Ellipsis Labs secures $20 million in Series A funding - African News - News

Ellipsis Labs secures $20 million in Series A funding

Cryptocurrency developer Ellipsis Labs has finalized a Series A funding round, securing $20 million. According to its post on X (formerly Twitter), the investment round was led by Paradigm with additional support from Electric Capital. Other participants include Ethereum Foundation’s Justin Drake and Mike Neuder, Solana co-founder Anatoly Yakovenko, EigenLayer’s Sreeram Kannan, and a few…

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Binance threatens full restrictions on unverified sub-account holders - African News - News

Binance threatens full restrictions on unverified sub-account holders

Cryptocurrency exchange Binance has announced measures that will be taken against users with accounts on its Exchange Link program. According to the support/announcement/binance-exchange-link-mandatory-identity-verification-kyc-requirements-801c97aa0b07474387487149b13cc8bf” rel=”nofollow noopener” target=”_blank”>announcement, Binance has mandated users of sub-accounts to ensure prompt completion of their mandatory Know Your Customer (KYC). The exchange noted that only users who have complied with the directive…

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ZA Bank launches banking services for stablecoin issuers - African News - News

ZA Bank launches banking services for stablecoin issuers

In a bid to boost local Web3 adoption, Hong Kong-based ZA Bank has announced that it will offer banking services to issuers of stablecoins. According to its official announcement, the contact banking bank.za.group/en” rel=”nofollow noopener” target=”_blank”>platform said that it will open up security for fiat reserves, which issuers can leverage to back up their digital…

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Zimbabwe turns to gold in efforts to permanently ditching US dollar - African News - News

Zimbabwe turns to gold in efforts to permanently ditching US dollar

Buckle up, because Zimbabwe’s going for a wild ride down Gold Lane, ditching the us-be-affected-when-brics-ditch-dollar/” data-type=”post” data-id=”504791″ target=”_blank” rel=”noopener”>US dollar like it’s out of fashion. Under President Emmerson Mnangagwa’s regime, this southern African gem is shaking up its monetary system yet again. This time, they’re pulling a bold move by introducing a new gold-backed currency….

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BlackRock teams up with Wall Street giants for Bitcoin ETF participation - Industry News - News

BlackRock teams up with Wall Street giants for Bitcoin ETF participation

Blackrock, the largestbitcoin-etfs-as-trading-hit-highs/” target=”_blank” rel=”noopener”> ETF issuer in the developed world, has named four major Wall Street banks its authorized participants for its IBTC ETF, making them eligible for block trades. Citi, Citadel, Goldman Sachs, and UBS coming together at once with the spot bitcoin ETFs being the greatest spotlight of this is not a…

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Aerospike Secures $109 Million to Fuel AI Innovations and Market Expansion - AI - News

Aerospike Secures $109 Million to Fuel AI Innovations and Market Expansion

In a significant financial boost aimed at accelerating advancements in artificial intelligence (ai), Aerospike, a leading provider of NoSQL database management systems, has successfully closed a $109 million investment round. This substantial infusion of growth capital, led by Sumeru Equity Partners, marks a pivotal moment for Aerospike. The company intends to leverage these funds to…

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ADA and ATOM tokens ousted from Grayscale funds as Bitcoin dominance surges - Industry News - News

ADA and ATOM tokens ousted from Grayscale funds as Bitcoin dominance surges

Grayscale, the world’s major crypto-focused asset manager, took severe measures in the recent quarterly rebalancing and ejected ADA and atom of Cardano and cosmos from its funds. This decision is a retroactive action following the industry’s underlying factors, such as bad results and a strategic shift among virtual currencies. Grayscale index fund asset allocation changes…

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Prisma Finance Implements Risk Mitigation Efforts for Protocol Revival - Industry News - News

Prisma Finance Implements Risk Mitigation Efforts for Protocol Revival

finance-hacker-apology-stolen-funds/” target=”_blank” rel=”noopener”>Prisma Finance, an exemplary platform for decentralized finance (DeFi), has launched its protocol with DAO’s full backing since its inception. The action was taken after the spotlight on the same platform after obtaining an anomaly of $11.6 million, which resulted in the temporary suspension of operation. Institutionalization is one of the responsibilities given…

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IT and Security Professionals Embrace AI for Enhanced Cybersecurity Measures - Explained - News

IT and Security Professionals Embrace AI for Enhanced Cybersecurity Measures

However, the research with ZDNet. An authoritative publisher in this area proves that of the respondents identified as IT professionals and executives, only 63 percent find the implementation of indirect elections/” target=”_blank” rel=”noopener”>ai beneficial to their organization. The world of cybersecurity that the above statistic portrays demonstrates that the original knowledge gap is rapidly closing…

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Ripple is launching a stablecoin – but what does it actually mean? - Ripple News - News

Ripple is launching a stablecoin – but what does it actually mean?

Ripple Labs, a name that’s been tossed around more in courtrooms than in crypto exchanges lately, is stepping into the stablecoin market. Ohh, yeah. Amidst the whirlwind of Bitcoin making wallets fatter and the crypto market’s mood swings, Ripple’s liquidity-to-xrp-ledger/” rel=”nofollow noopener” target=”_blank”>throwing its hat in the ring with a stablecoin. But before you start…

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Binance Wallet and BTC L2 project BEVM launch an exclusive airdrop - Corporate Press Release - News

Binance Wallet and BTC L2 project BEVM launch an exclusive airdrop

Cardiff, 英国, April 4th, 2024, Chainwire According to Binance Web3 official announcement, Binance Web3 Wallet has officially launched a joint airdrop event with the BTC Layer2 project BEVM. Users who complete three simple tasks on BEVM through Binance Web3 Wallet will receive an exclusive airdrop of BEVM token. BEVM will allocate 10,500,000(0.5%) $BEVM for the…

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Top Crypto to Buy: BlockDAG Claims 10K-15K TPS: Ambushes Algotech (ALGT) Presale and ROE Token Launch - Corporate Press Release - News

Top Crypto to Buy: BlockDAG Claims 10K-15K TPS: Ambushes Algotech (ALGT) Presale and ROE Token Launch

This article steps into the future of finance by analysing the sensational Algotech (ALGT) presale and ROE token launch, setting the stage for a revolutionary breakthrough in cryptocurrency. Meanwhile, the ROE token launch by Borroe Finance is capturing hearts with its unique blend of ai and NFTs, promising a new era of high-yield opportunities.  Amidst…

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Microsoft and Sony Spring Sales Bring Discounts on Thousands of Games - Gaming Hardware - News

Microsoft and Sony Spring Sales Bring Discounts on Thousands of Games

Springtime comes along, too, as “Microsoft’s and gaming-handheld-a-potential-game-changer/” target=”_blank” rel=”noopener”>Sony’s annual Spring Sale” offers mobility game developers lower-priced titles. The companies market their services in much the same way since their respective offerings are focused on giving their customers terrific offers in the form of discounts for trending games and video game accessories. Xbox spring…

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