Akave Cloud Launches Decentralized Data Layer on Avalanche L1
Akave has launched a decentralized storage network called Akave Cloud on a dedicated Avalanche Layer 1 blockchain. This platform is designed to meet the needs of decentralized artificial intelligence (AI), decentralized physical infrastructure networks, and compliance-focused software as a service. Redefining Cloud Storage with Onchain Logic A decentralized storage network, Akave, has deployed its decentralized […] Powered by...
Ego Death Capital Secures $100M to Back Bitcoin-Focused Startups
Bitcoin venture capital firm Ego Death Capital on Tuesday closed a $100 million fund that will focus on investing in Bitcoin software startups, according to reporting by Axios. The fund will specifically aim to back startups in the seed or series A stage with anywhere between $1 million and $3 million in revenue. These will […] Powered by...
Opensea Acquires Rally to Enhance Mobile Experience and Token Trading Capabilities
Opensea has announced its acquisition of Rally, a move that aims to enhance its mobile and token trading capabilities. Chris Maddern, the new Chief Technology Officer of Opensea, expressed excitement about the acquisition, highlighting that the Rally team brings valuable expertise to the company. The integration of Rally is expected to supercharge a new mobile […] Powered by...
Sequans Communications Raises $384 Million to Purchase Bitcoin
Sequans Communications (NYSE: SQNS), a French semiconductor company, announced on Tuesday that it has successfully closed a $384 million private placement offering and will use the proceeds to buy bitcoin. Sequans has also struck a partnership with U.S.-based Swan Bitcoin, a financial services firm that specializes in bitcoin-focused wealth management. Swan will assist Sequans with […] Powered by...
Pakistan Unveils Independent Crypto Regulator to Align With FATF and Global Standards
On July 8, the Pakistan government announced the establishment of the Pakistan Virtual Assets Regulatory Authority, an independent body responsible for licensing, monitoring, and supervising virtual asset service providers (VASPs). Introduction of Virtual Assets and Trust The Pakistan government announced on July 8 the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA), a body […] Powered by...
