Cypher Capital backs Echelon in $3.5 million seed round
Echelon aims to improve capital efficiency with features for institutional markets. Cypher Capital participated in Echelon’s $3.5M seed round. The funding supports the development of new products, RWAs, and expansion…
SEC charges two brothers in $60 million Ponzi scam
The Securities and Exchange Commission filed charges against Jonathan Adam and Tanner Adam over a $60 million Ponzi scheme. SEC says it received emergecy relief to freeze the brothers’ assets…
Optimism opens Retro Funding 5 offering 8 million OP
Optimism’s Retro Funding round 5 is open for applications until September 5, 2024. The Optimism team has also welcomed new Ethereum Layer-2 Soneium to the Superchain. Optimism has announced that…
Poodlana announces MEXC listing as presale surpasses $7 million milestone
Poodlana, a rapidly emerging player in the world of Solana-based memecoins, has announced its upcoming listing on the MEXC exchange, with the listing slated for August 19. This development comes…
Tether invests $3 million in Kem to bolster USDT adoption
Tether announces $3 million strategic investment in Kem app to boost adoption of its stablecoin USDT. Kem’s partnership helps Tether’s commitment to financial inclusion across the globe, Tether CEO Paolo…
Sea of green in crypto as new exchange, DTX, raises $1.2 million
Cryptocurrency prices have staged a strong comeback this week as concerns about the Japanese yen comeback faded. After tumbling sharply on Monday, most of them have bounced back by double…
Poodlana ignores the crypto sell-off as token sale nears $5 million
Cryptocurrencies have shed billions of dollars in the past few days as investors remain concerned about Japan, US election, and technical formations. No crypto has been spared, with Bitcoin falling…
SOL shorts suffer as price surges; Solana’s Poodlana hits $3 million milestone
SOL price rose to above $187 to see over $4 million short positions liquidated. Poodlana, the FashionFi meme coin, accelerated its presale as the sector surged amid US politics and…
Michigan pension fund discloses $6.6 million in Bitcoin ETFs
The State of Michigan Retirement System holds $6.6 million in 21Shares’ ARKB ETF. Michigan pension fund’s disclosure adds to growing number of US state pension funds buying spot Bitcoin ETFs.…
Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps
Hong Kong, Hong Kong, 25th July 2024, Chainwire The post Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community…