Coinbase has acquired the Cyprus subsidiary of BUX (formerly Stryk) and renamed the entity Coinbase Financial Services Europe. With this acquisition, Coinbase now has a Cyprus Investment Company (CIF) license, which authorizes it to offer Contracts for Difference (CFD) products. Additionally, Coinbase can use this Cyprus license to offer financial products to other European Economic Area (EEA) member states
Options agreement Derive (formerly Lyra) announced a partnership with Ethena to officially join the Ethena Network. As part of the partnership, the Ethena Foundation has awarded Derive a multi-million dollar grant, while sENA token holders will be eligible to receive 5% of the DRV token supply from Derive DAO.
On December 2nd, David Marcus, co-founder of Diem (formerly Libra), posted on social media that by the spring of 2021, Diem had solved all possible regulatory issues in financial crime, money laundering, consumer protection, reserve management, etc., and was ready to launch. But at that time, Treasury Secretary Janet Yellen told Federal Reserve Chair Powell that allowing the project to move forward would be "political suicide."
Lnfi Network (formerly known as NostrAssets) announced that it has completed the Pre-Seed round of financing, with participation from HashKey Capital, UTXO Management, CMS Holdings, Waterdrip Capital, Wolf's Clothing, etc. The specific amount and valuation information have not been disclosed yet. The new funds will support its expansion of Lightning and Bitcoin order book exchange LN Exchange, in order to upgrade Lightning Network from an instant payment protocol to an integrated financial ecosy...
OpenAI founder Sam Altman's World project (formerly Worldcoin) said in a post on X that its global users exceed 17 million.
OpenAI founder Sam Altman's World project (formerly Worldcoin) announced that World ID has launched an identity verification program in Brazil. As the project intensifies its efforts to increase the total number of registered people, Brazil has become an attractive region in the eyes of the World. According to the World Bank 2023 data, the country is not only relatively friendly to cryptocurrencies, but also has a population of more than 215 million.
Sonic Labs (formerly known as Fantom) announced on the X platform that it has opened the .sonic domain registration, and UnstoppableWeb is the exclusive on-chain provider of .sonic domains, providing support for users' digital identities.
Fred Thiel, CEO of bitcoin miner MARA (formerly Marathon Digital), has warned that the current AI development environment is similar to the dotcom bubble of the 2000s, with many companies likely to overbuild their infrastructure in the face of insufficient demand.
Privado ID (formerly Polygon ID) announced a strategic merger with Disco to enable "multi-chain verifiable data and reputation management," which its team says will drive unification across Web2 and Web3 ecosystems, the development and adoption of digital identity infrastructure, and will enable Privado ID to be available on blockchains such as Optimism, Arbitrum, Base, and others.
Sonic Labs (formerly Fantom) has released its new official website.
Sonic Labs (formerly known as Fantom) said in a post on the X platform that blockchain data analytics platform Dune will support viewing data from the Sonic mainnet as soon as it goes live.
Sonic Labs (formerly Fantom) announced a partnership with the Pyth Network to provide Pyth data sources when Sonic goes live, providing developers with fast and reliable financial marekt data, as well as the ability to eliminate MEVs, generate random numbers, and gain access to active searchers and liquidators.
Ava Protocol (formerly known as OAK Network) has launched its mainnet on Ethereum. The team says this will enable developers to integrate event-driven hypertransactions without custom code, simplify complex on-chain operations, provide advanced features beyond the Ethereum virtual machine, and support automated tasks such as payments and dynamic NFT casting. As previously reported, Ava Protocol completed a $10 million seed round with investors including Electric Capital, Taisu Ventures, and Poly...