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AnChain.AI raises $10M to monitor crypto and digital assets
AnChain.AI, a blockchain security company that monitors crypto and digital assets, today announced it has raised $10 million in new funding led by SIG Asia Investments LLLP on the heels of being awarded a multiyear contract with the Securities and Exchange Commission. The Series A round, described as oversubscribed, was joined by Fin Venture Capital, ...
Offchain Labs raises $120M to launch Ethereum blockchain scaling solution
Offchain Labs Inc., a provider of solutions to scale up the Ethereum blockchain, today announced that it has raised $120 million in funding to launch its Arbitrum One mainnet to the public. The Series B funding round was led by Lightspeed Venture Partners and joined by Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital and ...
TikTok owner ByteDance acquires VR headset maker Pico
ByteDance Ltd., the owner of short video sharing apps TikTok and Douyin, confirmed Sunday that it acquired the virtual reality headset maker Pico Interactive Inc. “Pico’s comprehensive suite of software and hardware technologies, as well as the talent and deep expertise of the team, will support both our entry into the VR space and long-term ...
Firemaps raises $5.5M to protect California homes against wildfires
San Francisco-based startup Firemaps Inc. today announced the availability of its tech-driven solution to protect California homes against wildfires. To facilitate the launch, Firemaps raised $5.5 million in seed investment led by Andrew Chen, general partner at Andreessen Horowitz. Uber Technologies Inc. Chief Executive Dara Khosrowshahi and investor Lee Fixel also participated in the round. ...
Permission.io integrates Google Cloud Marketplace for blockchain-based opt-in advertising
Permission.io, a provider of permission-based digital advertising, announced Tuesday that its blockchain validator and full node are available on Google Cloud Marketplace. With the company’s infrastructure, marketers can build distributed apps that ask permission and allow audiences to opt-in and reward them with cryptocurrency for engagement with advertisements. The nature of internet advertising has become ...
Bitcoin tech firm Blockstream raises $210M at $3B valuation
Blockstream Corporation Inc. said today it has closed a $210 million funding round that values the Canadian bitcoin infrastructure outfit at $3.2 billion. The Series B round was led by U.K.-based investment management company Baillie Gifford and Hong Kong-based iFinex Inc., the parent company of cryptocurrency exchange Bitfinex. Blockstream also announced that it has acquired the ...
Fetch.ai launches platform for AI-generated collaborative NFT art
The Cambridge-based artificial intelligence lab Fetch.ai today announced the launch of its new AI-controlled nonfungible token art generation platform. Colearn NFT Art will allow users collectively to create and own NFT artwork generated by training a machine learning algorithm. More than 100 artists can create an abstract composition together and collectively own the AI-generated work of ...
PayPal expands its cryptocurrency service to the UK
PayPal Holdings Inc. announced today the launch of a new service that will allow customers in the United Kingdom the ability to buy, hold and sell cryptocurrency within its app. According to the company, the new service will roll out this week and customers will gain access to four different types of cryptocurrencies: bitcoin, Ethereum, ...
Visa buys CryptoPunk NFT art for $150,000
Visa Inc. announced today that it spent $150,000 to purchase a piece of artwork represented by a nonfungible token named CryptoPunk 7610. The announcement was made by Cuy Sheffield, head of crypto at Visa, in a blog post who spoke to the purchase as an investment in the NFT market and Visa’s interest in the ...
Facebook announces ‘Horizon Workrooms’ VR remote work app
Facebook Inc. today announced the launch of the beta test of Horizon Workrooms, a virtual reality remote collaboration app that works on the company’s Oculus Quest 2 headset by providing virtual meeting rooms. Workrooms comes at a time when more teams are separated by physical distance due to the COVID-19 pandemic and find themselves working ...