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Strike raises $80M to enable instantaneous bitcoin payments for merchants
Strike, a digital payments service that uses bitcoin’s Lightning Network to provide instant payments, said today that it has raised $80 million to make everyday payments swift and easy for consumers. The Series B funding round was led by Ten31, a crypto-focused venture capital firm, and joined by Washington University in St. Louis and the ...
Crypto exchange FTX wins bid to buy bankrupt Voyager Digital for $1.4B
Sam Bankman-Fried’s cryptocurrency exchange FTX US has won an auction to buy the assets of now-defunct crypto brokerage firm Voyager Digital Ltd., subject to the approval of the United States Bankruptcy Court, on a bid of about $1.4 billion. Voyager said in a statement late Monday that the bid was made up of “fair market value ...
Interpol issues a ‘red notice’ for Terraform Labs founder Do Kwon
Interpol has issued a “red notice” requesting that law enforcement worldwide seek out and arrest Do Kwon, the co-founder of Terraform Labs Pte. Ltd., the Seoul Southern District Prosecutor’s Office said on Monday. Bloomberg reported Sunday evening that South Korean authorities requested Interpol issue the notice after issuing its own arrest warrant for Do Kwon and ...
CFTC fines decentralized blockchain protocol bZeroX $250,000 for illegal trading
In an enforcement action against a blockchain protocol, the Commodity Futures Trading Commission has fined bZeroX LLC and its founders $250,000 and filed suit against its successor decentralized autonomous organization Ooki DAO. According to the CFTC’s filing Thursday, bZeroX and its founders, Tom Bean and Kyle Kistner were fined for illegally operating an organization that offered ...
Hadean raises $30M to build out metaverse infrastructure
Metaverse infrastructure and developer startup Hadean today announced that it has raised $30 million in new funding to bridge the gap between the physical and virtual worlds. The Series A round was led by Molten Ventures, with participation from 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel. Epic Games, the creator of the ...
Niantic brings its Lightship augmented reality mapping system to web browsers
Continuing its push to bring the metaverse into the real world and not just the virtual world, Niantic Inc., the company behind the popular augmented reality game “Pokemon Go,” today announced the launch of its Lightship AR mapping system for web browsers. This web-based AR is made possible with WebAR, a technology powered by 8th ...
Coinbase Cloud launches Node to streamline Web3 development
In a bid to make blockchain development easier, Coinbase Inc. announced Wednesday a new developer platform named Node that allows developers to launch and access blockchain nodes in order to build their own Web3 decentralized applications. Node acts as a self-serve product for developers to access blockchain infrastructural “nodes,” which are the distributed ledgers that store ...
Nvidia unveils second-gen OVX system to bring the industrial metaverse to life
Nvidia Corp. today announced the second generation of Nvidia OVX, its purpose-built data-center-scale computing system built on next-generation graphics processors and designed to power digital twin simulations for industrial metaverse applications. OVX was launched in March, as a computing system designed to power large-scale 3D virtual worlds and digital twins, which are high-fidelity virtual spaces ...
Nvidia launches Omniverse Cloud to support industrial metaverse ‘digital twins’
Nvidia Corp. is continuing to push the boundaries of the industrial metaverse, a virtual space parallel to the real one that simulates detailed physical assets in the virtual world, with its hyper-realistic physics simulation and collaboration product Omniverse. Today during the company’s virtual GTC 2022 conference for developers, Nvidia announced the launch of Omniverse Cloud, a ...
Cryptocurrency market maker Wintermute loses $160M in DeFi hack
The major cryptocurrency market maker Wintermute Trading Ltd. said today that its decentralized finance unit was hacked for approximately $160 million; its centralized trades and over-the-counter services remain unaffected. The company’s founder and Chief Executive Evgeny Gaevoy announced the hack on Twitter in a brief statement noting that the company is still solvent, with twice the ...