Tokenized real estate secured with Palisade custodial wallets
Friday, October 25, 2024 by Richard Harris
StegX, a platform for tokenized real estate investments, has announced a strategic partnership with Palisade, a digital asset custody provider, to integrate Palisade's institutional-grade custodial wallets directly into StegX’s end-to-end service offering. This collaboration aims to streamline and bolster the security and compliance of StegX's tokeniz...
2024 NFT Report reveals if NFTs are dead
Friday, September 27, 2024 by Austin Harris
In a recent report published by NFT Evening, the authors delve into the current state of Non-Fungible Tokens (NFTs) and pose a thought-provoking question: Are NFTs dead in 2024? This exploration reflects the complexities of the evolving digital asset landscape and raises critical considerations for creators, investors, and enthusiasts alike.
2024 NFT Report by NFT Ev...
Stolen funds recovered by Binance
Thursday, August 29, 2024 by Russ Scritchfield
Binance, the leading blockchain ecosystem behind the world's largest crypto exchange by trading volume, is proud to share that its security team has recovered or otherwise frozen over $73 million in user funds from external hacks as of July 31 this year. This surpasses the approximately $55 million secured throughout 2023.
Over $73M in stolen funds recovered by B...
NFT marketplace SuperRare sees 3rd year of decline
Tuesday, August 20, 2024 by Richard Harris
The global NFT market is facing another bumpy year, with the total number of active wallets and NFT sales value recorded on the Ethereum, Ronin, and Flow blockchains sinking to the lowest level since early 2021. Collectors are spending less and less money on digital artwork, and this negative trend is reflected by their monthly visits to one of the top NFT marketplaces,...
AI inference platform Groq lands 640M in funding
Wednesday, August 14, 2024 by Richard Harris
Groq, a leader in fast AI inference, has secured a $640M Series D round at a valuation of $2.8B. The round was led by funds and accounts managed by BlackRock Private Equity Partners with participation from both existing and new investors including Neuberger Berman, Type One Ventures, and strategic investors including Cisco Investments, Global Brain’s KDDI Open Inn...
Microsoft surpasses revenue expectations for fourth quarter
Wednesday, August 14, 2024 by Brittany Hainzinger
Microsoft has reported outstanding financial results for the fourth quarter of its fiscal year 2024, surpassing market expectations with revenues of $64.73 billion, a 15% increase compared to the previous year. Net income reached $22 billion, representing $2.95 per share, slightly higher than earlier estimates. Despite this solid overall performance, the intelligent clo...
AI agents from Proofs streamline API processes
Monday, July 22, 2024 by Freeman Lightner
Proofs, which uses AI agents to dramatically accelerate the proof-of-concept phase in software sales, has raised $2.6 million in pre-seed financing. The round was led by Earlybird Digital East Fund with support from Expeditions Fund, Step Function Ventures, RTP Global, and a number of prominent angel investors. From today, customers can sign up to a private onboarding w...
AI smart mailbox platform Arrive AI lands over 1M in funding
Monday, July 15, 2024 by Brittany Hainzinger
Launched in 2014 with the idea of providing a secure package delivery point for autonomy, Arrive AI has now raised more than $11 million via individual contributions and three crowdfunding raises, garnering more than $6 million combined over its three raises on WeFunder, StartEngine, and PicMii.
"We could not be more proud of the validation ...
LEO satellite connectivity simplified by Skynopy
Wednesday, July 10, 2024 by Austin Harris
Skynopy recently announced that its fundraising of $3.1M closed in only 3 weeks, just months after its creation. This funding round was supported by a pool of investors, including the pan-European fund Heartcore Capital, Kima Ventures, Better Angle, and BPI France, alongside well-known entrepreneurs like Thibaud Elziere (e-founders, Hexa) and Yohann...
NFT activity continues to decline
Thursday, June 13, 2024 by Richard Harris
The last two years have been rough for the NFT market, and 2024 doesn't look much better. With falling sales and investors losing appetite for digital artwork, market projections became less optimistic, showing only a modest 2.6% annual growth by 2028, twenty times less than this year. Moreover, the entire market faces a substantial user drop, showing that global in...
Mobile stock trading market projected to surpass 100B by 2029
Tuesday, June 4, 2024 by Brittany Hainzinger
Stock trading has emerged as a paramount focus for investors, a trend accelerated by the seismic shifts brought about by the COVID-19 pandemic. Central to this evolution is the remarkable surge in mobile trading, offering unparalleled ease and convenience to traders worldwide. According to forecasts from Stocklytics.com, this trajectory shows no signs of slowing do...
NFT momentum continues downward per AltIndex
Wednesday, March 27, 2024 by Richard Harris
Ever since reaching a peak in September 2021, global NFT sales have been consistently falling as collectors spend less and less money on digital artwork. Although revenues of NFT marketplaces are still expected to see double-digit growth, rising by 41% year-over-year to $2.37 billion in 2024, the market is losing its momentum, and this trend is set to continue in the fo...
