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Sequoia backs blockchain scaling startup StarkWare at $2 billion valuation

TechCrunch

As the crypto world continues to heat up, developers are clinging to the Ethereum network despite its general struggle to meet the stresses of a global network’s transaction load. In August, Lightspeed backed startup Offchain Labs in a raise that valued the blockchain scaling company at $1.2 billion fund.

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Japan’s gaming blockchain builder Oasys raises $20M in private token sale

TechCrunch

Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million.

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Avalanche raises $230 million from private sale of AVAX tokens

TechCrunch

Avalanche , a relatively new blockchain with a focus on speed and low transactions costs, has completed a $230 million private sale of AVAX tokens to some well-known crypto funds. Like Solana and other newer blockchains, Avalanche wants to solve the scalability issues that older blockchains face. The equivalent of $1.3

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NFT market OpenSea hits $1.5 billion valuation

TechCrunch

One of the company’s clearer growth roadblocks has been infrastructure issues native to the Ethereum blockchain that its marketplace has been built around. Beyond Polygon, OpenSea has plans to integrate with Dapper Labs’ Flow blockchain, as well as Tezos down the road, the company says.

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Cathay Pacific to take cloud journey to new heights

CIO

Cloud optimization is the new initiative in 2024,” says Rajeev Nair, general manager of IT infrastructure and security at Cathay, a major airliner and cargo carrier in the Asia-Pacific region, with headquarters in Hong Kong. It will replace the standard MPLS network, he adds.

Airlines 295
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Singapore-based Accredify gets $7M to make sure your documents are real

TechCrunch

But it was his experience as an accountant that led to his interest in the blockchain and how it can be used to verify documents. It has also collaborated with Singapore’s Accounting and Corporate Regulatory Authority to transform their data infrastructure. It manages the private and public key for the client.

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Blockchain in Education: Use Cases, Challenges, and Examples

Openxcell

One of the newest introductions to the field is blockchain technology. Cryptocurrencies like Ethereum and Bitcoin have often been associated with blockchain technology. A blockchain is essentially a digital ledger that duplicates and distributes transactions among all of the computer systems that are part of the network.