Shomari Figures Wins US House Seat with Crypto PAC Support

In a recent US House of Representatives runoff election, candidates affiliated with the Alabama Democratic party named Shomari, secured victory with approximately 61% of the votes cast. Figure, an advocate for progressive policies and previously connected to Washington’s political elite, received over $2.7 million in independent financial backing from a cryptocurrency industry PAC. In simpler … Read more

Centrifuge Raises $15M for DeFi Innovation

A centrifuge, which is a prominent platform for tokenizing real-world assets (RWAs) via the foremost protocol, has secured $15 million during its Series A financing. This round received investments from ParaFi Capital and Greenfield. The company was a pioneer in connecting the worlds of traditional finance (TradFi) and decentralized finance (DeFi) by tokenizing Reinsurance Assets … Read more

Bitcoin Ord.io Secures $2M Investment for Runes Token Launch

Bitcoin Ord.io secured a pre-seed investment worth $2 million from Bitcoin Frontier Fund and Sora Ventures. Notable investors, including Longhash Ventures, Daxos Capital, and Portal Ventures, also participated in this funding round. The investment intends to help Ord.io go beyond its present projects, incorporating fresh features that align with the upcoming Runes token. Industry experts … Read more

Durov Forecasts Secure Crypto-like Communication Devices

Pavel Durov, the creator of Telegram, anticipates a rise in unconventional, secure gadgets for storing cryptocurrencies that function similarly to communication wallets. His projection arises from growing apprehension among privacy advocates regarding potential government control over these advanced technologies. In an interview with Tucker Carlson, Durov voiced worries over governments trying to pressure services such … Read more

Zeko Labs Raises $3 Million for Zeko Protocol Development

At Zeko Labs, a startup specializing in zero-knowledge blockchain technology, we recently closed a successful pre-seed funding round, raising $3M from investors. These funds will be utilized to advance the development of our scaling solution, the Zeko Protocol. This cross-chain technology is designed to foster growth within sectors such as finance, artificial intelligence, and internet … Read more