Web3oclock

  Freedx , a newly launched cryptocurrency exchange, has successfully raised $50 million in a funding round aimed at enhancing its trading platform and expanding global operations. The investment of its equity fund reflects strong investor confidence in the vision of providing a user-friendly, transparent, and efficient trading experience. The platform is designed to bridge the gap between institutional-grade trading tools and accessibility for retail traders offering advanced features such as optimized order routing, real-time analytics, and high-speed execution. Regulatory Approvals and Global Expansion: Freedx has secured regulatory compliance permissions in Panama and obtained a BTC license in El Salvador, marking key milestones in its compliance and expansion strategy. The exchange aims to establish itself as a globally compliant trading platform by ensuring a secure and transparent environment...

  A Chinese artificial intelligence ( AI ) model called DeepSeek has taken the tech world by storm, soaring to the top of Apple ‘s App Store downloads and shaking up the global AI industry. Its rapid rise has caught the attention of investors, AI experts, and even political leaders, triggering shifts in financial markets and raising questions about China’s growing dominance in AI development. The latest version of DeepSeek was released on January 20, 2025 , it has been making waves among AI professionals and immediately drew the entire tech industry into its spotlight. Today, it is a global phenomenon, triggering debates on innovation, competition, and the future of AI. Even U.S. President Donald Trump had a word on this matter, describing its success as a “wake-up call” for American companies, which should pay more attention to competing and winning in the AI space. Why is DeepSeek so special? What makes DeepSeek stand out is its cost-effective approac...

  Analog , a blockchain interoperability protocol, has raised $5 million in new funding at a fully diluted valuation of $300 million as it prepares for its token launch on February 6. The round drew investors, such as Foresight Ventures , Gate Ventures , BackerDAO , and Black Label Ventures. The venture arm of Black Label Media saw its very first crypto investment in the deal. Frax Finance founders Sam Kazemian, Molly Smith, and Black Label Media co-founders Thad and Trent Luckinbill, who also happen to be angel investors, supported the funding. Highlighting Analog’s innovation, Thad Luckinbill stated, “The proof-of-time mechanism is a paradigm shift that merges scalability with security, placing Analog at the forefront of decentralization.” The round was started in November and closed this month. This takes Analog’s total funding to $21 million, 150% over its valuation at last year’s $120 million round. What is Analog? Analog ...

  Trump Media and Technology Group (TMTG), which owns Truth Social, saw its stocks pop by more than 7% on Wednesday after revealing plans to unveil financial services and FinTech brand Truth.Fi. The company’s board has also sanctioned an investment of up to $250 million via Charles Schwab to diversify cash, valued at over $700 million at the end of last year. Expanding into Finance and Cryptocurrency : The Florida-based firm plans to allocate these funds into exchange-traded funds ( ETFs ), separately managed accounts (SMAs), Bitcoin , and other cryptocurrencies . The SMAs will be developed in partnership with Charles Schwab, which will offer strategic advice on TMTG’s investment strategy. This move comes after Donald Trump’s return to the White House in November, alongside the election of several pro-crypto lawmakers. The political shift has added to the uptrend in the prices of Bitcoin and other cryptocurrencies. During the campaign, Trump ...

  The cryptocurrency sector saw a significant boost in fundraising activity this week reaching $382 million. World Liberty Financial emerged as the standout player among the various projects. The company raised a record-breaking $300 million in a public sale during its first year of operations. Trump’s DeFi account accounted for a staggering 79% of the total funding. The company also linked it to the Trump Family in March. Record-Breaking Fundraising Success of World Liberty Financial: Picture Courtesy: Crypto Fundraising According to data from Crypto Fundraising World Liberty Financial’s public sale of $300 million has positioned it as a trailblazer in the DeFi ecosystem. built on the Ethereum blockchain, WLFI aims to revolutionize financial systems by providing decentralized lending and borrowing solutions. The significant funding reflects growing institutional confidence in decentralized finance and reinforces the industry’s potential t...

