zengo

According to The Block, the on-chain perpetual contract exchange Extended announced the completion of a $12.5 million strategic financing round. This round was led by multi-asset trading platform eToro, with participation from Jump Crypto.It is reported that this investment is closely related to eToro's earlier acquisition of the self-custody wallet Zengo this year. eToro stated that both parties will work together to expand access to global financial markets through next-generation on-chain infrastructure and explore integration opportunities between traditional financial assets and decentralized trading environments.Extended was founded by former Revolut employees and is built on StarkWare's scaling engine StarkEx, which is set to launch by the end of 2024. Currently, eToro is integrating Zengo's multi-party computation (MPC) based non-custodial wallet technology into its brokerage platform to further expand its digital asset technology ecosystem.

According to the Wall Street Journal, trading and investment platform eToro announced the acquisition of self-custody crypto wallet provider Zengo, with the specific acquisition amount undisclosed.The acquisition aims to combine eToro's global multi-asset platform and distribution channels with Zengo's non-custodial wallet technology, supporting Zengo's next phase of growth while expanding eToro's digital asset capabilities.

According to PR Newswire, MoonPay Ventures announced a strategic investment in the cryptocurrency wallet Zengo Wallet to deepen the collaboration between the two parties in the field of digital asset payments.MoonPay will exclusively serve as ZenGo's payment provider, enabling users to more easily convert between fiat and cryptocurrency. This investment aims to enhance the user experience of ZenGo and expand MoonPay's influence in the Web3 ecosystem.

ChainCatcher news, according to official news, Tether announced a strategic investment in the self-custody crypto wallet Zengo Wallet to enhance global stablecoin adoption. This investment will enable Zengo to support Tether stablecoins in major blockchain ecosystems, with the specific investment amount not yet disclosed.

ChainCatcher news, according to The Block, crypto wallet Zengo has announced the acquisition of the stablecoin-focused digital wallet Minke, with the specific acquisition amount not disclosed.It is reported that Minke was founded in Australia in 2021, and at its peak, this self-custody wallet had around 50,000 users. As part of the deal, Zengo aims to onboard Minke's users to its own platform and increase its current user base of over 1 million.

ChainCatcher news, according to The Block, cryptocurrency security and wallet provider ZenGo plans to raise $10 million in Series A expansion financing through convertible bonds at a valuation of $100 million, the same valuation as ZenGo's Series A financing two years ago, and hopes to conduct Series B financing later this year.According to cryptocurrency data platform RootData, ZenGo announced the completion of $20 million in Series A financing in April 2021, led by Insight Partners, with participation from cryptocurrency funds Distributed Global, Austin Rief Ventures, Benson Oak, Samsung Next, Elron, Collider Ventures, FJ Labs, and others. (Source link)

ChainCatcher news, the crypto security and wallet provider ZenGo has launched a solution EIP-6384 to address the increasingly serious issue of offline signature exploitation. Such exploits have led attackers to deceive users into signing hard-to-read wallet messages to steal crypto assets and NFTs.It is reported that the EIP-6384 proposal aims to make offline signatures both secure and easy for users to read. By building on the existing offline signature standard EIP-712, ZenGo has added a view-only feature for smart contracts that transforms messages into a readable format.By implementing EIP-6384, all Ethereum smart contracts will take on the responsibility of providing clear explanations for messages, thus maintaining a free transaction experience for decentralized applications. This change will enable wallet users to receive clear and understandable descriptions of the messages they are asked to sign, allowing them to make informed decisions when signing transactions. (source link)

ChainCatcher news, cryptocurrency wallet ZenGo published an article stating that while researching support for Polygon, it discovered that the official cross-chain bridge contract of Polygon has approximately $27 million more assets on the Ethereum side compared to the Polygon side.ZenGo stated that this may be due to the need for manual claiming of cross-chain tokens after transferring from Polygon to Ethereum via the official cross-chain bridge, but many users did not execute the claiming operation. Among them, addresses starting with 0x0076 transferred over 812 WETH and over 54 WBTC (total value exceeding $2 million) from Polygon to Ethereum but did not claim on the Ethereum side. (Source link)