Blockchain

Ironblocks – A Blockchain-based Cybersecurity Business Raises USD 7M

  Insights Desk   Feb 16, 2023

Highlights: Ironblocks has announced USD 7 million in early financing for their blockchain-native cybersecurity technology that uses smart contracts to automate threat detection for Web3 app deve...

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NYDFS Orders Crypto Firm Paxos to Stop Issuing Binance Stablecoin

  Insights Desk   Feb 14, 2023

Highlights: After the collapse of FTX, the U.S. federal government is tightening its grip on the crypto industry. Both the New York Department of Financial Services and SEC are keeping an eye ...

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US Air Force STRATFI Program Awards USD 30M to Blockchain Service Operator SIMBA Chain

  Insights Desk   Feb 02, 2023

Highlights: Due to its ability to track components, elements, or items in a supply chain throughout its existence in an easily auditable manner that helps eliminate errors, blockchain technology ...

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Everscale Receives Strategic Investment of USD 5M

  Insights Desk   Feb 01, 2023

Highlights: Everscale’s dynamic sharding is efficient enough to adapt to varying workloads. So, it becomes a practical and easy option for creating large-scale Web3 applications. Sharding he...

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Blockchain Security Company Hypernative Bags USD 9M To Thwart Crypto Hacks

  Insights Desk   Jan 31, 2023

Highlights: Hypernative, a cryptocurrency security company, has announced nine million dollars in early financing to help web3 businesses mitigate losses from attacks. Hypernative, a startup s...

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Blockstream Secures USD 125M to Expand Its Bitcoin Mining Services

  Insights Desk   Jan 30, 2023

Highlights: Blockstream plans to expand its renewable energy mining products with parallel development of its own bitcoin miner. Kingsway Capital led the convertible note, with active particip...

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QuickNode Raises USD 60M in Series B Funding to Accelerate Blockchain Adoption

  Insights Desk   Jan 30, 2023

Highlights: The company’s platform gives developers the tools and infrastructure they need to launch decentralized applications on blockchain networks, also known as Web3 dapps. Developers c...

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Calimero Secures a USD 8.5M Funding to Build Sharding Features for Blockchain Networks

  Insights Desk   Jan 24, 2023

Highlights: Calimero has two versions: the business console and the enterprise version for institutional users. The company’s next goal is to work with blockchains that use Ethereum Virtual ...

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DeGods and Y00ts NFT Collections Will Depart Solana for Ethereum and Polygon

  Insights Desk   Dec 28, 2022

Highlights: DeGods and Y00ts, two of the most popular nonfungible token digital art collections on the Solana blockchain, have announced their plans to migrate to Ethereum and Polygon. The mig...

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Revel Raises USD 7.8M to Be the NFT Version of Instagram and Robinhood

  Insights Desk   Dec 20, 2022

Highlights: Sideman said that letting people own personal assets like artwork and videos will open a new generation of digital media, and that’s where NFTs are going. Despite this decline, ...

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