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Cryptocurrency exchange FTX raises additional $400M at $32B valuation
The Bahamas-based cryptocurrency exchange FTX Trading Ltd. today announced it has raised $400 million in new funding in the company’s third fundraise in the past six months, hiking its valuation at a cool $32 billion. The Series C funding announcement comes less than a week after the announcement of a $400 million Series A funding ...
Digital assets custody firm Fireblocks raises $550M at $8B in valuation
Fireblocks Inc., a cryptocurrency custodial infrastructure firm, announced today that it has raised $500 million in new late-stage funding, valuing the company at $8 billion. The company boasted that this round makes it the highest-valued digital asset infrastructure provider in the world as the Series E round quadrupled the company’s valuation since its Series D ...
Cryptocurrency exchange FTX US raises $400M at $8B valuation
FTX US, the American affiliate of the cryptocurrency exchange, earned unicorn status several times over today after raising $400 million in its first funding round from investors at a valuation of $8 billion. The Series A round included participation from Lightspeed Venture Partners, Softbank’s Vision Fund 2, Multicoin Capital, Paradigm, Steadview Capital and others. The Chicago-based ...
Google nixes FLoC, unveils Topics as replacement for ad cookies
Google LLC today announced a new plan to replace tracking cookies designed to provide more privacy as browsers increasingly block cookies by default in order to protect users from prying eyes. The project, named Topics, will replace Google’s previous attempt known as Federated Learning of Cohorts, or FLoC for short. Which had come under fire from ...
OpenSea exploit allows hackers to buy NFTs at steep discounts, steal $1M from users
Updated with information from an OpenSea spokesperson: A bug discovered on the OpenSea nonfungible token marketplace has been discovered and is being exploited by hackers to purchase NFTs at steeply discounted prices and then flip them. According to cryptocurrency analytics firm Elliptic, hackers have stolen more than $1 million worth of NFTs in this manner since ...
Twitter launches hexagon-shaped NFT profile pictures
Social media giant Twitter Inc. has rolled out a feature that allows the owners of nonfungible token artwork to showcase them as their Twitter profiles in the form of a “soft hexagon.” Twitter made the feature available on Thursday to Twitter Blue subscribers who have Apple Inc. iOS devices for the cost of $2.99 a ...
Meta reportedly plans to bring NFTs into Facebook and Instagram
Meta Platforms Inc., formerly Facebook Inc., is reportedly jumping onto the nonfungible token bandwagon and will allow users of its social media platforms Facebook and Instagram to mint, sell and trade the digital assets. According to the Financial Times, unnamed sources said that Meta is already working on features that will allow users to display NFTs ...
Report: Google Labs forms blockchain team to explore ‘next-gen distributed computing’
Google LLC is reportedly forming a new group to explore blockchain and other related peer-to-peer technologies. According to an email viewed by Bloomberg News, the new team, formed out of Google Labs, will be led by Shivakumar Venkataraman, an engineering vice president for Google’s parent company Alphabet Inc. He will also become a “founding leader” ...
Opera unveils web3-focused ‘crypto browser’ beta project
Opera Software today announced the Crypto Browser Project, a new web browser released in beta with a built-in crypto wallet capable of allowing users to directly access web3 decentralized applications. The crypto browser allows users to access web3 technologies such as blockchain-based cryptocurrencies, dapps, nonfungible tokens, games and metaverse applications directly without the need for ...
Varjo brings high-fidelity cloud-based streaming to its VR platform
Professional-grade virtual reality hardware and software provider Varjo Technologies Oy today announced the addition of cloud streaming to its Reality Cloud platform, which will bring real-life collaboration capability to its high-fidelity headsets. The new service allows users to experience virtual and mixed reality applications entirely from the cloud and stream human-eye resolution VR/XR content directly ...