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Finance

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)

Web3

Airstack Raises Over $7M for AI-Backed Web3 Developer Platform

The pre-seed funding extension was led by Superscrypt; Polygon was a prior investor.

(Pixabay)

Finance

Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets

The company has raised $4.2 million in seed round led by Electric Capital.

(Getty Images)

Web3

Jack Butcher Expands Checks NFTs Ecosystem With Physical Print-Backed 'Elements' Collection

The artists' new NFT collection, featuring the signature Checks grid, explores the four classical elements of earth, fire, water and air.

Checks Elements (Visualize Value)

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Finance

Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3

Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence.

Yibo Ling, Chief Business Officer of Binance Labs (LinkedIn)

Tech

Threshold Network Goes Live With Wormhole to Bridge Bitcoin to 20 Blockchains

Using bitcoin on other networks previously required users to rely on centralized bridges, which increased risks for token holders.

Prime Protocol to eliminate need for cross-chain bridges (Charlie Green/Unsplash)

Finance

Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius

The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.

Sculpture of Apollo and Daphne (Unsplash)

Finance

Zero-Knowledge Privacy Startup Webb Protocol Raises $7M

Polychain Capital and Lemniscap co-led the seed round for the bridge protocol.

(Pixabay)

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Finance

Coinbase Ventures Backs $10M ZkLink Raise Ahead of Mainnet Launch

ZkLink offers a zero-knowledge rollup-backed decentralized trading infrastructure that makes it easier to trade between chains.

Vince Yang (ZkLink)

Finance

Alchemy Ventures Backs $4M Round for NFT Platform Vibe

The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens.

(Pixabay)