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dYdX Foundation: More than 1.76 million DYDX have been pledged since the launch of the dYdX chain mainnet

The dYdX Foundation announced on the X platform that since the birth of the dYdX Chain mainnet, over 75.7 million ethDYDX tokens have been bridged and over 1.76 million DYDX tokens have been staked.

SingularityNET: The native token “AGIX” staking function has been launched on the Cardano blockchain platform

SingularityNET, an artificial intelligence cryptocurrency project, announced the launch of native token "AGIX" staking on the Cardano blockchain platform. This allows holders to earn rewards from their assets. The specific staking launch will take place at the end of this month. Cardano is also the second blockchain to support SingularityNET token staking, with the previous staking already launched on the Ethereum blockchain.

Dalian Financial Court officially opens and operates: making full use of blockchain and other technologies to activate technological empowerment

The Dalian Financial Court was officially launched this week. It is reported that the Dalian Financial Court will build a nationally leading integrated financial case information platform, fully utilizing blockchain, artificial intelligence, and big data modeling technology to activate technological empowerment.

Indian spice blockchain B2B market Growcoms completes US$3.5 million in financing

Growcoms, an Indian blockchain B2B marketplace focused on the spice market, has announced the completion of a $3.5 million financing round led by JSW Ventures and Arali Ventures, with existing investor InfoEdge Ventures participating. Growcoms uses blockchain technology to ensure traceability and quality, thereby improving the efficiency of the entire value chain to fundamentally change the spice industry. The new funds will be used to strengthen its product supply and blockchain technology infrastructure.

Nanyang Commercial Bank: Has participated in cross-border credit reporting pilot work in Shenzhen relying on blockchain and other technologies

OCBC (China) Limited announced that it will explore cross-border credit cooperation between Shenzhen and Hong Kong. As the first branch of OCBC in mainland China, OCBC Shenzhen Branch has participated in the pilot work of cross-border credit initiated by local credit agencies in Shenzhen. Relying on technologies such as blockchain to ensure data security and reliability, it will create multi-dimensional overseas Hong Kong enterprise credit reports and realize the landing of the first business.

Layer N announces strategic investment from BlackPine

Modular L2 protocol Layer N has announced that it has received strategic investment from BlackPine. The team stated that this investment marks Layer N's official entry into the Asian market, with the aim of expanding the availability of native Web3 products in the region. It is reported that Layer N, as a second layer built on Ethereum, focuses on improving transaction throughput and reducing transaction latency to replicate the transaction speed of traditional financial markets on the blockchain.

Fintech firm Block’s Bitcoin revenue surges nearly 40% year-on-year

On November 3rd, Jack Dorsey's financial technology company Block (formerly Square) announced third-quarter financial results that exceeded analyst expectations, with significant growth in bitcoin revenue leading to a sharp increase in stock price in after-hours trading. The company's latest financial data shows that compared to the same period last year, its bitcoin business revenue grew by 37.5%, from $1.76 billion to $2.42 billion. The gross profit the company received from its bitcoin business also increased, from $36 million last year to $44 million.

Blockchain security company Xage Security secures $20 million in funding

Blockchain security company Xage Security announced that it has raised $20 million in Series B financing, bringing the total amount of financing for the company to $80 million. Piva Capital, March Capital, SCF Partners, Overture Climate Fund, Valor Equity Partners, Chevron Technology Ventures and Science Applications International Corporation participated in the investment. <br>

SINOHOPE and Alpha Blockchain Capital Launch 100% Virtual Asset Fund

October 31, 2023, Hong Kong, Sinohope Technology Holdings Limited (stock code: 1611.HK, “SINOHOPE”) has announced a partnership with Alpha Blockchain Capital(“ABC”) to launch Alpha Blockchain SP1 Fund (the “Fund”) that will provide eligible professional investors with a unique opportunity to invest 100% in virtual assets.
SINOHOPE and Alpha Blockchain Capital Launch 100% Virtual Asset Fund

Sam Bankman-Fried's perspective on FTX fall

Sam Bankman-Fried testified in court this week, denying any wrongdoing between FTX and Alameda Research despite admitting “big mistakes."
Sam Bankman-Fried's perspective on FTX fall