Kyt Dotson
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Crypto risk management platform Chaos Labs Inc. raised $20 million in seed funding Tuesday in a round co-led by PayPal Ventures, the venture arm of payments giant PayPal Holdings Inc., and the investment management firm Galaxy Digital. Notable crypto companies and investment …
Wipro’s newest secure digital identity solution taps into the blockchain
Wipro Lab45, the innovation lab of technology services and consulting firm Wipro Ltd., today announced the launch of its newly minted Decentralized Identity and Credential Exchange service that taps blockchain technology to provide users full control of their private information. The new …
Google Cloud collaborates with Tezos Foundation on Web3 development
The Tezos Foundation, the nonprofit foundation that supports the development of the Tezos blockchain, announced today it has teamed up with Google Cloud to provide tools for developers to deploy blockchain nodes and build Web3 applications. Through the collaboration, Google Cloud will …
Preciate renames itself Scoot alongside $12M raise for more comfortable virtual meetings
Preciate Inc., a virtual socialization and meeting platform, today announced it raised $12 million in a Series A funding round led by Woodland Capital to scale its 2D virtual meeting product that helps remote workers combat “Zoom fatigue.” Alongside the announcement, the …
Ankr partners with Microsoft to deploy enterprise blockchain node service
Web3 infrastructure firm Ankr Inc. said today that it’s partnering with Microsoft Corp. to provide enterprise-level blockchain node hosting services via the Microsoft Azure cloud solution for decentralized app developers and builders. Ankr will provide its knowledge in blockchain infrastructure and Microsoft …
Gateway.fm raises $4.6M to provide access to Web3 node infrastructure tools
Decentralized blockchain infrastructure node provider Gateway.fm today announced that the company has raised $4.6 million in seed funding to provide developers tools for accessing scalable Web3 infrastructure so they can build decentralized applications. The round was led by Lemniscap, an investment firm …
GrainChain raises $29M to expand agricultural blockchain
Texas-based GrainChain, a company building an agricultural blockchain for supply chain tracking, said today it has raised $29 million in a new funding round to accelerate growth across the U.S. and Latin America. The round included investments from Overstock.com Inc., which participated …
SEC charges Do Kwon, Terraform Labs with fraud over the collapse of TerraUSD
The U.S. Securities and Exchange Commission charged Terraform Labs Pte. Ltd. and its Chief Executive Officer Do Kown with “orchestrating a multibillion-dollar crypto asset securities fraud” almost a year after the meltdown of his company’s so-called “algorithmic” stablecoin TerraUSD that sent ripples …
Web3 communication stack developer Sending Labs raises $12.5M
Sending Labs, a company that develops decentralized communication products and protocols for developers to add messaging to their Web3 apps, today announced it has raised $12.5 million in seed funding. Web3, otherwise known as the decentralized web, is built on blockchain technology …
Apple reportedly delays reveal of mixed reality headset until June at WWDC
Apple Inc. will reportedly delay the planned reveal of its much-anticipated mixed reality headset from April until June. According to a source speaking to Bloomberg Wednesday, the company chose to delay the introduction of the product until the company’s World Wide Developer Conference …