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Ronet Cyber Security launches a Solution-Oriented Service in the Crypto Industry

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Ronet Cyber Security uses computer forensic science to assist clients in recovering their cryptocurrency. The organization works with essential suppliers of skilled blockchain methods, such as trades, on-chain analysis, and research procedures. It employs broad strategies and recovers digital currency from the FX exchange.

It is known as computer forensic science in this sense, and it uses investigative and analytical methods to obtain evidence that is acceptable in a court of law. The company provides round-the-clock security services and training to financial managers, traders, digital currency reserves, block chain organizations, and other people who are exposed to or concerned about security.

Their talents and knowledge have prevented numerous security calamities and counterfeits. Every cybercrime can be tracked with the company’s assistance. To guarantee that a person’s transactions are safe and secure, Ronet Cyber Security provides crypto forensic services to companies, law enforcement, regulators, and individuals.

The cryptocurrency market has been projected by increasingly well-known crypto firms to be worth billions of dollars. But even as people invest and create safe futures, they still have to deal with cybercrime challenges. Using millions of assets, the organization assists in investigating into specific crypto addresses, activities, and entities and connects them to real-world performers.

Ronet Cyber security makes specific network visualizations of wallets and the trades that occur inside them. Through its Exposure Trails, clients can explore new information and data and see their results in a visual way. The organization equips each client with comprehensive information on every aspect of the digital forensic industry and provides consultations on forensic computers on a range of themes.

Furthermore, the group of professionals collaborates directly with the customers to comprehend their needs in order to support and retrieve money from digital cryptocurrency resources. In addition, the group of skilled investigators, legal advisors, attorneys, and computer specialists has a strong grasp of technological and investigative elements to provide their clients excellent services and precise outcomes. The experts benefit their clients in a variety of specific sectors.

About Ronet Cyber security:

Founded in 2020, Ronet Cyber security Limited is a reputable business. Occasionally called “computer forensic science,” it offers crypto forensic services, forensic computer consulting, and cybercrime tracking. The investigation specialists collaborate closely with their clients to fully comprehend each need. In addition, it offers businesses and organizations services for monitoring digital assets and reacting to events, threats, or intrusions that affect victims of fraudulent activities. Additionally, by visiting their main website, potential clients can get in touch with the team.

Website: https://www.ronetcybersecurity.co.uk

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Banxa Drives Growth With Strategic Partnerships & Product Enhancements and Engages a Market Maker

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Banxa Holdings Inc. (“Banxa” or the “Company”) is pleased to provide a business update and announce the engagement of a market maker.

STRATEGIC PARTNERSHIPS

Banxa continues to expand its partner network, bolstering transaction volumes with key industry leaders. Highlighting a select few partners below:

  • SUI – A major Layer 1 blockchain and smart contract platform with over 8 million wallets and 218k daily active users, providing fast, private, and secure digital asset ownership
  • Coinmama – A leading cryptocurrency exchange with 4 million users across 188 countries, facilitating seamless crypto trading
  • Backpack – A non-custodial wallet based on the Solana and Ethereum blockchains, offering exclusive xNFT support
  • Meld.io – empowering developers to build a Multi Vendor Fintech stack, facilitating diverse financial solutions

PRODUCT ENHANCEMENTS

Banxa has made significant advancements across various aspects of its product offering, aimed at providing more value to its partners – creating deeper partnerships and improving the end user experience – translating to increased transaction volumes and profitability.

Partner-driven order pricing
Partners can now set and manage differentiated pricing for their users on a per-transaction basis in order to compete for new users or reward existing ones. Providing partners flexibility to take control of their user acquisition and retention goals

Advanced webhook statuses
Banxa now returns more granular and frequent updates to the status of orders via its webhooks feature. Partners can get a deeper picture of what’s happening with the order of their users, allowing them to create more specific and customisable user communications and experiences

Intelligent payment orchestration
Banxa has rebuilt its fiat payment management engine from the ground up, now with the ability to automatically route payment requests between acquirers, retry attempts, and providing users with pre-submission validation, significantly enhancing the percentage of successful transactions

Embedded Crypto Strategy
Banxa has furthered its exploration into an embedded crypto future and how it can revolutionize global commerce and exchange of value by leveraging its payments and compliance infrastructure. The Company is currently working with select partners on a product rollout plan

Overall, these advancements demonstrate Banxa’s commitment to innovation and addressing the evolving needs of its partners and users in the crypto payments landscape.

MARKET MAKER ENGAGEMENT

Banxa has engaged Generation IACP Inc. (“IACP”) to provide services as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange (“TSXV”). The objective of the engagement is to maintain a reasonable market and improve the liquidity of Banxa’s common shares on the TSXV.

IACP will receive a fee of C$7,500 plus applicable taxes per month. The agreement between Banxa and IACP is for an initial term of six (6) months and shall be automatically renewed for subsequent six (6) month periods (collectively, the “Term”) unless Banxa provides written notice of termination to IACP at least 30 days prior to the end of the Term or IACP provides a written notice of termination to the Company. Commencing on the first anniversary of the agreement, the fee payable to Generation will automatically increase annually by 3%.

