StarkWare Industries

Arbelos Markets Raises $28 Million to Rebuild Trust, Build Next-Generation Crypto Derivatives Trading Business to Provide Liquidity for Crypto Capital Markets

Retrieved on: 
水曜日, 5月 8, 2024
Decentralized finance, Goldman Sachs, Galaxy Digital, Risk, Framework, Merrill (company), UBS, StarkWare Industries, Trust, Immutable object, Sunlight, RFQ, Cryptocurrency

NEW YORK, May 8, 2024 /PRNewswire/ -- Arbelos Markets, a principal liquidity provider in crypto derivatives markets, announced today that it has raised $28 million in a mix of seed equity and debt financing led by Dragonfly Capital to build transparency-based trading infrastructure and offer bilateral and on-exchange liquidity in options and futures products.  Investment firms Room40 Ventures, Selini Capital and Breed VC, corporate partners FalconX, Circle Ventures, Paxos, P2 Ventures (formerly Polygon Ventures), Deribit, Chorus One, StarkWare and Immutable, and angel investors at Aevo, Cega, Talos, Amberdata, and Framework also participated in the significantly oversubscribed round. Arbelos Markets was founded in 2023 by veteran industry operators and derivative traders Joshua Lim and Shiliang Tang.

Key Points: 
  • Arbelos Markets was founded in 2023 by veteran industry operators and derivative traders Joshua Lim and Shiliang Tang.
  • The crypto industry has evolved from a retail-driven market to one dominated by sophisticated Wall Street firms.
  • However, the industry-wide credit crisis of the last two years has hollowed out crypto market structure and impaired many of the core players servicing derivatives liquidity.
  • Arbelos Markets will continue to fulfill this market need by providing transparent, global liquidity to its partners 24/7.

QED Launches L2O Consortium to Develop Bitcoin Layer 2 Solutions

Retrieved on: 
木曜日, 4月 11, 2024
News, QED, StarkWare Industries, Consortium, ZK, Privacy, Cryptocurrency

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Key Points: 
  • To view an enhanced version of this graphic, please visit:
    The L2O Consortium aims to set standards for trustless applications and Layer 2s to be deployed on the Bitcoin blockchain.
  • By leveraging Bitcoin's liquidity and security guarantees, developers will be able to build Layer 2 applications with strong network effects from the wider Bitcoin ecosystem.
  • Carter Jack Feldman, Founder and CEO of QED Protocol, commented on the news, "The L2O Consortium marks a major milestone in unlocking the full potential of Bitcoin.
  • The L2O Consortium welcomes additional members looking to advance zero-knowledge technology for Bitcoin in a coordinated, community-driven way.

Usual Labs Announces a Strategic Funding Round of $7M and $75M TVL Committed to Compete With Stablecoin Giants

Retrieved on: 
水曜日, 4月 17, 2024
Kraken, Ethereum, Element, TVL, News, LDT, Fintech, Member of Congress, Breed, StarkWare Industries, Entrepreneurship, National Assembly, Trust, GSR, Human, Philosophy, Growth, Labs, Cryptocurrency

PARIS, April 17, 2024 /PRNewswire/ -- Usual Labs, the company in charge of developing Usual, an innovative protocol bridging the gap between traditional and decentralized finance through the USD0 stablecoin, is proud to announce that it has raised $7M and committed $75M in Total Value Locked (TVL) to ensure its launch in Q2 2024. Usual Labs has garnered the support of more than a hundred investors, including two leading co-investors, IOSG Ventures and Kraken Ventures, as well as a diverse group of notable investors, including GSR, Mantle, StarkWare, Flowdesk, Avid3, Bing Ventures, Breed, Hypersphere, Kima Ventures, Psalion, Public Works, and X Ventures.

Key Points: 
  • With its innovative Liquid Deposit Token (LDT), Usual is aiming to establish itself as the leading DeFi-native stablecoin.
  • Acknowledging the demand for a stablecoin that is secure and owned by the community, Usual Labs has brought together a majority of founders from the DeFi ecosystem.
  • The fundraising will allow Usual Labs to prepare for the pre-launch of the USD0 stablecoin on the Ethereum mainnet in Q2 2024.
  • The team's unmatched expertise in regulation, operations, and DeFi, spearheaded by Pierre Person, positions Usual uniquely to capitalize on their vision."

