Blockchain database firm SxT Labs raises $20M in Series A round
Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round.
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Bitwala Teams Up With Celsius to Offer Interest to Hodlers
Blockchain banking app, Bitwala, has integrated with DeFi app Celsius to offer interest to Bitcoin hodlers. 1184 Total views 44 Total shares German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer annual interest on Bitcoin (BTC) holdings of up to 4%.Funds deposited from customers who opt to…

Crypto wallets deter gamers from trying Web3 games: Report
Over 10% of participants surveyed said that complicated wallets are the main reason they haven’t played Web3 games.

Tobacco Giant Philip Morris Estimates It Could Save Up to $20 Million by Using Blockchain
International tobacco company Philip Morris is considering blockchain use in tracking tax stamps on cigarette boxes, the firm’s spokesperson confirmed to Cointelegraph on April 26.Philip Morris International is looking to implement emerging technologies such as blockchain in order to improve the efficiency, transparency and cost effectiveness of its business, the company’s representative said in an…

Blockchain Lending Firm Dharma Raises $7 Million From Coinbase Ventures, Others
San Francisco-based blockchain lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures, as the company confirmed to Cointelegraph on Feb. 5.According to crypto news outlet The Block Crypto, Dharma Labs is planning to use the raised capital mostly for its Lever product, a platform providing instant margin loans for cryptocurrency…

VCs don’t understand that Cardano has a community: Charles Hoskinson
Hoskinson also highlighted the need to change Silicon Valley’s “bizarre mantra of move fast and break things” in crypto, which caused losses of $10.5 billion in the decentralized finance (DeFi) space in 2021. 1268 Total views 12 Total shares In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem…

Australia to Release National Blockchain Roadmap After Year of Preparation
The Australian government is going to launch its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation.It has been almost a year since the country’s Ministry for Industry, Science and Technology and Ministry for Trade, Tourism and Investment announced the national blockchain strategy and roadmap last March.The new policy roadmap aims to…

SSV.network hits mainnet to increase decentralization of Ethereum staking pools
SSV.network launches distributed validator technology network with more than 10 partner staking DApps to help decentralize Ethereum staking. 52 Total views 1 Total shares Criticisms aimed at the perceived centralization of Ethereum (ETH) staking pools may finally be quelled by an alternative staking infrastructure that aims to improve private key security and reduce validator down

Polygon and Fabric team up to fast-track ZK-proof adoption on AggLayer
The integration of Fabric Cryptography’s Verifiable Processing Units promises faster, more secure transactions on Polygon’s AggLayer.