No stock options or other compensation are being granted in connection with the engagement. IACP does not currently own any securities of Banxa, however, IACP and its clients may acquire an interest in the securities of Banxa in the future. IACP is an arm’s length party to Banxa. IACP will be responsible for the costs it incurs in buying and selling of Banxa’s common shares, and no third party will be providing funds or securities for the market making activities.

IACP is a Toronto-based, independently owned investment dealer and a member of the Canadian Investment Regulatory Organization and a member firm of the Toronto Stock Exchange and the TSXV.

ABOUT BANXA HOLDINGS INC.

Banxa’s mission is to accelerate the world to Web3 with its leading global on-and-off ramp solution. Through its extensive network of local payment solutions paired with the required crypto licenses. Banxa provides its partners and projects access to global audiences with less friction and higher conversions. Banxa has a global team of Web3 natives with operating headquarters in the USA, Europe and APAC regions. For further information go to www.banxa.com.

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Apraemio and Biconomy Forge Strategic Partnership to Elevate Web3 Accessibility and Real-World Asset Integration

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Apraemio is excited to announce a strategic partnership with Biconomy, a leading infrastructure provider which is setting standards for seamless web3 transactions. This collaboration marks a pivotal step towards integrating Biconomy’s Account Abstraction SDK into Apraemio’s platform, enhancing the accessibility of the $APRA token and paving the way for the simplified integration of real-world assets into the digital economy.

Biconomy is renowned for its commitment to empowering web3 developers to onboard and retain users on decentralised ecosystems easily, making it an ideal ally for Apraemio’s mission to make cryptocurrency investments more accessible to a broader audience. This partnership aims to eliminate the traditional barriers faced by investors, thereby democratising access to digital and real-world asset investments.

Aniket Jindal, Co-founder and COO of Biconomy, noted “We’re thrilled to be able to partner Apraemio to create a more equitable and inclusive ecosystem for users of digital tokens and assets. We admire what the Apraemio team is doing and we’re positive that this collaborative push will further simplify the blockchain experience for the next 100M users and investors.”

Gergo Szoke, Marketing Director at Apraemio, shared his thoughts on the collaboration: “Our strategic partnership with Biconomy is a landmark achievement for Apraemio and the broader community. By leveraging Biconomy’s innovative solutions, we’re enhancing the user experience significantly, but more importantly, we’re bridging the gap between the digital and physical worlds. This collaboration will undoubtedly make the $APRA token a pivotal element in the investment portfolios of people around the globe, marking a new era in how we perceive and invest in physical gold.”

This partnership underscores both companies’ dedication to innovation, user satisfaction, and the broader adoption of digital assets. With a common vision for a simplified, more accessible Web3 ecosystem, Apraemio and Biconomy are setting new benchmarks for the integration of blockchain technology with real-world assets.

For further details on Apraemio and the forthcoming enhancements through Biconomy’s technology, please visit https://www.apraemio.com/.

About Apraemio

Apraemio is a gold-backed cryptocurrency project combining the best of both worlds – the heritage, stability and popularity of gold and blockchain technology’s innovation and financial freedom. The company holds exclusive rights to mine one of the largest gold reserves in Mali, Africa, and is committed to using blockchain technology to provide investors with a secure and transparent way to invest in gold.

About Biconomy

Biconomy is setting UX standards for seamless web3 transactions. An Account Abstraction-compliant developer toolkit that enables developers to deliver web2-like experiences in their dApps, Biconomy has on-boarded over 4M unique users across 400+ dApps while partnering companies such as JP Morgan, dYdX, The Sandbox, and Farcana.

Website: https://www.apraemio.com/
Website: https://www.biconomy.io/

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20% Revenue Growth and Getting Ahead of the Curve in Global Industry Trends: dxFeed Celebrates Remarkable Business Achievements in 2023

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dxFeed, a leading data solutions and index management provider for the global financial industry, is proud to announce a range of significant accomplishments and milestones achieved in 2023. The firm has demonstrated steady growth, innovation, and fintech industry recognition across AI, DeFi, IaaS, Index Management, and other segments.

Financial success:

  • dxFeed achieved a remarkable YoY overall revenue growth exceeding 20%, continuing a strong 10-year growth trend.
  • The product portfolio witnessed substantial expansion, enhancing the company’s position in the market.

Geographical expansion:

  • dxFeed’s London office has been established, joining existing representatives in the USA, Europe, the Middle East, the Asia-Pacific region, North Africa, Georgia, and Canada. This marks a pivotal step in global market outreach.
  • Geographical market data coverage expanded to include Australia and new European exchanges.
  • dxFeed unveiled a groundbreaking 24/5 data feed for US Equities, offering dxFeed clients round-the-clock trading capability by providing licensed and indicative license-free access to after-hours market data.

Retail segment growth:

  • dxFeed’s retail segment experienced exponential growth, with annual revenue doubling.
  • Strategic partnerships were forged with key players in the prop trading segment.
  • A dedicated product for end-to-end management of market data terminals and subscriptions was developed, catering to a diverse range of customers, including banks.

