🚀 Merlin Chain Partners With BitcoinOS To Enhance Cross-Chain Security
#MerlinChain #BitcoinOS #CrossChainSecurity #Bitcoin #ZKTechnology #SmartContracts #BlockchainInnovation #CryptoPartnership #OnChainAssets #ZeroKnowledgeProof
According to Odaily, Bitcoin's layer-2 network Merlin Chain has announced a strategic partnership with Bitcoin smart contract operating system BitcoinOS. This collaboration will leverage BitcoinOS's innovative BitSNARK technology to provide a more secure cross-chain solution, safeguarding over $2.5 billion in on-chain assets.
BitcoinOS, which showcased zero-knowledge proof technology at the Bitcoin Nashville Conference in July 2024, offers one of the most advanced solutions for cross-chain Bitcoin asset transactions. By integrating BitcoinOS, Merlin Chain aims to implement cross-chain solutions without relying on multi-signature or MPC, significantly enhancing the security and efficiency of cross-chain transactions.
This partnership sets a new standard for technological security within the Bitcoin ecosystem and marks a critical milestone in Merlin Chain's 2024 technology roadmap. Merlin Chain will continue to encourage native innovation and remain at the forefront of zero-knowledge (ZK) research, dedicated to creating a secure, transparent, and decentralized on-chain environment for users and the Bitcoin ecosystem.#MerlinChain #BitcoinOS #CrossChainSecurity #Bitcoin #ZKTechnology #SmartContracts #BlockchainInnovation #CryptoPartnership #OnChainAssets #ZeroKnowledgeProof
🚀 Ozean Blockchain Partners With MetaDEX Velodrome
#Ozean #MetaDEX #Velodrome #blockchain #realworldassets #DEX #decentralizedexchange #cryptocurrency #liquidity #OptimismSuperchain
According to Odaily, Ozean, a blockchain for real-world asset (RWA) yields launched by Clearpool, has announced a strategic partnership with MetaDEX Velodrome. Under the agreement, Velodrome will expand as the anchor decentralized exchange (DEX) on the Ozean blockchain. Velodrome is known for its low fees, robust trading infrastructure, user-friendly interface, and liquidity incentive mechanisms, serving as the central liquidity hub for the Optimism Superchain.#Ozean #MetaDEX #Velodrome #blockchain #realworldassets #DEX #decentralizedexchange #cryptocurrency #liquidity #OptimismSuperchain
🚀 Zada Finance Secures New Funding to Transition to Order Book Model
#ZadaFinance #Funding #OrderBook #DecentralizedExchange #DEX #Scroll #Investment #Layer3 #AccountAbstraction #Liquidity #CrossRollup
According to Odaily, Zada Finance, a cross-rollup order book decentralized exchange (DEX) built on Scroll, has announced the completion of a new round of financing. The investment round saw participation from Cryptia Capital, NovaSeed Ventures, Pulse Capital, Axium Partners, Digitata Capital, and Hivemind Ventures. However, the specific amount of funding and valuation details have not been disclosed.
The newly acquired funds will be utilized to transition Zada Finance from an automated market maker (AMM) DEX to an order book model. Additionally, the company plans to explore Layer 3 solutions and account abstraction to enhance user experience. The primary goal is to aggregate liquidity across different rollups and address fragmentation issues through cross-rollup solutions.#ZadaFinance #Funding #OrderBook #DecentralizedExchange #DEX #Scroll #Investment #Layer3 #AccountAbstraction #Liquidity #CrossRollup
🚀 Aleph Zero Foundation Launches NEON Program to Support Blockchain Integration
#AlephZero #NEONProgram #BlockchainIntegration #PrivacyEnhancingTechnology #BusinessSupport #Innovation
According to Odaily, the Aleph Zero Foundation has announced the launch of its NEON program, a comprehensive initiative aimed at assisting businesses across various industries in leveraging blockchain technology. The program will offer dedicated resources, expert guidance, and easy access to innovative technologies to promote the deeper integration of privacy-enhancing blockchain technology in various business use cases.#AlephZero #NEONProgram #BlockchainIntegration #PrivacyEnhancingTechnology #BusinessSupport #Innovation
🚀 Web3 Operating System Fountain Secures $3.5 Million in Seed Funding
#Web3 #OperatingSystem #Fountain #SeedFunding #Blockchain #DecentralizedSolutions #Investment #VentureCapital #Innovation #UserExperience #DecentralizedApplications #FundingRound #Crypto
According to Foresight News, Web3 operating system Fountain has successfully raised $3.5 million in a seed funding round. The investment was led by Foundation Capital, Caladan, Primal Capital, Druid Ventures, UOB, NGC Ventures, Marin Ventures, and Blockchain Founders Fund. Notable angel investors, including Celo co-founder and president Rene Reinsberg and Anchorage Digital co-founder and CEO Nathan McCauley, also participated in the funding round.
