Blockchain / Crypto

ChainSafe Systems, a Canada-based blockchain infrastructure firm, announced Tuesday that it has secured $18.75 million in an oversubscribed Series A funding round. The investment was led by Round13 with participation from new investors NGC Ventures, HashKey Capital, Sfermion, Jsquare, and returning investors ConsenSys, Digital Finance Group, and Fenbushi…

EVMOS StayKing House, a decentralized finance protocol developed by engineers from Sooho.io, the South Korea-based DeFi infrastructure service provider, won the Grand Champion award of $80,000 worth of USDC and EVMOS at Evmos’ inaugural Momentum Hackathon.

Blockchain.com, the United Kingdom-based crypto financial services firm, has secured an in-principle approval for the major payment institution license offering digital payment token services from the Monetary Authority of Singapore (MAS).

Hong Kong-based Raffles Family Office (Raffles FO) announced Thursday the launch of Revo Digital Family Office (Revo DFO), the first-of-its-kind in Asia that enables ultra-high net worth (UHNW) families to access and invest in digital assets from a consolidated wealth management platform.

Gomu, an non-fungible token (NFT) infrastructure and liquidity enabler based in Singapore, has closed a $5 million seed round with participation from Coinbase Ventures, Defiance Capital, Saison Capital.

Cool Cats Group LLC, the web3 company behind the iconic blue-chip non-fungible token (NFT) collection Cool Cats, announced Wednesday that it has received a strategic investment from Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse.

United States-based crypto platform Anchorage Digital announced on Wednesday its expansion to Asia, with notable institutional partners including Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures, and Antalpha, which have selected Anchorage Digital custody and bespoke offerings to safely participate in digital assets.

Hong Kong-based blockchain gaming firm Animoca Brands Corporation Limited and Japan-based cryptocurrency exchange and non-fungible token marketplace Coincheck, Inc. have agreed to further strengthen their collaboration and promote a strategic partnership that has been continued and enhanced since 2020.

Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore and Japanese Grands Prix happening on 2 October and 9 October respectively.

There are reasons to believe the new changes brought by merge will make Ethereum temporarily less secure, but there are always two sides to the crypto coin. Where contributors are incentivized to put more on the line, a commitment to growth, increased scalability, and accountability on the blockchain will follow.