# Tether CTO confirms no plans to rescue FTX

# Tether CTO confirms no plans to rescue FTX

” Tether CTO confirms no plans to rescue FTX “ Cryptocurrency exchange FTX has lost at least one potential rescuer as it battles to fill a reported multi-billion dollar hole in its balance sheet. The CTO of stablecoin issuer Tether, Paolo Ardoino on Nov. 10 confirmed the company does not have “any plans to invest…

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# Solana-based protocol seeking to decentralize ride-sharing raises M

# Solana-based protocol seeking to decentralize ride-sharing raises $9M

” Solana-based protocol seeking to decentralize ride-sharing raises $9M “ The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the Solana-based protocol TRIP that enables mobility-based applications. According…

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# VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals

# VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals

” VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals “ Web3 dominance within crypto funding rounds has been well documented by Cointelegraph Research. In addition to the Web3 mega funds announced recently, venture capital has also been making smaller, more targeted investments in the sector. In this week’s Venture Capital…

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# a16z leads M raise for decentralized knowledge protocol

# a16z leads $40M raise for decentralized knowledge protocol

” a16z leads $40M raise for decentralized knowledge protocol “ Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and the founders of Solana, Dropbox, Postmates and Twitch, among others.  In addition to leading the Series B…

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