SendingLabs Raises $20M to Revolutionize Decentralized Communication

SendingLabs secured an additional $7.5 million in funding, bringing their total seed round funding to $20 million, to build a decentralized communication network. Drift Protocol will launch its DRIFT governance tokens and airdrop 100 million tokens to long-term users. MANTRA will launch an incubation program at the Dubai World Trade Center to foster innovation in Real World Asset tokenization. SOAI received a US MSB license and is preparing for its token pre-sale. Cryptocurrency exchange Bitget will list Omni Network (OMNI1) and PBUX/USDT. Tether Treasury issued another 1 billion USDT on the Tron Blockchain. On-chain observer Ember reported that the 1INCH Foundation may be selling its own token (1INCH Coin) through market maker GSR Markets.

SendingLabs Secures $20 Million in Funding for Decentralized Communication

SendingLabs, a Web3 communication platform, recently announced the completion of a $7.5 million seed round, bringing its total seed round funding to $20 million. This investment is a significant milestone in the field of decentralized communication, as SendingLabs aims to rebuild the TCP/IP model on Blockchain. The platform aims to establish a decentralized communication network, consolidate wallet addresses using decentralized routers, and offer peer-to-peer communication based on wallet addresses.

Drift Protocol Unveils DRIFT Token and Announces Airdrop

Drift Protocol, a Solana-based decentralized derivatives trading platform, has announced plans to launch its governance token, DRIFT, in the coming weeks. Additionally, the protocol will distribute 100 million tokens to its users through an airdrop, with the majority of tokens allocated to long-term Drift users.

MANTRA Launches Incubation Program at Dubai World Trade Center

Security-focused Blockchain MANTRA has launched a new incubation program at the Dubai World Trade Center, aiming to foster innovation in Real World Asset tokenization in the Middle East and North Africa. Through collaboration with Virtuzone, the leading enterprise service provider in the United Arab Emirates, MANTRA will provide financial support, licensing, banking, and administrative services to selected projects. The program will offer dedicated support for projects to integrate into the MANTRA Chain ecosystem, including seed investments of $100,000 and guidance from experienced project managers.

SOAI Acquires US MSB License, Token Pre-Sale Commences

SOAI has announced the acquisition of a US MSB license, a move designed to enhance its compliance with regulations and build trust among global investors. The company also revealed plans for an upcoming token pre-sale.

Bitget Lists OMNI1 and PBUX

Cryptocurrency exchange Bitget has announced the listing of Omni Network (OMNI1) in both its Innovation Zone and Public Blockchain Zone. Trading for OMNI1 will commence on April 17th. Additionally, Bitget will list PBUX/USDT, with trading scheduled to begin on April 23rd.

Tether Issues 1 Billion USDT on TRON Network

Whale Alert, an on-chain watchdog, has reported that Tether Treasury recently printed 1 billion USDT on the Tron Blockchain.

1INCH Foundation Allegedly Selling 1INCH Coin

Ember, an on-chain observer, has raised concerns that the 1INCH Foundation may be selling its own token (1INCH Coin). According to Ember, the 1INCH Foundation transferred 6 million 1INCH Coins to market maker GSR Markets, which subsequently deposited a portion of these coins on exchanges such as Binance and Crypto.com.

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