Web3 Infrastructure Startup Portal Raises $5.3M
The company emerges from stealth with a roster of backers, including Katie Haun’s investment firm. Source
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Startup
Institutional DeFi Startup Hashnote Is First to Emerge From Incubator Cumberland Labs
“We’re not a subsidiary of Cumberland but obviously work closely with companies like DRW,” said Churchouse in an interview. “We work with external founders, where typically there is a large first check investment for a substantial equity position in companies where we can add a genuine competitive advantage with Cumberland
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Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon – Blockchain Bitcoin News
Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of its cryptographic-focused chips. Chain Reaction
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Electronic Arts Founder Trip Hawkins Joins Web3 Gaming Startup
“I’m excited to begin my journey with Games for a living, leveraging new and emerging technologies to enhance performance and create exciting, immersive experiences for gamers,” Hawkins said in a press release. Hawkins added that he expects blockchains to be used more by content creators and that the company plans
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A16z Leads $25M Round for Web3 Startup Building Online Towns
Towns offers an end-to-end encrypted chat protocol that lets communities create programmable, self-governed “town squares” where users can assemble and chat without worrying about whether the app owner will decide to prevent access, profit from the activities or change user rights. Communities can control settings like administration, privacy and roles,
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DWF Labs Invests $25M in Privacy Tech Startup Beldex
“We are excited about Beldex’s ecosystem, which offers scalable and secure decentralized applications prioritizing privacy,” DWF Labs managing partner Andrei Grachev said in the announcement post. “The BDX token is integral to this ecosystem, providing a secure means of payment and incentives for users to contribute. We believe that Beldex’s
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Israeli startup to create blockchain chips with $70M of fresh funds
The adoption of blockchain technology is on the rise, with most enterprises looking into the technology in some capacity. As blockchain becomes more pervasive, all types of users will need the most efficient access to the capabilities of this technology.One of the responses to this has been the development of blockchain
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Crypto Payment Startup MoonPay Hires Ex-Coinbase President as Its COO
The current MoonPay COO Jim Esposito did not provide any comments on the announcement, and it is unclear if he is staying at the company or not. MoonPay, financial technology company that provides crypto payment solutions, has welcomed on board Asiff Hirji, former Coinbase Inc (NASDAQ: COIN) president. Asiff Hirji will
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I’m American, but My Crypto Startup Won’t Be
As I look for a jurisdiction to incorporate our new token-generating venture, every lawyer we have consulted told us the U.S. should be off the table. The lack of clear U.S. policy and regulations on crypto is driving entrepreneurs away, writes Iomob CEO Boyd Cohen, for Buidl Week. Source
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South African Startup Momint Seeks to Boost Electricity Generation Using Blockchain-Based Solution – Bitcoin News
Using a solution that is based on blockchain technology, the South African startup Momint has said the recently launched Suncash initiative aims to ease the country’s power generation challenges. For about $9, investors can reportedly buy non-fungible tokens (NFTs) linked to solar cells which are then leased to institutions such
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