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Daily News Summary 12/7

July 12, 2024 Tóth Balázs
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Animoca Brands Becomes Core Blockchain Validator

Core, a Bitcoin-based layer 1 blockchain designed for EVM-compatible smart contracts, announced today a partnership with Animoca Brands, naming the company as a validator for the blockchain. Additionally, they will collaborate to facilitate the integration of dApps into the network to promote BTCfi innovation.

SEC Drops Investigation Against Stacks Developers

The U.S. Securities and Exchange Commission (SEC) announced that it is dropping its three-year investigation into blockchain software developer Hiro Systems (formerly Blockstack), which raised $70 million through token sales between 2017 and 2019. Blockstack launched the first version of its Bitcoin layer 2 network, Stacks, along with its STX token, in 2018.

New Telegram Game Craze with Pixelverse

Pixelverse, shortly after launching its Telegram-based crypto game, has raised an additional $2 million from venture capital investors such as Galaxy Interactive, Crit Ventures, and Arc Community. With a total backing of $7.5 million, the developers promise to expand with multiple product lines to ensure long-term sustainability. The game ecosystem plans its token generation event (TGE) for this summer.

Partior Fintech Company Secures Over $60 Million

Blockchain payment startup Partior announced the completion of a Series B funding round, securing over $60 million led by Peak XV Partners (formerly Sequoia Capital India & SEA). New investors, including Valor Capital and Jump Trading, joined existing backers like JPMorgan, Standard Chartered, and Temasek. The fresh capital will help the company enhance its blockchain-based interbank real-time settlement and clearing system.
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