Additional components of the new platform include access pricing from more than 70 liquidity venues with built-in smart order routing, treasury management, risk management and operations. Additionally, FalconX said its new “Orderbook” module allows investors to trade directly with FalconX, while “simultaneously benefiting from the best prices across global liquidity venues,” according to a statement. Source
Tag: Platform
Crypto Banking Platform BVNK Wins Registration in Spain
In an announcement on Thursday, BVNK referred to VASP registration in Spain as a “springboard for expansion” across the European Union (EU). Under the EU’s Markets in Crypto Assets (MiCA) legislation, which is on the verge of becoming law, crypto companies licensed in individual member states can market their services across the 27-country bloc, provided they meet minimum guarantees intended to protect investors and maintain stability. Source
Blockchain Development Platform Tatum Raises $41.5M From Octopus, Circle, Others
Tatum’s aim is to slash the time-to-market of blockchain application development. Its platform simplifies the creation of blockchain operations in single lines of code to streamline the development process, incorporating features such as smart contracts, fee and payment solutions, real-time alerts, and crypto-exchange functions. Source link
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings. Solana (SOL) based decentralized finance (DeFi) exchange Mango Markets has been hit with a reported exploit of over $100 million through an attacker manipulating price oracle data, allowing them to take out under-collateralized cryptocurrency loans. The exploit was first identified by blockchain security firm OtterSec which tweeted the exchange had been drained of over $100 million due to the attacker manipulating…
Solana-Based Decentralized Finance Platform Mango Hit by Potential $100 Million Exploit
CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal
Breaking News: Solana-Based Decentralized Finance Platform Mango Hit by Potential $100 Million Exploit
The apparent exploit of Mango Markets stemmed from the ability of an attacker to manipulate the value of their posted collateral. Source
A16z Leads $14M Funding Round for New E-Commerce Platform From Twitch Co-Founder
A16z crypto, which broke industry records with a new $4.5 billion fund in May, participated with the support of its Cultural Leadership Fund. Other investors in the round included Solana Ventures, GOAT Capital, L Catterton, Electric Ant, Electric Feel Ventures, Andre Iguodala, Javale McGee and James Beshara. Source
Smart-Contract Platform Soroban Receives $100M to Build on Stellar Network
Soroban, which is now live on Futurenet, has put out a call for developers to tinker with its smart contract service, which is written in Rust. Although the platform will go through several test nets before launching in early 2023, it has already been designed with ease of use and simplicity in mind, Weller says. Source
Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round
“People are already incentivized to use their crypto to invest in real estate; the problem is that until now they have never had the ability to,” co-founder and CEO Aaron Nevin told CoinDesk. “Historically, to buy a home they would have had to liquidate their assets, lose their upside and get hit with a massive tax bill. The aim is to bridge the two worlds of crypto and TradFi to make it easy for them to leverage their digital assets.” Source
Dapper Labs and Spanish Soccer League Laliga Launch Memorable Moments NFT Platform Laliga Golazos – Blockchain Bitcoin News
Laliga, the premier soccer league organization in Spain, has announced the launch date of Laliga Golazos, a memorable moment NFT (non-fungible token) platform. The platform, built in partnership with Dapper Labs, will allow users to purchase NFTs with videos of the most memorable goals starting from 2005 to the present. Spanish Laliga Launches Laliga Golazos Laliga, the premier soccer league in Spain, is entering the world of digital collectibles. The company recently announced the launch of its own NFT platform, Laliga Golazos. The service, launched in partnership with NBA Top…