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AI Nov 22, 2024 3 min read

Crusoe Energy Raises $686M for AI Data Centers, Eyes $818M Goal

If successful, this latest fundraising round would bring Crusoe’s total funding to approximately $1.5 billion, combining equity and debt. In 2022, the company raised $200 million in debt, using its data center chips as collateral to acquire AI processors.

Funding Nov 21, 2024 2 min read

Folks Finance Secures $3.2M to Expand Cross-Chain DeFi Solutions

The Series A round was led by Borderless Capital, with additional support from SOVO Ventures, Mapleblock, and Algorand Ventures, among others. The funding aims to enhance Folks Finance’s ability to address liquidity fragmentation in the DeFi ecosystem, particularly through its flagship xChain application.

News Nov 21, 2024 2 min read

Big Time Studios Launches $OL Token to Boost Open Loot Ecosystem

Unlike traditional fundraising mechanisms, $OL will not involve token sales, team allocations, or early investor distributions. Instead, active users will earn the token through platform activities, including gameplay challenges, events, and unique opportunities within partner games.

Crypto Nov 20, 2024 2 min read

India Advances Cross-Border Payment Systems and CBDC Development

RBI Governor Shaktikanta Das has expressed willingness to provide technical support to countries interested in setting unified international standards for cross-border payment systems. This aligns with India's efforts to promote interoperability and efficiency in global financial transactions.

Press Release Nov 16, 2024 3 min read

SEI to Support Drift Zone to Enhance Asian Gaming Market

By building on Sei, both Drift Zone: Arena and the upcoming collectible auto-battler Drift Zone: Origins will leverage the network's 380-millisecond block finality and process up to 12,500 transactions per second to deliver Web2-like gaming experiences with Web3 benefits.