Entrepreneur News Network

On National Startup Day: Meet the Indian Startup Turning Your Old Clothes Into a New Revolution

Mayank Singh and Ayush Saxena, founders of Tooused

As India celebrates National Startup Day 2026, one Delhi-based startup is redefining sustainability by transforming fashion waste into opportunity. Meet tooUsed, a circular economy pioneer giving your old clothes a new life — and turning them into social and environmental currency. Founded in September 2023 by Mayank Singh and Ayush Saxena, tooUsed (officially registered as … Read more

Why Most Crypto and Fintech Firms Are Focusing on the Wrong Security Metrics

In the fast-moving world of crypto, banking, and financial technology, traditional security models are no longer enough. Many companies still rely heavily on compliance checklists — audits, SOC 2, ISO certifications, and bug bounties — believing that these measures alone will keep them safe. While these controls are essential, they don’t protect against the real … Read more

Solmate Infrastructure to Acquire RockawayX, Creating a Major Institutional Player in Digital Asset Infrastructure

Abu Dhabi, UAE – Solmate Infrastructure (“Solmate”), a Solana-focused blockchain infrastructure company under Brera Holdings PLC (Nasdaq: SLMT), has signed a non-binding term sheet to acquire RockawayX in an all-stock transaction. The proposed merger is set to form one of the most prominent institutional players in digital asset infrastructure, liquidity provision, and asset management, with … Read more

FalconX Launches First Ethereum Staking Rate Forwards (FRAs) Referencing Treehouse’s TESR

FalconX, a leading institutional digital asset prime broker, has announced the successful launch of the first Forward Rate Agreement (FRA) trade referencing Treehouse Ethereum Staking Yields (TESR). This milestone marks a significant advancement in bringing rate-based financial instruments to the digital asset ecosystem. FalconX Introduces TESR Forwards for Institutional Investors The newly launched TESR Forwards … Read more

Binance and Franklin Templeton to develop digital assets initiatives and products

Binance, the world’s leading cryptocurrency exchange by trading volume and users, and Franklin Templeton, a global investment leader with $1.6 trillion in assets under management, announced a collaboration to build digital asset initiatives and solutions tailored for a broad range of investors. The firms will explore ways to combine Franklin Templeton’s expertise in the compliant tokenization … Read more

HashKey Exchange Partners with IVD Medical to Advance Enterprise Digital Asset Adoption in Hong Kong

HashKey Exchange, Hong Kong’s largest licensed virtual asset trading platform, has announced a strategic partnership with IVD Medical Holdings Limited (1931.HK), a publicly listed company on the Hong Kong Stock Exchange. The collaboration aims to drive enterprise-level digital asset adoption and explore innovative models for integrating blockchain technology with industrial capital. In a groundbreaking move, … Read more

Mega Matrix Secures $16M to Drive Strategic Expansion into Stablecoins, Eyes Institutional Treasury Integration

Stablecoin

In a significant move reflecting the maturity and institutional acceptance of stablecoins, Mega Matrix Corp. (NYSE American: MPU) has successfully completed a $16 million private placement, signaling its strategic entry into the stablecoin sector. This announcement underscores the company’s commitment to becoming a structured player in the rapidly evolving global digital financial infrastructure. Stablecoins: From … Read more

Bybit’s Latest DeFi Report Highlights Rise of Real-World Assets and DEXs as New Growth Catalysts

Bybit

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest report on the decentralized finance (DeFi) ecosystem. The report outlines a major shift in the sector, with real-world assets (RWA) and decentralized exchanges (DEXs) emerging as the primary growth drivers in 2025. Unlike the speculative DeFi Summer of 2020, the current wave … Read more

BurjX Secures FSRA License from ADGM, Launches as Fully Regulated Digital Asset Platform in UAE

BurjX Omar Abbas Co-founder & CEO (right) - Adam Ferris Co-founder & Chairman (left)

Abu Dhabi, UAE, July 22, 2025 — UAE-born digital asset trading platform BurjX has officially received its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). With this regulatory approval, BurjX becomes one of the first homegrown platforms in the region authorized for both brokerage and … Read more

