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Cryptocurrency company Circle to go public in SPAC deal

TechCrunch

But the company later pivoted to create a social payments app. Circle became a sort of Venmo clone with some blockchain technology under the hood. In 2017 and 2018, the company pivoted once again to focus on cryptocurrencies. Created in 2013, the company originally wanted to create a mainstream bitcoin payment platform.

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New bank, who dis? Lifestyle-focused neobank Cogni pivots to web3

TechCrunch

The mobile-based platform, founded in 2018 out of Barclays’ accelerator program (which is operated by Techstars), launched with the intent to offer personalized banking products suited to the lifestyles of those in the 18-to-35 crowd, CEO and founder Archie Ravishankar told TechCrunch. The company last raised a $1.7

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7 Predominant Blockchain Technology Trends To Watch In 2019

Openxcell

Blockchain Trends in 2019 : The Blockchain technology , also termed as Distributed Ledger Technology (DLT), enables secure transaction over a distributed network. The blockchain technology eliminates the need for third-party verifications since all the parties share the ledgers over the distributed system. Federated Blockchain.

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Snap acquires location data startup StreetCred

TechCrunch

StreetCred is building a blockchain-based marketplace for location data. When I spoke to Meech in 2018, he said his goal was to “open up and decentralize” location data by building a blockchain-based marketplace where users are rewarded for helping to collect that data.

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7 Predominant Blockchain Technology Trends To Watch In 2019

Openxcell

Blockchain Trends in 2019 : The Blockchain technology , also termed as Distributed Ledger Technology (DLT), enables secure transaction over a distributed network. The blockchain technology eliminates the need for third-party verifications since all the parties share the ledgers over the distributed system. Federated Blockchain.

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A new venture studio, SuperLayer, aims to become a preeminent Web3 launch pad

TechCrunch

Indeed, in the case of SuperLayer, the tokens might all look a bit different, but they will all be tied to a blockchain network called Rally that SuperLayer’s founders created earlier and want to help popularize by creating more interesting apps atop it.

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The Week’s 10 Biggest Funding Rounds: Scale AI’s Massive $1B Deal Leads Slower Week

Crunchbase News

Nevertheless, the week saw a $1 billion round go to yet another AI startup, and biotech and blockchain also saw some big deals. Farcaster , $150M, blockchain: Is Web3 funding back? It saw a little pickup in Q1 , and more rounds like this will help, as Web3 social media platform Farcaster raised a $150 million round led by Paradigm.