Index management:

  • Bruce Traan, a seasoned professional within the index industry, became dxFeed’s new Global Head of Indices, bolstering the company’s leadership in Index Management and delivering the next frontier of index solutions for dxFeed clients.
  • dxFeed expanded a comprehensive list of industry leading solutions for Index Management services and index product lines, including the calculation of indices for two SEC- and CFTC-regulated exchanges.
  • dxFeed created the innovative “Faces of the Crypto Market” index family to define cryptocurrency market dynamics. A proprietary methodology developed by dxFeed, each index within the index family (FACEn) corresponds to an independent risk source, offering a novel holistic representation of the diverse crypto asset universe.
  • dxFeed expanded the portfolio of synthetic asset indices for a wide range of global brokers.
  • dxFeed’s comprehensive range of indices was integrated into the Refinitiv platform to improve distribution, accessibility, and insights for financial professionals and investors worldwide.

IaaS cloud services:

  • dxFeed’s IaaS offering was named the Best Infrastructure Provider by the Sell-Side Technology Awards 2023, highlighting the product’s leading position and quality.
  • Infrastructure management for Top Tier brokers was productized, with successful POC projects with major hyperscale cloud providers.
  • A number of market data products customizations were implemented natively in the IaaS platform and were delivered to customers.
  • The IaaS team defined its focus for 2024: refining provisioning automation, fostering a cloud-native approach, and adopting more flexible cloud billing, aiming to secure the leading industry position.

Crypto/Web3 initiatives:

  • Active partnerships were established with all Web3 oracles existing on the market so far to provide data on various asset classes and deploy the firm’s own nodes in their networks.
  • dxFeed’s data has been made available not only through various APIs, but also via analytical Historical Data Lake.

AI/Display innovations:

  • dxFeed Spotlight, an innovative new AI-powered data engine, news & analytics portal, and ChatGPT plugin, has been introduced to the market.
  • The prestigious Benzinga Global Fintech Awards named dxFeed Spotlight as a finalist in two categories: Best New Product and Most Innovative in Capital Markets.
  • HFM FI Operations and Services Awards shortlisted dxFeed Spotlight as the Best New Front-Office fintech solution in 2024.
  • A dedicated professional team has been assembled to work on this product.
  • AI research and development has been separated into a dedicated unit to provide insight and create experimental models, as well as further developing proven models and their corresponding software stack.

HDL (Historical Data Lake):

  • New product versions were released, supporting a full range of events and asset classes, including order book market depth and DeFi AMM protocols.
  • The product’s analytical capabilities allow for multi-petabyte ad hoc data analysis, extraction, aggregation, processing and manipulation of mixed datasets of market and reference data, with unprecedented ease and performance.
  • The product now provides an excellent basis for building both retail Data Shops and enterprise-grade analytical systems for surveillance and general analytics.

Calculated data enhancements:

  • The dxPrice option pricing engine’s models have been enhanced to provide more accurate assessment of IV, and implied dividends and rates in various calculation scenarios.
  • Numerous performance enhancements have been implemented to ensure timely calculation with ever-growing data volumes and data rates in the U.S. Options market.

Market search advancements:

  • dxFeed Real-time Options Screener improved its performance, increased the number of data points, and provided support for full OPRA options coverage.
  • New enterprise clients experienced dxFeed Unusual Options advantages in detecting abnormal events in the market as front-running indicators for the stock market.
  • Significant improvements were made to Options Analytics’ ability to calculate implied dividends and corresponding stock.

Compliance focus:

  • dxFeed’s dedication to compliance was marked with the SOC 2 Type 2 certification milestone.
  • dxFeed’s professional compliance team has been strengthened and reshaped to face new challenges in 2024.
  • The team has mapped out its efforts for 2024: it will focus on obtaining ISO 27001 certification for dxFeed in general, and a BMR license for Index Management business in the European Union.

Awards and recognitions:

  • dxFeed’s IaaS offering was named the Best Infrastructure Provider at the Sell-Side Technology Awards 2023.
  • dxFeed Spotlight was shortlisted as the Best New Product and Most Innovative at the Benzinga Global Fintech Awards 2023.
  • Tamara Magel, dxFeed’s Managing Director of Planning and Control, was shortlisted for the European Women in Finance Awards.
  • The HFM FI Operations and Services Awards 2024 shortlisted dxFeed in multiple categories, including Best New Front-Office Fintech Solution (Spotlight), Best Data Provider (dxFeed), and Best Cloud-Based Front-Office Solution (IaaS).

As dxFeed looks forward to a promising future, these achievements underscore the company’s commitment to excellence, innovation, and leadership in the financial market data industry.

About dxFeed

dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology IMD & IRD awards honors, it is the “Most Innovative Market Data Project.” dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers).

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OrangeX Unveils $5M Innovation Fund, Accelerating Support for Bitcoin Ecosystem Growth

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OrangeX, a global cryptocurrency exchange, is proud to unveil its $5 million Innovation Fund. Designed to bolster the Bitcoin ecosystem and propel blockchain innovation, the Fund’s core focus is on investing in promising projects within the Bitcoin ecosystem, including Ordinals Protocols and BRC-20 standard tokens.

In the dynamic landscape of the evolving Bitcoin ecosystem, various features and functionalities are continually reshaping its potential. Notably, the BRC-20 token standard has emerged as a key player, attracting significant attention.