ApeX Protocol Marks 1-Year Milestone with Achievements and Roadmap Unveiling

Retrieved on: 
木曜日, 12月 14, 2023
StarkWare Industries, Business, Stork, Dex, Apex, APR, Oracle, Social media, DIDS, Staking, Ecosystem, SBT, Sybil attack, APEX, Protocol, USDT, DEX, Telegraphy, Collaboration, SLP, APY, Decentralized finance, Cryptocurrency, Video game, Tire manufacturing, Mantle, USDC

ApeX will be celebrating this milestone with a 2-week long celebration, with 25,000 USDC and 50,000 APEX in rewards.

Key Points: 
  • ApeX will be celebrating this milestone with a 2-week long celebration, with 25,000 USDC and 50,000 APEX in rewards.
  • Built on StarkWare's Layer 2 scalability engine StarkEx and operating on an orderbook model, ApeX provides a secure, efficient, and user-friendly experience for users.
  • This anniversary is a testament to the incredible community that has shaped ApeX into what it is today.
  • With a focus on user-centric innovations, strategic collaborations, and a commitment to decentralized excellence, ApeX remains at the forefront of shaping the future of decentralized finance.

OKX Senior Executives Lead Discussions on Virtual Assets and Web3 Development at Hong Kong FinTech Week 2023

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月曜日, 11月 6, 2023
Diamond, Scroll, Crypto, Knowledge, Decentralized finance, Moody's Investors Service, Fintech, Conference, Harry Lennix, OKX, Bloomberg Television, Center Stage (1991 film), Growth, Ecosystem, Center Stage, Ministry of National Education (France), AI, StarkWare Industries, Kong, Cryptocurrency, Web3

HONG KONG, Nov. 6, 2023 /PRNewswire/ -- OKX , a leading global Web3 technology company and virtual asset exchange, showcased its dedication to the development of Hong Kong's Web3 and virtual asset ecosystem during the recent Hong Kong FinTech Week 2023 , where it was also a Diamond Sponsor of the event.

Key Points: 
  • HONG KONG, Nov. 6, 2023 /PRNewswire/ -- OKX , a leading global Web3 technology company and virtual asset exchange, showcased its dedication to the development of Hong Kong's Web3 and virtual asset ecosystem during the recent Hong Kong FinTech Week 2023 , where it was also a Diamond Sponsor of the event.
  • During the main conference, which took place on November 2-3 at the Hong Kong Convention Centre, OKX's senior executives participated in a number of panels and fireside chats.
  • OKX Global Chief Commercial Officer Lennix Lai said: "Hong Kong FinTech Week 2023 was the ideal platform for OKX to engage in conversations about the potential of Web3 technology to shape the future of finance and beyond.
  • In March of 2023, OKX announced the establishment of OKX Hong Kong, along with its intention to apply for the relevant licenses for virtual asset trading platforms.

Flash News: OKX Ventures and Gitcoin Host First 'Shelling Point .edu' Conference in Asia, Focusing on Open-Source Technology, the Developer Community, Regenerative Finance and Public Goods Funding

Retrieved on: 
月曜日, 9月 11, 2023
Ethereum, Shell, Blockchain, Shell Point, Florida, Dame Alice Owen's School, Speech, Carbon, StarkWare Industries, Organization, Min, Ecosystem, Safety, Cryptocurrency, Web3, Scroll

OKX Ventures' investment in pioneering projects, such as Scroll , StarkWare , zkSync and Taiko , and its dedication to supporting its partners and builders in the Web3 space.

Key Points: 
  • OKX Ventures' investment in pioneering projects, such as Scroll , StarkWare , zkSync and Taiko , and its dedication to supporting its partners and builders in the Web3 space.
  • OKX Ventures' goal of amplifying the voices of builders and bringing more Ethereum voices and Gitcoin's spirit to the Asian market.
  • OKX Ventures Partner Jeff Ren said: "The digital financial product market and the carbon market share many similarities.
  • The conference was a testament to OKX Ventures' commitment to bringing global perspectives and Web3 ecosystem partnerships to the next level.

Stablecoin Rating Platform Bluechip Launches to Provide Transparency into Stablecoin Safety & Risks to All

Retrieved on: 
木曜日, 7月 13, 2023
USD Coin, Gemini Dollar, Tether, Liquidity, USDP, CMC, USDC, Dai (cryptocurrency), George Mason University, StarkWare Industries, USDT, GUSD, Gemini (company), Rating, BUSD, Letter, UST, Cryptocurrency, Blue chip

WASHINGTON, July 13, 2023 /PRNewswire-PRWeb/ -- Bluechip, a nonprofit organization dedicated to evaluating stablecoin safety, launched today to provide unbiased ratings of top stablecoins so that anyone, regardless of their technical expertise, can easily understand which stablecoins are likely to be safer.

