Despite market challenges, this partnership highlights Momentum Capital’s expertise in navigating crypto market dynamics and its commitment to advancing Web3 projects.
Author: Ravi Kumar
Ravi Kumar
Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com
Read More
This infusion of capital has propelled BitGo’s valuation to a formidable $1.75 billion.
Notable investors include Laser Digital (Nomura), DFG, Cadenza, and more, with continued support from a16z crypto, Tribe Capital, and Cygni Capital.
The project aims to enable users to manage their assets and data seamlessly across various blockchains from a single platform.
AltLayer’s no-code Rollups-as-a-Service launchpad empowers developers, beginners, and users to effortlessly craft personalized rollups within minutes
This open-source solution addresses the vulnerabilities faced by Ethereum validators in the Proof of Stake network, protecting them from slashable offenses caused by software bugs and user errors.
Shulga anticipates a transformative shift with PayPal’s entry, suggesting that the tech giant’s endorsement could reshape perceptions and enhance acceptability among both consumers and regulators.
The funding will primarily be utilized to advance the development of its pre-alpha testnet, which has already generated substantial interest with 190,000 signups on its waitlist.
“The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar,” states PayPal President and CEO, Dan Schulman.
The partnership aims to link KDDI’s αU metaverse project with PlayMining GameFi’s Play-and-Earn games, offering Web3 incentives to a wider audience.