Recognizing the surging demand and immense potential of BRC-20 standard token projects, OrangeX’s Innovation Fund stands ready to provide crucial capital and infrastructure support to empower the community in building a resilient and flourishing Bitcoin ecosystem.

Exciting Bitcoin Ecosystem Initiatives

OrangeX is proud to introduce a range of products and services tailored for the Bitcoin ecosystem and projects, catering to user preferences. Key offerings include:

  • Bitcoin-based Token Trading: Facilitating the listing and trading of Bitcoin-based tokens. ORDI, the largest BRC-20 token, is now available on both OrangeX Spot and Perpetual Contracts.
  • Bitcoin Ecosystem Information: Providing valuable insights and analytics on the Bitcoin ecosystem.
  • Bitcoin Ecosystem Token Launchpad: Offering a fair and efficient token distribution service for promising Bitcoin ecosystem projects with financial, technical, and marketing assistance. Share early ecosystem returns with a larger customer base.

OrangeX CEO, Alexandra K, expressed confidence in the potential of outstanding Bitcoin Ecosystem projects. He stated, “These projects not only stand to receive financial backing from OrangeX but also gain access to a suite of services, resources, and connections available through our platform. With these tools, we believe our supported projects will thrive, succeed, and have a positive impact on the world.”

Empowering the Bitcoin Ecosystem: OrangeX’s Pioneering Role

Bitcoin, the original cryptocurrency, remains the bedrock of blockchain finance. Every trading platform benefits from the development of Bitcoin. If there is no Bitcoin, cryptocurrency exchange will no longer exist. With 15 years since its inception, the Bitcoin revolution continues to unfold, presenting a dynamic and evolving ecosystem. Anticipate groundbreaking innovations that will redefine possibilities.

As a central figure in this domain, every cryptocurrency exchange is urged to actively contribute to the ongoing development of the Bitcoin ecosystem. OrangeX, as a trailblazer, introduces the Innovation Fund, a platform committed to integrating Bitcoin ecosystem products. This initiative aims to address user needs in exchanging, managing, and investing in Bitcoin-based projects.

OrangeX invites collaboration from institutions, communities, and projects to join forces in propelling the growth and diversification of the Bitcoin ecosystem. Together, let’s forge a future where Bitcoin is more accessible, versatile, and inclusive – ensuring its enduring significance in the ever-evolving landscape of blockchain-based finance.

About OrangeX

Founded in 2021 in Seychelles, OrangeX stands as a worldwide cryptocurrency trading platform renowned for its cutting-edge technology, proficient team, and seasoned financial knowledge. With more than 1 million active users, OrangeX has built a comprehensive product line, dedicated to empowering investors to make a better future. OrangeX futures trading offers 3 service options: USDT-M Perpetual Contracts, One-Click Copy Trading and Powerful API. According to Coinmarketcap(CMC) and CoinGecko, OrangeX Spot now supports over 100 coins with approximately 130 trading pairs.

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Safe launches Safe{RecoveryHub}, joining forces with Sygnum Bank and Coincover to Set New Standard for Crypto Recovery

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Safe, the leading smart wallet infrastructure, is collaborating with Sygnum, a global digital asset banking group, and CoinCover, a UK-regulated recovery service provider, to launch Safe{RecoveryHub}, offering a curated suite of crypto recovery options. Built with Safe’s battle-tested smart account infrastructure at its core, this marketplace of solutions lays the technical groundwork for a tailored approach to smart account recovery.

It has been estimated that over 900K ETH (worth approximately $1.92 billion) is inaccessible to users, with significant losses due to forgotten keys. Despite self-custody being one of the original value propositions of web3, complex key management remains a significant barrier for users, with few recovery solutions available. Safe{RecoveryHub} offers a comprehensive range of recovery solutions for all digital asset holders, from large institutions to individual users. Users can recover access to their accounts through designated recoverers, which can be personal backup devices, family members, friends, and collaborators, in a process known as “social recovery.” In addition, trusted third-party service providers like Sygnum, a Swiss-regulated bank with over USD 4 billion assets held in institutional-grade custody, and CoinCover can also be designated as recoverers to facilitate recovery.

Importantly, even with a custodial recovery setup, Recoverers are given control by the user only in case of a recovery event and are trusted to recover access for users. In all other times, users retain full control through veto rights to cancel any recovery attempt. Users can also setup multiple recoverers and apply a threshold to further bolster security. This aligns with Vitalik Buterin’s advocacy for a holistic approach to recovery, where a flexible set of at least three recoverers or “guardians” can be designated, ranging from personal connections to institutions.

Lukas Schor, co-founder at Safe, commented, “With this solution, rather than face a binary choice between a self-custody or custodial experience, users are empowered to optimize a key recovery solution to fit their personal risk preferences. This user-driven module, where account holders dictate the terms of asset management themselves, is unprecedented both in the crypto industry and traditional finance, marking a new milestone in the path towards financial sovereignty.”

Thomas Eichenberger, Chief Product Officer, Sygnum Bank, added, “As the market for self-custody expands and new use cases emerge, there is a growing need for reliable institutional recovery solutions. For individuals holding valuable digital assets, complementing self-custody with additional safeguards provides a balance between the desire for financial sovereignty and the need for risk management. This partnership to build a dynamic and secure recovery solution reflects our commitment to meet the evolving needs of institutional investors.”

