Binance

Polygon Taps SIMBA Chain for Upcoming Blockchain Technology Business Initiatives

Retrieved on: 
Thursday, March 17, 2022

SIMBA Chain, Inc. , a chain-agnostic API development platform providing pathways to blockchain technology for cloud-based technology companies, has announced that it will integrate with Polygon , the leading platform for Ethereum scaling and infrastructure development, in efforts to further enhance blockchain technology adoption and innovation.

Key Points: 
  • SIMBA Chain, Inc. , a chain-agnostic API development platform providing pathways to blockchain technology for cloud-based technology companies, has announced that it will integrate with Polygon , the leading platform for Ethereum scaling and infrastructure development, in efforts to further enhance blockchain technology adoption and innovation.
  • View the full release here: https://www.businesswire.com/news/home/20220316005007/en/
    To date, SIMBA Chain and Polygon have independently served as technology platforms enabling scalable blockchain connectivity among centralized and decentralized entities.
  • The integration will allow both SIMBA Chain and Polygon to continue lowering the entry barriers of decentralized app development to non-crypto users and opening doors for more businesses to engage in blockchain technology infrastructure.
  • SIMBA Chain, is the chain-agnostic Application Programming Interface (API) development platform providing pathways to blockchain technology for cloud-based technology and native blockchain technology companies.

Adjust and Apptopia Research Reveals 902% Growth in Crypto Apps in Q4 2021

Retrieved on: 
Thursday, March 17, 2022

SAN FRANCISCO, March 17, 2022 /PRNewswire/ -- Mobile marketing analytics platform Adjust and app intelligence provider Apptopia today released its Fintech Deep Dive: Digital Currencies 2022 Playbook, a look at the key drivers of cryptocurrency app adoption in 2021. The report reveals that global crypto app growth skyrocketed 902% year-over-year in the fourth quarter of 2021, with standout markets by growth rates being the U.S. (645%), APAC (475%), EMEA (284%) and LATAM (182%).

Key Points: 
  • The report reveals that global crypto app growth skyrocketed 902% year-over-year in the fourth quarter of 2021, with standout markets by growth rates being the U.S. (645%), APAC (475%), EMEA (284%) and LATAM (182%).
  • Adjust and Apptopia's Digital Currencies playbook outlines how crypto exchange apps have performed, as well as trends in user engagement of crypto apps compared to stock trading apps.
  • Crypto apps saw massive user growth globally in 2021 as app installs surged past 400% YoY.
  • Crypto apps outperformed stock trading apps on user engagement metrics such as session lengths, sessions per user per day, retention rates, and stickiness, indicating an engaged and high-retention user base for crypto apps.

Adjust and Apptopia Research Reveals 902% Growth in Crypto Apps in Q4 2021

Retrieved on: 
Thursday, March 17, 2022

SAN FRANCISCO, March 17, 2022 /PRNewswire/ -- Mobile marketing analytics platform Adjust and app intelligence provider Apptopia today released its Fintech Deep Dive: Digital Currencies 2022 Playbook, a look at the key drivers of cryptocurrency app adoption in 2021. The report reveals that global crypto app growth skyrocketed 902% year-over-year in the fourth quarter of 2021, with standout markets by growth rates being the U.S. (645%), APAC (475%), EMEA (284%) and LATAM (182%).

Key Points: 
  • The report reveals that global crypto app growth skyrocketed 902% year-over-year in the fourth quarter of 2021, with standout markets by growth rates being the U.S. (645%), APAC (475%), EMEA (284%) and LATAM (182%).
  • Adjust and Apptopia's Digital Currencies playbook outlines how crypto exchange apps have performed, as well as trends in user engagement of crypto apps compared to stock trading apps.
  • Crypto apps saw massive user growth globally in 2021 as app installs surged past 400% YoY.
  • Crypto apps outperformed stock trading apps on user engagement metrics such as session lengths, sessions per user per day, retention rates, and stickiness, indicating an engaged and high-retention user base for crypto apps.

EQONEX Appoints New CEO as part of its Strategic Partnership with Bifinity

Retrieved on: 
Thursday, March 17, 2022

SINGAPORE, March 17, 2022 /PRNewswire/ -- EQONEX Limited (NASDAQ: EQOS) ("EQONEX" or the "Company"), a digital assets financial services company, and Bifinity UAB ("Bifinity"), a payments technology company that is part of Binance, took the next step in solidifying their strategic partnership with the appointment of  EQONEX's new CEO and two new members to the EQONEX Board of Directors (the "Board").

Key Points: 
  • Jonathan Farnell, who previously served as Head of Binance UK and CEO of Bifinity, has been appointed as CEO of EQONEX and a director on the Board.
  • The current interim CEO Andrew Eldon will revert back to his primary roles of Chief Operating Officer and interim Chief Marketing Officer.
  • Under the terms of the strategic partnership announced last week, Bifinity had the right to nominate key appointments, including the CEO and two new Board members.
  • Their appointments mark the next critical step in developing the Bifinity and EQONEX strategic partnership.

VIVA TECHNOLOGY IS BACK 15-18 JUNE 2022 IN PARIS AND ONLINE

Retrieved on: 
Wednesday, March 16, 2022

PARIS, March 16, 2022 /PRNewswire/ -- Viva Technology, Europe's number one startup and tech event, unveils the first elements of the program for its sixth edition in a hybrid format.

Key Points: 
  • PARIS, March 16, 2022 /PRNewswire/ -- Viva Technology, Europe's number one startup and tech event, unveils the first elements of the program for its sixth edition in a hybrid format.
  • Six major themes have been chosen:
    VivaTech will focus on innovations related to the fight against global warming and the energy transition.
  • Tomorrow's mobility is a key theme at Vivatech 2022.
  • In this respect, VivaTech is launching a Girls in Tech program aiming to bring more than 3,000 school girls to discover the world of digital technology.

