Ethereum-powered layer-two scaling solution Matic Network (MATIC) has today announced Coinbase Ventures, the venture capital arm of top-tier cryptocurrency exchange Coinbase, as an investor in its seed round. Matic Network – which utilizes sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of proof-of-stake validators – announced the Coinbase Ventures investment news via…
Read MoreAuthor: Matthew Willemsen
Crypto Investors Bet $1.1M on Guesser Prediction Market Startup in Historic Fundraise
Guesser, a user-friendly interface built atop the Augur (REP) decentralized oracle and prediction market protocol, has secured $1.1 million in seed funding from several crypto-friendly venture capital funds. For Guesser, whose team works out of the Spanish capital of Madrid, the injection of capital provides them with “the opportunity to build a top team of highly driven people, define market…
Read MoreBlock.one U.S. Hiring Spree: #B1June Just the Beginning?
It appears Block.one – the publisher of the EOSIO blockchain protocol tied to the popular EOS cryptocurrency – is planning a longer stay at the U.S. capital than its mysterious one-day #B1June event leads on. Indeed, looking to Block.one’s careers page, it appears the well-resourced, Hong Kong-headquartered blockchain software company is preparing to open an office in Northern Virginia, the…
Read MoreRockefeller New York Lead Joins Quant Network Board
Quant Network (QNT) – the project best known for developing the first-of-its-kind Overledger blockchain operating system – have announced the appointment of Guy Dietrich (Managing Director, Rockefeller Capital Management) to its board of directors. Dietrich – as Quant Network’s blog post states – brings “over 35 years of investment experience” to the Quant Network board. In his capacity as managing…
Read MoreOmiseGO’s OMG Network Goes Public in Plasma Breakthrough
The team behind OmiseGO (OMG) have today realized a major milestone; enabling public access to the alpha release of its so-called OMG Network – a proof-of-stake and infinitely scalable Plasma blockchain with a decentralized exchange built into its core consensus layer – for the very first time. The network’s alpha version, which the OmiseGO team are calling Ari – the…
Read MoreBlitzPredict (XBP) Unveils 0x-, Augur-Enabled Prediction Exchange
BlitzPredict (XBP) has today released the alpha testnet version of their BlitzPredict Exchange, a peer-to-peer, non-custodial betting exchange built on Ethereum and utilizing each of the Augur (REP) and 0x (ZRX) protocols. Announcing the news through a blog post on Thursday, the Las Vegas-based BlitzPredict – which completed an initial coin offering (ICO) in March 2018 for its ERC-20-compliant XBP…
Read MoreClearmatics Duo Publish ZETH Research Paper, PoC Implementation of Zerocash on Ethereum
Antoine Rondelet and Michal Zajac – blockchain research firm Clearmatics’ cryptography lead and cryptography researcher, respectively – have published a research paper and proof-of-concept implementation of Zerocash on Ethereum called ZETH. Explaining the purpose of the paper in their abstract, Rondelet and Zajac point out that while Zerocash – a protocol utilizing succinct non-interactive zero-knowledge arguments of knowledge (i.e., zk-SNARKs)…
Read MoreAustralia’s First End-to-End STO Platform Launched by Nugget’s News, Konkrete
Friday saw Australia’s leading crypto- and blockchain-related educational platform and consultancy, Nugget’s News, partner with security tokenization startup Konkrete to launch the country’s first end-to-end solution for security token offerings (STOs). In an announcement published by Nugget’s News, the partnership with Konkrete provides Australian entrepreneurs with the opportunity “to create a compliant security token issuing for investors in Australia, New…
Read MoreBitcoin Gambling Game Lightning Spin Becomes First-Ever LApp to Sell
The creator of one of the Bitcoin Lightning Network’s pioneering lightning applications (LApps) has today announced its sale. The LApp, known as Lightning Spin – a bitcoin gambling game powered by the Lightning Network – was launched roughly nine months ago by Portuguese web developer Rui Gomes. For many, Lightning Spin represented “one of the first Lightning apps where you…
Read MorePolkadot Ecosystem Primed for Growth as Web3 Foundation Grantees Unveiled
Thursday saw the Web3 Foundation – a non-profit stewarding technologies and applications in the fields of decentralized web software protocols – unveil its first wave of grant recipients; an announcement set to bolster the rate of the Polkadot ecosystem’s growth. All up, there were ten projects comprising wave one of W3F Grants. Among them were wallet-oriented projects – Polkawallet, Enzyme,…
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