Solana

The Quantum Resistance Corporation and RedSense Announce Partnership; Begin Program to Help Digital Currencies Manage the Rapidly Growing Risk of Post-Quantum Cryptography

Retrieved on: 
Wednesday, April 12, 2023

ZUG, Switzerland, April 12, 2023 /PRNewswire/ -- The Quantum Resistance Corporation (QRC), post-quantum security experts, today announced a strategic partnership with RedSense, a leading threat intelligence and cybersecurity firm.

Key Points: 
  • ZUG, Switzerland, April 12, 2023 /PRNewswire/ -- The Quantum Resistance Corporation (QRC), post-quantum security experts, today announced a strategic partnership with RedSense, a leading threat intelligence and cybersecurity firm.
  • In particular, this partnership will result in a unique security program and market offering that leverages the combined expertise of RedSense and the QRC to help cryptocurrencies respond to the rapidly advancing threat of quantum computing.
  • "RedSense and the QRC are building a program that we will extend to the market to help secure all digital currency projects and reduce attacks."
  • In 2022, more than $3.8 billion worth of digital coins were stolen from digital asset holders, according to Chainalysis .

LayerZero Labs Closes $120 Million Series B Funding Round, Raising Its Valuation to $3 Billion

Retrieved on: 
Tuesday, April 4, 2023

NEW YORK, April 4, 2023 /PRNewswire/ -- LayerZero Labs, the team behind the leading messaging protocol LayerZero, today announced the closing of a $120 million Series B funding round, valuing the company at $3 billion.

Key Points: 
  • NEW YORK, April 4, 2023 /PRNewswire/ -- LayerZero Labs, the team behind the leading messaging protocol LayerZero, today announced the closing of a $120 million Series B funding round, valuing the company at $3 billion.
  • LayerZero is a messaging protocol that allows for interoperability and facilitates seamless cross-chain messaging across countless blockchains.
  • By leveraging LayerZero, developers can create projects that exist across multiple blockchains without the need for an intermediary to facilitate cross-chain interactions.
  • We are excited to work alongside them and our community to scale the LayerZero protocol and connect all blockchains everywhere."

PsyFi acquires yield generation protocol Katana for undisclosed sum

Retrieved on: 
Tuesday, April 4, 2023

SOLANA BEACH, Calif., April 4, 2023 /PRNewswire/ -- PsyFi, a decentralized provider of best-in-class financial tools and products on the Solana blockchain, announced today it has acquired the yield generation protocol Katana for an undisclosed sum.

Key Points: 
  • SOLANA BEACH, Calif., April 4, 2023 /PRNewswire/ -- PsyFi , a decentralized provider of best-in-class financial tools and products on the Solana blockchain, announced today it has acquired the yield generation protocol Katana for an undisclosed sum.
  • The acquisition of Katana will solidify PsyFi as the premier provider of structured financial products on Solana.
  • The strategic acquisition of Katana will solidify PsyFi's position as the premier provider of structured financial products on Solana.
  • Under the agreement, PsyFi will acquire all of the Katana protocol's IP, expanding its roster of top-class yield offerings for users.

Injective Launches First-Ever Solana Rollup for Cosmos with Eclipse

Retrieved on: 
Thursday, March 30, 2023

Injective, the blockchain built for decentralized finance applications, today announced the first-ever Solana rollup launch for Cosmos, powered by Eclipse.

Key Points: 
  • Injective, the blockchain built for decentralized finance applications, today announced the first-ever Solana rollup launch for Cosmos, powered by Eclipse.
  • The integration will bring the Solana development environment to the broader Cosmos ecosystem, further increasing growth and user adoption within the two ecosystems.
  • Eclipse, a customizable rollup provider, worked alongside Injective to deploy the first-ever Solana Sealevel Virtual Machine (SVM) within the Cosmos ecosystem.
  • Now its new SVM rollup will enable Solana smart contracts to be seamlessly deployed within the Cosmos universe, paving the path towards Solana applications to interact directly with IBC.

The New Era of Paychecks: Spend Crypto Anywhere with Zebec Card and Get Paid in Real Time with Zebec Pay

Retrieved on: 
Thursday, March 30, 2023

Zebec, a pioneer in streaming finance, announced today the launch of its new Zebec payment card in the participating countries.

Key Points: 
  • Zebec, a pioneer in streaming finance, announced today the launch of its new Zebec payment card in the participating countries.
  • * Zebec Card users can now easily convert their cryptocurrency payroll and savings into everyday purchases in fiat currencies.
  • Users of the Zebec Card and holders of Zebec’s native utility token can earn up to 7 percent in rewards .
  • Zebec Card is the world’s first card connected to a real-time payroll engine, allowing those enrolled in Zebec Pay to spend their crypto pay, as it’s earned – by the second.

