Search results for infrastructure

  • Solana MEV infrastructure developer Jito Labs raises $10 million

    Jito Labs, which is building infrastructure to mitigate the negative impact of MEV on Solana, has raised a total of $12.1 million. The post Solana MEV infrastructure developer Jito Labs raises $10 million appeared first on The Block.

  • Reddit Integrates Community Points with FTX Pay’s Payment and Exchange Infrastructure

    Reddit has partnered with the FTX exchange to integrate payments through the FTX Pay app. Continue reading Reddit Integrates Community Points with FTX Pay’s Payment and Exchange Infrastructure at DailyCoin.com.

  • Tiger Global joins $12 million funding round for gamer infrastructure startup Lysto

    Lysto has raised $12 million in pre-Series A funding. The firm provides tools for gamers to verify their credentials on a blockchain. The post Tiger Global joins $12 million funding round for gamer infrastructure startup Lysto appeared first on The Block.

  • Mining infrastructure firm Tomorrow Crypto files to go public via SPAC merger

    The transaction values Tomorrow Crypto at approximately $310 million. The post Mining infrastructure firm Tomorrow Crypto files to go public via SPAC merger appeared first on The Block.

  • US Senators reintroduce amendment to clarify ‘broker’ definition in infrastructure law

    Senators have reintroduced an amendment that failed to clear the Senate after the passage of the infrastructure bill last year. The post US Senators reintroduce amendment to clarify ‘broker’ definition in infrastructure law appeared first on The Block.

  • Alchemy expands its infrastructure into Polkadot ecosystem via deal with Astar

    The partnership will help fulfill the scaling need of dApps on Astar, a parachain that operates a smart contract platform on Polkadot. The post Alchemy expands its infrastructure into Polkadot ecosystem via deal with Astar appeared first on The Block.

  • Titanium Blockchain Infrastructure Services CEO Pleads Guilty

    Michael Alan Stollery has pleaded guilty, after participating in a crypto scheme. Stollery is CEO of Titanium Blockchain Infrastructure Services, which earned $21 million from investors in an initial coin offering. He allegedly neglected to register the ICO with the Securities and Exchange Commission despite being obliged to do so, according to the U.S. Justice […] The post Titanium Blockchain Infrastructure Services CEO Pleads Guilty appeared first on Crypto Academy.

  • Blockchain infrastructure company Chain completes $100 million acquisition of MDT token ecosystem

    The deal is unique inasmuch as it will involve a merge between Chain's XCN and MDT. The post Blockchain infrastructure company Chain completes $100 million acquisition of MDT token ecosystem appeared first on The Block.

  • Blockchain infrastructure platform Blockdaemon acquires crypto data & security firm Sepior

    Blockdaemon, a blockchain node infrastructure provider supporting over 50 networks, today announced it has acquired Sepior, a data and digital asset security company focused on institutional-grade cryptographic key management and protection. The terms of the deal were not disclosed. Following the acquisition, Blockdaemon will add the ability to offer institutional customers custodial and non-custodial wallet […] The post Blockchain infrastructure platform Blockdaemon acquires crypto data & security firm Sepior appeared first on CryptoNinjas.

  • Gitcoin Raises And Donates $5M-Plus For Crypto Advocacy, Infrastructure And Climate Initiatives

    Gitcoin has raised and donated more than $5 million as part of its Grants Round 14. What Happened: Gitcoin, the world’s longest-running and biggest Web3 crowdfunding platform, leveraged its flagship technology, quadratic funding, to raise more than $5 million to go towards numerous projects focused on crypto advocacy, infrastructure and climate initiatives. Based on the Ethereum (CRYPTO: ETH) ecosystem, Gitcoin has so far has raised and donated more than $64 million towards funding numerous projects, despite the recent market bearish downtrend. Commenting on the effects of current market conditions on the growth opportunities provided by Gitcoin Grants, Annika Lewis, Grants Program Lead for Gitcoin, stated, “We like to think of Gitcoin Grants as a pilot light for the Web3 community during tough market times. While traditional sources of capital dry up, we aspire to continue to recruit funders and provide capital to those building through bear markets. We’re very encouraged by what we saw this month in Grants Round 14 which, despite the current market condition, was our second biggest grants round ever with $5M distributed through the platform.” Though networks such as Solana (CRYPTO: SOL) and Alchemy have also fundraised on a large scale for their projects, Gitcoin’s funds are channeled towards projects that are supported by the Web3 community, with careful precision and strategy. Furthermore, Gitcoin stands as the sole platform employing quadratic funding, a method highlighted by Vitalik Buterin in the Ethereum white paper. When asked about the role quadratic funding plays, as opposed to traditional fundraising methods, Gitcoin's Lewis stated “Quadratic funding takes into account the voice of the people in funding decisions — QF distributes funds bottoms-up based on the widespread preferences of the population-at-large, rather than top-down based on the decisions of a select few. As a result, QF is changing the game when it comes to grants funding — rather than a small selection committee deciding which few projects get funds, we have thousands of community donors deciding where these pools of capital get allocated.” Despite the recent crash in the crypto market, large-scale funds and VCs continue to pour billions into the crypto sector. Gitcoin’s latest move cements it as one of the strongest and largest Web3 platforms globally. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • RT Psycheout86: Last year was intense with scaling the team and infrastructure. We're now ready for a new chapter, with more Axie live operations. Wonder who will find the first #shinyAxie [twitter.com]

    RT Psycheout86: Last year was intense with scaling the team and infrastructure. We're now ready for a new chapter, with more Axie live operations. Wonder who will find the first #shinyAxie https://twitter.com/AxieInfinity/status/1547433092754903042