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Decentralized finance API startup Conduit raises $17M to connect banks to crypto
Decentralized finance startup Conduit today announced it has raised $17 million in a new funding round led by Portage Ventures to help financial institutions connect to the crypto economy. Also participating in the seed round were FinVC, Gemini Frontier Fund, Diagram Ventures, Discovery Ventures, Jump Crypto and others. Conduit’s clients are traditional financial institutions looking ...
Second Life founder returns to bolster its metaverse expansion
Philip Rosedale, the founder of Second Life, is returning as a strategic adviser to its parent company Linden Lab to breathe new life into the veteran social virtual world game and guide its metaverse expansion. Founded in 2003, Second Life is one of the oldest virtual world games and set the bar for today’s online ...
Jack Dorsey proposes a legal defense fund for bitcoin developers
Block Inc. founder and Chief Executive Jack Dorsey has proposed the creation of a Bitcoin Legal Defense Fund that would provide financial support for developers on the receiving end of lawsuits. In an email sent to the bitcoin-dev mailing list today, Dorsey outlined that the fund’s primary purpose would be a nonprofit entity designed to ...
Unstoppable Domains launches single sign-on service for web3 apps
Unstoppable Domains, a platform for user-controlled digital identity using web3 technology, today announced the global launch of “Login with Unstoppable,” which provides single sign-on capability for Ethereum and Polygon apps. The company provides domain names as nonfungible tokens, which are represented as cryptographic assets on a blockchain, and can be used with the new service ...
CGS releases enterprise-ready AR training and collaboration solution
Enterprise outsourcing and learning provider Computer Generated Solutions Inc. today announced the worldwide launch of its TeamworkAR platform, an augmented reality solution designed for use by enterprise organizations on any mobile device or wearable. With TeamworkAR, remote employees can receive training or assistance with fieldwork and collaborate together using visual 3D models that can be ...
CircleCI is offering a new free CI/CD plan for DevOps teams with more features
DevOps platform provider Circle Internet Services Inc. today debuted a new free tier for software engineering teams that includes features and capabilities formerly only available in the company’s paid plans. CircleCI’s platform provides continuous integration and delivery capabilities for developers and engineers using automated processes to allow for developing and shipping code faster with fewer ...
Smart recycling firm RoadRunner raises $70M in new funding
RoadRunner Recycling Inc., a recycling firm that uses machine learning algorithms to assist businesses with waste management, today announced it has raised $70 million in a Series D funding round from General Atlantic’s BeyondNetZero, a climate-focused investment venture. Waste management can be a particular concern for businesses, especially given increasing regulations regarding climate change and ...
Privacy-focused Brave browser reports a significant leap in users
The privacy-focused browser Brave reported Wednesday that it has passed 50 million monthly active users, effectively doubling its growth year-over-year for the fifth year in a row. The browser also ended the year with 15.5 million average daily active users. Brave Search, a privacy-focused search engine launched in March, reached 2.3 million search queries during ...
Touchcast unveils its enterprise metaverse service MCity
The virtual experience and events platform Touchcast Inc. today announced the launch of MCity, its enterprise-scale metaverse product, designed to enable companies to bring their operations into virtual spaces for meetings, conferences and everyday work. The MCity platform provides what the company calls a metaverse-as-a-service. It’s powered by Epic Game’s Unreal Engine, as well as ...
Updated: Meta reportedly halts plans to build custom AR/VR operating system
Updated: Facebook’s parent company Meta Platforms Inc. has reportedly canceled a multiyear project to build an operating system designed to power its upcoming virtual and augmented reality headsets. According to news revealed by The Information today, the abandoned project was called XROS, a call-back to XR, a term for extended reality. The objective was to ...