The newly acquired funds are expected to support Fountain's ongoing development and expansion efforts within the Web3 ecosystem. Fountain aims to leverage this financial boost to enhance its platform, which integrates blockchain technology to provide decentralized solutions for users. The involvement of prominent investors and industry leaders underscores the growing interest and confidence in Fountain's potential to innovate within the Web3 space.
This funding round marks a significant milestone for Fountain as it continues to build and refine its Web3 operating system. The company plans to utilize the investment to accelerate its product development, expand its team, and explore new market opportunities. Fountain's vision is to create a seamless and user-friendly interface that bridges the gap between traditional internet applications and decentralized blockchain technologies.
The participation of established venture capital firms and influential angel investors highlights the strategic importance of Fountain's mission. As the Web3 landscape evolves, Fountain is positioned to play a crucial role in shaping the future of decentralized applications and services. The company's commitment to innovation and user-centric design is expected to drive its growth and adoption in the coming years.#Web3 #OperatingSystem #Fountain #SeedFunding #Blockchain #DecentralizedSolutions #Investment #VentureCapital #Innovation #UserExperience #DecentralizedApplications #FundingRound #Crypto
🚀 Dlex Ammalgam Secures $2.5 Million Seed Funding For Growth And Development
#DLEX #Ammalgam #SeedFunding #DecentralizedLending #GrowthDevelopment #LightspeedFaction #FrameworkVentures #Blockchain #Investors
According to Odaily, decentralized lending exchange DLEX Ammalgam has successfully raised $2.5 million in a seed funding round. The round was co-led by Lightspeed Faction and Framework Ventures, with participation from Robot Ventures, Bodhi Ventures, NGC Ventures, DeWhales, Blockchain Founders Fund, and angel investors Kain Warwick, Anton Bukov, Spencer Noon, and Jordi Alexander. The newly acquired funds will be directed towards accelerating the protocol's growth and development, which includes expanding the core talent team and advancing product development.#DLEX #Ammalgam #SeedFunding #DecentralizedLending #GrowthDevelopment #LightspeedFaction #FrameworkVentures #Blockchain #Investors
🚀 Standard Chartered To Offer Cryptocurrency Custody Services In UAE
#StandardChartered #Cryptocurrency #CustodyServices #UAE #Bitcoin #Ethereum #BrevanHoward #DFSA #DIFC
According to Odaily, multinational bank Standard Chartered has announced the launch of cryptocurrency custody services in the United Arab Emirates. The bank will initially support the custody of Bitcoin (BTC) and Ethereum (ETH). This service is being introduced in collaboration with Brevan Howard Digital, the cryptocurrency division of hedge fund Brevan Howard. The custody solution has received approval from the Dubai Financial Services Authority (DFSA), the dedicated financial regulator of the Dubai International Financial Centre (DIFC).#StandardChartered #Cryptocurrency #CustodyServices #UAE #Bitcoin #Ethereum #BrevanHoward #DFSA #DIFC
🚀 🔥 Apollo Partners with State Street to Launch Private Credit ETF 🔥
#Apollo #StateStreet #PrivateCredit #ETF #Investments #RetailInvestors #FinancialMarkets #CreditFunds #AssetManagement #MarketAccess
According to Bloomberg: Apollo Global Management Inc. is making its debut in the exchange-traded fund (ETF) space, collaborating with State Street Corp. to introduce a fund that includes private credit investments. This marks Apollo's first ETF, expanding access to private credit for retail investors.The SPDR SSGA Apollo IG Public & Private Credit ETF was registered by State Street, with a portion dedicated to liquid credit and another managed by Apollo for private credit investments. This collaboration positions Apollo alongside major players like BlackRock and Invesco in making private assets more accessible to individual investors.Apollo CEO Marc Rowan previously announced plans to grow the company's asset origination business, aiming to bring private credit to retail markets. Traditionally, private credit has been available to institutional investors like insurance firms and sovereign wealth funds, but firms are increasingly opening this asset class to a broader audience.The fund is pending regulatory approval.#Apollo #StateStreet #PrivateCredit #ETF #Investments #RetailInvestors #FinancialMarkets #CreditFunds #AssetManagement #MarketAccess
