Flood, a protocol for order routing, management and settlement, has secured $5.2 million in seed funding from Bain Capital Crypto, Archetype and Robot Ventures. The team said Flood provides dApp developers with tools to manage order flow for their applications and is the only DEX on the market with operational hooks. This feature allows traders to quickly and seamlessly settle transactions within the Flood ecosystem. This article originally appeared on www.coindesk.com. The world of cryptocurrency and blockchain technology is constantly evolving, with new developments and advancements happening all the time. Here are the latest tech news in the cryptocurrency and…
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ADA formed a descending channel, signaling the end of the downtrend. If buyers in the spot and futures markets become aggressive at the same time, the price could reach $0.68. If things go as expected, Cardano (ADA) holders may have something to cheer about. That’s because cryptocurrency analyst Ali Martinez pointed out that the price could soon reach $0.68. Martines noted in his post that ADA formed a descending triangle on the daily chart. A descending triangle is a technical pattern characterized by a decreasing upper trend line and a second horizontal trend line lower than the first. This pattern…
This registration allows us to expand into the important European market and offer our industry-leading products to our Dutch customers. We are committed to growing our business while complying with European regulations and have obtained a number of registrations over the past year. In addition to the Netherlands, we have registrations in Spain, Italy and Ireland and are actively pursuing registrations in other European markets. “The addition of the Dutch VASP registry continues to accelerate our European growth strategy,” said Brian Gahan, Managing Director of Europe at Kraken. “We see many opportunities to introduce our products to both retail customers…
Maincard.io Launches Testnet on TON Blockchain: Gateway to Web3 for Sports Fans – Chainwire housenewsroomMaincard.io Launches Testnet on TON Blockchain: Gateway to Web3 for Sports Fans We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical…
The Hashgraph Association and the Saudi Arabian Ministry of Investment have established a $250 million DeepTech Venture Studio in Riyadh to support more than 500 companies in developing advanced AI, blockchain and VR solutions. Hashgraph (HBAR) In a groundbreaking move, the Association announced a strategic partnership with the Saudi Arabian Ministry of Investment (MISA) to establish the DeepTech Venture Studio in Riyadh. This collaboration, outlined in a five-year contract worth $250 million, marks an important milestone in fostering Web3 and deeper technology development in the Kingdom. The venture’s goal is to provide more than 500 companies with the tools and…
See also: DeFi doesn’t have to worry about the SEC’s expanded broker rules. | opinion“The stakes are high not only for Prometheum and the rest of the industry, but also for government agencies that have insisted for years that there is a proper way for crypto companies to ‘come in and register’ to do business in the United States. Prometheum is in and registered, but it’s unclear what happens next. And while testing this uncertain situation, it may also help determine whether the SEC will consider ETH a security.”Prometheum can provide both custody and trading for those digital assets, as…
The Montenegrin court canceled Kwon Do-hyung’s extradition on grounds of violation of procedures. After being sentenced in Montenegro, former Terra CFO Han Chang-jun was repatriated to Korea. The postponement of the US SEC trial suggests legal action may be taken during the extradition proceedings. The Montenegrin Court of Appeals canceled the decision to extradite Terra co-founder Kwon Do-yoon to South Korea and the United States. The decision follows a series of legal battles and extradition attempts over allegations related to Terra’s stablecoin collapse. This follows a similar decision by Montenegro’s Court of Appeal in November 2023 before Montenegro’s High Court…
Republican senators are aligned with Securities and Exchange Commission Chairman Gary Gensler about inaccurate statements the agency made in his lawsuit against cryptocurrency startup DEBT Box. Representatives Cynthia Loomis of Wyoming, Bill Hagerty of Tennessee, Katie Boyd-Britt of Alabama, Thom Tillis of North Carolina, and J.D. Vance of Ohio said the SEC’s handling of the case was in line with its mission to protect investors and maintain fair markets. “It has become endangered,” he said. Letter sent to Gensler on Wednesday. “We are deeply concerned by the Commission’s actions in this case,” they said in the letter. “It is unconscionable…
February 7 What is Dimension (DYM)? Posted at 16:54h education Maria Lobusova Dymension (DYM) is pioneering innovation in Web3 technology by building a high-speed, modular blockchain network called RollApps. These RollApps are designed for easy deployment, providing a streamlined approach to creating a variety of blockchain applications. The core of Dymension’s innovation is the RollApp Development Kit (RDK), which is similar to the Cosmos SDK for RollApps and provides developers with a powerful toolkit to accelerate the process of building these applications. The term “RollApp” is derived from the “rollup” concept in blockchain technology. Rollup is a solution designed to…
Is your cryptocurrency safe? Check out WordPress after data breach alertCryptocurrency enthusiasts using WordPress are at risk due to a serious vulnerability in a popular cryptocurrency widget plugin, potentially exposing sensitive data to hackers. Singapore authorities have warned of a rise in ‘cryptocurrency leakers’ targeting investors’ wallets. Singapore’s Cybersecurity Authority has issued a warning regarding versions 2.0 to 2.6.5 of the “Cryptocurrency Widget – Price Ticker and Coin List” plugin, which contains a SQL injection flaw. This vulnerability allows hackers to inject malicious code and steal information from website databases. The exact number of users affected is unclear, but the…