February 8: flood, a protocol for order routing, management, and settlement, announced a $5.2 million seed funding round co-led by Bain Capital Crypto and Archetype, with participation from Robot Ventures. According to the team, “Flood provides decentralized application (dApp) developers with a suite of tools to own and manage the entire lifecycle of their application’s order flow. It is currently the only decentralized exchange available on the market with operational hooks ( As a DEX, the user experience allows traders to settle trades quickly while remaining seamless within the Flood ecosystem.”
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage Bitcoin price rose 3% in the last 24 hours. Traded for $44,572 As of 0:43 AM EST, trading volume had increased 38% to $23 billion. As cryptocurrency analyst Ali Martinez noted: BTC Whales Increasing Assets The cumulative figure was 73, the highest in several months. These individuals own more than 1,000 tokens, with a total value of approximately $44 million. #Bitcoin More whales are piling up $BTC! There are now about 73 new whales in the 1,000 population. #BTC This is an increase of 3.66% in…
Superform Labs, a cryptocurrency startup founded by two former BlockTower Capital investors and a former Microsoft product manager, has raised $6.5 million in seed and angel funding rounds.Polychain Capital led the seed round, with participation from BlockTower Capital, Maven 11, Circle Ventures and others, Superform said Wednesday. Angel investors in this round included Arthur Hayes, Marc Bhargava, Avi Felman, Michael Bucella, and Bryan Pellegrino.The seed round closed in November 2022, but Superform waited to announce it alongside its marketplace launch in early access mode, Superform co-founder Blake Richardson told The Block. The round consisted of shares with token warrants and…
U.S. prosecutors have called for a comprehensive investigation into the case involving the former CEO of Celsius. Alex MasinskyFTX founder and former CEO Sam Bankman-Fried. This request was made based on concerns about potential conflicts of interest arising from shared legal representation. Both crypto companies. US prosecutor addresses potential conflict of interest On Tuesday, the U.S. government requested a hearing. Judge Lewis Kaplan, Chief Judge of the Southern District of New York. Prosecution submitted the letter We urge the court to conduct a hearing regarding potential conflicts of interest that may arise from the defense attorney’s representation of the defendant.…
Zug, Switzerland, February 7, 2024, Chainwire Swiss-based platform skyline digital We enable underbanked Web3 businesses, founders, and DAOs to access third-party fiat payments, OTC transactions, tokenized real-world assets, vIBAN, and on/off ramps. Web3 corporations, DAOs, and high net worth individuals are underserved by traditional banks, while custodial and centralized cryptocurrency exchanges pose risks and instability. Skyline Digital has made it its mission to solve these problems at the core of its Web3 business through a non-custodial platform that provides access to TradFi services directly from any wallet. Switzerland is home to the cryptocurrency-friendly Skyline Digital, which operates as a regulated…
Welcome to the future of finance! Sling Coin is the latest and greatest cryptocurrency on the market and is already making waves in the digital currency world. In this article, we’ll take a closer look at Sling Coin, why it’s unique, and why you should pay attention. What is Slingcoin? Sling Coin is a new cryptocurrency that aims to revolutionize the way we think about money. It was created with the goal of providing a fast, secure, and decentralized payment system that can be used by anyone, anywhere in the world. Unlike traditional currencies, Sling Coin is not controlled by…
Ethereum price gained traction and rose above $2,400. ETH is currently showing bullish signals and could extend its gains towards the $2,550 level. Ethereum is gaining bullish momentum above the $2,380 area. The price is trading above $2,350 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $2,400. The pair may correct lower, but the bulls may become active near the $2,400 support. Ethereum price rising Ethereum price remained strong above the $2,250 level. ETH started another Bitcoin-like increase and was able to clear a few…
Web3 game developer Wemade refuted allegations of coin overissuance fraud during an investigation by the Financial Investigation Department of the Seoul Southern District Prosecutors’ Office. The allegations suggest Wemade may have violated local reporting rules by failing to disclose private keys to users.The Wemade token WEMIX development team officially announced on February 8 that it has partnered with Play Wallet, Wemade’s digital asset storage system, and PNIX DEX, a decentralized exchange, complies with regulations requiring registration as a virtual asset service provider. It was announced that it was exempt from the requirement.According to Korean regulations, cryptocurrency service platforms are required…
The UK Ministry of Defense has signed a £1.8 billion contract with Thales for a 15-year project to improve the availability and resilience of Royal Navy ships using AI and data management. The UK Ministry of Defense has signed a significant 15-year contract worth £1.8 billion with Thales, which aims to improve the availability and resilience of ships in the Royal Navy. This contract, known as the Marine Sensor Enhancement Team (MSET) project, is designed to leverage the latest technologies from the Marine Sensor Enhancement Team (MSET). A.I (AI) and data management technologies to predict equipment failures before they occur,…
Cryptocurrency regulation varies widely across jurisdictions, reflecting the different approaches governments have taken to managing the complexities of decentralized digital ecosystems. Some countries have embraced cryptocurrencies, establishing clear regulatory frameworks to foster innovation and protect consumers, while others have taken a more cautious or restrictive stance, citing security and market stability concerns.One of the defining characteristics of the cryptocurrency space is the relentless pace of technological innovation. From the emergence of blockchain technology as a fundamental architecture to the rise of decentralized finance (DeFi) platforms, the landscape is constantly evolving. Smart contracts, privacy-enhancing technologies, and new consensus mechanisms contribute to…