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Gold-crypto hybrid derivatives hit the market

0xMain
May 9, 2023

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The world’s first gold-crypto hybrid derivative product has been introduced, offering investors exposure to both gold and digital assets. The lines between traditional and digital assets are blurring as the global financial landscape continues to evolve. In response, a new breed of hybrid...

GDAC hacked for millions of dollars, INNODEX, a decentralized hybrid DEX, is hack-proof

0xMain
April 12, 2023

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Cryptocurrency exchange GDAC was hacked and cryptocurrencies worth nearly KRW 20b stolen. This amount accounted for about 23% of the assets held. On April 10, at 5 PM, GDAC broke the news saying: “on April 9, 7 PM (local time), there was a...

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Franklin secures $2.9m for hybrid crypto-cash payroll services

0xMain
April 4, 2023

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Franklin, a company offering tax-compliant hybrid crypto and cash payroll solutions for businesses, has raised $2.9 million in a seed funding round led by gumi Cryptos Capital and CMT Digital. Franklin offers hybrid crypto and cash payroll services compliant with tax regulations for...

Crypto venture capitals focus on DeFi as INNODEX builds a hybrid, decentralized exchange

0xMain
March 20, 2023

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While concerns over the banking crisis in the United States, following the bankruptcy of Silicon Valley Bank (SVB), have not subsided, distrust in the traditional financial system appears to support crypto assets. On Mar. 15, Galaxy Digital CEO, Mike Novogratz said with the...