Other participants in the funding round included Spartan, Amber Group, CMT Digital, Hashkey, GSR, KuCoin Ventures, liquidity provider Paradigm.co, Pirata Capital, Breed VC, and WAGMI Ventures. The round takes Credora up to $16 million in total funding. Source
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The firm issued IOU tokens to its users after it froze withdrawals in September. Original
press release PRESS RELEASE. Abu Dhabi, 25 April, 2023 — Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Along with the testnet launch, Venom has also unveiled a host of in-house developed decentralized applications as part of its growing ecosystem. The testnet design suits both ecosystem users and developers. It enables developers to test and debug dApps and blockchain…
Bluesky allows users to use domain names as handles to help achieve decentralized verification and give users more control over their identity. Bluesky, a social media platform created by former Twitter Inc boss Jack Dorsey, has gained significant traction even before its official launch. The official Bluesky Twitter account has more than 252k followers without a solid protocol to showcase to the users. Nevertheless, the Bluesky application has been downloaded more than 245k times by iPhone users according to data provided from Data.ai. After Musk acquired Twitter late last year…
Leading hamburger purveyor McDonald’s experienced earnings growth for Q1 2023 despite sporting a pricier menu. McDonald’s Corporation (NYSE: MCD) has published its Q1 2023 earnings results which beat the consensus estimate. For the year’s first quarter, the fast food restaurant chain pulled in revenue of $5.9 billion versus the $5.59 billion expected by analysts. In addition, the prominent Chicago-based company realized earnings per share (EPS) of $2.63 adjusted versus $2.33 expected. McDonald’s also experienced an increase in US customer traffic despite hiking the price of its products to remain competitive in…
The Department of Foreign Assets Control (OFAC) and South Korea have joined forces to impose sanctions on three individuals who were accused of providing material support to the North Korean-based Lazarus hacking group. The accused individuals allegedly helped convert stolen crypto assets to fiat currency, which was then used to fund North Korea’s development of weapons of mass destruction (WMD) and ballistic missile programs. According to OFAC’s report, the Lazarus Group is involved in illicit financial and cyber activities that support North Korea’s WMD and ballistic missile programs. The group…
Over two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview. The organization which unites leading emerging economies will discuss its enlargement in early June. BRICS to Talk Expansion as Number of Candidates Continues to Grow The BRICS group of nations — Brazil, Russia, India, China, and South Africa — are scheduled to meet in Cape Town on June 2 – 3. Enlargement will be in the focus of their talks, according to Anil Sooklal, South…
The “Google for Startups Cloud Program” initiative, which provides support for startups and emerging projects, will now be offered to builders in the Web3 industry to scale their projects faster and more securely, according to a press release on Tuesday. Eligible projects from pre-seed to Series A, will be able to apply for the program, which includes up to $200,000 in Google Cloud credits, over two years, as well as other technical support, the press release said. Source
For Consensus 2023 we at CoinDesk are adding something new and timely: Intimate group discussions, in which a cross-section of interested parties – including developers, investors, government officials, entrepreneurs, and non-profits – will seek solutions to the crypto industry’s thorniest challenges. Coinciding with CoinDesk’s 10-year anniversary, it reflects a commitment to use our convening and publishing clout to help the Consensus community move the industry forward in a collaborative and constructive way. Original Source BiggestCoindeskConsensusCryptoIssuesTackling CryptoX Portal