This crypto winter may be long, but builders remain bullish
Many of the top digital assets in the cryptocurrency market are down significantly, but some market participants are shrugging it off and focusing on the long game.
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Solana launches web3-focused smartphone Saga to improve crypto-mobile relationship
The co-founder and CEO of Solana, Anatoly Yakovenko, had a Steve Jobs moment when he stood in front of an auditorium in New York City and announced the launch of Saga, an Android web3-focused smartphone. “This is something that I fundamentally believe the industry needs to do,” Yakovenko said. “We …
Cryptoys banks a16z funding to build NFTs for kids
The past several months haven’t been entirely kind to the NFT market — while transaction volume hasn’t stuttered too significantly, the dollar amount invested in the space has been in free fall as cryptocurrency prices have taken a historic dive. With that as background, it might …
Iran to cut electricity to authorized crypto miners: report
Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power supply, despite knowing the promise of crypto as a way to evade international sanctions. Electricity to …
Bitcoin falls below $20,000 and Ethereum sinks past $1,000 as crypto market free fall continues
The crypto market suffered one of its most dramatic selloffs in years this week as the prices of top cryptocurrencies declined as much as 35% week-over-week as fears of a broad economic recession intensified. On Saturday, the total global market cap of cryptocurrencies sank below $850 billion as to…
RapidFort, a startup that helps developers reduce the potential attack surface of their applications by automatically removing unused software components from their containers, today announced that it has raised an $8.5 million seed round. The round was led by Felicis, with ForgePoint Capital, Bloo…