StarkWare quadruples valuation to $8b

Series D valuation of $8 billion comes on the heels of a $2 billion valuation just six months ago. StarkWare processes more transactions than Bitcoin, and is the leading ‘scaling’ solution for crypto projects trying to overcome the fact that blockchain is congested, and expensive to use. Deal was closed in the thick of a crypto bear market. Company says this emphasizes high investor confidence in its tech, which is ‘infrastructure we’ve all been waiting for to move to Web3.’ StarkWare Industries, inventor of technology to...

Mercado Bitcoin partners with Stellar Development Foundation

Mercado Bitcoin, the largest exchange in Latin America, has partnered with the Stellar Development Foundation (SDF) to develop one of the nine projects selected for the LIFT Challenge Real Digital, a collaborative environment carried out by the Central Bank of Brazil (Bacen), in partnership with National Federation of Associations of Central Bank Servers (Fenasbac),  to explore use cases for a Central Bank Digital Currency (CBDC). With this announcement, SDF joins CPQD and ClearSale as part of  Mercado Bitcoin’s...

Nigeria to Launch IP Exchange Marketplace and Wallet, on Algorand

The Nigerian government has signed a 3-year exclusive IPR (intellectual property right) agreement with Developing Africa Group to launch a nation-wide wallet which will enable the international commercialization of all IP forms being created and registered within the country, both locally and internationally. In this context, the IPR exclusivity agreement consists in the government granting Developing Africa Group – a regional software development company – to build the country’s official platform for its people to...

Global Web 3.0 Blockchain Market Competition Forecast

The “Global Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application, By Vertical, By Organization Size, By Region, Competition Forecast and Opportunities, 2017-2027″ report has been added to ResearchAndMarkets.com’s offering. The global web 3.0 blockchain market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the continuous evolution of technologies and shifts in data ownership toward users. Web 3.0 blockchain, also known as the...

Energi Secures $50 Million Investment Commitment from GEM

Security-focused blockchain, Energi (NRG) secures Investment Commitment for $50 million. This marks an important step forward for the organization which has until now sustained itself by self-funding, rather than having launched with a pre-mine or ICO. With this investment commitment, Energi is well-positioned to continue its growth and drive the adoption of its blockchain technology. The commitment was led by the Bahamas-based GEM Digital Limited (GEM). GEM Digital Limited is a digital asset investment firm. Based in...

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