Huobi Global Launches Investment Arm Named Ivy Blocks to Focus on DeFi, Web 3 Projects

Huobi Global Launches Investment Arm Named Ivy Blocks to Focus on DeFi, Web 3 Projects

ByNews Polite

Huobi Global, one of the largest trading platforms in the world by volume, has launched a new venture capital arm aimed at investing in upcoming blockchain, Web 3 and decentralised finance (DeFi) projects. The spinoff is called Ivy Blocks, and has over $1 billion (roughly Rs. 7,770 crore) in assets…

Indonesian Crypto Exchange Pintu Raises 3 Million in Series B Funding

Indonesian Crypto Exchange Pintu Raises $113 Million in Series B Funding

ByNews Polite

Indonesian cryptocurrency exchange, Pintu has raised $113 million (roughly Rs. 878 crore) in its Series B funding round. Intudo Ventures, Pantera Capital, and Northstar Group all participated in the funding round with previous investor Lightspeed Venture Partners also participating in the round. With the new infusion of capital, the start-up…

Robinhood Launches New Non-Custodial Web 3 Wallet to Rival MetaMask, Coinbase

Robinhood Launches New Non-Custodial Web 3 Wallet to Rival MetaMask, Coinbase

ByNews Polite

US-based stock trading and investing major Robinhood has announced that the company is building a non-custodial wallet that will allow its customers to have total control of their crypto in Web 3. Robinhood said that this new multichain Web 3 wallet will launch as a standalone app. Customers will be…