Gus – Cryptocurrency Expert
Media reports state that Web3 wallet Omni declared in May of this year that it had closed an equity fundraising for $11 million USD at a valuation of $50 million USD. The Spartan Group, GSR Markets, Eden Block, OP Crypto, and other institutions were among the investors, as well as MEXC Ventures, a fund under MEXC.
James Stackhouse, Alex Harley and Serafin Lion Engel established Omni, which was once known as Steakwallet. It facilitates cross-chain token transfers and has built-in liquidity and staking features.
Omni has developed smart contract middleware that allows users to stake tokens over more than 20 protocols and displays NFTs depending on various technologies at this time. Omni will eventually interface with other L2 networks, including zkSync, StarkNet, and others.
MEXC Ventures is a diversified fund devoted to the digital asset, cryptocurrency investment, blockchain, and other technology industries. It is associated with the cryptocurrency trading platform MEXC. It is dedicated to assisting teams and entrepreneurs in their long-term growth and success in the blockchain sector by offering expert advisory services, financial support and technical assistance.
"The future of blockchain is an organic ecosystem where numerous L1s and L2s intertwine," said MEXC Ventures' investment manager. The wallet serves as a sort of transit hub once the user's journey across web3 begins. It is crucial that it can seamlessly interact with each chain and tier. By meeting consumer demands, Omni compensates for the flaws in its existing rivals' products. From the perspective of the user experience, it makes it easier for users to manage assets and interact with contracts on each chain.
MEXC Ventures has made investments in a variety of industries, including DeFi, NFT, GameFi, and blockchain infrastructure. Over 50 blockchain startups, including Avalanche, Mina, Qredo, Polkadot, Manta, Dorafactory, Raydium, and many more, have received funding from it.
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Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards