Tag: Asia

Andre Cronje’s Flying Tulip Raises $200M, Plans Ambitious DeFi Platform

By Marco Piccolo Key highlights: Andre Cronje’s new project Flying Tulip raises $200 million in seed funding, valuing the platform at a $1 billion fully diluted valuation. The platform will feature a unified DeFi ecosystem with spot trading, derivatives, lending, stablecoins, and insurance. Investors receive downside protection through an “onchain redemption right,” while the team […]

BTCC Exchange Maintains 143% Total Reserve Ratio in September 2025 Demonstrating Continued Financial Strength

By Chainwire [PRESS RELEASE – VILNIUS, Lithuania, September 17th, 2025, Chainwire] BTCC, the world’s longest-serving cryptocurrency exchange, has announced its Proof of Reserves (PoR) report, revealing a commanding 143% total reserve ratio. This report highlights BTCC’s unwavering financial strength, with every major cryptocurrency fully collateralized. Dated September 15, 2025, the PoR report demonstrates BTCC’s commitment […]