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“# Top blockchain mentors join forces to advise on ‘groundbreaking’ Solana projects ” Solverse, a Solana-focused accelerator program, has tapped 21 subject matter experts to advise on up-and-coming Solana projects, setting the stage for further development of the high-performance blockchain network. Representatives from 21 companies were selected to join the Solverse mentorship program. The mentors…
“# Dapp for upcoming Diem blockchain raises $4.5M in seed investments ” Pontem Network, a decentralized application that seeks to connect Facebook’s Diem to public blockchains like Ethereum (ETH), has raised $4.5 million in seed investments, setting the stage for continued development of the ambitious digital currency project. The Pontem Network is described as a…
“# Mike Novogratz-backed firm announces $100M crypto investment fund ” Cryptology Asset Group, a Malta-based investment outfit co-founded by serial entrepreneurs Mike Novogratz and Christian Angermayer, is set to offer support for crypto VC firms. In a release issued on Thursday, the European holding company announced plans to float a $100 million investment in first-time…
“# Norton360 antivirus tool will allow its 13 million customers to mine Ethereum ” Cybersecurity firm, NortonLifeLock, has launched Norton Crypto, a tool allowing consumers to “safely” mine cryptocurrency through its Norton 360 product. From June 3, select 360 users will be invited to join Norton’s early adopter program for Ethereum mining. Norton also plans…
“# Ripple seeks docs from 15 offshore exchanges it says could be ‘fatal’ to the SEC’s charges ” Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, have filed a motion requesting the U.S. Securities and Exchange Commission investigate Bitfinex’s parent company, iFinex, and 14 other international crypto exchanges. The June 2 motion requests documents from…
“# Funding surpasses $2 million for this charity DAO ” Opportunities for cryptocurrency usage have risen over the years as digital assets have become more well known. One operation, called Endaoment, is aiming to put charitable giving in the hands of the people and recently secured over $2 million to further its endeavor. “Endaoment facilitates…
“# Metaplex NFT marketplace launches on Solana ” A nonfungible token marketplace by the name of Metaplex has officially launched on the Solana blockchain, highlighting the continued adoption of NFT technology. Platform developer Metaplex Foundation announced Wednesday that the new marketplace has been launched with strategic support from Solana Labs and cryptocurrency exchange FTX. The…
“# Polygon and AU21 Capital unveil $21M fund to support Polygon developers ” Polygon ecosystem is getting a major funding boost thanks to a new joint venture fund with blockchain venture capitalist AU21 Capital, setting the stage for wider adoption of the Ethereum-compatible infrastructure platform. The $21 million Polygon Ecosystem Fund announced Wednesday is designed…
“# Coinbase rival Kraken launches mobile crypto trading in US ” Major global cryptocurrency exchange Kraken has launched a mobile crypto trading application in a new move to boost industry adoption in the United States. The company announced Wednesday that its new app is now available for most of the United States as well as…
“# Fortunes turning? Specialized GPUs and SSDs come to aid crypto miners ” After an exceptional start to the year, the crypto market entered a bearish period in mid-May, causing some to reevaluate their stance on some of the fundamentals surrounding the crypto industry. The prolonged fall of Bitcoin (BTC) — by more than 50%…