This deep into the crypto winter has seen few debuts from major venture capital funds, a far cry from previous years. But the freeze hasn’t stopped some venture capitalists from launching new funds aimed at the decentralized technology market. Dispersion Capital has assembled an initial $40 million fund to invest in decentralized infrastructure, the company … Read more
The Solana Foundation launches an AI accelerator program and increases the grant program to $10 million Jacquelyn Melinek 12 hours As the artificial intelligence market continues to heat up, a number of crypto players – big and small – are diving in. The Solana Foundation, the nonprofit behind the layer-1 blockchain Solana, has officially integrated … Read more
Welcome back to Chain Reaction, a podcast that interviews crypto newsmakers to better understand the technology behind the hype and the people working towards a decentralized future. For this week’s episode, Jaquelyn interviewed Sergey Nazarovco-founder of Chainlink, a protocol that provides an oracle network for smart contracts. “Oracle networks are really the thing that puts … Read more
After all the resistance, Ledger tried to defend his position, but somehow managed to further enrage his users in a now removed tweet, “Technically, it is and has always been possible to write firmware that enables key extraction. You always trusted that Ledger wouldn’t implement such firmware whether you knew it or not. On Thursday, … Read more
As the NFT sector continues to waddle through a period of icy consumer interest, some collections are diving deep, exploring new waters and expanding their horizons into the physical realm in hopes of reaching more people and growing their brand. Pudgy Penguins, an (admittedly cute) NFT collection that doubles as a web3 IP company, is … Read more
Coinbase One is launching in 35 countries starting with the US, UK, Germany and Ireland Jacquelyn Melinek 8 o’clock Coinbase, the world’s second-largest crypto exchange, is launching its subscription service, Coinbase One, in 35 countries in an effort to retain users and grow its recurring revenue streams as the crypto economy struggles through a bearish … Read more
LayerZero Labs, the team behind cross-chain messaging protocol LayerZero, is teaming up with bug bounty and security services platform Immunefi to launch a $15 million bug bounty for its protocol, LayerZero co-founder and CEO Bryan Pellegrino told Exclusive to Acutely.info. The bug bounty alliance offers a maximum reward of $15 million for each new vulnerability … Read more
Ripple has announced that it has acquired Metaco, a Swiss-based cryptocurrency custody company, for $250 million in cash and Ripple shares. With this move, Ripple is expanding its offerings as it will now be able to hold, issue and settle any type of tokenized asset. “Metaco is a proven leader in institutional digital asset custody … Read more
Jia, a blockchain-based fintech that provides loans to micro and small businesses in emerging markets, has raised $4.3 million in seed capital and an additional $1 million pledge for on-chain liquidity, in a round led by early stage financier TCG Crypto, with participation from a number of funds including BlockTower, Hashed Emergent, Saison Capital and … Read more
Kraken, Gemini, and Crypto.com also plan to continue operating in the country Jacquelyn Melinek 8 o’clock The world’s largest crypto exchange, Binance, said last week that it would stop serving Canadian customers due to “new guidelines regarding stablecoins and investor limits for crypto exchanges.” But while the exchange said it will return to the country … Read more
Normally in the music industry it is more or less impossible for ordinary investors to buy music rights. For example, web3 startups saw an opportunity to tokenize music assets, giving fans access to music rights in a whole new way. This, of course, gained a lot of interest during the crypto boom a few years … Read more
The exchange’s chief business officer talks about investments, BD and the future of the exchange Jacquelyn Melinek 8 o’clock Binance, the world’s largest crypto exchange by volume, is going big on M&A this year, with a particular focus on geographic gaps and customer base. And helping the exchange there is the company’s chief business officer, … Read more