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Magic Eden NFT marketplace integrates Polygon to tap into blockchain gaming
Magic Eden, a cross-chain nonfungible token marketplace, today announced that it plans to expand to integrate the Polygon blockchain to allow its market to work more closely with gaming partners and creators that use the network. Polygon is a scaling solution for the Ethereum blockchain and is home to some of the largest Web3 gaming projects ...
Carv raises $4M to build Web3 decentralized identity for gaming
Los Angeles-based startup Carv said today it has raised $4 million in seed funding to build decentralized identity solutions for gaming applications that allow users to move freely between applications and games. The funding round was led by Singaporean-based venture capital firm Veterex and attracted participation from EVOS (ATTN Group), Snackclub, Infinity Ventures Crypto, YGG ...
Amazon plans to shut down Wickr’s free encrypted messaging app
Amazon Web Services Inc. announced Friday that it plans to shut down Wickr Me, its free encrypted messaging app, on Dec. 31, 2023, and the service will end registrations for new users by the end of 2022. Amazon bought Wickr in June 2021 for an undisclosed amount. It had raised more than $50 million from ...
Crypto markets fall as FTX hacker begins to move ill-gotten coins
Bitcoin and other cryptocurrency markets dropped today to one-week lows after the hacker who is believed to have drained the accounts of the recently bankrupted crypto exchange FTX Trading Ltd. began trading their ether currency for bitcoin. Over the weekend, the hacker began swapping ill-gotten Ethereum coins taken from the attack on FTX, which reportedly ...
FBI reports Hive ransomware has extorted $100M from 1,300+ businesses
A joint report from the Federal Bureau of Investigation and the Cybersecurity and Infrastructure Security Agency released Thursday revealed that the Hive ransomware gang extorted more than 1,300 businesses for over $100 million in payments since June 2021. In addition to ransoming businesses for money using ransomware, a type of malware that takes control of ...
Productivity web browser startup SigmaOS raises $4M
U.K.-based startup SigmaOS Inc. announced Wednesday that it has raised $4 million in seed funding led by Localglobe to help people become more productive with a web browser designed specifically for focusing on work and productivity. Investors from Y Combinator, 7percent Ventures, Moonfire Ventures, Shine VC, TrueSight Ventures, Pioneer Fund and Venture Together also participated ...
New FTX CEO calls lack of corporate controls ‘unprecedented’ in bankruptcy filing
In a new filing with a Delaware bankruptcy court, newly appointed FTX Chief Executive John J. Ray III said that never in his 40-year legal career of restructuring experience has he seen such large corporate failure as what happened to the cryptocurrency exchange. FTX Trading Ltd., once the world’s third-largest crypto exchange, filed for Chapter ...
Qualcomm announces Snapdragon AR2 chipset to power next-gen augmented reality
Qualcomm Technologies Inc. today unveiled a new chipset platform for augmented reality glasses, the Snapdragon AR2 Gen 1 Platform, to power the next generation of wearables and make them lighter and lower-power. The chipmaker revealed the new platform during this year’s Snapdragon Summit after announcing its next flagship chipset for mobile phones, the Snapdragon 8 ...
Matter Labs raises $200M for zkSync Ethereum scaling solution
Matter Labs, the development team behind the Ethereum scaling solution zkSync, today announced that it has raised $200 million in new funding to launch new projects and continue to grow its team. Blockchain Capital and Dragonfly Capital co-led the Series C funding round, with participation from Variant, a16z and Lightspeed Venture Partners. This additional funding ...
Contentstack raises $80M for its ‘headless’ content management system
Content management system provider Contentstack Inc. today said that it has raised $80 million in new funding to help enterprise companies meet their demands for customizable content delivery. Canadian investment firm Georgian and Insight Partners co-led the Series C funding round with participation from Illuminate Ventures. This funding follows the company’s $57.5 million Series B ...