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US Government Delays Tax Reporting Rules for Cryptocurrency Brokers
25.12.2022
The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto...
zkEVM could be the endgame for blockchain infrastructure
21.12.2022
Zero-knowledge virtual machines have the potential to revolutionize the portability of smart contracts, removing crypto’s last barrier to mass adoption
Current infrastructure can't support the Metaverse, says Huawei report
21.12.2022
Huawei’s Middle East region's chief strategist outlined that networks have issues with throughput, rendering and download speeds that need solving
Payments Giant Visa Proposes Using Ethereum L2 Starknet to Bolster Auto Payments for Self-Custodial Wallets
21.12.2022
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with self-custodial wallets can pay their bills. The blog post notes that while Ethereum doesnt...
Web3 Needs Seamless Infrastructure to Drive Adoption
16.12.2022
Web3 Infrastructure Firm Blocknative Raises $15M for Ethereum Block Building Market
15.12.2022
The funding round was led by Blockchain Capital, Foundry Group and several other venture capital firms
DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains
13.12.2022
The South Korean company intends to use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks
Bitcoin Infrastructure Firm Blockstream Seeks Fresh Funds at 70% Lower Valuation Than in 2021
8.12.2022
The Bitcoin-focused development and infrastructure firm Blockstream is seeking fresh funds at a valuation that “may be below $1 billion,” or about 70% lower than its most recent funding round in 2021, according to a Bloomberg report.
Blockstream’s valuation has likely been impacted by the collapse...
Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg
7.12.2022
The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021
Avalanche to power Alibaba Cloud's infrastructure services in Asia
3.12.2022
Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche's public blockchain platform in Asia
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
2.12.2022
Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint...
Morgan Stanley: Crypto Winter Hurt Confidence, but Building Digital Asset Infrastructure Remains Key
30.11.2022
Some investors see cryptocurrencies taking 10-15 years to become fully mainstream, the report said
Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses
25.11.2022
Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently...
Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities
23.11.2022
Rising from the ashes of old crypto exchanges, a new paradigm arises
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
14.11.2022
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos...
Mises Browser and Beosin collaborate to promote Web3 infrastructure
14.11.2022
Mises Browser took to Twitter to announce that it has entered into a strategic partnership with Beosin. The objective is to create a Web3 infrastructure that offers enhanced user experiences and services. Together, they will push the construction with security, application, and brand as their...
Alchemy Pay Brings OnRamp and NFT Checkout to London Token2049
11.11.2022
PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe’s foremost crypto conference – London Token2049. The Singapore-based company has taken its payment network infrastructure and pivoted to direct-to-customer (D2C) services, with...
Xternity, A Web3 Gaming Infrastructure Startup, Raises $4.5M
9.11.2022
Armed with $4.5 million from a pre-seed round of funding, the Web3 gaming platform company Xternity announced the beta launch of its platform. It’s on a mission to help developers embrace the concept of Web3 and new technologies such as blockchain and NFTs, which promise to transform the video...
Ramp Raises $70M to Provide Crypto Payments Infrastructure
9.11.2022
The round was co-led by UAE wealth fund Mubadala Capital and investment firm Korelya Capital
OKX Chain adds Meson Network as infrastructure network partner
8.11.2022
OKC, or OKX Chain, has added a substantial benefit to Web3-based projects. The L1 based on Cosmos has formed a partnership with Meson Network, which will now serve as its infrastructure network partner. Through the integration, the Web3 projects will be able to transmit their data through...