Morgan Williams, Head of Product at Coincover, added, “This collaboration serves a twofold purpose: first, to meet the complex needs of existing crypto users; second, to create a foundation for newcomers from diverse backgrounds. Our goal is to establish a flexible recovery solution that adapts to users’ changing values, enhancing the security and inclusivity of the digital asset environment.”

Safe{RecoveryHub} will be available to all Safe{Wallet} users from today, while solutions from partners will be launched in the first half of 2024.

About Safe

Safe (previously Gnosis Safe) is an onchain asset custody protocol, securing ~$54 Billion in assets today. It is establishing a universal ‘smart account’ standard for secure custody of digital assets, data, and identity. With Safe{Wallet}, it’s flagship web and mobile wallet and Safe{Core} account abstraction infrastructure, Safe is on a mission to unlock digital ownership for everyone in web3 including DAOs, enterprises, retail and institutional users.

About Sygnum

Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenisation and B2B services.

In Switzerland, Sygnum holds a banking licence and has CMS and Major Payment Institution Licences in Singapore. The group is also regulated in the established global financial hubs of Abu Dhabi and Luxembourg.

We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals are building a trusted gateway between the traditional and digital asset economies that we call Future Finance. To learn more about how Sygnum’s mission and values are shaping this digital asset ecosystem, please visit www.sygnum.com

About Coincover

Blockchain technology is changing everything. However, it brings its own set of unique risks. Coincover exists to ensure everyone is protected, enabling them to innovate freely, without constraints.

Coincover provides a complete blockchain protection solution, addressing the most significant barrier to mainstream adoption: trust. Our protection solutions ensure that access and assets are never lost.

Founded in 2018 and backed by leading investors, Coincover protects over 350 of the biggest names in blockchain, keeping them and their customers safe from theft, hacking, and human error.

Visit www.coincover.com for more information.

Morgan Williams, a seasoned blockchain professional and current Web3 Product Director at Coincover. Holding an MBA specialized in adoption and innovation in Web3, he has over a decade of experience in the industry.

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Curvance Raises $3.6M in Seed Round from Over 20 DAOs and DeFi Builders including Offchain Labs and Wormhole

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Curvance introduces a new, efficient approach for users to yield farm and maximize yield on their DeFi investments

Curvance, a full-service omnichain money market for yield-bearing, LSDfi, tokenized treasuries, and primitive assets, announces the close of a $3.6M seed round supported by Offchain Labs, Wormhole, prominent angel investors including Polygon Co-Founder Sandeep Nailwal, and core contributors from Scroll, Mantle, Eigenlayer, GMX, Curve Finance, Convex Finance, Balancer, Aura Finance, and Pendle Finance. Decentralized Autonomous Organizations (DAOs) such as Frax Finance and others also contributed to the round.

Founded in 2022, Curvance is the “everything app” for lending and borrowing, providing decentralized finance (DeFi) users with an all-encompassing way to manage any of their assets, eliminating fragmentation and barriers to entry in the ecosystem.

“Curvance will give users of any blockchain an easy route to participate in Polygon DeFi, with the potential to make onboarding easier than ever. As DeFi on Polygon zkEVM and Polygon CDK continue to gain momentum, reducing friction into DeFi opportunities is more powerful than ever,” says Sandeep Nailwal from Polygon.

By tapping into omnichain infrastructure, Curvance is able to support Ethereum, as well as numerous partner chains simultaneously such as Arbitrum, Optimism, Scroll, Base, and Polygon zkEVM. Curvance’s cross-functional omnichain design unlocks capital efficiency not possible prior, working in tandem with Decentralized Exchanges (DEXs) like Curve, Balancer, Velodrome, GMX, Pendle, and other assets such as Liquid Staking Derivatives (LSDs).

“With this funding round, Curvance will be able to expand on its value proposition of bringing forward a more approachable money market experience for both DeFi newcomers and experienced yield farmers and traders alike “ says Curvance Co-Founder, Chris Carapola. “We are excited to have attracted a group of investors who bring incredible experience and are ready to work with us toward our shared vision.”

Carapola says the raised capital will be used to continue Curvance’s operations costs, support continued security audits, as well as maintain and hire more in-house talent for the project.

“When we started looking for funding, we chose to talk to our partners first, instead of just going to venture capital firms,” commented Curvance Co-Founder Michael Butcher. “This way, we ended up with a group of investors who care about our long-term success. We’re happy with how it turned out and can’t wait to launch Curvance on testnet soon.”

About Curvance

Curvance is a full-service omnichain money market for yield-bearing assets. Users can collateralize, leverage, and boost asset rewards across DeFi, with optimal efficiency, and consolidate DeFi yield across various assets such as AMM LPs, Perpetual Exchange LPs, interest-bearing stablecoins, and more, in one user interface.

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3iQ Launches Crypto Hedge Fund Platform for Global Institutional Investors, Expanding Into Active Management

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3iQ Digital Assets (US), subsidiary of 3iQ Corp., one of the world’s leading digital asset managers, today announces a significant advancement in the digital asset management space. The company has launched the industry’s first comprehensive suite of crypto hedge fund managed accounts through the 3iQ Managed Account Platform (QMAP). The platform will launch with $50 million of capital from 3iQ and institutional investors.

