Wemade, a publicly listed company in South Korea that’s also one of the largest with a market capitalization of over $1.4b and better known for its game, The Legend of Mir 2, has partnered with Space ...
Tag: infrastructure
A16z invests in crypto wallet infrastructure startup Capsule
Deals • March 14, 2023, 12:00PM EDT Published 30 minutes earlier on Capsule, a crypto wallet infrastructure startup, emerged from stealth with funding. Andreessen Horowitz (via its accelerator C...
Mawson Infrastructure Group Inc. Confirms No Exposure to Silvergate Capital and SVB, Transfers All Assets Away from Signature
SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, communicates to the market that it doesn’t have any historica...
Blockchain infrastructure developer Smooth raises $2 million in seed funding
Deals • March 14, 2023, 10:00AM EDT Published 30 minutes earlier on Smooth Labs, a blockchain infrastructure startup, raised $2 million in a seed funding round. NGC Ventures, one of the most act...
Crypto infrastructure provider Orbs raising $10 million from DWF Labs in token round
Published 30 minutes earlier on Orbs, a developer of crypto infrastructure, is set to raise up to $10 million from DWF Labs. DWF Labs will purchase Orbs tokens worth up to $10 million, the web3 ...
TRON Founder Asserts the Need for a Robust Banking Infrastructure
H.E. Justin Sun tweeted about the potential harm prevalent in the financial sector, referring to the SVB fall. The TRON founder added that it is necessary to build a reliable bank. He added that he wo...
Mawson Infrastructure Group Inc. Announces February 2023 Operational Update
Mawson’s installed operational capacity as of February 28, 2023 was approximately 50 Megawatts across Bitcoin Self-Mining and Hosting Co-locations Approximately $2.2m in revenue for February 2023 gene...
Maverick Protocol DEX launches with Lido integration to compete with Uniswap
A new contender is challenging Uniswap for decentralized exchange supremacy. Or so Maverick CTO Bob Baxley believes. Maverick Protocol, along with Lido, Liquity and Galxe, today deployed a dece...
TerraCVita Mulls Creation of Infrastructure Testnet for Terra Classic Network
The network will allow the Joint Layer 1 Task Force to synergize efforts with DApp developers. Rex Harrison, aka Rexyz, a senior member of TerraCVita, an independent Terra Classic development group, h...
FTX sues Grayscale and DCG, citing ‘exorbitant’ fees
Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was in violation of Trust agreements. The FTX debtors also filed ...
Crypto Exchange LBank Signs With Encryptus for Crypto to Payout Infrastructure – Press release Bitcoin News
press release PRESS RELEASE. LBank; a leading token-to-token crypto exchange, has partnered with Encryptus Europe UAB; a licensed crypto and fiat infrastructure company, to streamline their crypto to ...
We Just Need To Invest In Them
The next superstar can come from anywhere. By investing in music as we do with any form of infrastructure, communities can have a stake in their success. 2022 was a positive year for the business of m...
Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia – Mining Bitcoin News
The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular p...
The CDC Wants To Modernize Its Healthcare Data Infrastructure
Public health policy initiatives and community health outcomes have never been more important. On a global scale, this is generally managed by the World Health Organization, an agency empowered by the...
SpankChain founder teases Tornado Cash ‘sequel’
Ameen Soleimani, the co-founder of SpankChain and Reflex Labs, has teased a revival of sorts for the controversial Ethereum transaction mixer, Tornado Cash. Soleimani’s tweet indicated the...
Crypto mining facility integrates with web3 cloud computing infrastructure – GotGh #3
In the latest episode of Gathering of the Gigahash podcast, Akiba, Big Dave, and their guest, Hawk Crypto, discuss the current state of the crypto mining industry. They cover a range of topics, includ...
Central African Republic’s Sango coin experiences deposit downtime
Sango, the coin by the Central African Republic launched in 2022, may be experiencing issues with deposits, representatives for the project said on Telegram. “We have some fantastic news!&...
Mawson Infrastructure Group Inc. Relocating 5,376 ASIC Miners to Pennsylvania Sites
Closes Australian ‘Condong’ Site and redeploying 8 x 2.5 MW Mobile Data Centers for Deployment in Q2, 2023 Strategic decision to focus entirely on the United States and to continue the execution of it...
Coinbase unveils its Ethereum Layer 2 network that won’t have a token
Coinbase is officially jumping into the Layer 2 game. The crypto exchange giant unveiled Base, a testnet version of its new Ethereum Layer 2 network, at ETHDenver. Modeled on Ethereum’s Go...
Obol to bring distributed validators to Ethereum this year
Obol Technologies has brought its distributed validator technology to the Ethereum mainnet for the first time in an internal alpha testing phase. If successful, the project aims to make Ethereum more ...
Web3 database developer Polybase raises $2 million in pre-seed funding
Deals • February 22, 2023, 9:01AM EST Published 30 minutes earlier on Polybase, a crypto startup developing a privacy-focused decentralized database, raised $2 million in a pre-seed funding round. ...
A16z backed Bitski launches digital currency wallet
Web3 • February 22, 2023, 8:00AM EST Bitski today rolls out a new wallet targeting crypto natives and newcomers alike. Backed by major investors such as A16z, Galaxy Digital and Kindred Venture...
Microsoft and Ankr partner to offer blockchain node infrastructure service
Microsoft partnered with web3 infrastructure provider Ankr to offer a node service for enterprises in need of blockchain data access. The two firms will work together on a new node hosting serv...
Crypto: BitTorrent implement AI infrastructure
Crypto and AI collaborate again: Justin Sun, the billionaire founder of the Tron blockchain network and BitTorrent, has announced the introduction of a new payment system to support the fast-growing a...
Lemniscap backs $4.6 million raise for infrastructure provider Gateway.fm
Gateway.fm raised $4.6 million in a round led by Lemniscap to build decentralized blockchain infrastructure tools. The seed round also saw participation from investors including CMT Digital, the...
Infrastructure jobs are booming — but not fast enough to rebuild America
As industries continue trying to fill the labor shortage, infrastructure jobs are in high demand. Yet the projected growth in the infrastructure workforce, which ranges from construction workers to bu...
Gate.io integrates with Copper’s ClearLoop network amid fresh focus on custody
Crypto exchange Gate.io is partnering with digital asset custody firm Copper.co to fully integrate with its ClearLoop solution in a move that will allow users to quickly execute trades while maintaini...
Flash loan exploit appears to be behind Platypus USD stablecoin attack
Platypus USD (USP) lost its dollar parity on Thursday following an apparent exploit that allowed a wallet to siphon off about $8.5 million from the token’s liquidity pools, just weeks after Plat...