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Synota raises $3M to bring instant bitcoin settlements to the energy industry
Bitcoin technology company Synota said Tuesday that it has raised $3 million in seed funding led by Ego Death Capital, a new venture capital firm focused on the bitcoin ecosystem, to bring instant settlements for power generators, distributors and energy consumers worldwide. Synota was founded in 2022 to address the disconnect between how energy is ...
Shutterstock integrates DALL-E 2 for AI-generated art and launches contributor fund
The image library Shutterstock Inc. is looking to get in on artificial intelligence-generated artwork with a new partnership with OpenAI Inc., the company behind the popular AI image creation tool DALL-E 2. As part of the collaboration, Shutterstock will be offering OpenAI’s AI-powered image generation tools to its customers. They allow users to enter text ...
Apple App Store limits NFT functions, toughens rules on crypto
Apple Inc. has released new guidance for its App Store rules alongside software updates for iOS 16.1, iPad OS 16.1 and MacOS Ventura that tightens how cryptocurrency exchanges can operate on its store and nonfungible tokens can be used in its apps. According to the new guidelines, Apple has clarified that apps may use nonfungible ...
Web3 newsletter platform Paragraph raises $1.7M in pre-seed funding
Web3 newsletter publishing platform Paragraph, which intends to take on traditional publishing with a new paradigm for self-ownership of content, today announced that it has raised $1.7 million in a pre-seed funding round led by Lemniscap to expand its team and further its mission. Other investors also participating in the round included Binance Labs, FTX ...
Fireblocks launches crypto payments solution for merchants
Digital asset custody firm Fireblocks Inc. today launched a new cryptocurrency payments engine and suite of tools for merchants to accept and manage crypto transactions anywhere in the world. The Fireblocks Payments Engine allows merchants, creators and businesses more easily to transact in digital assets, including the stablecoin USD Coin. Using the platform business can quickly ...
Google brings new features to Jetpack Compose with productivity and performance update
Over a year after releasing Jetpack Compose, a developer tool for helping developers build native Android user interfaces, Google LLC is announcing a new stable release with improved features that enhance performance and productivity for developers. Google launched Compose in July last year with the vision to provide developers with a toolkit to allow them ...
Messaging app Telegram plans to auction off usernames on a blockchain marketplace
The popular messaging platform Telegram Messenger Inc. plans to auction off usernames on a marketplace using The Open Network blockchain, the company said on Thursday. This announcement follows the idea being suggested by Telegram founder Pavel Durov in August that the platform would enable users to buy and sell their own unique and recognizable usernames ...
Celestia Labs raises $55M to build modular blockchain networks
Celestia Labs, the startup behind the Celestia blockchain network, announced Wednesday that it has raised $55 million in funding led by Bain Capital Crypto and Polychain Capital to build modular architecture for deploying and scaling blockchains. Celestia builds what it calls modular blockchain architecture that helps solve challenges inherent in rolling out blockchains at scale. ...
Solana-killer blockchain Aptos project off to a rocky start after launch, token drop
Aptos Labs, a startup founded by employees who built the blockchain behind Meta Platform Inc.’s ill-fated Diem, recently announced its “tokenomics” model amidst a rocky mainnet launch that has performed more slowly than expected. The platform raised $200 million in March, backed by Andreessen Horowitz, Coinbase Ventures, FTX Ventures, Multicoin Capital and other big crypto ...
Meta builds AI-powered speech translation for Hokkien to understand unwritten languages
Most artificial intelligence translation to date has been focused on written languages because that is the easiest way to train machine learning systems to understand and translate them. However, more than 40% of the world’s 7,000 living languages have no standard writing system. Meta Platform Inc.’s artificial intelligence research team at Meta AI said today ...