Blockchain

Redeem Raises USD 2.5M for Phone Number NFT Transfers

  Insights Desk   Mar 03, 2023

Highlights: Redeem, a Web3 business, received USD 2.5 million in pre-seed funding to simplify the transmission, receipt, and redemption of non-fungible tokens utilizing phone numbers. The roun...

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Coinbase, Paxos Cut Ties with Beleaguered Crypto-friendly Silvergate Bank

  Insights Desk   Mar 03, 2023

Highlights: Coinbase Global Inc., a major cryptocurrency exchange, recently announced that it will no longer employ Silvergate Bank to make dollar payments for its institutional partners, follo...

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Coinbase Launches Base, a Developer-Compatible Ethereum Layer 2 Blockchain

  Insights Desk   Mar 01, 2023

Highlights: Base is absolutely compatible with virtual machine standards of Ethereum. Coinbase is likely to use Base as a ground for its on-chain products and an open ecosystem to get more de...

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Wipro’s Latest Secure Decentralized Identity Solution Uses Blockchain Technology

  Insights Desk   Feb 23, 2023

Highlights: DICE ID service enables to verify and issue the credentials with the help of self-verified, tamper-proof digital certificates. By syncing blockchain technology with encrypted wall...

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Chaos Labs Receives USD 20M Seed Funding led by PayPal and Galaxy Digital

  Insights Desk   Feb 23, 2023

Highlights: The platform of Chaos Labs secures decentralized financial protocols against malicious activities with all preventive measures. Since its inception in October 2021, Chaos Labs col...

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Microsoft and Ankr Collaborate to Provide Enterprise Node Hosting Services

  Insights Desk   Feb 22, 2023

Highlights: Ankr will contribute its expertise in blockchain infrastructure, while Microsoft will provide the service via the Azure Marketplace with simple-to-purchase solutions. Builders will...

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Gateway.fm Raises USD 4.6M in Seed Capital to Make Decentralized Blockchain Nodes Availabl...

  Insights Desk   Feb 21, 2023

Highlights: Node infrastructure that connect with current blockchains and protocols and can link into the network with the right access is required to access this network for reading, writing, an...

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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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