Cointime

Download App
iOS & Android

Crypto Evening Briefing: Tencent Announces Web3 Strategic Partnership With Ankr, Avalanche, Scroll, Sui

Cointime Official

Top Stories

Tencent Announces Web3 Strategic Partnership With Ankr, Avalanche, Scroll, Sui

Tencent Cloud, a subsidiary of technology company Tencent, announces to actively support Web3 developments and contribute to the sustainable development of the global Web3 community. The cloud service company has partnered with crypto platforms including Ankr, Avalanche, Scroll, and Sui for improvements in the Web3 ecosystem.

Google Cloud to Become Validator on Tezos Network

Google Cloud's corporate customers will be able to deploy Tezos nodes – a type of computer that runs a blockchain’s software to validate and store the history of transactions – in order to build Web3 applications on the network.

Binance Partners With Payments Giant Ingenico, Strengthens Position Amid Crypto Crackdown

Crypto exchange Binance and France-based payments firm Ingenico announce a strategic partnership to ease crypto payments in France.

Australian Crypto Gaming Firm Immutable Cuts Staff By 11%: Report

Australian crypto gaming company Immutable is cutting 11% of its workforce, according to a report by The Sydney Morning Herald.

Sam Bankman-Fried Fights Subpoena for Remote Deposition

Lawyers for Sam Bankman-Fried oppose a subpoena that would require the former FTX CEO to participate in a remote deposition. They are asking a federal judge to block the subpoena.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,076.66 USD, dropped by 2.40% in the last 24 hours;

ETH’s live price is $1,643.62 USD, dropped by 1.98% in the last 24 hours;

BNB’s live price is $308.18 USD, dropped by 1.56% in the last 24 hours;

XRP's live price is $0.3913 USD, dropped by 0.29% in the last 24 hours.

Fundraising News

KKR-Backed Philippine Fintech Firm Maya Weighs Raising Fresh Funds, Sources Say

Maya, a financial technology firm in the Philippines, is considering raising about $150 million from investors to boost its growth, according to people familiar with the matter.

Hong Kong To Invest US$6.37 Million To Spur Web3 Growth

Hong Kong is allocating HK$50 million (US$6.37 million) to develop its Web3 sector, the special administrative region’s Financial Secretary Paul Chan announced Wednesday during his annual budget speech at the Legislative Council.

Awaken Completes $500K Seed Round Led by Hong Kong Incubator TopoStation

Awaken has completed a $500K seed round led by a HongKong Web3 incubator TopoStation and other well-known investors . Awaken is a story-driven NFT Project led by a couple of young artists in Japan, creating new content to introduce more Web2 Artists to join Web3 space.

Get the latest news here: Cointime channel — https://t.me/cointime_en

Comments

All Comments

Recommended for you

  • U.S. consumer confidence improves again in November, reaching a two-year high

    Dana M. Peterson, Chief Economist of the World Large Enterprises Federation, said, "US consumer confidence continued to improve in November, reaching the highest level in the past two years. The growth in November was mainly due to consumers' more positive assessment of the current situation, especially in the labor market. Compared with October, consumers' optimism about future employment opportunities has also greatly increased, reaching the highest level in nearly three years. At the same time, consumers' expectations for future business conditions have not changed, while their optimism about future income has slightly declined." Earlier, the US Conference Board Consumer Confidence Index for November recorded 111.7, a new high since July 2023.

  • Starknet: Phase 1 of STRK staking is now live on the mainnet

    Starknet announced that the first stage of STRK staking has officially launched on the mainnet.

  • CZ: Not trying to end the meme craze, just encouraging more builders

    CZ posted on X platform today, saying: "I am not against Meme coins, but Meme coins have become 'a little' strange now. Let's use blockchain technology to build practical applications." Some community users said that even Musk is a supporter of Meme coins, and it is very difficult to end this frenzy. CZ responded that "there is no attempt to end anything, everyone has the right to choose to invest or hold what they want. Just encourage more builders."

  • Talus Network Completes $6 Million Strategic Round of Financing with a Valuation of $150 Million

    decentralized AI protocol Talus Network raised $6 million in a strategic financing round led by Polychain Capital, valuing the company at $150 million. This funding will help further develop the Talus ecosystem, including the Protochain, Nexus framework, and "AI dating experience" application.

  • AXIOS: Trump is considering appointing a secretary of state for artificial intelligence

    according to AXIOS, Trump is considering appointing an AI minister to coordinate federal policies and government use of emerging technologies.

  • Coinbase International has launched COW perpetual contracts

     Coinbase International has launched COW perpetual contracts. COW-PERP market limit, market, stop loss, and stop loss limit orders are now all available.

  • Schuman Financial Completes $7.36 Million Seed Round, Led by RockawayX

    Schuman Financial has completed a $7.36 million seed round of financing, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures. In addition, Schuman Financial has launched a euro stablecoin, EURØP, which complies with the MiCA standard.

  • QCP: BTC's path to $100,000 has stalled, and ETH implied volatility has turned to put options

    QCP Capital has published an analysis indicating that the recent drop in the price of Bitcoin has resulted in long liquidations exceeding $430 million. This drop coincides with the end of five consecutive days of net inflows for spot ETFs, which recorded a outflow of $438 million on Monday, while MicroStrategy fell by 4.4%. With the US holiday approaching and no immediate catalyst to push prices higher, BTC's path towards $100,000 has stalled. In addition, the implied volatility of ETH has turned to bearish options rather than bullish options, and market concerns about downside risks may intensify, especially with the release of the FOMC meeting minutes and PCE data. However, in the long run, this market decline is not an excessive correction. Bitcoin has only retreated to last week's level. Since Trump's election, the market has become extremely overbought and leveraged, so a pause is inevitable.

  • Binance will delist GFT, IRIS, KEY, OAX, and REN

     Binance will delist the following trading pairs on December 10, 2024: GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. Additionally, Binance Futures will close all positions and automatically settle the KEYUSDT and RENUSDT USDⓈ-M perpetual contracts on December 3, 2024 at 09:00 (UTC). After the settlement is completed, the contracts will be delisted.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.