Binance Strengthens Web3 Trust
Through a recent law enforcement workshop in Taiwan, Binance took strides to bolster trust within the web3 ecosystem. Binance hosted a virtual assets law enforcement workshop for the officials of the Keelung District Prosecutors Office in Taiwan to strengthen relationships with law enforcement in handling crimes linked to cryptocurrency. The event, revealed on March 13, […]
UXLINK Secures $9m Funding Backed by OKX, KuCoin
The Web3 social network UXLINK disclosed that it had raised $9 million in a fundraising round backed by publicly traded corporations and private cryptocurrency. With 3.5 million members, Singapore-based web3 social firm UXLINK has drawn $9 million in funding from a consortium of investors. A press statement stated that OKX Ventures led a group of […]
Nibiru Chain Launches Public Mainnet
Layer-1 solution Nibiru Chain has announced the launch of its public mainnet, boasting 40,000 transactions per second. Aiming to perform 40,000 transactions per second, layer-1 blockchain network Nibiru Chain , which earlier secured $12 million from investors like Kraken Ventures, has launched its public mainnet. The platform hopes to increase its user base by utilizing […]
Elixir Secures $8 Million in Series B Funding
A decentralized network called Elixir, which aims to improve liquidity on order book exchanges, just closed an $800 million Series B fundraising round. The round, co-led by Mysten Labs and Maelstrom, raised $8 million with contributions from entities including Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, among others. Orderbook exchanges are favored due to their […]
Tether Freezes $1.4m USDT Linked to US Tech Fraud
The issuer of the USDT stablecoin Tether helped the FBI and the U.S. Department of Justice seize about $1.4 million worth of USDT. Tether stated in a statement on March 12 that assets will be given back to fraud victims. U.S. officials commended the corporation for their assistance. Tether CEO Paolo Ardoino said: “The seizure […]