build

Web3 social infrastructure startup CyberConnect raises $10 million in seed funding

CyberConnect, a crypto startup developing tools for Web3 social media, gaming, and metaverse applications, has raised $10 million in a seed funding round.Sharing the news exclusively with The Block on Tuesday, CyberConnect said Multicoin Capital and Sky9 Capital co-led the round. Animoca Brands, Draper Dragon, Hashed, Zoo Capital, Smrti Lab, and Mask Network also participated in the round, among other investors. This was an equity + SAFT (simple agreement for future tokens) round, CyberConnect founder Wilson Wei told The Block. It will help the firm double its current team of

[SPONSORED] Kava Network: Powering a Decentralized Future

In our last article on Kava, we covered its origins and explored the suite of high-yield DeFi protocols that make up the Kava Platform. In the second article of our three-part series, we dive deeper into the Kava network and take a look at the ecosystem of best-in-class DeFi, NFT, and GameFi services that are being built on top of it. The Kava Network Originally built to support the Kava Platform, the Kava network is a highly secure and scalable Layer-1 blockchain. Built using the Cosmos SDK, the Kava network is

Toy Companies Hasbro, Funko, and Mattel Turn to Wax as Trusted Partner

William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB. However, Quigley was able to add another giant feather to his cap as WAX recently completed the rare “hat trick” as the official NFT partner for the toy industry’s “big three” – Funko, Hasbro and Mattel. WAX was already a trusted partner for many, working with

Education Ecosystem Is Set to Become the Biggest Crypto Channel for Developers on YouTube

press release PRESS RELEASE. Education Ecosystem (LEDU), a leader in online project-based learning, is excited to announce that it is presently creating over 1000 video projects for CMC Top 100 blockchains to teach developers how to build new applications related to financial apps, decentralized markets, games, crypto wallets, and more. With more crypto exchanges releasing their APIs and SDKs, Education Ecosystem seeks to plug a gap where crypto developers do not have tutorials and resources to learn how to build crypto products. Education Ecosystem believes that creating these projects, which

Paraguay Eyed as New Bitcoin Mining Destination

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release. The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens (NFTs), such as plots of land that they can build on. The Sandbox token, SAND, has a $2.46 billion market cap, according to data from intelligence platform CoinMarketCap. The startup’s majority stakeholder is Hong Kong-based gaming firm Animoca Brands,

Coinbase Acquires AI Customer Support Startup Agara

Coinbase acquired customer service startup Agara, according to a blog post on Tuesday. The deal is worth somewhere between $40 million and $50 million, TechCrunch reported citing two people familiar with the matter. The deal is expected to close later this year, Coinbase said in its post. Agara’s main product is an artificial intelligence-powered voicebot used in for customer support. Coinbase said it will leverage Agara’s tech to “automate and enhance” its customer experience tools. The deal also adds deep learnings and AI expertise to Coinbase’s existing tech capacity, and

Paraguay Eyed as New Bitcoin Mining Destination

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

What is OP Games?

OP Games is a gaming platform designed to help players access HTML5 games, join tournament competitions, and purchase OP NFTs.  Blockchain technology is currently making waves of innovations in various industries, taking the center of power away from big corporations and finally handing it over to the people. And the gaming industry would not be spared from this transition as blockchain is already on its way to land its territory through Web 3.0 gaming.  Table of Contents Background  Chase Freo OP Games is a Philippines-based gaming platform founded by CEO

🔴 Bitcoin Futures ETFs Are Here?! | This Week in Crypto – Oct 18, 2021

 Bitcoin Futures ETFs could come to exchanges soon, Coinbase is launching an NFT marketplace and guess which country is now the biggest crypto mining hub in the world? These stories and more this week in crypto. The price of Bitcoin surpassed the $60,000 mark following reports that the first U.S. Bitcoin futures exchange-traded funds could start trading soon. NYSE Arca certified its approval to begin listing ProShares Bitcoin Strategy ETF and Nasdaq confirmed that shares of Valkyrie’s Bitcoin ETF had been certified for listing on its exchange. The Bitcoin

Bakkt Holdings Set to Go Public on New York Stock Exchange

Crypto asset custodial and trading platform Bakkt will be listed for trading on the New York Stock Exchange under the ticker BKKT from Oct 18, 2021. The company is owned by International Exchange Incorporated, which owns the NYSE. Sponsored Sponsored Bakkt Holdings has a current valuation in excess of $2 billion. Coinbase, a competitor to Bakkt, was also listed on the NASDAQ in its own IPO in April of this year.  The company first announced in January that it was making plans to go public, and is now ready to