Cloak Protocol is happy to announce that its pre-sale is now live, and the team encourages participants to join the game-changing $CLOAK project, which is focused on privacy and security. As a groundbreaking privacy-centric DAO and DeFi project, Cloak Protocol effectively combines advanced encryption, anonymity, and decentralization to redefine privacy in the digital age.
NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace.
MET500 LTD has launched a great cryptocurrency staking platform. The user-friendly website offers staking on the 8 most popular cryptocurrencies at the moment: Bitcoin, Litecoin, Dogecoin, Ethereum, RIpple, Tron, Binance BNB, and the USDT stablecoin on ERC20, TRC20 or BEP20 chains.
CrossTower, the global cryptocurrency trading platform, announced that it has reached an agreement to acquire BEQUANT, a leading prime brokerage and digital asset exchange, for an undisclosed amount. CrossTower also announced the launch of the first ESG Crypto Fund, in partnership with the Lydian Group, to invest in and rebuild companies that have promising futures.
Proprivex (PPX), a platform for crypto asset and currency management, helps to get an overview of investors portfolios and engage with trading all from one place. Built on Avalanche (AVAX), Proprivex (PPX) will help simplify the crypto investing process, so investors can have a better overview of their assets and what they can do to maximise them.
Babel Finance, the world's leading wholesale crypto financial services provider, announced the completion of a US$80 million Series B financing round at a valuation of US$2 billion. The main investors in this round include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly Capital and BAI Capital. Other investors include Circle Ventures and a number of family offices in the Asia-Pacific region.
Mitra Ferdows, a startup investor and consultant, expresses her point of view on strategic annual planning and its objectives and advantages in a webinar participated by startup founders in HealthTech and InsurTech industries. Mitra Ferdows, a Business Management graduate from the United States Loyola Marymount University and consultant in start-ups, expresses her point of view on strategic annual planning and its objectives and advantages.
Chainalysis, the blockchain analysis company, today announced it raised an additional $13M to expand its Series B round to $49M with an investment from Ribbit Capital and Sound Ventures. With the funds, which follows a $36M raise from Accel, Benchmark, MUFG and Sozo Ventures last year, Chainalysis will grow and deepen its government relationships and further unite the public and private sectors to fuel the cryptocurrency industry's growth through the addition of software engineers, government sales, and other business roles. Sigal Mandelker, General Partner at Ribbit Capital and former Under Secretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury, will join as an advisor to Chainalysis.
Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has added XTZ to Crypto Earn, allowing users to enjoy up to 6% p.a. on their deposits, paid in XTZ. Crypto.com private users will earn up to 8% p.a. In addition, deposits and withdrawals of XTZ are enabled on the Crypto.com App. Crypto Earn now supports 19 coins including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, MCO, BAT, LINK, CRO, MKR, DAI, PAXG, EOS, XLM, ATOM with the addition of XTZ. Interest is paid out weekly in the coin deposited with flexible, 1-month or 3-month terms available. Users earn more by staking at least 500 MCO.
IRA investment platform iTrustCapital reports a massive 3X increase in sign-ups from January to February, as seasoned cryptocurrency investors flock to its low-cost platform. iTrustCapital executives identified two main reasons for this increase. First, cryptocurrency investors may be taking positions in advance of a potential bull run driven by institutional adoption of XRP technology, Bitcoin's halving event, and economic uncertainty. Second, awareness of the ease of us