July 18: Bitrue Ventures, the research and investment section of crypto exchange Bitrue, has launched a $40 million investment fund and “is putting out the call to aspiring developers,” according to the team. A blog post reads: “Individual recipients of funding can receive up to $200,000 of investment funds that can be allocated however they
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter . Howdy! Last night, I attended my first ever New York Liberty game, and goodness me, were we ever up in the nosebleeds. But even from my perch in the rafters, it was clear
The Hong Kong Monetary Authority has revealed the names of five entities who have won participation in its stablecoin issuer sandbox. Standard Chartered Bank (Hong Kong), Animoca Brands Ltd., JINGDONG Coinlink Technology Hong Kong Limited, RD InnoTech Limited and Hong Kong Telecommunications (HKT) Limited are the other five entities. A day after the Hong Kong
Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter . T-minus: 84 days Crypto moves fast. The pace at which narratives evolve, explode and fade away is reflected in the conference circuit. So, as we’re now less than 90 days away from the
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices (CoinDesk) Top Stories Bitcoin (BTC) struggled to stay above $65,000, after falling below $64,000 during Wednesday’s American trading hours . After briefly retaking
Blockchain data provider Allium Labs has raised $16.5 million in a Series A round led by Theory Ventures. Allium Labs along with Visa also released its latest findings on stablecoin activity showing that demand for stablecoins has picked back up in 2024. Data platform Allium Labs, which provides enterprise-grade blockchain data to companies like Visa
Bitcoin miner Crusoe Energy announced a new multibillion-dollar deal with energy tech company Lancium to build a data center for artificial intelligence in Texas. Crusoe Energy, one of the first Bitcoin (BTC) mining companies in the U.S. to use wasted natural gas to power its operations, announced on Thursday morning a “multibillion-dollar” deal with Lancium
Zivoe, a real-world asset (RWA) credit protocol, will launch its mainnet on July 31 as the protocol aims to democratize access to credit. The announcement comes alongside Zivoe’s successful raise of $8.35 million from investors and coincides with the platform’s Initial Tranche Offering (ITO), a liquidity bootstrapping mechanism aimed at attracting initial Total Value Locked
Blockchain data provider Allium has secured $16.5 million in a Series A funding round led by Theory Ventures. Allium, a database startup enabling enterprises to query blockchain data, has raised $16.5 million in its Series A funding round to enhance its infrastructure. In a Thursday press release, the New York-headquartered firm announced that this funding
Chinese technology behemoth Tencent has completed a $15 million Series A funding round for Chainbase, an omnichain data network for web3. According to a press release shared with crypto.news, the funding round saw participation from notable investment entities, including Tencent Investment Group, Matrix Partners, and Hash Global. Chainbase is the world’s largest omnichain data network.