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Web3 hackathon startup DoraHacks raises $20M led by FTX and Liberty City
DoraHacks, a Web3 hackathon organizer and developer incentive platform, announced Wednesday that it has raised $20 million in new funding led by FTX ventures and Liberty City Ventures to fund further workshops and grants for developers. The Series B1 round was also joined by Circle Ventures, Gemini Frontier Fund, Sky9 Capital, Crypto.com Capital and Amber ...
Fireblocks unveils Web3 Engine to support DeFi and NFT apps
The cryptocurrency custody firm Fireblocks Inc. today announced the launch of its Web3 Engine, a software developer kit that will allow companies to create app infrastructure for nonfungible tokens, decentralized gaming and finance. The Fireblocks platform allows small, large and enterprise firms to securely accept and manage crypto assets such as cryptocurrencies and NFTs, which ...
Elwood Technologies crypto trading platform raises $70M
Elwood Technologies, an institutional crypto asset trading platform founded by billionaire British hedge fund manager Alan Howard, today announced a new funding round co-led by Goldman Sachs and Dawn Capital. The Series A round was joined by the crypto-friendly German bank Commerzbank, Galaxy Digital Ventures, BlockFi Ventures, Digital Currency Group, Flow Traders and British multinational ...
Solidus Labs raises $45M to protect companies against crypto risks
Solidus Labs, a startup focusing on risk monitoring for cryptocurrency assets, announced Thursday that it has raised $45 million in new funding to invest more in its threat intelligence capabilities and research and development of risk management for decentralized finance. The Series B funding round was led by Liberty City Ventures. Additional investors participating in ...
Meta reveals details about its upcoming Cambria mixed reality headset
Meta Platforms Inc. is continuing to push the boundaries of virtual reality with upcoming devices, and the next one, known as Project Cambria, will make VR feel more real by incorporating mixed reality. Meta Chief Executive Mark Zuckerberg today revealed how Cambria will work for the first time with a brief demonstration. Mixed reality operates ...
How Google aims to make app building easier for developers no matter the tool
Google LLC produces a large number of tools for developers to build apps quickly across a multitude of devices, a development that’s increasingly important in a world where software development operates at an accelerating pace. However, with an ever-growing number of tools, it also means that developers face complex workflows that mean they must connect ...
Google’s Firebase app development platform gets updates and security boosts
Google LLC announced today at its I/O developer conference a number of updates for Firebase, its application development platform for developers, that include new extension events, native support for Swift, App Check security enhancements, new performance monitoring and more. Developers can quickly build apps using Firebase Extensions, which are pre-packaged pieces of code containing common ...
At Google I/O, Android Studio and Flutter get huge productivity updates
Google LLC brought out big updates today at its Google I/O developer conference: a new version of Android Studio that makes the development experience smoother than ever and the next version of the app development framework Flutter. For Android developers, the Android Studio Dolphin beta and a sneak peek at Android Studio Electric Eel have received updates ...
The UST stablecoin project lost its peg to the US dollar and now it’s crashing
Earlier this week the Terra Labs’ TerraUSD, or UST, stablecoin lost its parity with the U.S. dollar, and now the market values of UST and its sister currency LUNA are in freefall as the project attempts to salvage itself. UST is a type of cryptocurrency that attempts to “peg” itself to the dollar by matching ...
Instagram will begin testing NFTs this week for a handful of users
The photo and video sharing social media platform Instagram will begin testing nonfungible tokens this week, Meta Platforms Inc. Chief Executive Mark Zuckerberg confirmed today. The change on Meta-owned Instagram will allow users to display the digital collectibles as their profile pictures, following a move made by Twitter with its hexagon-shaped NFT profile images. NFTs are a type ...