VIVA TECHNOLOGY IS BACK 15-18 JUNE 2022 IN PARIS AND ONLINE

Retrieved on: 
Wednesday, March 16, 2022

PARIS, March 16, 2022 /PRNewswire/ -- Viva Technology, Europe's number one startup and tech event, unveils the first elements of the program for its sixth edition in a hybrid format.

Key Points: 
  • PARIS, March 16, 2022 /PRNewswire/ -- Viva Technology, Europe's number one startup and tech event, unveils the first elements of the program for its sixth edition in a hybrid format.
  • Six major themes have been chosen:
    VivaTech will focus on innovations related to the fight against global warming and the energy transition.
  • Tomorrow's mobility is a key theme at Vivatech 2022.
  • In this respect, VivaTech is launching a Girls in Tech program aiming to bring more than 3,000 school girls to discover the world of digital technology.

BINANCE AWARDED SPECIALIST LICENSE BY DUBAI'S VIRTUAL ASSET REGULATORY AUTHORITY

Retrieved on: 
Wednesday, March 16, 2022

DUBAI, UAE, March 16, 2022 /PRNewswire/ --Binance today announced that it has been granted a Virtual Asset License to enable it to operate within Dubai's 'test-adapt-scale' virtual asset market model as a base for expansion into the region.

Key Points: 
  • DUBAI, UAE, March 16, 2022 /PRNewswire/ --Binance today announced that it has been granted a Virtual Asset License to enable it to operate within Dubai's 'test-adapt-scale' virtual asset market model as a base for expansion into the region.
  • Under the Virtual Asset Regulatory Authority (VARA) initial regulatory phase, which includes rigorous regulatory oversight and mandatory FATF compliance controls, Binance will be permitted to extend limited exchange products and services to pre-qualified investors and professional financial service providers.
  • "Binance is appreciative of being awarded this license in such a progressive regime, targeting uncompromised governance and market security.
  • The VARA issued Virtual Asset Exchange License ensures Binance will be able to operate its regional business from Dubai in the newly announced regulatory ecosystem that is subject to comprehensive legislation and internationally applicable policy frameworks.

Wombat Exchange Raises $5.25M in Series A Funding

Retrieved on: 
Wednesday, March 16, 2022

HONG KONG, March 16, 2022 /PRNewswire/ --Wombat Exchange, a hyper-efficient multichain stableswap backed by Binance, has successfully closed a $5.25 million Series A funding round led by Animoca Brands and Hailstone Ventures.

Key Points: 
  • HONG KONG, March 16, 2022 /PRNewswire/ --Wombat Exchange, a hyper-efficient multichain stableswap backed by Binance, has successfully closed a $5.25 million Series A funding round led by Animoca Brands and Hailstone Ventures.
  • Additional investors in the round included BNB Chain, TPS Capital, GSR, Zokyo, Lunar Station, Eureka Trading, Silverstone, Unanimous Capital, and CryptoWesearch.
  • With this latest round of funding, Wombat's valuation has increased to $70 million since its seed round investment led by Binance Labs in November 2021.
  • "Wombat Exchange has put together a solid and experienced team to develop a stableswap that has the potential to significantly advance the growth of DeFi.

BINANCE AWARDED SPECIALIST LICENSE BY DUBAI'S VIRTUAL ASSET REGULATORY AUTHORITY

Retrieved on: 
Wednesday, March 16, 2022

DUBAI, UAE, March 16, 2022 /PRNewswire/ -- Binance today announced that it has been granted a Virtual Asset License to enable it to operate within Dubai's 'test-adapt-scale' virtual asset market model as a base for expansion into the region. Under the Virtual Asset Regulatory Authority (VARA) initial regulatory phase, which includes rigorous regulatory oversight and mandatory FATF compliance controls, Binance will be permitted to extend limited exchange products and services to pre-qualified investors and professional financial service providers. All licensed VARA service providers will be monitored progressively to open access to the retail market. In addition to its exchange operations, Binance will anchor a blockchain technology hub in the Dubai World Trade Centre, to seed new talent and build a vibrant blockchain ecosystem. 

Key Points: 
  • DUBAI, UAE, March 16, 2022 /PRNewswire/ --Binance today announced that it has been granted a Virtual Asset License to enable it to operate within Dubai's 'test-adapt-scale' virtual asset market model as a base for expansion into the region.
  • Under the Virtual Asset Regulatory Authority (VARA) initial regulatory phase, which includes rigorous regulatory oversight and mandatory FATF compliance controls, Binance will be permitted to extend limited exchange products and services to pre-qualified investors and professional financial service providers.
  • "Binance is appreciative of being awarded this license in such a progressive regime, targeting uncompromised governance and market security.
  • The VARA issued Virtual Asset Exchange License ensures Binance will be able to operate its regional business from Dubai in the newly announced regulatory ecosystem that is subject to comprehensive legislation and internationally applicable policy frameworks.

DGAP-News: Treehouse Raises US$18 Million to Establish a Standard for DeFi Analytics

Retrieved on: 
Wednesday, March 16, 2022

Treehouse's ecosystem of products will empower and shape the way participants interact with the DeFi economy.

Key Points: 
  • Treehouse's ecosystem of products will empower and shape the way participants interact with the DeFi economy.
  • We believe in backing builders who have the grit to challenge the status quo and launch differentiated and innovative products in DeFi."
  • The analytics platform provides information previously unavailable in DeFi and establishes a standard for users to analyze the DeFi risks associated with their current and historical positions.
  • This funding round will enable us to execute on our vision to help users confidently navigate DeFi," said Brandon Goh, CEO of Treehouse.