Kyt Dotson
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Injective raises $40M to build finance-focused blockchain
Injective, a company that has built and deployed a purpose-built blockchain for finance, said today that it has raised $40 million in new funding. The move capitalizes on a trend in which blockchain-based applications are redefining finance with decentralized technologies. The funds were raised in a private token sale led by Jump Crypto. BH Digital, the ...
Cloudflare targeted by same hackers that breached Twilio
Cloud content delivery provider Cloudflare Inc. disclosed Tuesday that it was targeted by an attack similar to the one that breached Twilio. Cloudflare said that some of its employees did fall for the attack, but it confirmed that none of its internal systems were compromised due to its own security technologies. The hackers used what ...
At SIGGRAPH, Nvidia pushes the envelope for virtual worlds and digital humans
Nvidia Corp. took the stage today at the ACM SIGGRAPH computer graphics and technology conference in Los Angeles to announce advances in tools that developers will use to create the metaverse and avatars for digital humans. “The combination of artificial intelligence and computer graphics will power the metaverse, the next evolution of the internet,” said Jensen ...
Pinata raises $21.5M to optimize NFT distribution for Web3 creators
Pinata, a nonfungible token content delivery network, said today it has raised $21.5 million in funding to build an ultra-fast, reliable platform for delivering the media represented by NFTs such as images, video and apps. The total comes from a recently closed $18 million Series A round co-led by Greylock and Pantera and a $3.5 ...
Offchain Labs launches Arbitrum Nova blockchain for gaming and social media
Offchain Labs, the developer of the Ethereum scaling solution Arbitrum, today announced the launch of a new blockchain named Nova designed for Web3 gaming and social media applications. Nova is the second chain launched in the Arbitrum ecosystem alongside Arbitrum One, which was designed to support scaling decentralized finance and nonfungible tokens. Speaking to SiliconANGLE ...
Twilio customer data breached after employee credentials hacked
Cloud communications provider Twilio Inc. disclosed today that it was targeted by a cyberattack that led to the theft of employee credentials, which in turn gave the hackers access to a “limited number” of customer accounts. The company said in a blog post that it became aware of the attack on Aug. 4. Employees were ...
US Treasury sanctions cryptocurrency mixing service Tornado Cash
The United States Treasury announced today that it has sanctioned Tornado Cash, a decentralized cryptocurrency mixing service that allows users to anonymize the origin of funds. The Treasury accused Tornado Cash of laundering more than $7 billion worth of virtual currency since its inception in 2019. “Today, Treasury is sanctioning Tornado Cash, a virtual currency ...
Meta expands NFT features on Instagram internationally
Meta Platforms Inc. announced today that it’s expanding nonfungible token features on its Instagram social media platform internationally to more than 100 countries across Africa, Asia-Pacific, the Middle-East and the Americas. Meta Chief Executive Mark Zuckerberg confirmed the move today on Instagram, sharing what he called a “soon-to-be NFT” of an old Little League Baseball ...
Kurtosis raises $20M to change how Web3 developers build dapps
Kurtosis, an end-to-end developer tool system for distributed crypto apps, today announced that it has raised $20 million to continue to scale up Web3 and blockchain app development and testing. The Series A round was led by Coatue, with participation from Coinbase Ventures, Crosstimbers Ventures, the Chainsmokers’ Mantis VC, and angel investor Olivier Pomel, who ...
Google continues merge of Duo and Meet into one video calling and meeting app
In June, Google LLC announced that it intended to merge its video calling app Duo with all of the features of Meet, its enterprise-grade video conferencing product. Today the next step of that merge is happening. Duo is Google’s high-quality video and audio calling app that allows for group calls of up to 32 people. ...