Gaming Blockchain Oasys Announces Partnership With Japanese Conglomerate SBI Holdings

Oasys, a Web3 gaming-oriented blockchain project, announced a strategic partnership with SBI Holdings, one of the largest financial conglomerates in Japan. As part of this partnership, Oasys secured an undisclosed amount of funding to grow the liquidity of its token and expand the Oasys ecosystem. Yoshitaka Kitao, President and CEO of SBI Holdings, stated that … Read more

First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange

On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator (CVM), is offered by QR Asset, which also has a bitcoin-based ETF product. The offering managed to raise only 15% … Read more

Salvadoran Educational Nonprofit Mi Primer Bitcoin Risks Running out of Funds

Mi Primer Bitcoin, an educational bitcoin nonprofit organization founded in El Salvador, risks running out of funds by September according to statements from its founder John Dennehy. Dennehy declared that while they expect to receive multiple grants by the end of the year, they need additional funds to reach that period. He assessed that this … Read more

Rumble CEO Leaves Europe After Pavel Durov’s Arrest

Chris Pavlovski, founder and CEO of Rumble, an independent online video platform, has reported that he left Europe after the arrest of Telegram CEO Pavel Durov. Pavlovski criticized the measures taken against Durov, stating that France had “crossed a red line” by arresting him for not censoring speech. “Rumble will not stand for this behavior … Read more

Colombian Data Protection Authority Formulates Charges Against Worldcoin

The Colombian Industry and Commerce Superintendence (SIC), the personal data protection authority of the country, has formulated charges against Worldcoin, the biometric digital ID project, for violations of the personal data regime. The institution stated that the accusation focuses on determining whether Worldcoin violated Colombian law in its handling of the personal and private data … Read more

AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation

Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the world’s software,” has announced it has raised $60 million in its Series A funding round. The round had the participation of Andreessen Horowitz, Thrive Capital, Openai, and many others, and gave the company a … Read more

Brazilian Securities Regulator Greenlights Second Solana Spot ETF

The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly a billion in assets under management held locally, in partnership … Read more

Circle’s Euro-Pegged Token EURC Surpasses €50 Million Market Cap

EURC, a Euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market cap of over €50 Million ($55.37 million). According to Patrick Hansen, Circle’s Senior Director, EU Strategy & Policy, the stablecoin has experienced significant growth, registering a 36% increase in its issuance due to its recent launch on base, a Coinbase incubated … Read more

Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity

Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explaining … Read more

X Ceases Operations in Brazil After Refusing to Comply With Censorship Orders

X’s Global Government Affairs Team reported on August 17 that the social network would be forced to shut down its local operations in Brazil due to judicial orders issued against its legal representative. The order, issued by Alexandre de Moraes, a member of the Supreme Federal Tribunal, would have this legal representative facing jail time … Read more