As the first platform of its kind, QMAP connects institutions with digital asset alpha strategies in a secure, transparent, and efficient framework. QMAP is led by Louis LaValle, a seasoned industry veteran with over 20 years’ experience investing in hedge funds and structuring managed accounts for institutional investors.

Louis LaValle, head of QMAP and 3iQ’s institutional investment division, says: “The shift towards active management in digital assets is evolving rapidly, and crypto hedge funds are at the forefront. We’re witnessing a repeat of the growth seen by their traditional counterparts in the late ’90s and early 2000s. Over the last decade, traditional hedge funds have seen a decline in alpha generation. Now, the trading talent and infrastructure in traditional finance is shifting towards crypto to capitalize on the market’s maturing infrastructure and structural inefficiencies. It’s a defining moment for the industry and for discerning investors to tap into unique alpha opportunities only available in digital asset markets.”

QMAP stands out as the digital asset industry’s first buy-side multi-manager hedge fund managed account platform. As opposed to sell-side investment marketplaces that typically offer a wider array of investment choices with due diligence left to the end-investor, QMAP adopts a proactive approach that incorporates a thorough process for sourcing, selecting, and approving investment strategies before making them accessible to investors. 3iQ has evaluated over 100 crypto hedge fund managers and has selected a subset of 9 as best-in-class for their consistent alpha generation and superior risk management.

LaValle added: “We’re in search of exceptional teams that have a clear, identifiable competitive edge in the market. Our criteria are stringent. We prioritize institutional pedigree, specialized expertise, exceptional operational capabilities, performance consistency and, most importantly, integrity. After an extensive due diligence process, we selected those we consider the best in their strategy categories. These managers are leveraging their decades of traditional investment experience to innovate within the digital asset markets. Many of them have extensive track records successfully navigating through multiple crypto market cycles.”

The platform offers a range of strategies, each managed by experienced crypto hedge fund professionals, including Long Biased, Long/Short, Quantitative, Relative Value, and Event Driven. The strategies available on QMAP are:

  • 3iQ Absolute Return
  • 3iQ All Weather
  • 3iQ BTC 25
  • 3iQ Digital Alpha
  • 3iQ Digital Lending
  • 3iQ ETH 25
  • 3iQ Multi-Factor
  • 3iQ Relative Value Arbitrage
  • 3iQ Systematic Alpha

QMAP’s managed account structure is an ideal fit for institutional allocators seeking multi-manager exposure. Managed accounts allow for direct control over assets, the ability to customize investment strategies, and enhanced transparency and risk management, positioning them as a practical alternative to traditional fund-of-funds, which often lack those features.

Key investor benefits of QMAP include:

  • Full operational control of assets with investment decision-making delegated to managers.
  • Real-time overview of investment risks and exposures with 100% position-level transparency.
  • Institutional-grade infrastructure that effectively minimizes counterparty and operational risk.
  • Pre-negotiated terms with managers with no double layer of fees to access the platform.
  • Options to customize investment allocation or use 3iQ model portfolios at no additional cost.

“Our objective with QMAP is to create a platform that offers attractive investment strategies while also providing the much-needed operational familiarity and trust needed in today’s digital asset landscape,” said LaValle. “Investors also have the flexibility to build multi-manager portfolios independently or leverage 3iQ’s model portfolios for allocation oversight. This makes QMAP not just a platform, but a comprehensive solution that helps bridge the gap for institutional allocators.”

For more information on QMAP, please visit: http://www.3iqcapital.com

About 3iQ Digital Assets (US)

3iQ Digital Assets (US) is subsidiary of 3iQ Corp. Founded in 2012, 3iQ is one of the world’s leading digital asset investment fund managers, offering investors convenient and familiar investment products to gain exposure to digital assets. 3iQ was the first Canadian investment fund manager to offer public bitcoin investment funds: The Bitcoin Fund (TSX: QBTC) (TSX: QBTC.U) and the 3iQ Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U), as well as public ether investment funds: The Ether Fund (TSX: QETH.UN) (TSX: QETH.U) and the 3iQ Ether Staking ETF (TSX: ETHQ) (TSX: ETHQ.U). The firm manages $592 million in assets under management (AUM) as of November 28th, 2023. To learn more about 3iQ, visit 3iq.io.

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Manta Exchange Secures Major Funding with ABCDE Labs, UOB Venture Management, C² Ventures, and Ocular

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Manta Exchange, a rising star in the cryptocurrency sector, is thrilled to announce a major triumph with the successful completion of a pivotal fundraising round. The company has attracted significant investments from industry heavyweights ABCDE Labs, UOB Venture Management, C² Ventures, and Ocular, underscoring the remarkable progress and potential for innovation within the digital asset landscape.

A Stellar Team Steeped in Success

Manta Exchange attributes its achievements to a world-class team boasting extensive experience and a proven track record. The team’s background includes pivotal roles at prominent organizations such as Baidu, Huobi, KuCoin, OKX, Game Space, LongTu Korea, Bibox, and AAX Exchange. Furthermore, the team features former CEOs and co-founders of major gaming and blockchain infrastructure companies, as well as experts in user and revenue growth, particularly within the Asian market.

