FunFair Ventures has completed the pre-seed round for Simplicity Group, accelerating their expansion plans with capital injection and advisory support. Simplicity Group is dedicated to bringing clarity to the complex world of crypto. Their mission is to make the overwhelming space more accessible for everyone, accelerating mass adoption.
Phemex Reveals Pioneering Insight on Upgrading from Centralized to Hybrid Semi-Centralized Crypto Exchange Platform Model
Stella Chan CMO of Phemex, a leading crypto platform, shares her vision involving plans to transition from a centralized to a hybrid semi-centralized crypto exchange platform model. With over US$5 billion in daily average trading volume and a user base of more than 5 million people worldwide, Phemex has quickly risen to the top ranks of crypto derivatives exchanges in the past 4 years.
.bit Reveals .bit Alias to Help Users Avoid Risks of Using Decentralized Identifiers for Certain Asset Transactions
.bit ("the Company"), an open-source Web3 identity provider of permissionless decentralized identifiers, has followed up its recent warning about the risks surrounding the usage of decentralized identifiers for crypto asset transactions by revealing a powerful tool, .bit Alias that reduces the risks for users associated with sending assets using mainstream crypto wallets and exchanges.
"Decentralization is the essence of crypto and is the fundamental basis of how it solves many tradfi [traditional finance] issues. However, the inevitable trade-off is that it leads to a burdensome user experience, which only increases as you further diversify your crypto holdings, such as using more platforms, exchanges, or wallets," says Sean Kim, CEO and founder of GROW, a mobile app that allows users to earn crypto rewards.
Multichain has teamed up with the Web3hub, a platform initiated by G-Rocket Accelerator to push the Web3.0 industry forward, to launch a three-month Web3.0 Global Acceleration Program. With a total funding of $10 million and an initial funding of $1 million raised by Multichain, the program aims to accelerate high-tech cross-chain application projects and build a MultichainVerse (MV) where all crypto ecosystems are united.
Lambda256, the blockchain tech arm of South Korean fintech leader Dunamu, has launched a new web3 development service platform named Luniverse NOVA. The platform aims to provide a user-friendly way for developers to build decentralized applications (dApps) on public chains such as Ethereum and Polygon networks, with advanced node service and high interoperable APIs.
Decentralized Crypto Financial, Inc. Launches First Ever KYC & AML Compliant Blockchain Solution in Partnership with Renowned Government Contractor, TENICA Global Solutions
Decentralized Crypto Financial , Inc. (DeCryptoFi), in partnership with Tenica Global Solutions (TENICA) today launched a new blockchain platform dedicated to making digital assets available in compliance with all SEC and Federal Government laws and regulations, the first publicly available Know Your Customer (KYC) & Anti Money Laundering (AML) compliant blockchain.
Realio Launches a Layer-1 Blockchain to Unite their Multi-Chain Ecosystem for Real World Assets (RWAs)
Realio, a technology ecosystem for institutional-grade digital real-world assets, announced its official launch of the Realio Network. The Realio Network is a new, Web3-enabled Layer-1 blockchain in the Cosmos ecosystem. Its design is fully open-source, permissionless, and purpose-built for the issuance and management of digitally native real-world assets.
As per the latest news, LABEL Foundation, a Korean-based organization dedicated to revolutionizing the music industry through the power of blockchain technology, has secured a major investment in the venture round funding from DWF Labs, the multi-stage Web 3.0 investment firm. DWF Labs, that has recently been labeled as a top crypto investor by Coindesk, has injected $1 million in LABEL’s ecosystem to foster the development of their pioneering Dapp TRACKS and to expand their user base by bringing innovative solutions to the market.
The Build N Build (BNB) Chain is a decentralized blockchain network that allows developers and innovators to build decentralized applications (DApps) as part of the transition to Web3. The BNB Chain is capable of high-speed transaction processing and lower cost transactions than the Ethereum network.