Key Points: 
  • Notable advisors are renowned economists Tyler Cowen , Robin Hanson , Alex Tabarrok and Lawrence H. White , as well as Ameen Soleimani and Nic Carter .
  • The full three-person team is CEO Benjamin Levit , Chief Economist Garett Jones and Ratings Director Vaidya Pallasena .
  • Bluechip's stablecoin ratings are built on the SMIDGE rating framework, designed by the three founders.
  • Externals is SMIDGE's room to grow: Bluechip hopes that sophisticated futures and betting markets will develop to offer information about the risks of particular stablecoins.

Giza Raises $3M Pre-Seed Led by CoinFund to Bring Artificial Intelligence to Web3 Smart Contracts

Retrieved on: 
火曜日, 7月 11, 2023
Professional Services, Security, Technology, Web3, Software, Finance, Artificial Intelligence, Lightning, UX, Artificial intelligence, AI, Risk assessment, ML, StarkWare Industries, Machine learning, Cryptocurrency

Current web3 infrastructure, such as smart contracts, are fundamentally static and disconnected from real world context, exposing web3 users to various inefficiencies, UX hurdles and vulnerabilities.

Key Points: 
  • Current web3 infrastructure, such as smart contracts, are fundamentally static and disconnected from real world context, exposing web3 users to various inefficiencies, UX hurdles and vulnerabilities.
  • By providing trustless inference access to web3 applications, ML models served on Giza’s platform will provide smart contracts with the ability to classify, contextualise and adapt.
  • “Smart contracts are not as smart as their name would suggest,” said Francisco Algaba, CEO of Giza.
  • Giza is on a mission to unlock the capabilities of machine learning for web3 smart contracts and protocols leveraging collective and open development.

EDCON2023 Closes on a High Note, Celebrating with the Montenegrin and Global Ethereum Community

Retrieved on: 
水曜日, 6月 7, 2023
Knowledge, Volunteering, ZK, Network, Privacy, StarkWare Industries, Entrepreneurship, Conference, Vitalik Buterin, Cryptocurrency, Ethereum

Vitalik Buterin, Co-Founder of Ethereum, mapped a future for Ethereum based on issues of immediate primacy.

Key Points: 
  • Vitalik Buterin, Co-Founder of Ethereum, mapped a future for Ethereum based on issues of immediate primacy.
  • For Ethereum, scalability is getting addressed by L2 solutions, though a lack of interoperability remains.
  • ETH Montenegro, initiated by the ambassador group of UETH (De University of Ethereum), presented on stage and also contributed as volunteers during the event.
  • Looking ahead, EDCON will take place in Japan in 2024, aiming to ignite the local community with the same enthusiasm and inspiration that characterized the past EDCON in Montenegro.

Fordefi and StarkWare Announce Integration Unlocking Institutional Access to StarkEx dApps

Retrieved on: 
火曜日, 4月 4, 2023
Dapp, StarkWare Industries, Security, Entrepreneurship, Decentralized finance, MPC, Safety, Risk, Cryptocurrency

NETANYA, Israel and NEW YORK, April 4, 2023 /PRNewswire/ -- Fordefi, a financial technology and software company, alongside blockchain scaling company StarkWare Industries, today announced an integration bringing MPC support to StarkEx dApps for the first time. The new integration enables institutions to sign transactions on StarkEx dApps with Fordefi's Wallet API adjusted to STARK signatures, without running the risk of improperly storing or exposing the private key.

Key Points: 
  • The new integration enables institutions to sign transactions on StarkEx dApps with Fordefi's Wallet API adjusted to STARK signatures, without running the risk of improperly storing or exposing the private key.
  • This integration between Fordefi and Starkware Industries will enhance the access of institutions to StarkEx dApps, enabling end users to benefit from a secure MPC wallet solution.
  • "The new tools we're delivering will help a new wave of institutions to transact on StarkEx dApps," said Dima Kogan, Co-Founder and Chief Technology Officer at Fordefi.
  • We are excited about this collaboration with Fordefi and the expected boost to institutional use of StarkEx."