BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
OKX Partners with Pyth Network
Cryptocurrency exchange OKX announced that it is partnering with Pyth Network, which operates one of the largest and most reliable oracle networks.
Seven Web3 Firms Form Alliance Focusing on Data Privacy
According to the Universal Privacy Alliance's official statement, their aim is "to protect privacy regardless of the blockchain or technology stack."
Blockchain.com Gets Green Light to Operate in Singapore
Crypto exchange Blockchain.com has gotten the go-ahead to set foot on Singaporean soil after being approved by the nation’s central bank.
Ex-Terra Developer Somani Raises $15M for Startup
Neel Somani launched his Solana-based cross-chain modular rollup startup, Eclipse, following the collapse of TerraUSD.
Ethereum and Solana Disrupt Venture Capital With Coinbase-Backed DAODAO
Today, the fundraising process for founders is highly-centralized, with a handful of elite venture capitalists controlling who gets funded and who doesn’t. In addition, founders must typically wait ten years or more for their company to “go public” and become traded on a liquid exchange. But that could soon change as blockchains like DeSo enable founders to raise money from millions of Bitcoin, Ethereum, and Solana users with just the click of a button.
Gemini Enters Europe through Ireland
Gemini has entered the Irish market. The company is now providing crypto exchange and custody services to individuals and institutions.
Ripple Rolls Out On-Demand Liquidity Solutions in Sweden and France
To render seamless and real-time cross-border payments, Ripple, a leader in blockchain and crypto enterprise solutions, has established On-Demand Liquidity (ODL) solutions in France and Sweden.
Crypto Market Maker GSR Lays Off Less Than 10% Staff
GSR, a prominent market maker and liquidity provider in the industry, has unemployed less than 10% of its staff during Q3 this year.
Another Major Crypto Hack in Less a Week, $100M Stolen
Mango Markets was exploited after manipulation in the price of the crypto exchange's native MANGO token via an oracle price manipulation attack.
Step Secures $300m Fund, Introduces Crypto Investment Platform for Young Adults
Step has secured $300 million in new debt funding round, which coincided with the company’s launch of a crypto investment platform aimed at minors and young adults - their key clientele.