November 30, 2024
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Singapore-based Whampoa Group to invest $100 million in web3 and digital assets startups via VC fund
Daniel Levi Posted On September 9, 2022


Venture funding to technology startups has slowed in recent months. The slowdown is even more severe among crypto-related startups. But has not stopped some crypto and blockchain startups from raising new funding. Some, especially web3 startups, continue to attract investors’ attention. […]


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Crypto tech startup Mysten Labs valued at over $2 billion after raising $300M in funding led by FTX to accelerate web3 adoption
Nickie Louise Posted On September 8, 2022


Mysten Labs, a crypto tech startup founded by three ex-Facebook engineers, has raised $300 million in a funding round led by cryptocurrency exchange FTX. The round, which now values the startup at more than $2 billion, also includes participation from existing […]


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Changpeng Zhao says Binance is not a Chinese company: “Binance’s executive team is dominated by Europeans and Americans”
Daniel Levi Posted On September 2, 2022


Binance founder and CEO Changpeng Zhao is pushing back over claims and allegations from critics and opposition from people in the West that the world’s largest crypto exchange is a “Chinese company.” In a long blog post published yesterday on the company’s […]


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August blockchain industry report: DeFi activity increased by 3.7% while TVL decreased by 10.5% due to Tornado Cash
Daniel Levi Posted On September 2, 2022


In July, we covered DappRadar’s blockchain industry report where we discussed the winners and losers of the crypto bear market. Now, DappRadar’s out with their August blockchain industry report, and things are as hectic as ever. In recent months, it has seemed like […]


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David Holtzman, Internet Pioneer and Architect of the DNS System, Joins Naoris Protocol as Distributed Systems, CyberSecurity & Blockchain Advisor
Nickie Louise Posted On August 25, 2022


David H. Holtzman is an Internet pioneer, a former security analyst, technologist, military code-breaker, futurist, activist, privacy expert, technologist, technology executive, and writer. Over his career life, the initiatives he led have transformed and radically changed the way people interact […]


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Binance Labs makes a strategic investment in Ankr
Daniel Levi Posted On August 11, 2022


Just two days after the launch of its ANKR token staking to allow Web3 users to earn rewards, Web3 infrastructure provider Ankr announced today it has received a strategic investment from Binance Labs to further improve the scalability of blockchain networks. The […]


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Decentralized tech startup Satellite IM closes $10.5M to offer the world’s first web3 communications platform with private messaging
Daniel Levi Posted On August 11, 2022


Data breaches in the US hit a record high in 2021 affecting nearly 300 million victims. The cost of a data breach continues to skyrocket. According to a recent IBM study conducted by the Ponemon Institute, data breaches cost American companies on average […]


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DeFi tech startup 1inch teams up with KuCoin Wallet to launch its native swap feature
Bode Miller Posted On August 11, 2022


We covered KuCoin three months ago when the crypto exchange hit the unicorn after raising $150 million in Series B funding to expand its presence in Web3, a decentralized version of the Internet that is based on blockchain technology. Since then, […]


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Crypto exchange Bitget launches a $200M protection fund to secure and safeguard users’ digital assets
Nickie Louise Posted On August 5, 2022


In recent months, we’ve heard horror stories of millions of crypto investors losing their personal savings to the collapse of Celsius after the crypto lender suddenly belly up overnight. Hundreds of these retail investors have gone as far as sending […]


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Astar teams up with Alchemy to accelerate web3 development on Polkadot ecosystem
Nickie Louise Posted On August 3, 2022


Astar Network, a multi-chain decentralized application layer on Polkadot, today announced a partnership with blockchain development platform Alchemy. As part of the tie-up, Astar will leverage Alchemy’s APIs to provide powerful tooling on Polkadot. The move will make it easier for […]


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Blockchain domain startup Unstoppable Domains joins unicorn club with $65 million Series A funding
Daniel Levi Posted On July 27, 2022


Unstoppable Domains, a San Francisco-based tech startup and pioneer of blockchain domains, has become a new member of the highly coveted unicorn club after raising $65 million in Series A funding. The round, which now puts the company at a […]


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Naoris Protocol gets $11.5 million in funding to tokenize cybersecurity
Nickie Louise Posted On July 27, 2022


Having just banked $11.5 million in funding, Naoris Protocol says it’s on a mission to scale up the adoption of a decentralized cybersecurity mesh of validator nodes to shore up network defenses, making them stronger as they grow to encompass […]


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Crypto startup Blockchain.com lays off 25% of its workforce as Three Arrows Capital contagion spreads across the crypto industry
Nickie Louise Posted On July 22, 2022


Blockchain.com is the latest casualty of exposure to the now bankrupt crypto hedge fund Three Arrows Capital. The Google Ventures-backed crypto startup announced it is laying off 25% of its workforce, citing the economic downturn and harsh market conditions. The layoff […]


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COTI to become a multi-token layer; hard fork testnet and MultiDAG 2.0 launch scheduled for August 2
Daniel Levi Posted On July 18, 2022


Back in March, we wrote about COTI after the organization announced a plan to define a new token standard for stablecoins issued on MultiDAG 2.0 that will be the equivalent of the ERC20 token standard on Ethereum. With MultiDAG 2.0 […]


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Blockchain fintech startup Millicent successfully carries out world’s first test of a general purpose full-reserve digital currency
Nickie Louise Posted On July 14, 2022


As you may recall back in February, we wrote about Millicent after the distributed ledger fintech startup co-funded by the UK government’s R&D department received funding grants to build the next generation of digital finance. The award from the UK Research and Innovation […]


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Why you should build your dApp on the DeFiChain Blockchain: The Ultimate Guide to DeFiChain
Daniel Levi Posted On July 6, 2022


You’ve probably seen it in the headlines or heard about it countless times, decentralized finance (DeFi) is a an emerging financial technology that’s set to revolutionize global finance as we know it. DeFi is a collective term used for blockchain financial applications […]


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Minima achieves unparalleled decentralization with over 120k blockchain nodes
Daniel Levi Posted On July 6, 2022


Minima, the ultra-lean blockchain protocol that’s designed to run on low-powered smartphones and “internet of things” devices, said it has grown to encompass more than 120,000 nodes worldwide. It’s an impressive achievement for the protocol, which was founded back in […]


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Ex-TikTok gaming exec launches Meta0, a blockchain games startup to enable players to trade NFT items
Nickie Louise Posted On July 5, 2022


Did you know that there are over five million video games in existence as of June 2022? That’s a staggering number to comprehend. Unfortunately, traditional video games are, for the most part, limited to the Web2 platforms and have not yet made […]


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TheBlock Research Showcases Strong Fundamentals for Bitcoin Dapps
Daniel Levi Posted On July 5, 2022


Builders flock to networks like Ethereum and BNB Chain to build DeFi-oriented applications. However, the ecosystems developing on top of Bitcoin create a compelling alternative. Now. more than ever, it seems as though the future of DeFi should be built […]


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Multichain bridge integrates with RSK blockchain to facilitate transfer of ETH, USDC, BUSD, and other assets between RSK
Nickie Louise Posted On July 4, 2022


Users of the Multichain bridge can now benefit from the addition of Rootstock (RSK). Multichain supports over 53 blockchains, 2400+ bridges, and thousands of assets, including ETH, USDC, BUSD, BNB, WBTC, and DAI. Today, Multichain announced it has integrated with […]


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