Forge API launches for game developers
Thursday, March 21, 2024 by Richard Harris
Forge has launched Forge API. Designed to empower game developers by providing a seamless solution for creating and managing "battle pass" experiences, the Forge API allows them to reach new gamers, drive sustained engagement, and reward players for their commitment. The full toolkit is available today and interested developers can learn more and get...
Conversational AI platform Loora to break down language barriers
Monday, March 4, 2024 by Richard Harris
Loora announced that it raised $12M in a Series A financing round from lead investor QP Ventures, with participation from new investor Hearst Ventures and existing investors Emerge and Two Lanterns Venture Partners, among others. The new funding, which comes just eight months after Loora’s launch from stealth with a $9.25M seed funding round, will enable the compa...
AIGC marketing will increase in 2024 says Mobvista
Thursday, December 7, 2023 by Richard Harris
Embrace technological change: the great popularity of AIGC in recent years has brought great influence and change to the marketing industry. The application of AIGC can improve the efficiency, degree of personalization, and creativity enhancement of enterprise marketing. Utilizing these advanced technologies, companies can better meet customer needs and improve market c...
Runtime code review from AppMap enhances productivity
Tuesday, November 14, 2023 by Richard Harris
AppMap has announced its innovative Runtime Code Review solution that will transform software quality and the developer experience. AppMap's mission is to deliver actionable insights to developers where they work, and AppMap continues to deliver on the promise with its latest release for the GitHub Marketplace.
Unexpected runtime defects account fo...
Bitcoin preferred over gold as an investment says deVere Group
Monday, November 13, 2023 by Freeman Lightner
More than three-quarters of under-40s would rather Bitcoin than gold in their investment mix, reveals a new survey by one of the world’s largest independent financial advisory, asset management, and fintech organizations.
The deVere Group poll shows that 77% of clients aged under 40 would opt for cryptocurrency over the precious metal in their portfolios to bui...
NFT investor and holder experiences transformed by Chappyz
Monday, October 30, 2023 by Richard Harris
Chappyz recently announced the details of its strategic partnership with MoonPass, the new token management portal. This collaboration is set to transform the way investors and NFT holders interact with, manage, and experience their assets.
MoonPass is at the forefront of technological innovation, offering a unique platform where tokens and vesting contracts can be a...
Deploy AI apps in less than 10 clicks with the Klu platform
Friday, October 27, 2023 by Richard Harris
Klu, the large language model (LLM) application platform for building, evaluating and optimizing AI applications, has raised a $1.7 million pre-seed funding round led by Firstminute Capital.
Scouts from top venture capital firms including a16z, Sequoia Capital, Craft Ventures, and Atomico also participated alongside angel investors from Superhuman, IBM, Productboard,...
Kubernetes optimizations land from PerfectScale
Wednesday, October 25, 2023 by Richard Harris
PerfectScale announced that they have successfully closed $7.1 million in seed funding, led by Blumberg Capital with participation from Upwest, Prelude Ventures, K2 Access Fund, Inner Loop Capital, Triangle Tweener Fund, and Firestreak Ventures. The latest investment brings the company’s total funding to nearly $10 million, since its founding in March, 2022.
Wi...
Forge beta launches to reward gamers for their achievments
Wednesday, October 25, 2023 by Freeman Lightner
Forge, the video game platform that connects and rewards gamers for their gaming achievements and ongoing play has opened to players in beta. The platform announced a $11 million seed funding round, led by Makers Fund, BITKRAFT Ventures, and Animoca Brands, with participation from Hashkey Capital, Polygon Ventures, Formless Capital, and Adaverse. Forge’s...
Digital concierge app powered by GPT redefines luxury lifestyles
Monday, June 26, 2023 by Brittany Hainzinger
Perfect.Live announced that they raised $650,000 in a recent investment round. The funding is used to further develop and enhance their innovative GPT-powered concierge service, catering to individuals who seek access to exclusive services, and eliminating the time-consuming manual tasks like phone calls and emails, which are often hindered by the lack of available...
NFT marketplace and gallery to launch from Trend Innovations
Wednesday, April 26, 2023 by Brittany Hainzinger
Trend Innovations Holding Inc. has recently announced that they will combine two recent acquisitions to upgrade and launch a more robust version of the company's newly acquired InstantFAME platform. InstantFAME is a mobile and web application, which operates in the multi-billion-dollar digital artwork marketplace for artists to securely publish and sell their d...
iOS 17 to allow sideloading apps on iPhone
Tuesday, April 25, 2023 by Richard Harris
According to Mark Gurman from Bloomberg, iOS 17 will reportedly open up the iPhone to sideloading.