This impressive array of talent ensures that Manta Exchange is uniquely positioned for success. Notably, core members of the team have played instrumental roles in the development of a new generation of deterministic contract trading systems with astonishing millisecond-level execution speeds, clocking in at less than 10 milliseconds. Their experience extends to overseeing core systems at Huobi, underscoring their expertise in creating robust and high-performance blockchain and Cryptocurrency infrastructure.

Revolutionizing the Crypto World with the Social Invest Community and Delivering High Performance with Cost-Efficiency

Manta Exchange is on a mission to reshape the cryptocurrency landscape with its pioneering vision called the Social Invest Community. This innovative concept fosters deeper connections between crypto agencies, retail and institutional investors, all while prioritizing the secure listing and trading of cutting-edge cryptocurrency projects. By introducing the Social Invest Community, Manta Exchange invites you to join an exciting journey toward a more aligned, secure, and innovative crypto trading experience.

One of Manta Exchange’s standout features is its ability to deliver exceptional performance without the burden of excessive costs. The platform is meticulously designed to offer lightning-fast trading capabilities without imposing huge fees on its users. This unique value proposition ensures that users can execute trades quickly and efficiently while keeping their costs to a minimum. Manta Exchange is dedicated to enhancing the trading experience by providing a cost-effective solution that caters to users’ cryptocurrency needs.

Safety, Trust, Efficiency, and Innovation: The Cornerstones of Manta Exchange

At Manta Exchange, safety and trust are non-negotiable principles, firmly placing the security of assets and transactions at the forefront. Robust security measures are meticulously implemented to safeguard investments, ensuring that users enjoy uninterrupted access to cryptocurrency portfolios. With a proven history of reliability, Manta Exchange stands as a bastion of trustworthiness and reliability, making it the preferred choice for secure and dependable crypto trading. But Manta Exchange doesn’t stop at safety and trust alone. The company excels in efficiency and innovation through its Research and Development (R&D) initiatives.

Committed to remaining at the forefront of the industry, Manta Exchange makes substantial investments in research and development. This unwavering dedication to innovation ensures that users have access to the latest advancements in the field. Manta Exchange’s efficient R&D processes enable the rapid integration of these advancements into the platform, providing users with the most advanced tools and features for their crypto trading requirements. This combination of safety, trust, efficiency, and innovation sets Manta Exchange apart in the crypto world, making it a leader in the industry.

Leading the Way in Copy Trading and Pioneering Innovation

Manta Exchange is at the forefront of the crypto trading landscape, setting the industry standard by offering an industry-leading copy trading engine complemented by an advanced risk management system. The platform caters to various copy trading preferences, including fixed amount, proportion-based, and algorithmic automatic copy trading. Reinforcing its commitment to providing a secure and robust trading environment. This pioneering approach sets Manta Exchange apart within the industry, providing retail and institutional investors with access to innovative tools and features that elevate their crypto trading experience. As a trailblazer, Manta Exchange is well-positioned to make a significant impact on the cryptocurrency sector, redefining how traders interact with the blockchain world.

The recent success in fundraising, supported by esteemed investors like ABCDE Labs, UOB Venture Management, C² Ventures, and Ocular, underscores Manta Exchange’s potential to revolutionize the cryptocurrency landscape. The future holds tremendous promise for Manta Exchange, and this achievement marks a pivotal moment in the project’s journey toward innovation and excellence in crypto trading.

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Interoperability layer Union Labs raises $4M to revolutionize cross-chain infrastructure

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Union Labs, the team creating a hyper-efficient, zero-knowledge interoperability layer, has successfully raised $4 million in seed funding to build the first fully trustless bridge that connects appchains, layer 1, and layer 2 networks. Capital secured is also earmarked for the expansion of Union’s seasoned team, comprised of leaders from Composable Finance; Consensys; Tokensoft; and Polygon; in anticipation of its upcoming mainnet launch. Other notable investors in the round include Lightshift and Chorus One.

Karel Kubat, Founder of Union Labs, commented: “This support signifies trust in Union and the team, while also showing strong support from the industry for projects focussed on sovereignty and decentralization: the keys to an equitable digital economy. The most prominent hacks are bridge hacks, yet bridges remain critical infrastructure for almost all projects, showing the need for better, more resilient products. It is our responsibility to innovate new ways to protect these assets and further the adoption of ZK technologies to realize a secure and interoperable, cross-chain future.”

With over $1.6 billion stolen in bridge hacks in 2022, the need for a razor-sharp bridging stack to secure the Web3 space is critical in future-proofing the industry. Developed to be the first fully trustless and censorship-resistant powerhouse enabling horizontal scalability, Union’s infrastructure layer addresses the growing need for efficient and secure data transfer and interaction between various blockchains. Its unique consensus engine allows the transfer of any asset natively to any chain and prioritizes efficiency, security, scalability, and interoperability, without relying on third parties, oracles, multi-signatures, or MPC (Multi-Party Computation). Unlike other contemporary bridging solutions, Union does not grant relayers a special authority. This way, private keys are not a target for hackers, as they cannot take control of the protocol. Instead, messages are verified using zero-knowledge proofs.

