Quick Take
- TransferGo recently closed a $50 million Series C round co-led by Elbrus Venture Fund III and Black River Ventures.
- The Wise rival has been exploring whether decentralized technologies could make the remittance process more efficient.
Solana Ventures, the investment arm of Solana Labs, announced Tuesday a new $150 million fund to back blockchain gaming startups.
The post Solana Ventures announces new $150 million fund for blockchain gaming appeared first on The Block.
A forthcoming NFT drop will include digital collectibles of the Warriors’ six NBA Championship rings and 10 commemorative ticket stubs.
The post FTX US signs NFT deal with the Golden State Warriors basketball team appeared first on The Block.
Quick Take
- In our first of many research pieces on crypto mining, we look at the evolution of the ecosystem over the past decade.
- Since the Bitcoin ASIC mining era in 2013, manufacturers have managed to improve miner efficiency by 100 times.
- Mining farms have transformed from small facilities to publicly-listed companies with hundreds of megawatts in their production pipelines.
Quick Take
- Polygon recently announced the acquisition of MIR protocol, a zk-SNARK rollup
- Polygon also recently launched Polygon Miden, the first open-sourced STARK-based rollup framework
- Polygon has previously started exploring the ZK-rollup space, with its acquisition of Hermez Network and partnership with EY for Polygon Nightfall
- Polygon’s PoS chain has seen increased adoption but this success may not translate directly for their suite of ZK solutions by the time they are production-ready
The New York-based NYDIG’s valuation now stands at $7 billion following the $1 billion funding round led by WestCap.
The post NYDIG announces $1 billion funding round, valuing company at $7 billion appeared first on The Block.
Atomic is a computer science term that generally means “irreducible” and “Atomicity” is the first word in the acronym ACID as it relates to guaranteeing transaction integrity in database technologies
The post Atomic Exchange – What is it? Why does it matter? appeared first on The Block.
USDC, the stablecoin issued by Circle, is now supported on the Avalanche blockchain to boost DeFi on the fast-growing network.
The post Circle’s USDC stablecoin deployed on Avalanche blockchain appeared first on The Block.
Car manufacturer Tesla will be offering merchandise for sale with dogecoin (DOGE) according to Tesla CEO Elon Musk.
The post Elon Musk: Tesla will start selling merchandise for Dogecoin appeared first on The Block.
Nike announced on Monday that it is pushing further into the metaverse with the acquisition of RTFKT.
The post Nike buys NFT collectables startup RTFKT appeared first on The Block.