"Apple Inc. is preparing to allow alternative app stores on its iPhones and iPads, part of a sweeping overhaul aimed at complying with strict European Union requirements coming in 2024.
Software engineering and services employees are engaged in a major push to o...
Automated service to service access emerges from Otterize
Tuesday, April 18, 2023 by Brittany Hainzinger
Otterize, an open-source solution that's re-inventing how to connect services securely, to each other and to their infrastructures, today announced $11.5M in seed funding and publicly unveiled its new Otterize Cloud product, which is now in GA. The round was led by Index Ventures, followed by Dig Ventures, and Vine Ventures, with participation by Jibe Ventures, Crew...
Most popular games to earn cryptocurrency
Monday, April 17, 2023 by Richard Harris
Public interest in cryptocurrency and everything tied to the digital landscape has seen exponential growth in recent years, garnering interest from long-term investors, traders, and global brands. The power of Web3 has been blurring the lines between physical and virtual, allowing people to earn money digitally through online games.
Renowned crypto gambling experts C...
AI storytelling tool Tome reaches 1M users
Monday, February 27, 2023 by Richard Harris
Tome, the AI-powered storytelling format that turns your ideas into visually compelling narratives, announced the close of a $43 million Series B funding round led by Lightspeed Venture Partners. Existing investors Coatue, Greylock Partners, Audacious Ventures, and Wing Venture Capital also participated in the round, as well as new investor 8VC and angel investors ...
The beginning of a new age of innovation and creation
Monday, January 23, 2023 by Freeman Lightner
2023 will be the beginning of a new age of innovation and the creation of new products and services as never been seen since the founding of the Internet.
The end of the mobile app distribution monopoly, the convergence of different platforms, and the recovery of power by users and developers will unleash a perfect storm that will mark the next decade.
An earthqua...
Why leaders should not fear layoffs in 2023
Friday, January 13, 2023 by Richard Harris
Peter Pezaris from New Relic discusses his predictions for 2023, including why leaders should not fear layoffs, why we will see renewed investments by the end of 2023, how FOMO will unleash venture capital funding, and why founders should foster a network of VC insiders and entrepreneurs to get insights and perspectives.
Leaders should not fear layoffs
"Entre...
Vacation rental software solution Lodgify lands $30M
Monday, November 28, 2022 by Freeman Lightner
Vacation rental software startup Lodgify has secured $30 million in Series B funding. The investment round was led by Octopus Ventures with participation from Bonsai Partners, Aldea Ventures and ICF (Institut Català de Finances) as well as existing investors, Intermedia Vermögensverwaltung and Nauta Capital.
Lodgify will use the funds to acceler...
CDC Connect Partner Program from Equalum
Wednesday, November 23, 2022 by Brittany Hainzinger
Equalum announced the CDC Connect Partner Program. The new OEM/integration program is open to batch-oriented data integration vendors, application integration companies, and other solution providers requiring a more flexible, high-performance CDC technology to identify and track downstream data. With Equalum’s award-winning CDC platform, partners have the opportun...
$50M in funding raised by Theorycraft Games
Wednesday, October 19, 2022 by Brittany Hainzinger
Theorycraft Games has announced an additional $50 million raised in Series B funding, led by Makers Fund with participation from NEA and a16z. Theorycraft Games will use this raise to continue building out the most talent-dense team in games and to ensure they can keep making deep, 10,000-hour games that are just better when played with friends, like the company’s...
$3M in funding secured by W3 Storage Lab
Thursday, August 25, 2022 by Brittany Hainzinger
W3 Storage Lab has announced that it closed a pre-seed financing round of $3M. The round was co-led by Draper Dragon and OKX Blockdream Ventures with major participation from Lingfeng Capital and participation from other investors. Proceeds from the round will be used to grow its global team and fund operations.
W3 Storage Lab has co-developed a next-generation distr...
Metaverse avatar platform secures $56M in funding
Wednesday, August 24, 2022 by Freeman Lightner
Ready Player Me, a cross-game avatar platform that allows users to explore virtual worlds with one consistent identity, has closed a $56M Series B round led by Andreessen Horowitz (a16z), with participation from other notable investors including David Baszucki, co-founder of Roblox, Justin Kan, co-founder of Twitch, Sebastian Knutsson & Riccardo Zacconi, King Games ...
Open Finance transformed by Klavi
Monday, August 22, 2022 by Brittany Hainzinger
Klavi has announced that they received $15M USD in capital contribution. The series A round was led by venture capital funds Iporanga Ventures and Parallax Ventures and included GSR Ventures (an investor in several unicorns, including Didi/99). The banking infrastructure provider CIP S.A. and Vivo Ventures, Vivo's Corporate Venture Capital (CVC) launched in April, a...
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