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Stanford cryptography researchers are building Espresso, a privacy-focused blockchain

TechCrunch

If blockchain technology is to reach true mass adoption, it will have to become cheaper and more efficient. Low transaction throughput on some of the most popular blockchains, most notably Ethereum, has kept gas fees high and hindered scalability. million funding round last week. . million funding round last week. .

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Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. It now covers a whole range of blockchains such as Ethereum, Avalanche, Fantom, Optimism and Arbitrum.

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Sequoia backs blockchain scaling startup StarkWare at $2 billion valuation

TechCrunch

To speed and cheapen transactions on Ethereum, developers are looking toward so-called Layer-2 (L2) blockchains, which build on the Ethereum network, offloading the computational stresses while still writing transaction data to the main network. This latest raise values the Israeli startup at a whopping $2 billion. billion fund.

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Cryptocurrency wallet and blockchain tech startup imToken raises $30 million Series B

TechCrunch

ImToken , the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Founded in 2016, the startup’s last funding announcement was for its $10 million Series A, led by IDG, in May 2018.

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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority.

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Top 10 Hackathon ideas 2018

Hacker Earth Developers Blog

Technicality – The technology used to create the solution. Without further ado, here are the best hacks of 2018 in no particular order. The Application further enables a user to securely sign transactions in decentralized environments; the Hyprsign SDK allows easy authentication to the Blockchain. Geography – Canada.

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Cryptocurrency pioneer Diana Biggs joins digital assets startup Valour as its new CEO

TechCrunch

Biggs explored the potential for blockchain technology to help solve humanitarian challenges through her venture, Proof of Purpose, in 2017, and her TEDx speech on Blockchain Technology that year is considered by many in the blockchain space to be one of the best in the genre.