The order came after the government amended the country’s digital assets laws to allow locally mined crypto to be used to pay for imports. Source
Tag: 10M
Decentralized Data Platform Space and Time Raises $10M
Space and Time, which started as part of Chainlink Labs’ incubator program, uses Chainlink and other sources to pull data from blockchains, decentralized applications and off-chain systems. It’s database processes the data off-chain, avoiding high transaction or gas fees and slow throughput, and then transmits the data to a validation layer to be verified. The validated data is sent back on-chain to smart contracts, which is where the blockchain application that requested the data can see the results. Source
Startup Incubator Launch House Debuts $10M Fund with Web3 in Focus
House Capital will invest up to $150,000 in each deal with investments happening as the firm comes across new companies rather than at a set pace, said Launch House co-founder Michael Houck. The fund has already deployed capital to 17 startups, and the majority were Launch House veterans. The investments included crypto-accounting software Coinbooks. Source
AntPool Supports Ethereum Classic Ecosystem With $10M Investment
MIAMI — AntPool, the mining pool affiliated with mining rig giant Bitmain, has invested $10 million to support the Ethereum Classic ecosystem and plans to continue investing more, the pool’s CEO, Lv Lei, said at Bitmain’s World Digital Mining Summit on Tuesday. Source
Crypto Exchange KuCoin Raises $10M From Susquehanna to Fund Hiring, Growth Plans
KuCoin and SIG will also collaborate in incubation and ecosystem building for crypto startups through incubation, investment, and technical consultation. Source
SSV DAO to Distribute $10M in Grants for Staking Projects Ahead of Ethereum Merge
The SSV (Secret Shared Validator) DAO accrued $10 million in assets through strategic partnerships with Coinbase, DCG (Digital Currency Group is the parent company of CoinDesk), and OKEx. SSV DAO will funnel more than $3 million into open and pre-defined grants for developers building applications, staking pools and other tools needed by the network. In addition, the organization has earmarked $3 million for bug bounties and four million dollars for incentivized programs for early adopters and testers. The grants will be distributed in USDC, ETH and SSV tokens. Source
Harmony Horizon Exploit Linked to North Korea; $10M Bounty Offered in 'Global Manhunt'
Developers said the team was “gathering wallet data” and strategizing plans based on the impact that the incident caused on users. Source
Michael Saylor’s MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
SuperTeam Raises $10M to Build Blockchain Sports Game
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
MachineFi Lab Raises $10M to Incentivize IoT Data Collection for Web 3
Samsung Next was among the backers of the round, which pushed MachineFi to a $100 million valuation. Source