MasihGoogle Cloud adds 11 blockchains to data warehouse ‘BigQuery’
In 2018, Google launched a Bitcoin data set as part of the service, and later that year, it added Ethereum as well. It continued to expand its blockchain coverage in February 2019, adding Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin and Zcash. The Sept. 21 announcement means that BigQuery now carries data from a total of 19 blockchain networks. In addition to adding these new blockchains, Google has also implemented a new feature intended to make blockchain queries easier to execu...
MasihDeFi activity on the decline, but investment rolls in: Finance Redefined
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider led to its website’s front end being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen. “After investigation, it is clear that this was a social engineering attack on EuroDNS, the domain registrar used for .fi TLDs,” the firm explained in a Sept. 20 X (formerly Twitter) post. Approximately eight hours after the first warning of the attac...
MasihHow is DeFi margin trading getting safer with this cross-chain protocol?
Earlier this month, a project called Miss Universe Coin was announced at PBW. Donald Lim, the founder of the organization managing the PBW, said during the event that the PBW will “launch the Miss Universe Coin.” However, weeks after the announcement, the official organization behind Miss Universe denied any association with the coin project and called it a fraud. “There is currently no Miss Universe cryptocurrency or blockchain offering, and these products are in no way involved with the vot...
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MasihGoogle Cloud adds 11 blockchains to data warehouse ‘BigQuery’
In 2018, Google launched a Bitcoin data set as part of the service, and later that year, it added Ethereum as well. It continued to expand its blockchain coverage in February 2019, adding Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin and Zcash. The Sept. 21 announcement means that BigQuery now carries data from a total of 19 blockchain networks. In addition to adding these new blockchains, Google has also implemented a new feature intended to make blockchain queries easier to execu...
MasihDeFi activity on the decline, but investment rolls in: Finance Redefined
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider led to its website’s front end being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen. “After investigation, it is clear that this was a social engineering attack on EuroDNS, the domain registrar used for .fi TLDs,” the firm explained in a Sept. 20 X (formerly Twitter) post. Approximately eight hours after the first warning of the attac...
MasihHow is DeFi margin trading getting safer with this cross-chain protocol?
Earlier this month, a project called Miss Universe Coin was announced at PBW. Donald Lim, the founder of the organization managing the PBW, said during the event that the PBW will “launch the Miss Universe Coin.” However, weeks after the announcement, the official organization behind Miss Universe denied any association with the coin project and called it a fraud. “There is currently no Miss Universe cryptocurrency or blockchain offering, and these products are in no way involved with the vot...
I work in Web 3
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The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support.
This marks the second fund from Kraken Ventures. Its previous fund raised $65 million, according to Crunchbase, and was announced Dec. 17, 2021. The second fund’s $100 million aim represents a massive uptick, even as the venture market for blockchain and cryptocurrency-adjacent projects appears to be in somewhat of a decline.
Gath also mentioned that Kraken Ventures believes that “smaller funds best serve entrepreneurs and investors, as the entrepreneur gets a more hands-on partner, and data overwhelmingly shows that small funds outperform large funds,” indicating that the fund will likely be issued to numerous projects rather than one or two large-sized investments.
The email did, however, point out that a “significant portion” of the fund would be dedicated to follow-up investments.
Kraken Ventures has reportedly invested in at least 32 companies, with the majority of the investments being Series A funding. Most recently, the group was part of an effort raising $15 million for fintech startup Rightfoot, which is building a data portal for computer-permissioned data.
Prior investments have included artificial intelligence companies, decentralized finance organizations and numerous blockchain technology companies.
According to Gath, though Kraken Ventures is an independent and fully autonomous organization, its mission aligns with cryptocurrency exchange Kraken, “to create a more open and transparent financial system by backing early-stage founders building blockchain-based products with that shared goal.”
Kraken Ventures plans to raise $100 million for its second crypto ventures fund, according to a spokesperson who confirmed the information in an email with Cointelegraph.
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support.
This marks the second fund from Kraken Ventures. Its previous fund raised $65 million, according to Crunchbase, and was announced Dec. 17, 2021. The second fund’s $100 million aim represents a massive uptick, even as the venture market for blockchain and cryptocurrency-adjacent projects appears to be in somewhat of a decline.
Gath also mentioned that Kraken Ventures believes that “smaller funds best serve entrepreneurs and investors, as the entrepreneur gets a more hands-on partner, and data overwhelmingly shows that small funds outperform large funds,” indicating that the fund will likely be issued to numerous projects rather than one or two large-sized investments.
The email did, however, point out that a “significant portion” of the fund would be dedicated to follow-up investments.
Kraken Ventures has reportedly invested in at least 32 companies, with the majority of the investments being Series A funding. Most recently, the group was part of an effort raising $15 million for fintech startup Rightfoot, which is building a data portal for computer-permissioned data.
Prior investments have included artificial intelligence companies, decentralized finance organizations and numerous blockchain technology companies.
According to Gath, though Kraken Ventures is an independent and fully autonomous organization, its mission aligns with cryptocurrency exchange Kraken, “to create a more open and transparent financial system by backing early-stage founders building blockchain-based products with that shared goal.”
Kraken Ventures plans to raise $100 million for its second crypto ventures fund, according to a spokesperson who confirmed the information in an email with Cointelegraph.
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