🚀 CoinDesk 20 Index Sees Modest Gains Led By ICP And RNDR
#CoinDesk20 #ICP #RNDR #cryptocurrency #index #gains #market
According to CoinDesk, the CoinDesk 20 Index experienced a slight increase, closing at 1821.63, which is a 0.5% rise (+9.36) from the previous day's close. Out of the 20 assets in the index, twelve showed positive performance. Leading the gains were ICP with a 4.0% increase and RNDR with a 3.5% rise. On the other hand, DOT and APT were the laggards, declining by 1.7% and 1.2%, respectively. The CoinDesk 20 Index is a comprehensive index that is traded across multiple platforms and regions worldwide.#CoinDesk20 #ICP #RNDR #cryptocurrency #index #gains #market
🚀 Phishing Ads Targeting Bitlayer Users Detected on Google
#Phishing #Ads #Bitlayer #Google #Scam #Security #Caution
According to Foresight News, Scam Sniffer has disclosed that phishing advertisements targeting Bitlayer users have been detected on Google search. Users are advised to exercise caution while navigating search results to avoid falling victim to these malicious ads.#Phishing #Ads #Bitlayer #Google #Scam #Security #Caution
🚀 Camino Network Foundation Appoints New Board Member
#CaminoNetwork #NonProfit #Blockchain #BoardMember #Ethereum #VitalikButerin #YessinSchiegg #AssetManagement
According to Odaily, the Camino Network Foundation, a non-profit organization dedicated to advancing the L1 Camino Network, has appointed Yessin Schiegg as a new board member. Schiegg initially served as a director at BlackRock, one of the world's largest asset management firms, before joining the Ethereum Foundation. His extensive experience, including collaboration with Vitalik Buterin on Ethereum, is expected to bring significant expertise to Camino.#CaminoNetwork #NonProfit #Blockchain #BoardMember #Ethereum #VitalikButerin #YessinSchiegg #AssetManagement
🚀 OpenAI Plans To Release 'Strawberry' Model For ChatGPT Service
#OpenAI #Strawberry #ChatGPT #AInews #TechUpdate
According to Odaily, market sources have revealed that OpenAI is planning to release a new model named 'Strawberry' within the next two weeks. This model will be part of its ChatGPT service.#OpenAI #Strawberry #ChatGPT #AInews #TechUpdate
🚀 Bitwise Transfers Bitcoin And Ethereum To Unmarked Addresses
#Bitwise #Bitcoin #Ethereum #CryptoMarket #ETFs #BTC #ETH
According to Odaily, Arkham monitoring has revealed that Bitwise's spot Bitcoin ETF, BITB, transferred 266.82 BTC, valued at approximately $15.24 million, to an unmarked address four hours ago. This transfer originated from a bc1q70 address five hours prior to the transaction.
Additionally, a Nonco-marked address transferred 789.171 ETH, worth around $1.84 million, to Bitwise's spot Ethereum ETF, ETHW. These significant transfers highlight ongoing movements within the cryptocurrency market.#Bitwise #Bitcoin #Ethereum #CryptoMarket #ETFs #BTC #ETH
🚀 Tzero Group Inc. Receives Approval For Digital Asset Securities Custody
#tZERO #DigitalAssets #SecuritiesCustody #Fintech #SEC #FINRA #BrokerDealer #Cryptocurrency
According to BlockBeats, on September 10, fintech company tZERO Group Inc. received approval from U.S. regulators to become a special purpose broker-dealer for digital asset securities custody.
In a statement released on Tuesday, the company announced that the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have granted tZERO the authorization to custody digital assets. This makes tZERO the second company to receive such approval.
