Layerzero Labs disclosed that it has garnered $135 million in a Series A+ round of investment. The funding round was led by Sequoia Capital and Strategic Capital FTX Ventures, both of which are based in the United States. The stakeholders include cryptocurrency exchange Uniswap Labs, Paypal Ventures, American investment firm Tiger Global, and Coinbase Ventures. …
Tag archives: Blockchain
MIT Review Report says Quantum Computers Aren’t a Danger to Bitcoin
With his latest opinion piece for Technology Review, Sankar Das Sarma, a physicist from the University of Maryland has brought a sigh of relief to the global crypto community. Shunning the overhyped speculations for Quantum Computing, the expert in his detailed article has clarified that quantum computing is far away from a stage where it …
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Japan’s Central Bank Wants G7 To Adopt Common Crypto Regulatory Setup
Amid the growing craze for cryptocurrencies, financial watchdogs have shared their concerns about the lack of a well-structured regulatory framework for the industry. Ever since the launch of cryptocurrencies, governments have been skeptical about their involvement in illicit transactions. The latest news in this regard is coming from Japan where the central bank of the …
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Citi Report Speculates Success for Metaverse Industry
Do you know what’s the best thing about living like a Millennial in the digital era? Technology!!! Yes, the constant development in technology has opened doors to an advanced industrial and financial infrastructure for the world economy to grow and flourish. Where virtual assets continue to gain pace amongst investors, there has been a surge …
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7 Reasons Why College Students Should Learn Blockchain
In its most basic form, blockchain is a decentralized, digital ledger that records transactions in a public or private network. The key difference between traditional ledgers and blockchains is that blockchains are immutable, meaning that once a transaction is recorded, it cannot be altered retroactively. This makes blockchains an incredibly secure way to store data …
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Crypto Price Behaviour in Relation to Global Economic and Political Events
Cryptocurrencies are a nascent industry. As such, no trading day mirrors the previous one. Traders are learning how to play the market on the go. Trading patterns are rarely repeated, and uncertainty about how cryptos like Bitcoin will react to particular events often clouds over traders’ heads. While historical data doesn’t help much as well, …
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Opera adds Support For Eight New Blockchains, DApps on its Crypto Browser Platform
Coming from Norway, the popular web browser Opera has introduced a chain of developments in its core infrastructure to support its expansion across crypto and blockchain ecosystems. The globally-acclaimed browser has announced to add support for eight top-tier blockchain and layer-2 channels along with some potential decentralized apps or DApps. As part of its latest …
Lionel Messi Locks $20M Pact With Socios.com
Seeing the craze for cryptocurrencies, it seems that this year the world will see some of the biggest collaborations between global sports icons and crypto-related firms and projects. With Lionel Messi joining this bandwagon, one can easily understand how big deal crypto has become across the global financial space. Yes, you read it right, one …
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CME Group Presents Micro Bitcoin and Ether Options For Fans
Hailing as one of the biggest and most trusted derivatives marketspaces, Chicago Mercantile Exchange Group (CME Group) has taken a significant step to further its growth in the crypto sector. The globally-acclaimed financial entity has unveiled micro-sized Bitcoin and Ether options for the escalating crypto community. With this highly-anticipated launch, the CME Group is looking …
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LG Electronics expands its operations into blockchain & crypto
LG Electronics, a South Korean technology powerhouse, has modified its corporate development plans to include bitcoin and blockchain-based technologies. LG unveiled two distinct crypto-related goals. It reportedly wants to involve itself in “the creation and distribution of blockchain technologies” as well as “the marketing and broking of cryptocurrencies,” leading to speculation that the company might …
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Florida To Support Bitcoin Payments For Tax Collection
With cryptocurrencies becoming the mainstream financial tool for investors, governments from across the globe are striving to incorporate them into the core infrastructure. The latest to join this bandwagon is Florida where the government is looking forward to accepting tax payments in cryptocurrencies from the local citizens of the state. Governor Ron DeSantis revealed that …
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Crypto Firm DigitalBits Makes David Beckham Global Ambassador To Support Expansion
After leaving a legacy as an iconic legend in the game of football, David Beckham is gearing up for a successful inning in the cryptocurrency sphere. The star player has become the proud global brand ambassador for DigitalBits, a layer 1 blockchain protocol devoted to offering high-end security and scalability to users. With this collaboration, …
Meta Files 8 Trademark Applications Dedicated To Crypto and Metaverse
Meta Inc., the parent firm of popular social media platform Facebook is setting all the chords right to emerge as a strong player in new-age tech fields like crypto and metaverse. To execute its expansion plans in the sector, Meta has filed eight trademark applications with the U.S Patent and Trademark Office (USPTO) for seeking …
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Hyperledger Vs Corda Vs Ethereum: A Detailed Comparison
Various businesses are now progressively using distributed ledger technology solutions. New-age distributed ledgers are powerful enough to improve the efficiency of small, midsize, and large businesses, transform the payments landscape, and open the businesses to potential opportunities. As a result, the employment industry will also witness a large pool of job openings. Do you wish …
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Shiba Inu Returns to Competition with Dogecoin After Gaining Twenty-five Percent
Most of the leading altcoins saw decent increases as the global crypto market value rose past $1.71 trillion on the strength of Bitcoin’s climb above $42,000. On the other hand, Meme coins still had the hearts of the crypto investors, with many deciding to buy Shiba Inu. Thus, Shiba Inu recorded the largest market gains of …
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