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DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain

DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain

Singapore-based DEFI derivatives EXCHANGE-SynFutures announced Wednesday a Series A funding completed with a total value of $14 million.

Ex-Polychain Capital General Partner Launches $125M Crypto Venture Fund

Ex-Polychain Capital General Partner Launches $125M Crypto Venture Fund

The fund, dao5, will invest in early-stage protocols and blockchain firms.

Defi Cross-chain Interoperability Protocol Nomad Raises $22.4m from Crypto Leaders

Defi Cross-chain Interoperability Protocol Nomad Raises $22.4m from Crypto Leaders

Defi cross-chain interoperability protocol Nomad has secured a $22.4 million seed round from crypto industry leaders.

DeFi Platform DFX Finance Says it Has Been Hacked for $7.5M

DeFi Platform DFX Finance Says it Has Been Hacked for $7.5M

The stablecoin platform DFX Finance is the latest victim of a $7.5 million hack

India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base

India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base

CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was also led by Polychain Capital and included HDT Group (operator of BitMEX) and Bain Capital Ventures. The company’s other main investor, Coinbase Ventures, has also made investments in other crypto businesses like BlockFi, Messari, Compound, Securitize, and Etherscan.

Chinese Bank Partially Owned by the Government Invests in Nervos STO

Chinese Bank Partially Owned by the Government Invests in Nervos STO

The Nervos Network security token offering (STO) has aimed to start on Oct. 16, to raise an undisclosed amount within two weeks via the CoinList platform.

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume

The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.

Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

The Bank of Thailand is warning citizens against using the illegal THT stablecoin.

Adam White, COO of Bakkt on the Custody Offerings and Future Roadmap

Adam White, COO of Bakkt on the Custody Offerings and Future Roadmap

Adam White, COO, Bakkt began his journey in the crypto world when he joined Coinbase six years ago, much to the dismay of his family and friends who believed has was throwing away his Harvard education on a pseudo-market.

Polkadot: A Decentralized Center for Specialized Blockchain Interoperability

Polkadot: A Decentralized Center for Specialized Blockchain Interoperability

Polkadot could be one of the most carefully crafted blockchain projects to date, allowing for better coordination and communication between blockchains.

Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals

Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals

The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.

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