Previously, digital asset company Prometheum received similar approval from the SEC last year. Prometheum later obtained approval from FINRA to offer digital asset securities clearing and settlement services through its special purpose broker-dealer license.#tZERO #DigitalAssets #SecuritiesCustody #Fintech #SEC #FINRA #BrokerDealer #Cryptocurrency
🚀 Tether Partners With Valora And Stabila Foundation To Educate Emerging Markets On Stablecoins
#Tether #Valora #StabilaFoundation #stablecoins #emergingmarkets #blockchain #education #adoption
According to Odaily, Tether has announced a collaboration with Valora and the Stabila Foundation to launch a global initiative aimed at educating users in emerging markets about the use cases of stablecoins and promoting blockchain adoption.#Tether #Valora #StabilaFoundation #stablecoins #emergingmarkets #blockchain #education #adoption
🚀 Trader Joe Decentralized Exchange Surpasses $300 Million in Fees
#TraderJoe #DecentralizedExchange #CryptoFees #sJOE #LiquidityProviders
According to Foresight News, decentralized exchange Trader Joe has announced that it has generated over $300 million in fees since its launch. The platform stated that all fees are distributed between liquidity providers and users who participate in fee sharing through sJOE staking.#TraderJoe #DecentralizedExchange #CryptoFees #sJOE #LiquidityProviders
🚀 Jupiter Platform's Future Development Directions Discussed by Co-Founder Meow
#JupiterPlatform #FutureDevelopment #Liquidity #OrderProcedures #MobileSolution #UserEngagement #TokenIntegrity #TokenValue #EcosystemDevelopment
According to Odaily, Jupiter co-founder Meow recently discussed the future development directions of the Jupiter platform in an interview. Key points from the discussion include the following insights:
Jupiter's previous efforts have focused on enhancing liquidity and improving order procedures. These efforts have recently achieved full liquidity and improved data, paving the way for significant upcoming updates. The platform is set to introduce important changes soon.
The mobile solution for Jupiter is still undergoing iterations. The goal is not just to create a mobile application but to integrate community features, including voting and voting notifications. This integration aims to enhance user engagement and participation within the platform.
Meow emphasized that tokens should adhere to three key principles: the integrity of the token, the reflection of its value, and alignment with the overall goals. These principles are crucial for the sustainable development and success of the token ecosystem.#JupiterPlatform #FutureDevelopment #Liquidity #OrderProcedures #MobileSolution #UserEngagement #TokenIntegrity #TokenValue #EcosystemDevelopment
🚀 Analyst Predicts Copper Price Fluctuations Based on Federal Reserve's September Decision
#CopperPrices #FederalReserve #InterestRates #EconomicUncertainty #CommodityMarket #MarketAnalysis #SupplyDemand #Investment #GlobalEconomy #Volatility
According to Odaily, Zhang Weixin, an analyst at CITIC Futures, has outlined potential impacts on copper prices based on the Federal Reserve's actions in September. If the Federal Reserve opts for a 25 basis points (BP) rate cut, it would be seen as a precautionary measure, which could positively influence copper prices. Conversely, a 50 BP rate cut might trigger a sell-off in risk assets. Should the Federal Reserve decide against a rate cut, the unmet expectations could lead to selling pressure, and the continued high interest rates would increase economic uncertainty, negatively affecting copper prices.
Zhang further elaborated that the future trend for copper prices is expected to be weak and volatile. The cautious outlook on copper prices is primarily due to a pessimistic view of the global economy. The growth rates in two major areas of copper demand—new energy vehicles and power investment—are facing a slowdown. Additionally, copper supply has experienced significant disruptions this year. If these supply issues improve next year, the supply-demand relationship could weaken further.#CopperPrices #FederalReserve #InterestRates #EconomicUncertainty #CommodityMarket #MarketAnalysis #SupplyDemand #Investment #GlobalEconomy #Volatility
🚀 Cega Predicts Market Stability Amid Anticipation Of Federal Reserve Meeting
#Cega #MarketStability #FederalReserve #InterestRateCuts #Bitcoin #Crypto #Investors #Volatility
According to Odaily, the latest market insights report from the crypto derivatives platform Cega indicates a relatively quiet week in terms of market events. However, investors are keenly focused on the upcoming Federal Reserve meeting and the anticipated interest rate cuts. Cega forecasts that the market will remain range-bound in the coming weeks. Despite the overall calm, Bitcoin's volatility is slightly above its one-year average.#Cega #MarketStability #FederalReserve #InterestRateCuts #Bitcoin #Crypto #Investors #Volatility
🚀 Bitcoin(BTC) Surpasses 57,000 USDT with a 3.38% Increase in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease #finance
On Sep 10, 2024, 15:25 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 57,000 USDT benchmark and is now trading at 57,039.988281 USDT, with a narrowed 3.38% increase in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease #finance