Huobi Ventures launches $10M fund for early-stage GameFi investment

Huobi cryptocurrency exchange’s dedicated investment arm, Huobi Ventures, has set up a $10 million fund to invest in early-stage GameFi projects that combine decentralized finance (DeFi) features with gaming. The fund will provide direct investment to projects that integrate blockchain gaming with DeFi mechanisms. The GameFi business models allow users to earn dividends through features… Continue reading Huobi Ventures launches $10M fund for early-stage GameFi investment

Poloniex hit with $10M fine over unregistered exchange operations

The U.S. securities regulator has slapped a $10 million fine on Poloniex exchange in connection with its unregistered cryptocurrency exchange. Poloniex agreed to the fine and the cease-and-desist order without admitting or denying the charges. The U.S. Securities and Exchange Commission (SEC) announced that it had entered into a settlement with Poloniex that will see… Continue reading Poloniex hit with $10M fine over unregistered exchange operations

Poloniex Reaches $10M Settlement With SEC Over Unregistered Status

Key Takeaways The SEC has charged crypto exchange Poloniex for operating an unregistered online digital assets exchange. Poloniex allegedly facilitated the trading of digital asset securities without registering with the SEC. Poloniex neither admits nor denies any wrongdoings, but has agreed to pay $10 million settlement charges. The Securities and Exchange Commission has charged crypto… Continue reading Poloniex Reaches $10M Settlement With SEC Over Unregistered Status

Poloniex Reaches $10M Settlement With SEC Over Unregistered Status

Key Takeaways The SEC has charged crypto exchange Poloniex for operating an unregistered online digital assets exchange. Poloniex allegedly facilitated the trading of digital asset securities without registering with the SEC. Poloniex neither admits nor denies any wrongdoings, but has agreed to pay $10 million settlement charges. The Securities and Exchange Commission has charged crypto… Continue reading Poloniex Reaches $10M Settlement With SEC Over Unregistered Status

Polygon committing $10M to reach 1M users using 0x API

The network onboarding a large number of decentralized applications aims to hit one million users through 0x’s decentralized exchange liquidity aggregator API. In an announcement today, Polygon said its project would be committing $10.5 million towards securing decentralized finance infrastructure on its network through the support of developers and projects. The project said it anticipated… Continue reading Polygon committing $10M to reach 1M users using 0x API

Hashmask NFT Raises $10M in Four Days as Trump Card Nets 97 ETH

Hashmasks, the latest non-fungible token (NFT) rave already seems to be drawing attention as the project has raised almost $10 million in only four days of its limited-edition “cards” being on sale. Meanwhile, one of the already acquired digital collectibles has already been resold for more than $126,000 on the NFT marketplace OpenSea as collectors… Continue reading Hashmask NFT Raises $10M in Four Days as Trump Card Nets 97 ETH

Arca secures $10M in Series A funding as traditional financiers back crypto

Arca, an emerging digital-asset manager, has secured $10 million in Series A funding to bootstrap the next phase of its business strategy — one that could bridge the gap between traditional finance and cryptocurrencies.  In a Wednesday press release, Arca said the funding round was led by venture capital firm RRE Ventures, with key contributions… Continue reading Arca secures $10M in Series A funding as traditional financiers back crypto

More than 10M USDT Raised on Gate.io IEO Platform ‘Startup’ in Few Weeks

Prominent cryptocurrency exchange Gate.io recently announced that more than $10 million worth of USDT was raised through its initial exchange offering (IEO) platform dubbed Startup. Startup Proves to Be a Resounding Success Notably, Startup was tapped by projects such as W3ooTrade (WOO), CoralSwap (Coral), and Juggernaut (JGN) which were, collectively, successful in raising more than… Continue reading More than 10M USDT Raised on Gate.io IEO Platform ‘Startup’ in Few Weeks