Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  1.  Com2uS, a South Korean game publisher will be working with the Oasys blockchain project. The collaboration is anticipated to improve the web3 gaming infrastructure of the gaming company.
  1. To stop user metadata leaks, Nym and Electric Coin Company have worked together to include mixnet technology into Zcash. Supported by a $150,000 community grant from Zcash, the integration enables Zcash wallet developers to integrate Nym’s privacy features directly.
  1. The $16 million fundraising round for Analogue, a blockchain interoperability project, was spearheaded by Tribe Capital. According to co-founder Victor Young, the money was obtained through SAFT and increased Analog’s fully diluted valuation to $120 million.
  1. Deutsche Telekom, a telecommunications provider, has announced a collaboration with the Foundation. The primary objective of collaboration is to further the creation of artificial intelligence (AI)-based solutions within the Web3 sector.
  1. Financial regulators in Dubai have granted a Virtual Asset Service Provider (VASP) licence to Aquanow, a Canadian crypto infrastructure company.
  1. Analogue has raised $16 million at a valuation of $120 million in the most recent fundraising round. $16M million had come to Analogue through the Tribe Capital-led investment round. The fund will be used by the company to support blockchain interoperability.
  1. Ledger, a hardware wallet manufacturer, and Coinbase, a cryptocurrency exchange, have launched a partnership aimed at streamlining cryptocurrency purchases and simplifying the process of moving assets from an exchange into self-custody.
  1. CoinShares, a digital asset investing platform, reported $108.5 million in revenue for the fourth quarter of 2023. CoinShares recorded sales, gains, and other income of $42.12 million for the fourth quarter of 2023 alone.
  2. Sushi plans to introduce Susa, a decentralised derivatives exchange on Layer N. Susa wants to compete with centralised exchanges by utilising Layer N’s quick processing speed. It is anticipated that Layer N will be operational later this month.
  1. Aptos Labs has unveiled a passwordless passkey authentication technique for transaction signature. Passkeys are easier to use and more akin to those seen in systems such as Apple Pay and Google Pay.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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