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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Despite African governments’ inconsistent stance on cryptocurrencies, these countries house most of the continent’s crypto and blockchain startups. CEO Ruth Iselema.

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Despite the Crypto Winter and other scandals, blockchains seem here to stay in the sports betting market

TechCrunch

According to Grand View Research, the global sports betting market is expected to grow to $182.12 So we are seeing a number of startups throng around this market. Plus, Super Bowl ads boosted crypto app downloads by 279%, so there is a burgeoning market. billion in revenue by 2030, up from $76.75 billion last year.

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The 4 most overhyped technologies in IT

CIO

They may publicly preach “No technology for technology’s sake,” but they still frequently share their fascination with the latest tech gadgets. It’s then that the hopes for the technology get way ahead of what it can actually deliver today. They’re not the only ones enthralled by tech. Here’s what they say on the topic.

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Liquifi is building the “Carta of web3” for companies issuing tokens on the blockchain

TechCrunch

In addition to issuing equity as a form of incentive alignment for employees, as a typical startup would, crypto companies often also issue tokens that represent ownership. Cap table management software company Carta commanded a $7.4 ” LiquiFi helps companies with both aspects. .

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Which emerging technologies are enterprise companies getting serious about in 2020?

TechCrunch

Scott Kirsner is CEO and co-founder of Innovation Leader , a research and events firm that focuses on innovation in Global 1000 companies, and a longtime business columnist for The Boston Globe. Big companies, often the target customers for startups, live in a much more near-term world. Startups need to live in the future.

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Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a total of $15.5 million, so the latest financing brings its total raised to $95.5 million since it launched in 2017.

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‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2