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The talks with Multicoin started in late August of last year, when FastLane didn’t have a corporation or even a pitch deck to show investors, Watts said. The long fundraise period gave the FastLane legal team time to get the infrastructure in place. Other participants in the round included Polygon
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The CBDC Private Ledger, according to Ripple, will handle tens of thousands of transactions per second. Popular blockchain payments firm Ripple Labs Inc is set to launch its own Central Bank Digital Currency (CBDC) platform, which will allow central banks, governments, and financial institutions to issue digital currencies. The news comes shortly
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The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels. Original Source
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Bitcoin (BTC) users have been given a possibly more efficient way to mint new assets on the blockchain aft an updated edition of the recently-rebranded Taproot Assets Protocol was released by Lightning Labs.In a May 16 blog post, Lightning Network infrastructure firm Lighting Labs criticized the current methods by which
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The project formerly known as "Taro" has been rebranded "Taproot Assets" after Lightning Labs was hit with a trademark infringement lawsuit. The new offering comes with a "core set of features to bitcoinize the dollar," according to the firm. Source
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Red Beard Ventures launched as a syndicate of startup accelerator AngelList in 2019 by founder and managing partner Drew Austin. It has invested in 192 companies, including NBA Top Shot parent Dapper Labs, metaverse platform The Sandbox and data aggregator CryptoSlam, deploying more than $40 million in capital. The company
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press release PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle East-based Web3
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Ubisoft claims that its Assassin’s Creed video game series has sold no less than 200 million copies worldwide. Despite being one of the most prominent game publishers in the Web 3.0 space as it is, Ubisoft has made yet another move. The company behind popular games such as Just Dance and
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Web3 facilitator Mysten Labs will roll out immersive games on its Sui protocol next week in collaboration with select partners. Mysten Labs has revealed 11 gaming partners for its Sui blockchain network, which goes live a week from now on May 15th. In addition to generating $300 million for the Sui Mainnet launched last week,
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South Korean authorities are seeking the extradition of the co-founder and former CEO of Terraform Labs, Do Kwon. The prosecutor overseeing the investigation believes his repatriation would best serve the victims of the TerraUSD (USTC) and LUNA token collapses, The Wall Street Journal reported. South Korea is the place where most of
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