Euroclear Makes Asia Investment With Marketnode Stake
Marketnode has received funding from Euroclear, a major European clearinghouse, to expand its services throughout the Asia-Pacific region. Marketnode, a blockchain infrastructure firm with headquarters in Singapore, has announced a strategic investment from European clearinghouse Euroclear to grow its services throughout the Asia-Pacific area. The Singapore-based business, which focuses on tokenization asset management and blockchain-based […]
Ambient Finance Recovers Domain after DNS Attack
Ambient Finance, a DeFi platform, was able to take back control of its website after hackers took over its domain. Unknown fraudsters have started a series of front-end attacks against decentralized finance protocols, with Ambient banking emerging as the latest victim. Ambient alerted users of their decentralized exchange on October 17th about a Domain Name […]
Hermetica Secures $1.7M to Expand Stablecoin USDh
Hermetica, the company behind the Bitcoin-backed stablecoin USDh, has raised $1.7 million in seed funding. The money will help USDh—a stablecoin intended to be backed by Bitcoin—grow. Rather than fluctuating in value like Bitcoin, a stablecoin seeks to maintain its value pegged to a stable asset, such as the US dollar. Without leaving the Bitcoin […]
Binance Invests in Bitcoin Liquid Staking Project Lombard
Binance’s venture capital and incubation arm has invested in Lombard, the crypto project behind the Bitcoin liquid staking token LBTC. With this investment, Lombard can launch LBTC on new chains. In a release, co-founder and head of strategy at Lombard, Jacob Phillips, stated that the objective is to expand the decentralized finance scene on Bitcoin […]
Hong Kong’s HashKey Postpones HSK Token Launch Due
HashKey, Hong Kong’s largest regulated cryptocurrency exchange, delayed the HSK token launch for “more favorable market conditions.” The company behind the Hong Kong-based cryptocurrency exchange, HashKey Group, has decided to delay the release of its HSK token, citing the general performance of the market as being “relatively subdued over the past three months.” Within an […]