On February 21, according to foreign media reports, Farid Amir, an official at the Indonesian trade ministry, said on Friday that the Indonesian government has not discussed restricting palm oil exports before Ramadan. Due to concerns about production, including market speculation that Indonesia may impose export restrictions before Ramadan, Malaysian palm oil futures are expected to post a fifth consecutive week of gains. Farid Amir said, "Such bans have not been discussed. I understand that th...
According to official news, federated learning protocol Primus announced the completion of a $6.50 million pre-seed and seed round of financing. This round of financing was led by Dispersion VC, Symbolic VC and VanEck, with participation from Samsung Next, Alchemy, Maelstrom Fund, Welara, BB Fund, Modular Capital, Karatage, Initial Ventures and other institutions. Primus is a protocol that securely performs computations on untrusted networks without exposing sensitive data through the Multiparty...
Bitcoin staking platform Acre completed a $4 million strategic financing, with participation from Draper Dragon, Big Brain Holdings and Orange DAO. Acre co-founder and CEO Laura Wallendal said the round was in the form of a future equity simple agreement and token subscription rights, and Wallendal said the $90 million valuation represents a fully diluted valuation for the yet-to-be-launched ACRE token.
NVIDIA-backed AI infrastructure startup ClustroAI raised $12 million in Series A funding led by Forum Ventures, bringing the total amount raised to $15 million. This round of funding will be used to advance the development of decentralized AI technology, enabling enterprises to run AI directly on local and edge devices, thereby reducing Cloud as a Service dependence, improving data privacy and cost efficiency. In addition, funds will also be used to expand ClustroAI's edge AI solutions, includin...
Kraken has completed FTX estate's first distribution of funds to more than 46,000 creditors. Previously, it was reported that FTX intends to start repaying $16 billion creditors on February 18, 2025, with the first phase of repayment of $65- $7 billion. Payments are based on November 2022 prices.
1. Crypto startup Altius Labs completes $11 million Pre-Seed round of financing; 2. Curve founder is developing new project Yield Basis and has completed $5 million financing 3. Crypto security platform Blockaid completed a $50 million Series B financing, led by Ribbit Capital.
Crypto startup Altius Labs has completed a $11 million Pre-Seed round of funding, led by Founders Fund and Pantera, with participation from Archetype, Reforge, DCG, No Limit Holdings, Amber Group, Berachain, Movement, Ethena Labs, Ritual, dao5, Solana Foundation, Hudson River Trading, and others. Altius Labs was co-founded by Anit Chakraborty, a former software engineer at Hudson River Trading, and Annabelle Huang, a former managing partner at Amber Group, to develop a modular execution stack in...
Coinbase International said in a post on X that IP-PERP has completed the transition from the Pre-launch market to the standard perpetual contract market.
On February 13th, Telegram ecosystem trading app Blum completed a $5 million Pre-Seed and seed round financing, led by gumi Cryptos Capital, and participated in the investment by YZi Labs, The Spartan Group, No Limit Holdings, OKX Ventures, The Open Platform, Bitscale Capital and Wintermute Ventures.
According to Nikkei News: Sources say Apple suppliers are exploring iPhone production in Indonesia.
On February 8, according to Techinasia, Binance's Indonesian cryptocurrency exchange Tokocrypto announced the appointment of Calvin Kizana as the new CEO. It is reported that Tokocrypto will exceed 4 million users in 2024.
1. Stablecoin crypto startup Coala Pay completed a $3.50 million seed round of financing; 2. Blockchain Cloud gaming developer The Game Company completed a $10 million equity and token round of financing; 3. RWA tokenized end-to-end solution Fraktion completed 1.10 million euro seed round financing, Tezos Foundation and others participated; 4. Enterprise loyalty platform Superlogic completed the $13.70 million A round of financing, and blockchain fund Galaxy Interactive participated in the inves...
Stablecoin crypto startup Coala Pay completed a $3.50 million seed round led by Castle Island Ventures, with participation from the founders of Lattice Fund, Factor Capital, and crypto philanthropy platform The Giving Block. The company will use the funds from this round of financing to expand the team and recruit employees with experience in the United Nations and the US government. According to reports, the company is dedicated to connecting humanitarian aid organizations with potential donors...