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AWS announces Space Accelerator program for startups
Amazon Web Services Inc. announced Tuesday the launch of a new four-week business support program open to space startups called Space Accelerator designed to get these businesses off the ground. The objective of the AWS Space Accelerator program is to provide comprehensive technical, business and mentoring resources to startups using AWS at early stages to ...
Visa plans to allow payment settlements using cryptocurrency on its network
Credit card company Visa Inc. said today that it plans to allow the cryptocurrency USD Coin to settle transactions on its payment network via a partnership with the payment and crypto platform Crypto.com. Visa plans to offer the option through more partner sites later this year, the credit card company told Reuters in an exclusive ...
Singaporean fintech blockchain firm dltledgers raises $7M round
Singapore-based financial technology firm Distributed Ledger Technologies Pte. Ltd. today announced it has completed a new funding round of $7 million. The Series A funding round was led by India’s Regus and Savoy Capital, and existing investor Vittal and Walden International. The company also said that it has switched its distributed ledger blockchain technology infrastructure ...
Crypto wallet Blockchain.com raises $300M round on $5.2B valuation
Blockchain.com, a provider of cryptocurrency wallet and related services, today announced that it has raised $300 million in a new funding round. The Series C round was led by partners of DST Global, Lightspeed Venture Partners and VY Capital. It raises the valuation of the company to an estimated $5.2 billion. Blockchain.com currently claims to ...
Teamflow raises $11M in Series A funding to provide virtual office spaces
Teamflow, a provider of virtual office meeting services, announced Monday it raised $11 million in new funding led by Battery Ventures. The Series A round follows a seed funding round of $3.9 million led by Menlo Ventures, which the company closed two months ago, and brings the company’s total financing to $14.9 million. With the ...
Google Cloud works to help states roll out COVID-19 vaccines
Google Cloud today announced ways it’s helping state and local governments roll out COVID-19 vaccines to residents as part of its Intelligent Vaccine Impact program. The states that the Google LLC cloud unit has partnered with include Arizona, North Carolina, Oregon and the Commonwealth of Virginia. Google announced IVI in February to help communities get vaccines ...
Crypto custodial service Fireblocks raises $133M in Series C round
Fireblocks Inc., a cryptocurrency custodial services company, today announced it closed a new funding round worth $133 million from new and existing investors. The Series C round was led by Coatue Management LLC, Rabbit Capital and Stripes with strategic investment from BNY Mellon and SVB Capital. According to the company, Fireblocks is now the most well-funded ...
NEM announces enterprise-ready proof-of-stake blockchain platform Symbol
NEM Group Ltd. announced Monday the launch of a new enterprise-facing distributed ledger blockchain platform named Symbol designed for programmability and security. Symbol uses a blockchain technology known as proof-of-stake. That’s where a collaborative algorithm sets the next block based on a set of randomized and incentivized peers depending on how many coins they hold ...
Facebook announces plans to support COVID-19 vaccine roll-out and combat misinformation
Facebook Inc. today announced new tools that will make it simpler to get information out about COVID-19 vaccines and get people vaccinated as well as plans to continue combat misinformation about vaccines and the pandemic. “Today we’re launching a global campaign to help bring 50 million people a step closer to getting COVID-19 vaccines,” said ...
Blockchain-powered startup Coffee Shift seeks crowdfunding to cut out middlemen
Coffee Shift Inc., a startup that uses distributed ledger blockchain technology to allow bean growers to sell directly to customers by cutting out middlemen, announced its availability to investors via the equity crowdfunding site Wefunder starting today. The Wefunder campaign plans to raise $250,000 to help change the current coffee ecosystem, which represents a staggering ...