Souffl3, a “smart trading” NFT marketplace and launchpad on the Aptos blockchain, has raised $2 million in its latest seed funding round, according to an announcement post on Oct. 28. Excited to announce Souffl3’s completion of $2 million USD seed round. Thank you @Cryptocom_Cap, @Synergiscap , @huobi_incubator, @VenturesM77, @J17Capital for your trust and support. #LFM…
The MakerDAO community has approved a proposal by Coinbase to custody up to $1.6 billion USDC with the Prime reward program. Earlier on Sept. 6, Coinbase submitted a governance proposal seeking to onboard 33% of MarkerDAO’s USDC holdings to the Coinbase Institutional Rewards program. After due consideration by the MakerDAO governance forum, Coinbase’s proposal has…
Arbitrum’s parent company Offchain Labs has announced its acquisition of Prysmatic Labs, a core Ethereum development team. Prysmatic Labs is the engineering team behind Prysm, Ethereum’s leading consensus layer client. Prysm is an Ethereum proof-of-stake client that pioneered the Ethereum merge. Offchain Labs said the move to onboard Prysmatic Labs finds root in their shared…
Leading blockchain network Tron has inked an agreement with the government of Dominica to make Tron-native tokens authorized digital currency in the Caribbean Island. Tron founder Justin Sun shared the milestone on Oct. 12, stating that Tron tokens, including TRX, BTT, JST, NFT, USDD, USDT, and TUSD, are accepted as a medium of exchange in…
Leading tech giant Google is set to integrate crypto payments into its cloud services following a new partnership with crypto exchange Coinbase. Google announced on Oct. 11 that from 2023 it will start accepting cryptocurrencies for payments and use Coinbase Prime to store its crypto holdings. The pilot phase will see a handful of customers…
With approximately 70% of financial institutions and 59% of consumers in Europe interested in crypto-enabled payments, Ripple has partnered with Lemonway and Xbaht to leverage its On-Demand Liquidity (ODL ) solution to offer crypto payments to customers in France and Sweden. Ripple’s ODL enables low-cost and instant cross-border payments without the need for pre-funded accounts….
Global payment processor Visa has partnered with crypto exchange FTX to offer its debit card service to customers in over 40 countries. The partnership will enable FTX customers to convert their cryptocurrencies into fiat, by simply linking the Visa card directly to their custodial account. Visa and FTX will complete the conversion process in the…
Web 3 climate start-up Thallo inked a partnership deal with Ripple (XRP) and various other companies to build a first-of-its-kind marketplace that brings buyers and sellers of high-quality carbon credits. Thallo’s platform runs on Ripple’s XRP and focuses on the pricing problem of the current carbon market. With its new platform, buyers and sellers will…
Cathie Wood-led ARK Invest has inked a partnership with Eaglebrook Advisors to offer the ARK Cryptocurrency and ARK Cryptoasset strategies available as a separately managed account (SMA) for financial advisors and wealth managers. Since 2015, ARK Invest has been involved in crypto equity and security investments. Through the ARK Exchange Traded Funds (ETF), the investment…
Sweden’s central bank, the Riksbank, along with the central banks of Israel and Norway and the Bank for International Settlements (BIS), is exploring the use of a central bank digital currency (CBDC) for immediate retail and international remittance payments, according to a Sept. 28 release. The collaboration between the central banks and BIS is titled…