Deal Box launches $125M blockchain and Web 3 venture fund

According to a press release published on Jan. 18, U.S.-based capital markets advisory and token offering platform Deal Box has launched a new $125 million venture capital arm dedicated to blockchain and Web 3.0 startups. The fund, dubbed Deal Box Ventures, will invest in companies categorized in the emerging growth, real estate, fintech, funtech, and social impact fields. Commenting on today’s development, Thomas Carter, founder and chairman of Deal Box, said:  “Deal Box Ventures is an important milestone in our journey to invest in the most promising and disruptive blockchain…

Deal Box offers $125M blockchain and Web3 venture fund

According to a news statement dated January 18, the capital markets advice and token offering platform Deal Box, which is located in the United States, has formed a new venture capital arm with a total of $125 million in funding targeted to blockchain and Web3 firms. Deal Box Ventures is the name given to the fund that will be used to make investments in businesses operating in the rising growth, real estate, fintech, funtech, and social impact industries. Thomas Carter, founder and chairman of Deal Box, issued the following statement…

Education is key to driving sustainability in blockchain and beyond

The World Economic Forum (WEF) in Davos, Switzerland, brings together global leaders and thinkers across various industries to hone in on global issues each year. As the world of crypto and blockchain continues to push into the mainstream view, it, too, has become a topic of discussion at the legacy event.  Cointelegraph editor-in-chief Kristina Lucrezia Cornèr moderated a panel on Jan. 17, which touched on sustainability efforts in the blockchain industry.  Even though not all panelists come from the same background, they unanimously highlighted education and learning as the key…

The Inter-Blockchain Communication Protocol will end ecosystem maximalism

When I entered crypto, I succumbed to the contest between blockchain ecosystems, believing one had to be “better” than others. I have since realized the future of cryptocurrency is bringing with it a variety of platforms that will excel at different things. With the Inter-Blockchain Communication Protocol (IBC), I’ve left behind the days of thinking chains have to compete and embrace a connected interchain future. Let me explain. Solana, Polkadot, etc. — what do they have in common? They are individual state machines, each trying to achieve something only one…

Signs of Change as US Lawmakers Create Subcommittee for Crypto – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin exploded last week with an incredible 24% move, as Bitcoin mining difficulty rallied too. Bitcoin mining difficulty is a measure of how difficult it is to create the next block of transactions. This metric resets every two weeks and climbed by over 10% last week according to data from BTC.com – the largest rise since October. Bitcoin mining difficulty fell 3.6% before the last update, after a winter storm led some miners to shut down. However, now miners…

California Cannabis Grower Using Blockchain For Tracking

A cannabis nursery located in California has used blockchain technology and smart contracts in order to confirm the genuineness of the therapeutic plants they sell. The cannabis nursery, which goes by the name Mendocino Clone Company, was given its moniker on January 13 in a statement about a cooperation between the EMTRI project and the technology company Global Compliance Applications. To issue a batch certificate for each and every clone, also known as a baby plant, it will be necessary to make use of the capabilities offered by the blockchain…

3 blockchain use cases far beyond crypto

Blockchain use cases have expanded far beyond cryptocurrency in the past years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics, and financial services.  The hype has many reasons behind it. Blockchains are decentralized, transparent, and increase the capacity of a whole network, opening a window for solutions that require significant computational power. More importantly, it gives users the capacity to control their assets, including their data, without relying on third parties. As blockchain evolves, companies across the world are working to find the…

Hive Blockchain Deploys First Intel-Powered Bitcoin Mining Machines

More than 1,500 of the Intel-powered machines have already been installed across the miner’s facilities in Canada and Sweden and they have met performance targets, the miner said. Hive had initially ordered 13,000 machines to be manufactured in 2022, but reduced the order “to methodically scale the business during the crypto bear market,” according to the Friday press release. Source link