Arkham Intelligence is funded by Binance Labs
On the evening of November 15, 2023, Binance Labs, the $9 billion venture capital arm of the world's largest crypto exchange Binance , announced an investment in on-chain data providing platform Arkham Intelligence. .
Binance's incubation unit did not announce the specific investment amount, but said that the money will be used to support the project providing detailed information and visualization tools for on-site activities. chain of the entire blockchain ecosystem.
Arkham Intelligence is an on-chain data platform that helps users track entities such as individuals, investment funds, exchanges, etc. Arkham Intelligence uses proprietary AI technology called ULTRA to Retrieve and display on-chain data of entities in the most intuitive and transparent way.
PancakeSwap launches gaming marketplace
DEX PancakeSwap has officially launched its gaming marketplace. With the new platform, projects can build, launch and update games related to crypto and NFTs.
At the same time, the project announced the two games that will be "released" first on the new platform: Pancake Protectors - developed in cooperation with Mobox and Pancake Mayor - a joint product with Binary X. Among them, Pancake Protectors debuted. in May 2023 and has attracted more than 25,000 daily active users.
PancakeSwap's marketplace platform currently supports 9 blockchains including Ethereum, Polygon zkEVM, Base, BNB Chain, OpBNB, zkSync Era, Arbitrum One, Linea and Aptos.
PancakeSwap holds nearly 15% of the DEX market share, and is the second largest decentralized exchange in the crypto market, only after Uniswap.
SEI received investment from Circle Ventures
Circle Ventures, the startup investment fund of giant Circle, has made an investment in layer-1 Sei . The above information was revealed by Sei on the evening of November 15, but did not specify the amount of capital injection.
The goal of the investment is to bring USDC to Sei, providing fast, cheap transactions globally, while enhancing liquidity in the overall cryptocurrency market.
Recently, Circle has made many moves to strengthen the USDC ecosystem, such as partnering with Noble and dYdX to facilitate the transfer of this stablecoin between blockchains; Implemented v2.2 update to optimize USDC and EURC (formerly EUROC).
Germany's top 4 banks are licensed to deposit crypto
Commerzbank AG, the 4th largest banking and financial services company in Germany, has received a license to provide crypto custody services by local regulators.
Commerzbank's new license was issued under the German Banking Act (KWG) legal framework, allowing the bank to build a series of services related to digital assets, especially cryptocurrency assets.
In the announcement, Commerzbank said its initial plan is to establish a platform that provides custody of crypto assets based on blockchain technology, ensuring safety and trust for its institutional customers but still fully comply with the regulations of the German authorities.
Commerzbank was founded in 1870 in Germany, with a history of 145 years, making it one of the oldest banks in the country. The bank currently manages assets worth more than 135 billion Euros, has offices in more than 50 countries around the world and provides nearly a third of trade finance services in Germany.
Binance Japan lists 13 more tokens
In the latest announcement, Binance Japan announced that it is preparing to list 13 more cryptocurrency tokens on the exchange on November 27, 2023. Thereby increasing the total tradable quantity from 34 to 47 - the highest number since returning to this market in August 2023.
13 tokens about to be listed include: Hedera Hashgraph (HBAR), Near Protocol (NEAR), Optimism (OP), Immutable X (IMX), Arbitrum (ARB), The Graph (GRT), Render Token (RNDR), Decentraland (MANA), EOS (EOS), GALA (GALA), ApeCoin (APE), Klaytn (KLAY) and Lisk (LSK).
Also in the announcement, Binance said that all 13 tokens mentioned above have been traded on most domestic exchanges that have been licensed and classified as meeting listing standards by the Japan Financial Services Agency (JFSA) and Japan Virtual Asset & Cryptocurrency Exchange Association (JVCEA).
SEC continues to delay BTC and ETH ETF proposals
The US Securities and Exchange Commission (SEC) has decided to delay two proposals for Hashdex's Bitcoin spot ETF and Grayscale's Ethereum futures ETF.
Both of these proposals were submitted to the SEC in September, and have a deadline for the SEC to make a decision on November 17. Thus, the US Securities Commission has decided that it wants more time to consider.
Oddly, the SEC has yet to announce a Bitcoin spot ETF proposal that also has a November 17 deadline from Franklin Templeton, but an announcement is likely to come this Friday as well.
Additionally, the SEC delaying Grayscale's Ethereum futures ETF is also strange, as the commission in October approved a series of ETH futures ETFs to launch.
The reason for this may be due to the ongoing legal dispute between the SEC and Grayscale, the company that won the lawsuit against the securities commission in August. Grayscale then also applied to convert two funds Bitcoin and Ethereum into ETF spot.
