Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally

Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand GloballyWeb3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain adoption.” Quicknode Aims to Streamline Web2 to Web3 Movement With $60 […]

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Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses

Ethereum Software Company Consensys Collects User Data, Privacy Policy DisclosesCrypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently made concerning data collection. The dex platform’s operator, Uniswap […]

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FTX Pay Integrates With Reddit’s Arbitrum Nova-Powered Community Points System

FTX Pay Integrates With Reddit’s Arbitrum Nova-Powered Community Points SystemFTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points system. The integration has been rolled out in the U.S., EU, Australia, and other countries worldwide. FTX Pay will also join Infura, P2P, Google Cloud, and other companies and projects in order to create a […]

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Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch

The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the […]

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Metamask Users Complain About Connection Issues as Wallet’s Default Endpoint Suffers From ‘Major Outage’

Metamask Users Complain About Connection Issues as Wallet's Default Endpoint Suffers From 'Major Outage'On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained the problems were due to Infura combating an outage. Metamask Users Deal With Connection Issues After Infura Suffers From Service Disruption One of the most […]

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Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion

Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 BillionThe Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November. Consensys Raises $450 Million, Proceeds From the Round Will Be […]

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Infura Mistakenly Leaves Venezuelan Users Without Metamask Support

infuraInfura, the service provider of Metamask, one of the most used smart contracts-based wallets, blocked the access of Venezuelans to the Ethereum blockchain. Reports about this happening circulated on social media, attributing it to the existence of sanctions that the infrastructure provider might have applied to Venezuela. However, Infura later stated this was the result […]

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