March 7: Sona Bus, which provides “curated, trusted data sets for over 32 chains by leveraging Snowflake technology,” according to its website, in a seed funding round led by BlockTower Capital with participation from United Overseas Bank, Aglaé Ventures, and Third Prime Ventures. We raised $7 million. Eye Fund, Aptos, FBG, and FJ Labs. According to the team, “It is difficult to obtain comprehensive, high-quality blockchain data. Without extensive infrastructure, it often produces incomplete data riddled with quality issues. Sonarverse provides a powerful multi-chain data solution that captures the entire story of the ecosystem (3 We solve these problems with…
Author: Crypto Flexs
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Tether announced that it has signed a Memorandum of Understanding (MOU) with NAPP, the National Prospect Project Agency of the Republic of Uzbekistan. The goal is to foster innovation, drive blockchain adoption, and make the region a hub for peer-to-peer technology. This move highlights Tether’s ambition to continue its expansion globally by building resilient cities and countries around the world. Both Tether and Uzbekistan will benefit from this. As the company continues to shape the global digital asset ecosystem, Uzbekistan has the opportunity to capitalize on this opportunity and leave its imprint on the map. Three aspects of the industry…
outlineFrench cryptocurrency startup Zama has secured $73 million in a Series A funding round led by Multicoin Capital and Protocol Labs. This funding will support Zama’s mission to enable computation on encrypted data without decryption and enhance data privacy on the Internet.Fully homomorphic encryption (FHE)innovative technology: Zama’s FHE technology allows data to be processed and calculated in an encrypted state, ensuring privacy and security.Data Privacy Revolution: FHE aims to make data privacy a standard feature of the Internet, allowing operations like cloud computing to be performed on encrypted data.Use cases and clientsimportant customer: Zama has onboarded notable clients, including Shiba…
The Central Bank of Nigeria announced today that it is collaborating with blockchain credit infrastructure company Gluwa to drive the adoption of eNaira, its central bank digital currency (CBDC). Gluwa hopes to drive adoption by introducing Credal technology to eNaira, which supports lending on the real-asset-centric Creditcoin blockchain the company has developed. Now, when users transact using eNaira, they build a decentralized credit profile that is independent of financial institutions or borders.“Gluwa has set lofty ambitions to onboard millions of Nigerians by implementing Credal technology to build the credit reputation of eNaira users in a valuable new way to drive…
March 4th Why is Bitcoin Rising? Posted at: 01:32h education by admin The recent introduction of Bitcoin exchange-traded funds (ETFs) has injected new dynamism into the cryptocurrency market, especially evident in the notable surge in trading volume witnessed this week. Retail traders in particular are using these ETFs to capitalize on Bitcoin’s continued rally, which has pushed the cryptocurrency past $60,000 for the first time since November 2021. The new Bitcoin ETF appears to have insatiable demand for BTC. In particular, iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) recorded trading volumes that far exceeded expectations, fueling…
SORA of Text-Video Creating AI model, SORA, has a dramatic development in the AI ability to generate realistic video scenes in the text prompt and affects creative industries and education as a whole. Respected artificial intelligence lab OpenAI has achieved an incredible milestone in the field of generative AI with the launch of Sora in February 2024. OpenAI captivated a global audience with its announcement on February 16th on its X platform (formerly Twitter). “Our innovative text-introduces SORA, a video model. SORA can create a video of up to 60 seconds, featuring very detailed scenes, complex camera movements, and various…
In the world of digital currencies, CloudCoin is emerging as a revolutionary new form of decentralized currency that promises to change the way we think about currency. Unlike traditional cryptocurrencies like Bitcoin, CloudCoin is designed to be fast, secure, and easy to use for everyday transactions. Benefits of CloudCoin Decentralized: CloudCoin operates on a decentralized network, making it resistant to censorship and government control. Privacy: CloudCoin transactions are completely private and anonymous, ensuring the security of your financial information. Speed: CloudCoin transactions are processed in seconds, making them ideal for fast and efficient payments. Security: CloudCoin uses cutting-edge encryption technology…
After Bitcoin (BTC) hit a new all-time high (ATH), Ethereum (ETH) rebounded above $3,800 before plunging more than 10% in price. The second-largest cryptocurrency recovered from its downturn and momentarily reached $3,900 for the first time in more than two years. Ethereum recovers and rises to $3,900. Bitcoin reached a major milestone on Thursday after breaking above $69,000 and hitting a new all-time high (ATH). Before the euphoria was over, the price of the flagship cryptocurrency began to fall to $60,000. Since then, the price of BTC recovered and hovered between the $66,000-$67,000 price range. Buoyed by optimistic sentiments, Ethereum…
According to local news, South Korea is currently seeking Interpol’s help to extradite Kwon Do-kwon from Montenegro. The Terra co-founders have successfully appealed several High Court extradition orders. A Montenegrin court recently canceled a U.S. extradition order on fraud charges. South Korean authorities have stepped up efforts to bring back Do Kwon, the co-founder of Terraform Labs, who faces multiple charges, including securities fraud. According to Korean news agency Newsis, the Korean National Police Agency and the Ministry of Justice have officially requested Interpol’s assistance in this high-profile case. Do-kwon Kwon, the former leader of Terraform Labs, is under surveillance…
Interest in ETH and SOL has grown significantly over the past few months, and ETPs will contribute to making staking rewards more accessible to a broad audience, Figment said. Source: CoinDesk Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Don’t invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong.advertising Read full disclaimer like this:good night Loading…