Hyperfluid, a hybrid DEX and automated market maker on the Aptos ecosystem chain, announced the completion of the Pre-Seed round of financing, with the participation of BlockBooster and Web3 incubator Ankaa. The specific amount has not been disclosed yet. The new funds are intended to support its construction of order book transactions to realize asset swaps and transactions on the Aptos chain.
Stanislav Moiseev, the founder of the online black market and cryptocurrency mixing service Hydra, has been sentenced to life imprisonment by a Russian court. According to a statement from the Moscow Prosecutor's Office on December 2, the Moscow District Court found Moiseyev and 15 of his associates guilty of organized criminal gangs, illegal production and sale of psychotropic substances and drugs. Sentences for 15 of Mr. Moiseyev's associates ranged from eight to 23 years. Mr. Moiseyev was als...
According to the official website, Base Network's two official bridges Brid.gg and Superbridge have been connected to OKX Web3 wallet. Users can use OKX Web3 wallet to conduct cross-chain transactions in Brid.gg and Superbridge. It is reported that Superbridge is a high-performance cross-chain bridging tool designed to enable seamless and secure transfer of assets between different blockchain networks. Brid.gg is a cross-chain trading platform and provides an "expert mode" that allows advanced u...
Pertsev, the developer of the cryptocurrency hybrid protocol Tornado Cash, who will remain in detention pending trial, announced in an X post on November 21: "I regret to announce that despite our best efforts, the court has decided to extend my pretrial detention. This decision has greatly affected my ability to prepare an appeal, but I remain determined to continue fighting for justice."
On November 9th, according to Bloomberg, the founder of cryptocurrency mixing service Bitcoin Fog has been sentenced to 12 and a half years in prison for laundering tens of millions of dollars from the dark web market that sells illegal drugs. U.S. District Judge Randolph Moss in Washington sentenced 36-year-old Roman Sterlingov to 150 months in prison in federal court in Washington. Prosecutors said Bitcoin Fog handled hundreds of millions of dollars in untraceable transactions, some of which o...
Frax Finance, a hybrid algorithmic stablecoin protocol, announced a partnership with Karak, a re-staking layer, to introduce native re-staking functionality and DSS (Decentralized Security Service) into the Frax Finance ecosystem and support this functionality natively on Fraxtal, accelerating the vision of universal verifiable finance.
On September 16, Euler Finance announced the launch of the hybrid stablecoin Maxi, which consists of tokenized treasury securities USDY, interest-bearing synthetic USD stUSD, synthetic USD USDe, and fiat stablecoin USDC. Covered assets will be actively managed by K3 Capital, MEV Capital, and Re7 Labs.
Web 3.0 hybrid game service CryptoHunter World announced the completion of a $2.80 million private equity round of financing, with IOST, HG Ventures, Mindfulness Capital, Bigcandle Capital, Web3Wave and Layer-OTC participating. The new funds will support its construction of blockchain RPG games, changing the landscape of blockchain games by integrating unique mechanisms. The project uses GPS technology to provide game experiences and let players own game assets on the chain. It is reported that ...
Gleb Kostarev, CEO and co-founder of Blum, a hybrid exchange, advises readers to read Frédéric Pierucci's book The American Trap, which was recommended by Changpeng Zhao, CEO of Binance, to understand "what really happened". Kostarev pointed out that Pierucci's arrest at the airport was part of a larger plan to weaken France's Alstom. He believes that similar pressures are...
Meta cancelled its planned 2027 launch of a mixed reality headset and cancelled the launch of a high-end mixed reality headset.
On July 26, sources revealed that Israel is seeking to revise a plan on a ceasefire in Gaza and the release of hostages, which has complicated negotiations on a truce agreement. Israel seeks to screen Palestinians returning to northern Gaza, withdrawing from an agreement that allowed civilians fleeing to the south to return freely to their homes.
South African hybrid trading platform Neonomad is launching Zarcoin, a stablecoin pegged to the South African rand. According to a report, the stablecoin will cater to unbanked and banked South Africans, leveraging Solana for instant payments and low-cost transactions.
The Spokesperson of the Ministry of Commerce answered a reporter's question on Turkey's imposition of additional tariffs on Chinese fuel and hybrid passenger vehicles: China urges Turkey to immediately lift discriminatory tariff measures and jointly promote the healthy development of China-Turkey economic and trade relations. China will take necessary measures to safeguard the legitimate rights and interests of Chinese enterprises.