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 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
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
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
TikTok, a popular social media site, faces allegations for sending user data to its Chinese owner. Ex-employees asserted that TikTok functioned independently from the Chinese Communist Party financially, but were unable to completely sever ties with their parent company, ByteDance. According to reports, the information disclosed is said to have contained users’ personal details such … Read more