Kyt Dotson
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Report: Google Labs forms blockchain team to explore ‘next-gen distributed computing’
Google LLC is reportedly forming a new group to explore blockchain and other related peer-to-peer technologies. According to an email viewed by Bloomberg News, the new team, formed out of Google Labs, will be led by Shivakumar Venkataraman, an engineering vice president for Google’s parent company Alphabet Inc. He will also become a “founding leader” ...
Opera unveils web3-focused ‘crypto browser’ beta project
Opera Software today announced the Crypto Browser Project, a new web browser released in beta with a built-in crypto wallet capable of allowing users to directly access web3 decentralized applications. The crypto browser allows users to access web3 technologies such as blockchain-based cryptocurrencies, dapps, nonfungible tokens, games and metaverse applications directly without the need for ...
Varjo brings high-fidelity cloud-based streaming to its VR platform
Professional-grade virtual reality hardware and software provider Varjo Technologies Oy today announced the addition of cloud streaming to its Reality Cloud platform, which will bring real-life collaboration capability to its high-fidelity headsets. The new service allows users to experience virtual and mixed reality applications entirely from the cloud and stream human-eye resolution VR/XR content directly ...
Animoca Brands raises $359M at $5B valuation for NFTs and metaverse games
Animoca Brands, a Hong Kong-based metaverse company focused on nonfungible tokens and gaming, today announced it raised a hefty $358.9 million in its fourth funding round since May at a pre-money valuation of more than $5 billion. The round was led by Liberty City Ventures with participation from 10T Holdings, C Ventures, Delta Fund, Gemini ...
Walmart sets its sights on cryptocurrency, NFTs and the metaverse
Trademark filings from Walmart Inc. discovered by CNBC Sunday reveal that the retail giant may have plans to create its own nonfungible token virtual assets in order to sell virtual goods, plus a cryptocurrency. Walmart filed seven trademark applications on Dec. 30. They included a filing regarding the production of a digital currency as well ...
Block announces plans to build an open-source bitcoin mining system
Block Inc. Chief Executive Jack Dorsey announced in a tweet Thursday that the payments company is moving ahead with plans to build an open-source bitcoin mining system. Bitcoin mining is the process by which the bitcoin network is kept secure and new bitcoins are brought into circulation. New transactions on the network are added to ...
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 ...