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S. Korean City Busan Taps Huobi to Develop Blockchain Infrastructure
14.9.2022
Huobi Global and Huobi Korea will work closely with the city to develop its nascent blockchain industry
OpenNode sets up BTC payment infrastructure in Bank of Bahrain regulatory sandbox
13.9.2022
The kingdom in the Persian Gulf is taking its latest step in transforming its economy away from oil with the Bitcoin and Lightning Network infrastructure provider’s trial
Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto
13.9.2022
Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment option to its e-commerce platforms to enable guests to pay for gift vouchers using digital currencies....
Bolt Axes $1.5B Deal to Buy Crypto Infrastructure Provider Wyre
12.9.2022
A landmark deal that would have seen payments firm Bolt acquire Wyre for $1.5 billion has been scrapped by mutual agreement, according to a press release
Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site
11.9.2022
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure....
Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability
10.9.2022
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will...
Crypto Investor Paradigm Argues Infrastructure Providers Should Not Be Subject to US Treasury Sanctions
9.9.2022
The firm laid out a legal argument against Office of Foreign Assets Control (OFAC) sanctions targeting base layer participants such as miners and validators
MEXC Listed Web 3.0 Infrastructure Project Point Network on September 5
7.9.2022
On September 5, the Web 3.0 infrastructure project Point Network (POINT) has listed on the world-renowned cryptocurrency trading platform MEXC. The heading on the website is: “World’s First Full Web 3.0 Implementation”. What do they mean? First, what is Web 3.0? At this time last year, a16z...
VCs pour $14.2B into crypto in H1 2022, but investments now slowing
7.9.2022
KPMG noted that despite the expected downfall, investment figures remained well-positioned in comparison to pre-2021 figures, which highlights the growing maturity of the market
Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador
31.8.2022
El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Salvador. Surf City, another beach location in the La Libertad region, will also...
GameSwift CEO Wojciech Gruszka Explains Why Developing a Steam-Like Web3 Platform Is a Gamechanger
31.8.2022
GameSwift is a one-stop gaming ecosystem that aims to introduce cross-chain interoperability to web3 gaming. Chain, Web3 Infrastructure, Platform, and Gaming Studio are the four well-designed and integrated pillars of the ecosystem. Its original infrastructure facilitates implementing blockchain...
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement
27.8.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and...
Celsius, 3AC demonstrated why financial infrastructure should move on-chain
23.8.2022
Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is public
How to Build the Infrastructure of Web3 With Decentralized Data and Services
23.8.2022
The Computing sector consists of projects that decentralize the sharing, storing, and transmission of data by removing intermediaries and ensuring privacy for all users. It plays a key role in building the infrastructure of Web3
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors
17.8.2022
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and invest in new mining machines. Bit Mining to Use Fresh Capital...
Human Protocol Develops New Layer Featuring Voting, Proof-of-Balance, Liquidity, and Slashing – the Routing Protocol
10.8.2022
HUMAN Protocol is an infrastructure to reshape how humans work, by supporting distributed job markets in which any job, of any size or type, can be securely tokenized, published, and completed. The HUMAN team is now developing a new blockchain coordination layer to empower communities for positive...
FTX Pay Integrates With Reddit’s Arbitrum Nova-Powered Community Points System
9.8.2022
FTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points system. The integration has been rolled out in the U.S., EU, Australia, and other countries worldwide. FTX Pay will also join Infura, P2P, Google...
Greylock, Pantera Led $18M Round for NFT Infrastructure Provider Pinata
9.8.2022
Silicon Valley investment giant Greylock also backed Pinata’s $3.5 million seed round last year
Native Payment Infrastructure, Airswift, Raises $2M in Pre-Seed Funding Led by CE Innovation Capital
8.8.2022
PRESS RELEASE. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC). The latest funding comes amid a bear market sentiment and uncertainty around...
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021
7.8.2022
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across...