Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions

Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last year’s totals. While the number of deals has declined in recent months, startups at the intersection of blockchain … Read more

Binance Card Adds Three New Altcoins: Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX)

Major global cryptocurrency exchange Binance announced Friday that three new altcoins are now added to its Binance Card including Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX). The card currently supports a total of 14 cryptocurrencies, including Cardano (ADA), Avalanche (AVAX), BNB, Bitcoin (BTC), Binance USD (BUSD), Polkadot (DOT), Ether (ETH), S.S. Lazio Fan Token … Read more

Kompute Seeks to be the “AWS” of Decentralized Cloud Computing

Kompute, a blockchain company based in Estonia, intends to render significant control and anonymity in cloud computing through a decentralized model explicitly created for Web3.  In a statement, Xabier Almazor, Kompute’s CEO, pointed out: “AWS, GCP, and many other big names are the leaders in centralized cloud computing; the problem is they control the … Read more

WazirX Faces Sanction For Abating Illegal Loan App Companies

Asian crypto exchange WazirX which has been under the probe of the Indian enforcement agency, Directorate of Enforcement has finally had its bank assets seized.  Cumulatively, the frozen bank assets are worth about Rs. 64.67 crores which is approximately $8.13 million at current market value.   After several investigations, including probing the directors of Zanmai … Read more

Coinbase Rises ahead of Second-quarter Earnings Report

Shares of cryptocurrency exchange Coinbase have been rising recently this week, although they are still down nearly 70% from the beginning of 2022. Coinbase shares rose 10% on Thursday after BlackRock, the world’s largest asset manager, announced a partnership with crypto exchange Coinbase to provide institutional investors with a new crypto access point. The shares … Read more