Author: Crypto Insider

Ethereum software company ConsenSys, which created MetaMask, and Infura, raised an additional $450 million, doubling its valuation in four months. ConsenSys Software Inc will use its new funding to bring in more people from traditional finance. Ethereum software company ConsenSys announced on March 15 that it has raised a $450 million Series D round led…

Blockchain firm Enjin announced the launch of Efinity, the first parachain on the Polkadot network dedicated to non-fungible tokens (NFTs) and gaming. In the works since last summer, the Efinity parachain is courting games on existing smart-contract blockchains. Efinity’s ecosystem is set to be home to over 100 blockchain-based games and applications, the first of…

Ukraine has received about $100 million worth of crypto donations, according to CoinDesk. The country also partnered with FT and Everstake to launch a new crypto donation website. FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine. Alex Bornyakov, Ukraine’s Deputy Minister for Digital Transformation,…

Blockchain-data analytics company Chainalysis announced a fast-tracked launch of two free screening tools to help provide sanctions oversight to the crypto industry. According to the blog post provided by Chainalysis on Thursday, the screening tools include two main components of new tracking software that will assist exchanges in screening wallets and transactions for activities that…

Aleo, the first decentralized, open-source platform to enable fully private and programmable applications, provides users access to a world of truly personalized web services without giving up control of their private data. As a blockchain that is private-by-default, open-source, and built for the web, Aleo is uniquely positioned to address the shortcomings of blockchain adoption….

Web3 needs to reframe around participation in terms of technology, architecture, design, and talent to achieve a decentralized internet, Nitin Gaur shares his opinion on Cointelegraph. Web3 is hailed as a technology paradigm that is fueled by the creator economy and is in the future, or rather, the next evolution of the internet. As we…