The TON Accelerator Program
The TON Accelerator Program has announced as of the 22nd of May 2023 that it will allocate up to $25 million this year to projects that have the potential to make a significant impact on the expanding TON Ecosystem. The capital will be provided by TONcoin.Fund, a $250 million TON-based fund dedicated to supporting founders, […]
Regulation is key to crypto’s reputation and adoption: Dubai can lead the way
Dubai is leapfrogging competitors in its forward-facing regulatory framework The reputation of the crypto ecosystem is inextricably tied to institutional regulation and Dubai seems to be leapfrogging through progressive policies to protect investors and incentives for entrepreneurs. Crypto has been on a rollercoaster ride over the last decade, with the value of coins and tokens […]
Cypher Capital leads $1.5 million seed funding for Megaton Finance to drive DeFi growth on The Open Network (TON)
TONcoin.Fund, the main incubator and accelerator for The Open Network (TON), a novel platform which unites all blockchains and Web2 Internet into a single open network, has successfully led a $1.5 million seed funding round for Megaton Finance, an Automated Market Maker Decentralized Exchange (AMM-DEX). The successful completion of the seed funding round recognises Megaton […]
Cypher Capital invests in Wallchain
Cypher Capital, a Dubai-based multi strategy venture capital firm announced the completion of a six-figure investment into Wallchain, a solution for businesses in the short term and individuals in the longer term that provides protection against unfair practices used by miners to extract value and capture arbitrage profits generated from DeFi transactions. The investment will […]
