Tuesday, February 25, 2025
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Developer of Decentralized Ride-Sharing App Teleport Raises $9M in Bid to Compete With Uber, Lyft

Teleport seeks to address some of the headwinds faced by traditional ride sharing, giving control back to drivers and customers, according to its founder, Paul Bohm. “We're giving ownership to anyone who brings people using the protocol, because the protocol should reward the people building it well,” Bohm told CryptoX. Source

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Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability – Bitcoin News

Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed

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Xiden Developer CryptoDATA Announces New Project to Defend the Crypto Space From Asset Losses – Press release Bitcoin News

press release PRESS RELEASE. CryptoDATA Tech, the Xiden blockchain developer and MotoGP Austrian Grand Prix’s title sponsor until 2024, is joining a new project that provides highly sought-after safeguards for crypto users. CryptoDATA Tech is partnering with Martoms Brothers & Co and several reinsurance companies to create a mutual guarantee

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Crypto Developer Brothers Leave VC Firm After CoinDesk Exposé

The Macalinao brothers built their reputation in the Solana blockchain community. In early 2021 they created a decentralized exchange for swapping stablecoins called Saber that at its zenith purported to represent $4.15 billion (nearly half) of the crypto value locked up on Solana. Part of the allure of Saber was

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Wife of Pertsev, Arrested Tornado Cash Developer, Denies Russia Secret Service Links

The wife of Alexey Pertsev, the web developer arrested in Amsterdam over ties to the Tornado Cash crypto mixing protocol, dismissed speculation that her husband had links to the Russian secret service after allegations surfaced of his connection to a cybersecurity company blacklisted by the U.S. Treasury. Source

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