Web3 infrastructure firm ChainSafe closes $18.75M funding round
ChainSafe is concentrated on multi-chain R&D and blockchain gaming, which is a developing sector with a multi-billion-dollar valuation. ChainSafe, a Canadian Web3 infrastructure startup, has concluded an $18.75 million fundraising round supported by well-known industry venture companies, putting it on track to grow operations at a time when demand for gaming services and blockchain infrastructure […]
Australian regulator stops three crypto funds due to non-compliance
Due to “non-compliant” target market decisions, three crypto funds have received temporary stop orders from Australia’s market regulator. Due to non-compliant target market determinations, Australia’s primary financial market regulator has issued temporary stop orders on three crypto funds that were going to be made available to retail investors (TMDs). The Australian Securities and Investments Commission […]
Binance CMC Index Series begins with monitoring top 10 crypto
Binance CMC Top 10 Equal-Weighted Index will be available to investors through Auto-Invest beginning in November 2022, allowing them to track the performance of the top ten cryptocurrencies. The cryptocurrency exchange Binance announced that it will introduce its Top 10 Equal-Weighted Index as the first index product in its Binance CoinMarketCap (CMC) Index Series. The […]
Polkadot development activity reaches its peak
According to data from the programming repository GitHub, Polkadot acknowledged over 500 contributions per day in September, a record number for the multichain protocol. A record 26,258 messages were transferred between its parachains, according to data from Polkadot cross-consensus interoperability standard XCM. On Polkadot’s GitHub, 14,930 developers contributed in all for the month of August. […]
Ethereum Name Service (ENS) explained
The Ethereum Name Service (ENS) replaces complex and difficult-to-read public addresses with simple, human-readable names. The Ethereum Name Service (ENS) has developed as a useful option for converting machine-readable addresses on other blockchain networks to human-readable addresses. Before Paul Mockapetris’s ground-breaking creation of the Domain Name System (DNS) in 1983, you had to write in […]