David Feiock, Founder at Galileo, commented: “Secure, reliable, cost-efficient communication between networks and dApps, facilitated by ZK infrastructure, ultimately means more use cases and more users. The advent of Union represents a watershed moment for the entire crypto industry: trust-minimized interoperability between Ethereum and IBC-connected blockchains. As a core contributor to the multichain movement, Union will unlock new, unforeseen opportunities for all Web3 users.”

Union’s ZK bridge architecture includes two key components that allow the project to enable IBC on Ethereum; CometBLS, the consensus mechanism, and Galois, the prover. CometBLS, developed by Union Labs, is an augmentation of Tendermint—a core contributor to the Cosmos network—that reduces both state growth and light client verification costs. It will replace current systems which are unequipped to adequately scale with the required amount of validators in space-restricted chains such as Ethereum. CometBLS focuses on consensus verification, emphasizing fast execution, low operational costs, and decentralized infrastructure.

Dan Elitzer, Co-Founder at Nascent, concluded: “During a period where many projects are making small iterations on existing protocols, Union Labs is building genuinely new infrastructure that enables improvements to UX and security that will be necessary for the next phase of crypto adoption.”

This investment will also support Union’s commitment to providing a user-friendly experience through its high-level API, ensuring developers from various ecosystems can easily integrate and utilize its technology. Collectively, these objectives serve as a solid springboard in helping Union Labs achieve its ultimate mission: trustless financial infrastructure.

To learn more about Union Labs, visit union.build.

About Union Labs:

Union is the interoperability layer built for the next century. Union’s trustless bridge uses zero-knowledge proofs to connect any appchains, L1s, and L2s without depending on trusted third parties, oracles, multi-signatures, or MPC. Union is building ZK solutions that remedy the cost and security issues plaguing the industry to unlock a horizontally-scaled future, where thousands of chains can permissionlessly connect, communicate, and prosper.

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Treehouse Acquires Origins to Expand Into NFT Analytics

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Treehouse, a Web3 company transforming digital assets data into actionable insights for professional investors and institutions, announced the intellectual property (IP) acquisition of Origins Analytics to bolster its non-fungible token (NFT) product offering.

Origins, an enterprise-grade NFT analytics platform, raised US$4M in 2022 and had a robust community of 10,000+ users. The company’s software utilizes both on- and off-chain data to enable experienced NFT traders, protocols, and game studios to make informed decisions.

With this acquisition, Origins’ founding team will join Treehouse to integrate Origins’ technology into its product suite, offering Treehouse clients access to popular tools such as:

  • AlphaStream: A live algorithmically tagged NFT wallet notification system
  • NFT Analytics Bots: Command-based generated NFT market analytics
  • NFT Wallet Profiling Application Programming Interface (API).

These tools will help Hyperion users understand and analyze NFT trading volumes, social sentiment, holder behavior, and more to make better NFT trading and collector decisions.

The acquisition comes amidst a bear market and increasing consolidation in the space—a testament to Treehouse’s commitment to Web3 analytics. The firm last raised US$18M in its seed round in 2021 from leading venture capital (VC) and strategic investors, including Lightspeed, MassMutual, Binance, Mirana, LeadBlock, Jump, GSR, Wintermute, and more. With a strong balance sheet, the company is currently assessing mergers and acquisitions (M&A) opportunities in its mission to become “The Most Comprehensive Digital Asset Analytics Platform.”

“Treehouse is excited to make this move into NFT analytics. This strategic acquisition underscores our commitment to our clients, many of whom have NFT exposures. Our team is gearing up to integrate Origins’ system into our flagship product, Hyperion, confident that its technology aligns with our users’ needs and paves the way for us to serve the wider NFT community. Despite the bear market, Treehouse is expanding and is actively looking to acquire synergetic businesses,” said Brandon Goh, CEO of Treehouse.

David Toh, Partner at Mirana Ventures, said, “We are proud to support Treehouse in their mission to lay the foundation for deep analytics for the future of a connected, interoperable, and increasingly complex Web3 ecosystem. The combination of Treehouse’s flagship platform, Hyperion, and Origins’ will be game-changing for the industry.”

About Treehouse

Treehouse is a digital assets data firm focused on institutional-grade portfolio, protocol, and market analytics. The company is headquartered in Singapore and backed by traditional VC and Web3 firms such as Mirana Ventures, Lightspeed, MassMutual Ventures, Binance, LeadBlock Partners, Global Founders Capital, Jump Capital, Wintermute, GSR, Coinhako, Bitpanda, Pintu, AlphaLab Capital, Pulsar Trading, Portofino, senior executives from the SoftBank Vision Fund, and more.

Hyperion, the company’s flagship product is the most comprehensive portfolio management and markets intelligence platform that provides institutional investors and professional traders with full control of their digital assets. Featuring a selection of 30+ portfolio and market widgets for personalized dashboard visualizations, the platform redefines how finance professionals monitor movements in the cryptocurrency space and analyze their portfolio risk and performance.

Visit www.treehouse.finance to learn more about Treehouse.

Social Media Channels
Twitter: @TreehouseFi
Discord: https://discord.gg/ufxhSgxBNF
Telegram Community: @treehousefi
Telegram Insights: @treehouseinsights
LinkedIn: Treehouse

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