Category: news
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Coinbase narrowed its loss to $97 million in the second quarter
Coinbase’s net loss in the second quarter of 2023 amounted to $97 million, or $0.42 per share, which significantly surpassed analysts’ expectations of $0.76 per share. However, the company’s stock price dropped by 1% during after-hours trading. Initially, the stock prices had surged by 9.1%. Since the beginning of the year, Coinbase’s shares have seen…
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Binance Labs has invested in privacy-focused protocol zkPass
The privacy-centric protocol zkPass has successfully secured a $2.5 million seed investment, with participation from prominent backers including Binance Labs, Sequoia China, OKX Ventures, dao5, Susquehanna International Group, Cypher Capital, Leland Ventures, and Blockchain Founders Fund. zkPass is underpinned by several key technological pillars: This novel solution empowers users to share personal data on websites…
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EthStorage raised $7 million at a $100 million valuation
EthStorage, a startup focused on scaling Ethereum L2 storage, has raised $7 million in seed investment. At the end of the round, the company was valued at $100 million. The fundraising was led by crypto venture capital fund dao5 with participation from SevenX Ventures, Foresight Ventures, Sky9 Capital, Gate Ventures and Galxe. The investment is…
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Crypto Firm Flashbots became a “unicorn” at the end of a $60 million round
Infrastructure company Flashbots has raised $60 million at a $1 billion valuation. The Series B round included “leading venture capital firms,” L2 projects, business angels, DEX and other application developers. The Flashbots team will use the funds raised to build the SUAVE platform, which offers “faster and more confidential” blockchain transactions. The project specializes in…
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Bitgert blockchain platform news.
Bitgert Shines in the Limelight Since its inception, Bitgert has consistently showcased remarkable resilience and a spirit of innovation, thriving amidst the unpredictable tides of the cryptocurrency market. Despite encountering numerous challenges along the way, Bitgert’s journey has been characterized by unwavering progress, embodying the wisdom of the saying, “Do not fear gradual growth; fear…
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Recent Posts
- Jito launched a management token and announced airdrop
- X Social Media Platform Secures License for Crypto Payments
- Tether has partnered with a Bahamian bank
- DeFi project Exactly Protocol was subjected to a $12 million hack
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