Author: Sam Bourgi

Ethereum competitor Near launches $800M developer fund as DeFi competition heats up

CoinTelegraph

Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the highly lucrative DeFi market is still in its infancy.  The new funding, which includes Read More

Building ‘OnlyFans on blockchain’ is a huge, untapped opportunity — Dfinity founder

CoinTelegraph

Dfinity founder Dominic Williams believes content creation platforms like OnlyFans are ripe for disruption now that decentralized technologies have become mainstream. He’s inviting developers to build a blockchain-driven content platform on Internet Computer (ICP) — a powerful general-purpose blockchain launched Read More

Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis

CoinTelegraph

Emerging markets across Central and Southern Asia have registered a dramatic uptick in cryptocurrency transactions, highlighting a diverse range of motivations among locals for gaining exposure to digital assets such as Bitcoin (BTC) and Ether (ETH). New research from blockchain Read More

ETH 2.0 moves closer to fruition as devs set Altair upgrade for October

CoinTelegraph

The Ethereum network’s long-planned upgrade to a scalable, proof-of-stake consensus model grows closer as developers set a date for the Altair upgrade.  Altair, which is described as the first mainnet upgrade to the Beacon Chain, is scheduled to take place Read More

A third of Salvadorans ‘actively’ using Chivo wallet, President Bukele claims

CoinTelegraph

Salvadoran President Nayib Bukele claims that 2.1 million of his fellow citizens are using the government-backed Chivo cryptocurrency wallet, offering a glimpse into the apparent success of the country’s Bitcoin (BTC) gambit.  The controversial president updated his 2.9 million Twitter Read More

Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures

CoinTelegraph

Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to back SOL-based startups.  Orca, which operates as a Read More

Smart contracts are coming to Bitcoin through Dfinity’s Internet Computer

CoinTelegraph

Dfinity Foundation’s Internet Computer blockchain is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the premier cryptocurrency.  Internet Computer will utilize its so-called chain key cryptography to integrate with Bitcoin, paving Read More

Coinbase Ventures, Samsung NEXT back Metrika’s $14M Series A

CoinTelegraph

Blockchain intelligence platform Metrika has concluded a $14 million Series A fundraiser to bootstrap the next phase of its growth strategy, further underscoring venture capital demand for budding blockchain startups.  Metrika announced Tuesday that the funding will be used to Read More

Digital asset manager Monochrome valued at $15M following Series A

CoinTelegraph

Australian digital asset manager Monochrome has concluded a $1.8 million Series A fundraiser led by some of crypto’s most influential entrepreneurs, underscoring the growing potential of institutional-grade crypto-asset solutions.  The cash injection will be used by Monochrome to develop new Read More

Stanford researcher-led Pledge raises $3M for decentralized lending protocol

CoinTelegraph

Decentralized lending protocol Pledge has secured $3 million in investments for its cross-chain ecosystem focused on long-term financing, highlighting the continued innovation in the DeFi sector.  The investment round was led by DHVC, a Palo Alto-based venture capital firm, with Read More

SubQuery raises $9M for Polkadot data protocol

CoinTelegraph

Decentralized data aggregator SubQuery has concluded a $9 million funding round to build Polkadot’s first data aggregation layer, a move that could strengthen data indexing for the emerging interoperability network. The investment funds will be used to continue building SubQuery’s Read More