Entrepreneur News Network

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

NFT Oasis Teams Up with Vatom to Enable the Next Generation of the Metaverse

NFT Oasis announced that they have selected Vatom as their strategic partner in building the future of their Metaverse-as-a-Service (“MAAS”) ecosystem. This move marks a major milestone in the Web3 industry, combining the strengths of NFT Oasis, a leading publisher of immersive Metaverse experiences, and Vatom, which operates the world’s first enterprise-ready Web3 SaaS platform. Vatom … Read more

Web3.0 infrastructure provider Zeeve expands its cloud stack integrating Google Cloud

Zeeve, the leading provider of managed Web3 infrastructure for enterprises has enabled support for Google Cloud Platform (GCP) for all their existing products. This grants users the option to choose from a host of cloud providers, including GCP, in order to meet their enterprise-grade infrastructure needs. They will get access to full, archive, and validator … Read more

India’s 1st Web3 App Store, Dapps, Raises Pre-Seed Funding

Dapps, India’s first app store exclusively for web3 apps, announced that it has raised pre-seed funding from industry stalwarts like Shardeum founder Nischal Shetty, Anshul Dhir – Founder, EasyFi, Ajeet Khurana – Marquee angel investor, Keyur Shah – ex-CFO, Polygon, Prasoon Aggrawal – Founder, Born to Die, Saurabh – Prominent influencer – CryptoDaku, Bharat Verma … Read more

Crypto Exchange Bitget records 200% growth in India in 2022

Leading cryptocurrency exchange Bitget has recorded over 200% growth for digital assets’ trading volumes in the India market since its launch in early May ’22. With over 8 million users worldwide, Bitget has managed to capture a significant share of the South Asian market resulting in increased registrations from retail users. Bitget’s performance has accelerated … Read more

CoinSwitch unveils new brand identity ahead of wealth tech foray

CoinSwitch, the Crypto investing app, has revealed an all-new brand identity, which includes a new logo, colours, font, and a refreshed mobile app. The company is on its way to becoming the first Indian crypto company to diversify into other asset classes as part of its mission to make money equal for all. The brand-new … Read more

NF3 raises US$1.65M seed funding for NFT swaps and financing marketplace

NF3, a community-first NFT swaps and financing marketplace, announced today that it closed a US$1.65 Million seed funding round. The round is led by Infinity Ventures Crypto and Spartan Group and supported by DWF Labs, and Saison Capital. Angel investors include Neil Gomes, EMEA Head of Fintech at Softbank, David Chreng, Founding Partner at LeadBlock and Bitmex Co-founder Arthur Hayes. NF3 was … Read more