Coinbase

ARPA Network Announces Launch of Randcast on Coinbase's Base: Propelling Multi-Ecosystem Advancement in On-Chain Gaming and Autonomous Worlds

Retrieved on: 
Thursday, November 30, 2023

SINGAPORE, Nov. 30, 2023 /PRNewswire/ -- ARPA Network , a leading permissionless, decentralized, secure computation network has announced that its signature product, Randcast, is now available on Base.

Key Points: 
  • SINGAPORE, Nov. 30, 2023 /PRNewswire/ -- ARPA Network , a leading permissionless, decentralized, secure computation network has announced that its signature product, Randcast, is now available on Base.
  • Offered by Coinbase, Base is a secure, low-cost Ethereum Layer 2 (L2) network for building decentralized apps (DApps).
  • Randcast offers a solid foundation of reliability by leveraging multiple nodes within the ARPA Network to generate randomness through BLS Threshold signature tasks.
  • Meanwhile, to better cultivate the developer community, the firm is also contemplating a bug bounty set to launch by the end of 2023.

Magnetic 3D Attracts Investment from Tech Visionary Tim Draper of Draper Associates

Retrieved on: 
Wednesday, November 29, 2023

NEW YORK, Nov. 29, 2023 /PRNewswire-PRWeb/ -- Magnetic 3D, a leading innovator in producing "Holographic" Glasses-Free 3D displays and immersive media solutions, is pleased to announce a Seed investment from Tim Draper and Draper Associates, a global venture capital firm investing in industry-transforming companies.

Key Points: 
  • Tim Draper joins Magnetic 3D as the company gears up for growth in immersive "holographic" media solutions that do not require 3D glasses or VR headsets.
  • NEW YORK, Nov. 29, 2023 /PRNewswire-PRWeb/ -- Magnetic 3D , a leading innovator in producing "Holographic" Glasses-Free 3D displays and immersive media solutions, is pleased to announce a Seed investment from Tim Draper and Draper Associates , a global venture capital firm investing in industry-transforming companies.
  • We're honored Tim Draper will join us on our mission to make 3D, XR, and the Metaverse more accessible without wearing 3D glasses or VR headsets.
  • Magnetic 3D believes 3D glasses and VR headsets must become optional for rich 3D experiences to become practical for mass adoption.

Alchemy Pay Secures Money Services License in Iowa and Expands Its Nationwide Licensing Efforts in the USA

Retrieved on: 
Thursday, November 23, 2023

The achievement of this license for the second time underscores Alchemy Pay's capabilities and represents a significant stride in its global market expansion efforts.

Key Points: 
  • The achievement of this license for the second time underscores Alchemy Pay's capabilities and represents a significant stride in its global market expansion efforts.
  • The recently obtained license is now officially recorded in the Nationwide Multistate Licensing System (NMLS) .
  • Alchemy Pay has now successfully achieved licensing achievements in the United States, Lithuania, Indonesia, and Canada, spanning across four continents.
  • Through dedicated efforts, Alchemy Pay is actively advancing its license applications in the UK and Hong Kong.

Defy.vc Welcomes Medha Agarwal as General Partner and Amy Yin as Venture Partner

Retrieved on: 
Monday, November 20, 2023

WOODSIDE, Calif., Nov. 20, 2023 /PRNewswire/ -- Defy.vc, a leading early-stage venture capital firm, is thrilled to announce two significant additions to its team. Medha Agarwal has joined as a General Partner, and Amy Yin has assumed the role of Venture Partner. This strategic expansion comes as Defy.vc remains steadfastly committed to backing extraordinary early-stage founders from its recently established $300M Fund III, unveiled earlier this year.

Key Points: 
  • Medha Agarwal has joined as a General Partner, and Amy Yin has assumed the role of Venture Partner.
  • Medha Agarwal brings a wealth of experience to her role as a former operator turned investor.
  • Prior to joining Defy.vc, Medha was a Partner at Redpoint Ventures where she led investments in companies including Whatnot, Tend, Proper Finance and more.
  • Amy Yin, Defy.vc's newest Venture Partner, significantly bolsters the investment team.

XREX Singapore Receives MAS Major Payment Institution Licence In-principle Approval

Retrieved on: 
Friday, November 17, 2023

SINGAPORE, Nov. 16, 2023 /PRNewswire/ -- XREX , a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that its Singapore entity has obtained in-principle approval for a Major Payments Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator.

Key Points: 
  • SINGAPORE, Nov. 16, 2023 /PRNewswire/ -- XREX , a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that its Singapore entity has obtained in-principle approval for a Major Payments Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator.
  • This is great for Singapore and great for our industry as a whole," said XREX Singapore CEO, Christopher Chye.
  • The MPI licence will allow XREX Singapore to expand XREX's crypto-friendly escrow payment tool – BitCheck – to support fiat, stablecoins, and cryptocurrencies.
  • XREX Singapore's in-principle approval encompasses a total of six payment services, namely:
    ii) Domestic money transfer service;
    iii) Cross-border money transfer service;
    vi) Digital payment token service.

