Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange

The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018. Tangible and intangible asset management has also … Continue reading Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Normal 0 false false false EN-US X-NONE X-NONE President of Microsoft Brad Smith has criticized financial technology firms attempting to issue currencies, stating that governments are still best suited to play this role to protect the public interest. In a virtual conference event hosted by the Bank for International Settlements, Smith said that he was … Continue reading Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse

On Tuesday, January 18, Microsoft announced that it has acquired Activision Blizzard, a game development leader and interactive entertainment content publisher, for $68.7 billion. The acquisition means Microsoft enjoy access to the Metaverse, accelerating Microsoft’s gaming business in mobile, PC, consoles and the cloud.  The acquisition will be in the form of a stock purchase, with … Continue reading Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse

FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin

FinTech FIS announced Wednesday that its Worldpay business will be the first payment firm to give global merchants the ability to receive settlements in USD Coin (USDC stablecoin cryptocurrency). That means merchants (crypto-native and traditional businesses) that use fintech company FIS can now receive settlement directly in USDC, thanks to a partnership with stablecoin’s issuer, … Continue reading FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin

EPC Blockchain among 16 Startups Selected to Join EY Incubator

Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas: sustainability, new enterprise, people and wellness, and services of tomorrow. EPC Blockchain, a Malaysian-based firm, is among those chosen, and it utilizes blockchain technology to record energy … Continue reading EPC Blockchain among 16 Startups Selected to Join EY Incubator

Blockchain Startup W3BCloud to Go Public via SPAC Deal

Blockchain cloud infrastructure service provider W3BCloud is set to go public via a Special Purpose Acquisition Company (SPAC) dubbed the Social Leverage Acquisition Corp I (SLAC). According to the transaction document, the SLAC vehicle is being sponsored by Social Leverage, a leading early-stage VC. The proposed funds to be raised via the SPAC are pegged … Continue reading Blockchain Startup W3BCloud to Go Public via SPAC Deal

Blockchain Startup Contribution Labs Raises $3M through Equity Sale

Web3-focused startup Contribution Labs has raised $3 million through an equity sale. Alchemy-backed Contribution Labs is a California-based technology company in stealth mode. The company was founded in January 2022 by Catherine Chang, a former product manager at software company Atlassian, and Kei Yoshikoshi, a former engineer at Microsoft’s Azure blockchain. Contribution Labs has raised … Continue reading Blockchain Startup Contribution Labs Raises $3M through Equity Sale

Brazil's Digitra.com Launches Crypto Platform Using Nasdaq's Cloud-Based Tech

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BNB Chain Partners with Google Cloud to Enhance Web3 DApps

Layer-1 blockchain technology, BNB Chain, has announced its partnership with Google Clouds, a collaboration that will see decentralized applications and smart contracts hosted on the protocol gain access to the cloud service provider’s infrastructures.  While there is a growth in the number of decentralized cloud infrastructure service providers in the blockchain world, centralized alternatives still … Continue reading BNB Chain Partners with Google Cloud to Enhance Web3 DApps

Space and Time Secures $20 Million Strategic Funding Led by Microsoft’s M12 to Automate the World’s Business Logic

New York City,, United States, 27th September, 2022, Chainwire   Space and Time, a Web3-native data platform that empowers the trustless automation of business logic through patent-pending Proof of SQL cryptography, has secured $20 million in strategic funding from marquee investors led by Microsoft’s M12 fund. Other investors participating in the funding round include Framework … Continue reading Space and Time Secures $20 Million Strategic Funding Led by Microsoft’s M12 to Automate the World’s Business Logic

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