Tag: Platform

IntelligentCricket and Neon Eight Group Co-Lead $5 Million A-Round Fundraise for Sports Metaverse Platform Bitball

PRESS RELEASE. The sports metaverse platform Bitball has completed a $5 million A-round fundraising co-led by IntelligentCricket, a global leader in cricket analytics, and Neon Eight Group, a private equity group focused on sports whose portfolio includes MPS Data. This round brings Bitball’s total funding to $7 million, following a previous $2 million investment from […] Source CryptoX Portal

Donald Trump’s World Liberty Financial Taps Chainlink to Secure Defi Platform

World Liberty Financial (WLF) aims to achieve its aim of launching the next wave of broad defi adoption through the security and dependability of Chainlink. Chainlink to Power World Liberty Financial’s Defi Ecosystem World Liberty Financial (WLF), a decentralized finance (defi) platform backed by Donald Trump has announced a strategic partnership with Chainlink, the standard […] Source CryptoX Portal

Team Liquid Unveils MyBlue Fan Platform on Sui Blockchain

Caroline Bishop Nov 15, 2024 08:27 Team Liquid launches the MyBlue platform on Sui, offering fans a customizable digital avatar and unique fan engagement experiences, reinforcing their connection to esports. In a groundbreaking move for esports fan engagement, Team Liquid has launched its innovative MyBlue platform on the Sui blockchain. This new platform allows fans to engage with the team through unique digital experiences, according to the Sui Foundation. Empowering Fan Engagement MyBlue offers fans the opportunity to claim a personalized avatar…

USDT Issuer Tether Unveils Asset Tokenization Platform ‘Hadron’

Tether’s ambition to venture into asset tokenization, a red-hot trend at the intersection of crypto and traditional finance, has been well-documented as the company strives to diversify from its highly-profitable stablecoin business. The company issues the $126 billion dollar stablecoin USDT and the $600 million gold-backed token XAUT, and reported f $7.7 billion in group-wide net profits this year so far, in large part from the yield on its $80 billion stockpile of U.S. Treasuries. It has used the profits to invest in startups, bitcoin mining, energy production and AI.…

Trump-Supported World Liberty Financial (WLFI) Taps Chainlink Data Services as DeFi Platform Takes Shape

World Liberty Financial is spearheaded by Zachary Folkman and Chase Herro, who worked previously on DeFi platform Dough Finance, which saw $2 million of crypto assets drained through a July exploit. Members of the Trump family, including Donald Trump, publicly championed the project on social media, with the former president being titled as “Chief Crypto Advocate.” for the platform. Two of his sons, Eric Trump and Donald Trump Jr., are involved as “Web3 Ambassadors,” while his other son Barron Trump is listed as “DeFi Visionary.” Source

BRICS Digital Asset Platform Proposal Poised to Reshape Global Investment

A proposed BRICS digital asset platform could ignite unprecedented investment in South Asia, Africa, and Latin America, driving growth in emerging markets. Digital Assets at the Core of BRICS’ Ambitious New Investment Platform Russian President Vladimir Putin discussed the proposed creation of a BRICS investment platform to support developing markets at the Valdai Discussion Club’s […] Source CryptoX Portal

Binance Labs invests in DeSci platform BIO Protocol

Binance Labs, the venture capital arm of Binance, has announced its investment in BIO Protocol, a platform designed to help early-stage scientific research startups access decentralized funding opportunities. The investment sees Binance, powered by the native token BNB (BNB), make its first foray into decentralized science, the platform said in an announcement on Nov. 8. According to Binance Labs, BIO Protocol is the equivalent of the “Y Combinator of on-chain science”, a reference to the U.S.-based VC firm and startup accelerator. BIO Protocol advances the DeSci sector by providing a…

A Ponzi Unveiled? Controversial Crypto Platform Facing California’s Wrath

The California Department of Financial Protection and Innovation (DFPI) issued a Desist and Refrain Order on Monday to Trage Technologies Ltd., also known as Trage Tech, for alleged violations of securities laws. The DFPI claims that Trage Tech, which operates out of the Marshall Islands and Panama, promoted “Crypto Arbitrage Investment Packages” without proper registration. […] Source CryptoX Portal

Bridge, Which Is Being Bought by Stripe for $1.1B, Acquires Web3 Infrastructure Platform Triangle

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