The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI and SocialFi-related protocols.
Microsoft pours $2.2B into Malaysia for cloud, AI expansion
In a statement, Microsoft said it will collaborate with the Malaysian government to establish a “national AI Center of Excellence” and improve cybersecurity capabilities.
Galaxy, Lightspeed Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
The company from ex-Coinbase employees aims to help developers build better blockchain wallets.
Ethereum’s ‘Censorship’ Problem Is Getting Worse
Four of the five biggest “block builders” on Ethereum are excluding transactions sanctioned by the U.S. government, according to new research.
Decentralized Infrastructure Provider Grove Raises $7.9M
Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don’t need to incur the costs of buying and running their own equipment.
The Benefits of Building Apps On-Chain
Blockchain networks are information networks, which can be leveraged to build new types of tools and experiences, Variant’s Alana Levin writes.
‘Intents’ Are Blockchain’s Big New Buzzword. What are They, And What Are the Risks?
Intent-centric programs are quietly transforming how we operate on blockchains, but they bring risks as well as benefits.
Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs & infrastructure services
The blockchain security firm will look to support open-source projects building security and privacy tools and services for Web3.
Examining dYdX’s Path to Profitable DeFi
Former Andreessen Horowitz execs launch Bastion after $25M funding round
The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies.
Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
Google Cloud to optimize Polygon zkEVM scaling performance
Polygon Labs and Google Cloud will team up in a multi-year agreement to drive the development and adoption of the Ethereum scaling protocol’s infrastructure and developer tools.
Blockchain Infrastructure Provider 0x Rolls Out New Suite of APIs
0x announced that its new platform is aimed at providing developers the tools to build financial products on crypto rails.
A16z Sees Web3 Strength in Second ‘State of Crypto’ Report
The venture capital giant sees bear markets as a time for builders, particularly blockchain infrastructure projects.
‘Killer use case’: Citi says trillions in assets could be tokenized by 2030
The bank predicts the private equity market to become the most “tokenized” asset class because it is more liquid and can be fractionalized.
What Are VCs Funding After FTX? More Decentralized Infrastructure
Infrastructure projects and regulatory-resistant protocols have attracted cautious investors.
Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank
The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE.
Bank of England thinks digital pound can co-exist with private stablecoins
The central bank wants an e-GBP to be retail-focused and could form part of a “mixed payments economy” alongside cryptocurrency stablecoins.
House members urge US Treasury Secretary to clarify definition of broker in infrastructure law
“We must ensure requirements imposed on the digital asset ecosystem are both crafted and implemented in such a way to ensure the United States remains at the forefront of financial innovation,” said the letter to Janet Yellen.
Mark Cuban likens shutting off crypto growth to stopping e-commerce in 1995
Bitcoin proponent Mark Cuban is certainly not happy with the tighter rules for crypto businesses introduced in the new infrastructure bill.