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Amazon Web Services Looks to Drive Crypto Settlement and Custody to the Cloud

The infrastructure giant wants to hire a Financial Services Specialist to work with global financial institutions and innovative fintechs, and “transform the way they transact digital assets (ex. cryptocurrencies, CBDCs [central bank digital currencies], stable coins, security-backed tokens, asset-backed tokens and NFTs [non-fungible tokens]) from price discovery to execution, settlement

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Supply chain woes and the growth of Web 3 back OriginTrail’s fresh ATH

Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been

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Arcana Closes Strategic Round of $2.3 Million from Leading Investors to Deepen its Penetration into Web 3 Ecosystem

Blockchain firm Arcana Network has closed its latest round with a staggering $2.3 million funding from leading investors in the blockchain and crypto space. Arcana is a decentralized storage layer for DApps on Ethereum and other EVM compatible chains. The decentralized storage protocol received funding from several investors, some of

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Gelato raises $11M from heavyweight backers for Web 3.0 automation

Smart contract automation network Gelato has become the latest to receive big backing from crypto venture capital giants.Gelato has raised $11 million in a Series A funding round led by Dragonfly Capital and with participation from ParaFi Capital, Nascent, IDEO CoLab Ventures and Aave founder Stani Kulechov.The funds were raised through

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Web 3 Is Where the Young People Are

Centralization is a single point of failure. That was clearly on display yesterday when Facebook’s entire operation – from its subsidiaries Instagram and Whatsapp to its physical plant – went down for over five hours.The technical malfunction, stemming from a routing issue in the deep levels of the internet, served

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OP Crypto Capital founder cites gaming, Web 3 as drivers of crypto economy

Fresh off the launch of its $25 million venture fund, OP Crypto Capital Management Ltd. seeks to play a more active role in the lifecycle of blockchain startups ranging from gaming to Web 3.0. Former Huobi executive turned founder David Gan spoke with Cointelegraph about the transition from his former

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