  Leap, a full-stack international student mobility platform, has raised $65 million in a mix of primary and secondary equity led by Apis Growth Markets Fund III and Apis Global Growth Fund III. Other investors who have invested in this round include existing investors Owl Ventures , Jungle Ventures , and Peak XV Partners . Entrackr was the first to report on Leap’s upcoming funding in July last year. While the company did not disclose its valuation, it was reportedly seeking a valuation of over $1 billion in this round. The Bengaluru and San Francisco-based firm last raised $75 million in its Series D round at a valuation of $850-900 million. This funding brings the equity raised since its inception in 2019 to over $200 million. It operates LeapScholar , LeapFinance , GeeBee , and Yocket , runs an online community for study-abroad aspirants. It offers a range of services, including test preparation (IELTS, TOEFL, SAT), admissions and visa counseling, and financ...

  Bitget , one of the leading cryptocurrency exchanges and Web3-focused platforms, has announced its support for Jambo , a pioneering decentralized mobile network, in its efforts to raise $5 million. This fundraising initiative is part of Jambo’s broader mission to revolutionize the mobile space by leveraging blockchain technology and Web3 principles. Jambo, a project designed to connect the gap between mobile technology and DeFi by enabling an ecosystem where Web3 capabilities are deeply integrated into everyday mobile usage, has been recognized as the world’s largest on-chain mobile network. Jambo has raised funding that would allow it to speed up growth and further strengthen its offerings – an array of tools that users can use seamlessly with decentralized applications (dApps), cryptocurrencies, and NFTs from the comfort of their mobile devices. Bitget’s LaunchX and Its Role in Jambo’s Fundraising:  The support for Jambo from Bitget comes in...

  BeraTone , an innovative gaming project blending life simulation and blockchain technology, has successfully raised $2 million in a seed funding round. Animoca Brands led the round, while contributions came from SNZ Holding , Citizen X , Avid3 , Metazero Capital , Digits, TheCryptoDog , CBB0FE , Santiago Roel, The Rollup , Tong, MetaverseHQ , Yat Siu, Jani, Raito, Beartic, wassielawyer , Scott, Sina, and a bunch of enthusiastic angel investors passionate about gaming and blockchain. Speeding Innovation: The funds will help in the development of BeraTone as well as its team and feature addition. As the flagship gaming project on Berachain, BeraTone encourages players of different genres to join this engaging yet accessible platform. The project will also explore the integration of Berachain’s Proof of Liquidity (PoL) consensus into a high-quality gaming experience. Expert Team at the Helm: BeraTone features a multidisciplinary team of DeFi -native ...

  Panama, Panama, January 10th, 2025, Chainwire : Web3 gaming will bring mass adoption into the blockchain, but the complexity of onboarding processes and unsustainable growth models have gotten in the way. Miniapps on Telegram proved very promising but lacked depth in the gameplay and robust on-chain integration. The SEED team is here to solve this gap: engaging gameplay along with seamless integration with blockchain. A Strategic Partnership for Web3 Gaming Innovation: SEED has secured a strategic investment from the Sui Foundation , which is dedicated to advancing the Sui blockchain, to revolutionize the Web3 gaming landscape. SEED and Sui are committed to building a sustainable, scalable, and innovative on-chain gaming ecosystem that can attract 100 million users. The collaboration will help create a model for the future of Web3 games, raising the bar for gameplay, accessibility, and on-chain function...

  Cryptocurrency has revolutionized the way we think about money, investment, and transactions.  It has taken the whole financial world by a huge storm. In this blog, we will dive into the world of crypto, from where it all started to recent trends. Whether you are a beginner or an experienced crypto enthusiast, this blog will help you get more details of the thrilling world of cryptocurrency! 1. Introduction to Cryptocurrency:  Picture Courtesy: india.com Cryptocurrency is a digital currency that has no physical appearance and is secured through cryptography. Unlike government currencies like dollars, euros, and others, cryptos are decentralized. They operate on a peer-to-peer network without a central authority. The process makes them resistant to control and censorship. The best example of a cryptocurrency is Bitcoin . There are several other examples of virtual currencies, numbering up to thousands. A Brief History & Evolution of Cry...