On Tuesday, crypto-fiat gateway payments platform Ramp announced that its U.S. subsidiary Ramp Swaps LLC had received its registration as a Money Service Business with the Department of Treasury's Financial Crimes Enforcement Network. The regulatory greenlight enables Ramp to do business in 38 states across the United States....
The dominance of Ethereum in the decentralized finance (DeFi) ecosystem continues to gain steam because total value locked (TVL) in this space surged by 14.43% to hit $90.7 billion, according to market insight provider IntoTheBlock.
Source: IntoTheBlock
The investment in DeFi protocols on the ETH network experienced an uptick, despite...
The sign of a true entrepreneur is someone who can look around and go “wait a minute, there must be a better way.” That approach worked well for Outlines‘ founders, who are tackling the unsexy but pretty serious recycling issue of shower curtain liners. The company just closed a...
Former Twitter CEO and founder Jack Dorsey has announced plans to create a “Bitcoin Legal Defense Fund” with Chaincode Labs co-founder Alex Morcos and Martin White, who appears to be an academic at the University of Sussex.The announcement was sent on a mailing list for Bitcoin developers, bitcoin-dev,...
Cyrus Mewawalla, the head of thematic research at data analytics and consultancy firm GlobalData believes that tech companies whose operations extend into the metaverse and crypto, despite the massive uncertainties experienced in the stock market, end up in gains at the end of the year.
Speaking in an interview...
Magna has acquired the technology, IP and assets of Optimus Ride, a startup based in Boston that was trying to commercialize electric autonomous shuttles. As part of the deal announced Tuesday, Magna has hired more than 120 employees of Optimus Ride. The financial terms of the agreement were...
Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a series of bong-related NFTs tied to corresponding physical assets early next month.The NFTs, on FDCTech’s Ethereum-based platform, depict the unique glassblowing process for each bong and come with additional unique benefits. They are due...
Refyne has raised a new financing round, just seven months after securing its previous funding, as the Bengaluru-based startup scales its platform that helps workers access their earned salaries in real time.
Tiger Global led Refyne’s $82 million Series B funding, the two said Wednesday. Existing backers QED Investors,...
Carbon offset protocol KlimaDAO has now accrued over 14 million on-chain carbon offsets and is causing waves in the more traditional carbon offset industry.The aim of KlimaDAO is to acquire as many carbon offsets as it can in order to drive up their value and make offset-generating activities...
