News

According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that CumberlandDRW may have joined the ranks of WLFI market makers. Two hours ago, it received 10 million WLFI (approximately $2.05 million) from BitGo, and there have been frequent small on-chain interactions in the past 24 hours. In addition, Cumberland is also one of the market makers for the TRUMP token. If confirmed, WLFI now has three market makers: DWF, Jump, and Cumberland.

ChainCatcher reported that the blockchain-based Mecca ecosystem has secured a strategic investment of $8 million from a consortium of global investors, including Gemhead Capital, Alpha Capital, BD Ventures, and several well-known Asian family offices. This round of financing took place in a market environment where venture capital in the blockchain sector remains cautious. Mecca aims to pioneer the next generation of financial and payment ecosystems, with core principles encompassing a sustainable, reward-driven financial model, a transparent participant-centric revenue structure, and an environmentally conscious blockchain framework. Its design is scalable and meets the demands of the Fourth Industrial Revolution to achieve seamless cross-industry integration. The Mecca decentralized application (DApp) payment solution, based on Solana, is expected to launch in the coming months. The platform will support both online and offline transactions, embedding Mecca tokens into real-world payment systems to enhance utility. Currently, Mecca plans to use the raised funds to accelerate development, strengthen its technological foundation, and drive innovation in the blockchain industry.