Gate News Bot news, October 09, according to CoinMarketCap market data, as of the time of writing, LAVA (Vulcan Forged (LAVA)) is currently priced at $0.00, with a rise of 0.00% in the last 24 hours, a high of $0.01, and a low of $0.00. The current market capitalization is approximately $890,200. Due to the inability to access the Vulcan Forged official website, more official information about LAVA cannot be provided at this time. Important news about LAVA recently: 1️⃣ **LAVA launches new yield products** LAVA, as a Bitcoin lending platform, has recently launched a new yield product. This move is expected to attract more users to participate in the platform ecosystem, potentially increasing the usage scenarios and demand for LAVA tokens.

Golden Finance reported that the platform Lava, which focuses on Bitcoin collateral lending, has announced the completion of a $17.5 million Series A extension financing, while also launching a new dollar yield product. This round of financing was supported by several angel investors, including Peter Jurdjevic from the Qatar Investment Authority and former executives from Visa and Block (formerly Square). Lava's previous Series A financing was backed by Peter Thiel's Founders Fund and Khosla.

Gate News bot message, Fireblocks has partnered with Lava Network to enhance its Blockchain data infrastructure, aiming to provide consistent, secure, and high-performance access for over 100 supported Blockchains.

According to Gate.io News bot, Cointelegraph reported that at the SEC "Know Your Accomplice" roundtable, Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC) and head of the cryptocurrency asset working group, spoke. Peirce compares the current regulatory environment for crypto assets in the United States to playing the "the floor is lava" game in the dark, where registering institutions must act cautiously in the absence of clear rules to avoid direct contact with crypto assets. She emphasized the necessity of establishing clear compliance channels in the meeting, to create clear guidelines for the custody and trading of encryption assets to promote market development.

Accrue, an encryption investment and cross-border payment platform, has completed a $1.58 million seed round of financing. It was led by Lattice, with participation from Maven 11, LAVA, Kraynos Capital, and Distributed Capital Partners. Accrue was launched in 2021 as an encryption investment platform and later expanded into USD-based virtual account and virtual card services, aiming to facilitate cross-border payments in the African market or transactions from MPESA accounts.

Jinse Caijing reported that the investment and cross-border payment platform Accrue, which focuses on 1.58 million US dollars in seed round financing, was led by Lattice, with Maven 11, LAVA, Kraynos Capital, and Distributed Capital participating.

CoinWorld news, on January 26, the African cross-border payment platform Accrue announced the completion of a $1.58 million seed round of financing, led by Lattice Fund, with follow-up investment from Maven 11, LAVA, Kraynos Capital, and others. Accrue, founded by Zino, Clinton, and Adesuwa in 2021, initially focused on encryption and stock Auto-Invest applications. After experiencing a market downturn in 2022, the company transformed and launched the cross-border payment tool Cashramp, which has now become the main source of revenue and is expected to be profitable in mid-2023. This round of financing will be used to expand payment infrastructure, optimize product functions, expand the team, and further promote innovation and rise.

Africa's cross-border payment platform Accrue has completed a $1.58 million seed round of financing, led by Lattice Fund, with follow-on investments from Maven 11, LAVA, Kraynos Capital, and others, to expand payment infrastructure, optimize product features, and scale the team. Accrue has served over 200,000 African users, and its cross-border payment tool Cashramp has become the main source of revenue, with profitability expected to be achieved by mid-2023.