lemon

According to Cointelegraph, the Argentine cryptocurrency exchange Lemon has launched a Bitcoin-backed Visa credit card, allowing users to lock Bitcoin as collateral to obtain credit in pesos without having to sell their crypto assets.Users only need to lock 0.01 Bitcoin (approximately $960) as collateral to receive an initial credit limit of 1 million pesos. Lemon plans to expand the product's features in the future, allowing users to adjust collateral and credit limits, and ultimately settle dollar-denominated purchases directly using stablecoins pegged to the dollar, such as USDC or USDT.

The Argentine cryptocurrency platform Lemon Cash confirmed on December 4 that some users' names and email addresses were leaked due to a hacking incident at its external analytics service provider Mixpanel on November 9. Lemon Cash emphasized that its own platform was not attacked, and sensitive information such as users' private keys, recovery phrases, funds, and account balances were not affected.The company has sent emails to affected users, warning them to be vigilant against potential phishing attacks. Notably, OpenAI is also a client of Mixpanel and has terminated its partnership with the service provider following this incident.

ChainCatcher news, according to Fintech Futures, Argentina-based crypto fintech company Lemon has completed a $20 million Series B funding round, led by F-Prime and ParaFi, with participation from DRW Venture Capital, Van Eck, Persea VC, Alumni Ventures, and Lambda Class.The platform plans to expand into Latin American markets such as Colombia and Mexico, aiming to increase its user base from 5 million to 10 million within the next 12 months. Lemon was founded in 2019 and offers digital asset trading, payment services, and Visa crypto debit card services. After this round of funding, the total amount raised reaches $66 million, and the platform expects to handle a total transaction volume of $9.3 billion by 2025, with over $16 billion in user assets under custody.

ChainCatcher news, Argentina-based crypto fintech company Lemon announced the completion of a $20 million Series B funding round, led by U.S. funds F-Prime and ParaFi, with support from companies such as DRW Venture Capital, Endeavor Catalyst, Van Eck, Persea VC, Alumni Ventures, and Lambda Class.Lemon was founded in 2019 by CEO Marcelo Cavazzoli, providing a platform that allows users in Argentina and Peru to buy, sell, and store digital assets, make payments, and use a Visa debit card linked to their cryptocurrency holdings. Lemon plans to use this funding to drive its expansion into Chile, Colombia, Brazil, and Mexico, and hopes to double its user base to 10 million within the next 12 months.

ChainCatcher news, Singapore-based Web3 AI agent company Earos announced the completion of a $10 million Pre-Seed funding round, led by Lemon Ltd.It is reported that Earos is a platform that leverages digital twin technology to unlock the potential of AI Agents. It is currently building a decentralized AI ecosystem (Digital Twin Earth) that integrates AI Agent model layers, allowing global nodes to collaborate on AI model training, deployment, and validation. Developers can also create and deploy their own AI agents. It is said that the project will utilize tokens to reward participants who provide computing power, validate AI agent workstations, and run nodes.

ChainCatcher news, Celestia announced on platform X that the Lemongrass upgrade is now live. As Celestia's first mainnet upgrade, Lemongrass introduces one-click interactions through IBC and inter-chain accounts. BlockBeats previously reported that the main changes in this upgrade include:CIP-6 implements a minimum gas price to reduce network spam transactions;CIP-9 introduces middleware for packet forwarding, enhancing IBC cross-chain transfer efficiency;CIP-10 establishes a new network upgrade signaling mechanism to simplify and accelerate future upgrades;CIP-14 introduces cross-chain account functionality, enhancing interoperability with the Cosmos ecosystem;CIP-20 deprecates the Blobstream module, simplifying network architecture and improving performance.

ChainCatcher news, Celestia has announced an important upgrade named Lemongrass. This upgrade includes several consensus layer changes, such as cross-chain accounts, packet forwarding middleware, and the CIP-10 mechanism to simplify future upgrades. The Celestia-app v2.0.0 version will activate Lemongrass on the Arabica Devnet in August.After successful testing, the Mocha Testnet is also expected to upgrade in August. The Lemongrass upgrade for the Celestia mainnet Beta version is expected to take place from early to mid-September. Additionally, the data availability (DA) layer will undergo technical changes, including blob data pruning (CIP-4) and a new messaging framework Shwap (CIP-19).The Lemongrass hard fork covers several CIPs specified in CIP-17, including price execution (CIP-6), packet forwarding middleware (CIP-9), coordinated upgrades (CIP-10), cross-chain accounts (CIP-14), and disabling the Blobstream module (CIP-20). These updates aim to improve network efficiency, simplify architecture, and enhance interoperability with other blockchains.

ChainCatcher news, according to Bloomberg, the holding company of the Indian crypto exchange CoinSwitch, PeepalCo, has announced the launch of a stock trading application called Lemonn, which will initially offer stock trading and expand over time into areas such as mutual funds and derivatives. CoinSwitch and Lemonn will operate as independent businesses.It is reported that CoinSwitch was founded in 2017, supported by Andreessen Horowitz and Tiger Global, and restructured its business last December, creating PeepalCo as a holding company responsible for overseeing the cryptocurrency platform and other new initiatives such as wealth management applications.

ChainCatcher news, according to Bloomberg, Argentina is one of the countries with the highest cryptocurrency adoption rates in the world. The Bitcoin purchase volume at the local cryptocurrency exchange Lemon is nearing the highest weekly value in nearly 20 months, making it the most popular exchange among retail customers in this South American country.It is reported that Argentinians are buying Bitcoin to protect themselves from the impact of 276% inflation, rather than rushing to exchange pesos for dollars.