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Singapore stablecoin payment infrastructure company dtcpay has completed a $10 million Series A financing round, led by Vertex Ventures Southeast Asia & India.dtcpay has obtained a Luxembourg electronic money institution license to expand regulated payment services in the European Economic Area.

The Singapore-based stablecoin payment infrastructure company Dtcpay announced the completion of a $10 million Series A funding round, led by Vertex Ventures Southeast Asia & India.The company has obtained a Luxembourg electronic money institution license to expand regulated payment services in the European Economic Area. Dtcpay builds stablecoin payment infrastructure for businesses and consumers and has partnered with Visa to launch a card that connects digital finance with traditional finance. Its platform supports real-time settlement between stablecoins and fiat currencies.

ChainCatcher news, Story co-founder Jason Zhao posted on the X platform to announce the upcoming launch of the Agent TCP/IP protocol, accompanied by an image of the Story Foundation document titled "An Agent to Agent Trading System."

ChainCatcher news, according to Cointelegraph, the Singapore-licensed cryptocurrency payment platform Dtcpay has announced plans to gradually stop supporting cryptocurrencies such as Bitcoin, shifting to transactions limited to stablecoins.Its platform will gradually cease support for Bitcoin and Ethereum payments by the end of 2024. Instead, Dtcpay will transition to exclusively supporting stablecoins (such as Tether's USDt and Circle's USD Coin) as the payment method for all its Digital Payment Token (DPT) services.Dtcpay plans to complete the full transition to a stablecoin payment model by January 2025. In addition to USDT and USDC, Dtcpay will also support the reserve-backed stablecoin First Digital USD (FDUSD) launched by First Digital, as well as the stablecoin Worldwide USD (WUSD) from the Worldwide Stablecoin Payment Network (WSPN).

ChainCatcher news, according to Cointelegraph, the Bitcoin research company BTCparse recently published an article stating that a large number of Bitcoin wallet addresses were created in 2010, each holding 50 Bitcoins. These addresses were not transferred until they were "activated" for the first time in November 2019, and the article referred to them as the "2010 giant whales."The theory suggests that Satoshi Nakamoto owns these wallets and has been slowly selling off the holdings while deliberately ignoring the wallets from 2009 to avoid drawing attention. "This makes me suspect that the mysterious 2010 giant whales might actually be Satoshi Nakamoto." However, BTCparse emphasized that this is just a "theory, not a conclusion."

ChainCatcher news, according to Economy Watch, payment giant Visa announced a partnership with Singaporean crypto payment provider dtcpay to launch the Crypto-to-fiat Card.It is reported that the card is primarily aimed at ultra-high-net-worth (UHNW) individuals, allowing users to convert stablecoins and other cryptocurrencies into fiat currency using real-time exchange rates. There are plans to expand to the merchant side, and the card is expected to open for public registration in the fourth quarter of this year.

ChainCatcher news, the Web3 communication platform SendingLabs announced the completion of a $7.5 million seed round extension, bringing its total seed round financing to $20 million. This investment was completed in October last year, with participation from Nomad Capital, Symbolic Capital, Web3.com Ventures, Galxe, SWC Global, former Coinbase CTO Balaji Srinivasan, and Yield Guild Games co-founder Gabby Dizon.It is reported that SendingNetwork is building a decentralized communication network aimed at reconstructing the TCP/IP model through blockchain, utilizing decentralized routers to connect wallet addresses, establishing wallet address-based peer-to-peer communication, and reshaping internet infrastructure for better security, privacy, and user control.Decentralized communication plays a crucial role as a key component of the DePin ecosystem. SendingNetwork enhances the reliability and resilience of distributed communication infrastructure through community-hosted decentralized routers, empowering enhanced data transmission between decentralized applications (dapps) and laying the foundation for a more secure, decentralized, and scalable Web3 ecosystem.Additionally, the Web3 asset data platform RootData shows that SendingNetwork completed a $12.5 million seed round financing in February last year, led by Signum Capital, Insignia Ventures Partners, and Mindworks Capital, with participation from Lingfeng Innovation Fund (LIF) and others.

ChainCatcher news, Tether announced a grant of $100,000 to the BTCPay Server Foundation to support the development of free and open-source software (FOSS).It is reported that the BTCPay Server Foundation is dedicated to advancing financial privacy and freedom, and its open-source payment processing software allows thousands of merchants and businesses worldwide to customize and use it for free, accepting Bitcoin and Tether USD (USDt) payments (via the Liquid network).

ChainCatcher news, ICC Camp has reached a strategic cooperation with SlowMist, GSR, dtcpay, and Alchemy Pay, which will provide ecological support for ICC Camp. By integrating the resource advantages of both parties, they will jointly build a powerful global Web3 gaming ecosystem, helping outstanding startup teams in the Web3 gaming field thrive in the future.ICC Camp will officially launch the first phase of student enrollment and mentor lineup announcement on January 3, 2024. ICC Camp sincerely invites institutions, media, and communities interested in the Web3 gaming ecosystem to join the first phase of the startup camp program and share in the prosperous development of the Web3 gaming ecosystem.

ChainCatcher news, Singapore's cryptocurrency payment platform dtcpay announced the completion of a $16.5 million Pre-A round of financing. This round was led by Pontiac Land Group Chairman Kwee Liong Tek, with participation from former Carlyle Group Managing Director/Partner David Tung, BURGESS Asia Chairman Jean Marc Poullet, former McKinsey Senior Partner Tham Sai Choy, and former KPMG Singapore and Asia Pacific Chairman.The funds from this round of financing will be further invested in product development, building stronger operational/infrastructure capabilities, and expanding dtcpay's global influence. (The Business Times)

ChainCatcher news, the cryptocurrency payment provider Digital Treasures Center, which holds the MPI license from the Monetary Authority of Singapore (MAS), announced its rebranding to "dtcpay" to signify its commitment to digital payments.Kanny Lee, the new CEO of dtcpay Group, stated that the business will expand to Hong Kong in the future and will launch more fiat and digital currency trading pairs. Over 50 million Singapore dollars in transactions were processed in the first quarter of 2023.As of April 2, 2023, dtcpay has integrated WeChat Pay for merchants. (Source link)

Chain Catcher News, the German venture capital firm DTCP (Digital Transformation Capital Partners) announced that its growth equity fund GE III has completed its first round of fundraising, raising $300 million, with investors including Deutsche Telekom, SoftBank, and several pension funds, corporations, and family offices.It is reported that DTCP was founded in 2015 in Hamburg, Germany, by Thorsten Langheim and Vicente Vento, focusing on growth equity and digital infrastructure, having raised over $1 billion from corporate and institutional investors. The fund will continue to raise capital and plans to complete its entire financing round in 2023. DTCP will invest in areas such as cybersecurity, Web3, artificial intelligence, fintech, and vertical SaaS solutions, focusing on the European, Israeli, and U.S. markets. (Source link)