ZyCrypto

On Friday, the UK Financial Conduct Authority (FCA) revealed that only 41 crypto firms had passed its regulatory approval scrutiny out of 300 applicants. The 300 companies in the UK had tendered applications as part of an ongoing process towards regulating and standardizing the fledging financial sector.

Director of Markets for the FCA, Sarah Pritchard, described the findings as worrisome, adding that it had referred a significant number of defaulters who “lacked appropriate knowledge, skills and experience to carry out allocated roles and control risks effectively” to law enforcement agencies for possible financial violations.…

RedPill, a blockchain development studio, is excited to announce a private funding round for their latest release, TrainCraft, a new game combining NFT and GameFi.

The RedPill team hopes to raise $2,490,000 in this initial funding round. TrainCraft follows RedPill’s successful launch of the in-development metaverse game Chimeras. Chimeras is a mobile NFT-based game that has gained support from industry-leading companies and top crypto funds.…

The U.S. Air Force (USAF) has chosen SIMBA Chain, a leading provider of enterprise blockchain solutions, for a $30 million STRATFI, continuing a string of recent projects the company has completed for the USAF.

The USAF STRATFI is concentrated on locating and developing technologies that may ensure its continued dominance. The development and implementation of blockchain applications in supply chain management will be the primary focus of the $30M investment, which represents a significant budget increase compared to earlier blockchain initiatives.…

The 2023 roadmap from Biswap includes several suggested upgrades and improvements. Details about a new AMM, route optimization, and perpetual trading are included.

By allowing liquidity providers to accumulate capital over shorter price intervals than from 0 to infinity, a new AMM protocol with concentrated liquidity will improve capital use efficiency and give users more profitable exchange conditions with less slippage.…

Super Protocol, the creator of the Web3 confidential computing platform, and Gcore, the global leader in public cloud and edge computing services, have announced a partnership that will extend the capabilities of the Super Protocol ecosystem of confidential computing providers.

Super Protocol has delivered a foundation for its platform in less than a year, thanks to the work of developers with experience in enterprise-grade solutions and experts in the data protection industry.…