CoinDCX Suffers $44 Million Cyberattack, Confirms No Customer Funds Affected

CoinDCX

Leading Indian cryptocurrency exchange CoinDCX has confirmed a cybersecurity breach resulting in the loss of approximately $44 million (INR 380 crore) from its internal treasury account. The breach, caused by a sophisticated server compromise, targeted one of the platform’s operational accounts used exclusively for liquidity provisioning on a partner exchange. According to CoinDCX cofounder Neeraj … Read more

CoinSwitch Launches Web3 Coins to Enable INR-Based Access to Over 1 Lakh Crypto Tokens

In a significant leap for India’s crypto ecosystem, CoinSwitch, the country’s largest crypto trading platform with over 2 crore users, has launched Web3 Coins, enabling users to access and trade over 1,00,000 decentralised crypto tokens directly in Indian Rupees (INR). This launch marks a milestone in CoinSwitch’s mission to simplify access to decentralised finance (DeFi) … Read more

Symmio Secures $3.1M Funding Ahead of Token Generation Event

Symmio, a leading decentralized derivatives protocol boasting over $8 billion in trading volume, has successfully raised $3.1 million in funding. This includes $2.1 million in new investments from top-tier backers such as Spartan Group, Orbs, MCLB, and Blockchain Founders Fund, alongside previous investments from renowned names like AgentChud (Messi), MS2 Capital, Gametheorizing (Selini Capital), GMoney, … Read more

BitSave Secures Pre-Series A Funding Led by Leo Capital to Enhance Crypto Investment Platform

Bengaluru-based crypto investment platform BitSave has successfully raised an undisclosed amount in its pre-Series A funding round, led by venture capital firm Leo Capital. The fresh capital will support BitSave’s efforts to secure regulatory licenses, enhance its product offerings, and boost brand awareness, positioning the company for rapid growth in the crypto investment space. Focus … Read more

CoinSwitch Ventures and GravityX Capital Launch Web3 Scale-Up Program LevitateX

GravityX Capital, an early stage web3 venture capital firm focussing on areas of Gamefi, Defi, and Core Web3 Infrastructure companies, and CoinSwitch Ventures, the investments arm of CoinSwitch, India’s largest crypto investing platform, have launched a groundbreaking Web3 Scale-Up Program called ‘LevitateX’. This strategic initiative aims to support and propel early-stage Web3 companies in the … Read more

ZYBER 365 Raises $100M in Series A Funding, Becomes Unicorn

ZYBER 365, a promising Web3 startup, has achieved a major milestone by raising $100 million in its Series A funding round, led by UK-based SRAM & MRAM Group. This significant investment has valued the startup at an impressive $1.2 billion, earning it the prestigious unicorn status, as reported by multiple media outlets. Founded in May … Read more

bitsCrunch Incentivized Testnet on CoinList Surpasses 18K Users

bitsCrunch, an Indo-German startup that specialises in AI-powered community-driven NFT data network, has recently launched its incentivized Testnet on the prestigious CoinList platform. The Testnet has already seen overwhelming support from the community, with more than 18,000 users actively participating in Task 3. This limited-time opportunity allows users to earn rewards and play a crucial … Read more

Bitget Launches Crypto Loans For Bitcoin (BTC), Ethereum (ETH) and more as a Lending Services

Bitget, top crypto derivatives and copy trading platform, has entered the rapidly expanding cryptocurrency loan sector with the launch of its native Crypto Loans product. The new offering is intended to attract a new audience of users dissuaded by traditional credit institutions and seeking alternative means of funding via digital assets. Bitget’s Crypto Loans product is based on a … Read more

MAGGI Launches their First-ever NFTs in OneRare Foodverse

MAGGI, the globally acclaimed brand from Nestle, is launching its first-ever Non-Fungible Tokens (NFTs) in the OneRare Foodverse. A leader in the culinary space, MAGGI has been at the forefront of innovation and bold experimentation for over 40 years in India. With a product loved by all age groups, MAGGI is now set to embrace blockchain technology … Read more

NFTICALLY Raises $1 Mn in Funding

NFTICALLY, a Web3 ecommerce Martech platform, has raised $1 million in an equity funding round led by Spartan Group and Polygon Ventures. The company will use the funds to expand COMEARTH, the world’s first Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem. Blockchain Founders Capital, Mafatlal family office, and Bollywood producer Subhash Ghai also participated … Read more