XREX Singapore Receives MAS Major Payment Institution Licence In-principle Approval

Retrieved on: 
Friday, November 17, 2023

SINGAPORE, Nov. 17, 2023 /PRNewswire/ -- XREX , a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that its Singapore entity has obtained in-principle approval for a Major Payments Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator.

Key Points: 
  • SINGAPORE, Nov. 17, 2023 /PRNewswire/ -- XREX , a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that its Singapore entity has obtained in-principle approval for a Major Payments Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator.
  • This is great for Singapore and great for our industry as a whole," said XREX Singapore CEO, Christopher Chye.
  • The MPI licence will allow XREX Singapore to expand XREX's crypto-friendly escrow payment tool – BitCheck – to support fiat, stablecoins, and cryptocurrencies.
  • XREX Singapore's in-principle approval encompasses a total of six payment services, namely:
    ii) Domestic money transfer service;
    iii) Cross-border money transfer service;
    vi) Digital payment token service.

Uniblock Raises a $2.3M Funding Round

Retrieved on: 
Wednesday, November 15, 2023

SAN FRANCISCO, Nov. 15, 2023 /PRNewswire/ -- Uniblock, a San Francisco and Toronto-based startup that's transforming how developers build on the blockchain through its pioneering Unified Web3 API platform, is thrilled to announce a funding round of $2.3 million. The round includes participation from Cadenza, Blockchain Founders Fund, Side Door Ventures, AQN, Serafund, Outsider Ventures, and others.

Key Points: 
  • The round includes participation from Cadenza, Blockchain Founders Fund, Side Door Ventures, AQN, Serafund, Outsider Ventures, and others.
  • Uniblock's goal is to be the default developer platform that companies use when building for the blockchain.
  • Uniblock aims to unify this scattered market by connecting the best blockchain tools such as Alchemy, thirdweb, Moralis, Parsiq, Covalent, QuickNode and many more, into one easy-to-use platform.
  • Uniblock envisions a future where every company can easily build for the blockchain and maintain their product using a singular platform.

Lightspeed Faction Launches $285 Million Venture Fund for Blockchain Startups

Retrieved on: 
Thursday, November 9, 2023

MENLO PARK, Calif., Nov. 9, 2023 /PRNewswire/ -- Lightspeed Faction, a leading blockchain-focused venture capital firm, today announced the launch of its inaugural $285 million venture fund. Faction will primarily invest in early stage blockchain projects and serve as a long-term capital partner as these projects scale. In addition to providing capital, the fund will serve as a seasoned resource to blockchain entrepreneurs on a range of topics from tokenomics to business scaling.

Key Points: 
  • MENLO PARK, Calif., Nov. 9, 2023 /PRNewswire/ -- Lightspeed Faction, a leading blockchain-focused venture capital firm, today announced the launch of its inaugural $285 million venture fund.
  • Faction will primarily invest in early stage blockchain projects and serve as a long-term capital partner as these projects scale.
  • Faction offers founders access to a team of experienced blockchain investors and operators, servicing the industry at a time when many have fled.
  • Lightspeed Faction is a joint venture with Lightspeed Venture Partners, and as a result, combines Faction's crypto-only approach with Lightspeed's deep Silicon Valley roots and platform business scaling resources.

HTX Takes Center Stage at Australian Crypto Convention 2023, Highlighting Virtual Digital Sun

Retrieved on: 
Thursday, December 14, 2023

HTX Takes Center Stage at Australian Crypto Convention 2023, Highlighting Virtual Digital Sun

Key Points: 
  • HTX Takes Center Stage at Australian Crypto Convention 2023, Highlighting Virtual Digital Sun
    The issuer is solely responsible for the content of this announcement.
  • On November 11 and 12, 2023, HTX participated in the Australian Crypto Convention 2023.
  • As a top cryptocurrency exchange platform, HTX has consistently taken the center stage at global cryptocurrency events to expand its international influence.
  • The Australian Crypto Convention 2023, one of the most prestigious crypto events, featured 250 industry leaders as speakers discussing the prospects of cryptocurrencies with around 15,000 attendees.

Proof of Stake Alliance Announces Updated Staking Principles with Support from 18 Industry Leaders Including Ava Labs, Alluvial, Coinbase, Lido Protocol, Paradigm, and Polychain

Retrieved on: 
Thursday, November 9, 2023

The POSA staking principles ensure consumer protection and responsible innovation remain paramount as PoS networks and the ecosystems supporting them continue to grow.

Key Points: 
  • The POSA staking principles ensure consumer protection and responsible innovation remain paramount as PoS networks and the ecosystems supporting them continue to grow.
  • The release of these updated Industry-Wide Staking Principles follow the original set of principles published in 2020 after POSA met with the SEC.
  • In brief, the updated principles include:
    Clear communication from service providers to ensure users have all the information necessary to make informed decisions.
  • “The updated POSA principles underscore the ecosystem's commitment to clarity and responsibility, especially in a time of increased scrutiny and misconceptions.