Bitget Invests $30M In Multi-Chain Wallet BitKeep Valued At $300M, Becoming Its Controlling Stakeholder

Retrieved on: 
Tuesday, March 28, 2023

VICTORIA, SEYCHELLES, March 28, 2023 (GLOBE NEWSWIRE) -- Bitget , the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet, becoming its controlling stakeholder.

Key Points: 
  • VICTORIA, SEYCHELLES, March 28, 2023 (GLOBE NEWSWIRE) -- Bitget , the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet, becoming its controlling stakeholder.
  • The investment involves the merger of BitKeep Wallet with Bitget’s business domain, significantly bolstering its existing user base and product offering.
  • As part of the deal, Bitget has invested $30 million in BitKeep, increasing its shareholding and becoming the controlling stakeholder of the company evaluated at $300 million during its previous funding round.
  • “This move is a win-win choice for Bitget and BitKeep and facilitates collaborative efforts in the decentralized space and beyond.

Solanaland Announces the Pre-sale of $SLAND Token on PinkSale

Retrieved on: 
Saturday, March 25, 2023

As Solana continues to dominate the DeFi space with its fast transaction speeds and low fees, Solanaland brings everything users to love about pinksale to the Solana network.

Key Points: 
  • As Solana continues to dominate the DeFi space with its fast transaction speeds and low fees, Solanaland brings everything users to love about pinksale to the Solana network.
  • "We're thrilled to be soon launching our utility token on Pink Sale," said a spokesperson for Solanaland.
  • "We're creating an all-in-one ecosystem for Solana token launches, and we believe our platform will enable users to unlock the potential of low-cap tokens.
  • Solanaland's $SLAND token is the utility token of the ecosystem, and users will need it to pay for service fees such as token minting, running an airdrop, and creating a launchpad.

Cega fundraising tops $9.3M in total to accelerate DeFi exotic structured products on-chain

Retrieved on: 
Monday, March 27, 2023

Cega is the first protocol to create exotic options structured products on-chain and has been a leading provider of DeFi crypto structured products since its launch in June 2022.

Key Points: 
  • Cega is the first protocol to create exotic options structured products on-chain and has been a leading provider of DeFi crypto structured products since its launch in June 2022.
  • This recent fundraising was conducted to accelerate the expansion of Cega’s product catalog, develop new DeFi innovative primitives, and create a trading team for exotic derivative specialists.
  • “The team is excited to create never before seen products in DeFi that are high performing and offer users strong risk-adjusted yield.
  • This expertise will allow for the development of exotic structured products that generate high yields with built-in downside protection for investors.

BetDEX Exchange set to add Cricket Markets ahead of IPL 2023

Retrieved on: 
Monday, March 27, 2023

EDINBURGH, Scotland, March 27, 2023 /PRNewswire/ -- BetDEX Labs Inc. (or "BetDEX") today announced that the BetDEX Exchange will be introducing cricket markets to the platform this week. The first fully-licensed sports betting exchange built on the blockchain will accept bets on Indian Premier League ("IPL") matches to coincide with the first matches of the forthcoming 2023 season. Cricket joins soccer and basketball markets currently available on the Exchange.

Key Points: 
  • EDINBURGH, Scotland, March 27, 2023 /PRNewswire/ -- BetDEX Labs Inc. (or "BetDEX") today announced that the BetDEX Exchange will be introducing cricket markets to the platform this week.
  • Cricket joins soccer and basketball markets currently available on the Exchange.
  • Varun Sudhakar, CEO and Co-Founder of BetDEX, commented on today's news: "The addition of IPL on the BetDEX Exchange is an exciting milestone and a celebration of the ongoing expansion of our betting markets.
  • The BetDEX Exchange became the first fully licensed sports betting exchange on blockchain after gaining licensing from the Isle of Man in October 2022.

BetDEX Exchange set to add Cricket Markets ahead of IPL 2023

Retrieved on: 
Monday, March 27, 2023

EDINBURGH, Scotland, March 27, 2023 /PRNewswire/ -- BetDEX Labs Inc. (or "BetDEX") today announced that the BetDEX Exchange will be introducing cricket markets to the platform this week. The first fully-licensed sports betting exchange built on the blockchain will accept bets on Indian Premier League ("IPL") matches to coincide with the first matches of the forthcoming 2023 season. Cricket joins soccer and basketball markets currently available on the Exchange.

Key Points: 
  • EDINBURGH, Scotland, March 27, 2023 /PRNewswire/ -- BetDEX Labs Inc. (or "BetDEX") today announced that the BetDEX Exchange will be introducing cricket markets to the platform this week.
  • Cricket joins soccer and basketball markets currently available on the Exchange.
  • Varun Sudhakar, CEO and Co-Founder of BetDEX, commented on today's news: "The addition of IPL on the BetDEX Exchange is an exciting milestone and a celebration of the ongoing expansion of our betting markets.
  • The BetDEX Exchange became the first fully licensed sports betting exchange on blockchain after gaining licensing from the Isle of Man in October 2022.