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Subspace Labs raises funding for a more scalable, sustainable blockchain

TechCrunch

As the crypto space has grown in popularity, some of the most popular blockchains have struggled to meet user demand. . New projects are aiming to tackle issues like notoriously high energy use, hefty gas fees and low transaction throughput that are plaguing some of the major blockchain networks.

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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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Learn and Understand the Intersection of Python, AI, and Blockchain

InnovationM

In recent years, three technologies have dominated the tech landscape: Python, Artificial Intelligence (AI), and Blockchain. This blog explores the intersection of Python, AI, and Blockchain, highlighting how they complement each other and the opportunities they create for developers and businesses. Why Python, AI, and Blockchain?

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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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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. One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents.

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Indian crypto entrepreneur’s blockchain venture seeks seed funding at $200 million valuation

TechCrunch

Shetty is raising $20 million to $30 million in a seed financing round for his blockchain startup Shardeum, sources said, requesting anonymity as the deliberations are ongoing and private. The L1 blockchain will also provide ways to help Ethereum developers transition to Shardeum and maintain stable gas fees, it said.

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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