A Coinbase report reveals that cryptocurrency and blockchain initiatives among Fortune 100 companies rose by 39% year-over-year, reaching a record high in Q1 2024. In addition, 56% of Fortune 500 companies are working on onchain projects. The report emphasizes the need for clear crypto regulations to retain talent and enhance U.S. leadership in crypto technology. […]
Blockchain News
Blockchain engineering group Equilibrium launches venture unit, raising over $30 million for first fund
Equilibrium Group, a blockchain engineering company, has launched its venture capital unit, Equilibrium Ventures, along with its first early-stage fund. Equilibrium Ventures Fund I is seeking to raise 30 million euros (about $32.5 million), the firm’s investment partner, Mika Honkasalo, told The Block. About 20% ($6.5 million) of that amount has already been raised in the fund’s […]
Blockchain: Fortune 500 companies are racing ahead, with the United States trailing behind
Blockchain technology is set to revolutionize businesses worldwide. Among the largest economic players, Fortune 500 companies stand out for their growing enthusiasm for this technology. According to recent studies, a record number of them are engaging in blockchain projects. Blockchain: A Catalyst for Innovation within Fortune 500 Companies The annual report by Coinbase reveals a 39% increase in […]
Social infrastructure platform boosts blockchain community engagement and growth
Dmany’s infrastructure leverages decentralized marketing and gamified quests, boosting community engagement and enhancing ecosystem growth powering platforms like app.Dmany.io, TokenTrek.io and Jellyverse Community. Community engagement is pivotal for the growth and sustainability of blockchain projects. However, many projects struggle with generating meaningful interaction and engagement with the Web3 community, combating fake engagement from bots and managing high […]
Points drive breakneck growth on Consensys’ Linea blockchain
A campaign to boost DeFi activity on Consensys’ Linea blockchain has notched early success, luring more than $430 million in crypto since the network’s launch almost one month ago. More than $1.2 billion in crypto has been bridged to Linea, according to Ethereum research site L2BEAT. That’s up from $792 million on May 14. The […]
Making Sense of Why Deposit Tokens Rule the Tokenization Landscape
There’s a new on-chain token in town, and it’s not the one you’re thinking of. While there exists a variety of “tokens” within the 21st-century payments and financial services landscape, with innovations ranging from cryptocurrency tokens to tokenized payments, it is a third token, tokenized commercial bank assets — or deposit tokens — that are increasingly being embraced […]
Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet
Blockchain tech company Squad Labs has raised $10 million in new funding. The Series A round was led by Electric Capital with participation from RockawayX, Coinbase Ventures, L1D, Placeholder and Mert Mumtaz. “As the onchain economy grows, so does the adoption of smart accounts and smart wallets across blockchains,” the company said in a Wednesday […]
Solana Labs debuts blockchain customer loyalty platform Bond
Solana Labs, the company behind layer-1 blockchain Solana, could soon be bringing many more non-crypto native brands and their customers into Web3 without many of them even knowing. As of June 12, the firm has officially launched Bond, its new blockchain-based customer engagement platform aimed at helping brands “drive long-term loyalty.” Solana Labs says the […]
The rise of blockchain in Atlantic City
While Atlantic City is most famous for its casinos and boardwalk, it is now gaining popularity for blockchain technology. This change has the ability to turn the city into a major hub in the tech world. What is Blockchain? Blockchain is a way to record information securely. It resembles a shared ledger across multiple computers. […]
Blockchain thriving among Fortune 500 companies, but US lags — Coinbase
The world’s largest companies are embracing blockchain projects with increasing enthusiasm, but the United States has some work to do if it wants to take advantage of the opportunities those projects represent. Those were among the conclusions reached by Coinbase in its fourth report on year-on-year corporate adoption. The number of Fortune 100 companies with […]