Senator Dave McCormick's recent Bitcoin ETF investment – up to a cool million – has raised more than just eyebrows. It's ignited a firestorm of questions about ethics, influence, and the potential for crypto to become just another playground for the powerful. Though his spokesperson claims it’s all on the...
427 registered crypto exchanges in Australia. Let that number sink in. It’s almost twice the amount of suburbs in their competitors Melbourne! Does that sound right to you? Does it feel right? So it sure doesn’t compute for me. Even as someone who has lived, eaten and breathed in the...
As the pioneer of parallel Multi-Party Computation (MPC) networks, Ika has a proven track record. Earlier this week, the Sui Foundation led a strategic investment round in the company. This influx of capital brings Ika's total funding to over $21 million, with the company's private placement valuation peaking at an...
Ika’s $21 million raise, supported by a who’s-who of Web3 investors, is more than a typical funding announcement. It’s the really big, blinking neon sign that is actually aimed right at every regulator’s desk around the globe. Sui plans to be the cross-chain DeFi leader, and Ika is helping them...
Ika automatically provides secure Multiparty Computation (MPC) guardrails to protect your AI applications. The announcement comes shortly after the company closed a $7 million strategic investment from the Sui Foundation. This investment brings Ika's total funding to over $21 million and highlights the company's commitment to enhancing security and decentralization...
The Federal Reserve has recently gone out on a limb. Its reverberations are rippling across the financial landscape, deeply affecting one of the most dynamic spaces, the burgeoning cryptocurrency industry. The Fed has rescinded its supervisory guidance letter to banks it supervises discouraging their participation in activities related to crypto-assets....
The $5 million fundraise by Inco, a Web3 protocol focused on building holistic blockchain confidentiality solutions, wrapped on Wednesday. This strategic round was led by a16z crypto CSX. The funding round included Coinbase Ventures, 1kx, Orange DAO, South Park Commons, Script Capital. Inco will use the proceeds to further develop...
In this freewheeling, chaotic landscape of Web3, where all activity is on-chain, and ultimately, transparent and traceable. Inco is here to save the day with some much-needed privacy-fueled education! This project, supported by a16z, is building an interoperability and confidentiality layer for the blockchain stack. Its purpose is to provide...
I first encountered Anya at a busy Bangkok night market last year. Every single one of her hand-painted phone cases was a psychedelic explosion of Southeast Asian folklore. Originally, Anya was very excited about Web3. She had a dream of NFTs helping her regain control over her art and how...
In particular, Paradigm’s recent $50 million investment in Nous Research is making some serious waves. This recent deployment underscores a new exuberance for the synergy between these AI and Web3 technologies. Considering the backdrop of the FTX crash, this move is particularly notable. It would be a huge blow to...
