Copper, an enabler of digital asset custody, collateral management, and prime services, is announcing a partnership with Astro Labs, a financial infrastructure firm with a cross-chain bridge and stablecoin built on Arweave and aoComputer (AO) ecosystem. Through this partnership with Astro, Copper’s MPC tech will… Read More
The team at RedStone is pleased to announce that in August 2022, they successfully raised a $7M seed round led by Lemniscap in order “to pursue [their] mission of powering Web3 innovation with a novel approach to on-chain data storage.” The funds will play a… Read More
With worldwide demand for storage set to increase exponentially, users of both personal and enterprise storage will likely “look toward Web3 storage technologies to fulfil their needs, particularly as data privacy concerns escalate, signaling a shift away from centralized storage providers.” This trend, in addition… Read More
Arweave, a “decentralized” solution for archiving data using a blockchain-like “blockweave” and a proof-of-access consensus mechanism, has expanded to Avalanche. Now, Avalanche users can “utilize Arweave to store records, files, metadata, and other data.” Arweave strives “to store data cheaply and immutably for at least… Read More
We all realize that the world right now is in a bit of a shaky place due to the circumstances in Ukraine. In this uncertain socio-economic environment, the developers at ArDrive, a permanent storage app built on Arweave, recently announced a $17.2M seed round led… Read More
Digital assets platform Okcoin is the first US regulated crypto-asset exchange to provide stablecoin USDC on top of Stellar. You may now deposit, withdraw, and trade Stellar USDC against US dollars via Okcoin. This offer is for all Okcoin clients “except for residents of the… Read More
Interoperability is an increasingly vital topic within the blockchain and distributed ledger tech (DLT) sector, as it continues to expand the possible functionalities that DLT networks can provide to their respective ecosystems once they’re well-connected. Permanent and scalable storage via Arweave is one such functionality… Read More
Arweave, which aims to offer a “novel” data storage blockchain protocol enabling “a permanent serverless web and creating truly permanent data storage for the first time,” has released its Q1 2021 Ecosystem Update, titled, NFTs, The Guardian, a new web wallet, new gateway (& much… Read More
Blockchain startup Arweave, a firm focused on enabling the permanent storage of Internet-based content, has secured $8.3 million in funding from giant VC firm Andreessen Horowitz, Coinbase Ventures, and Union Square Ventures. Andreessen Horowitz and Union Square Ventures have also invested in the firm’s operations… Read More
Silicon Valley-based venture capital firm Andreessen Horowitz recently led a $5 million investment round for Arweave, a blockchain firm that’s developing permanent online data storage solutions. On November 5, the developers of Arweave revealed that they had managed to receive investments from world-leading funds in… Read More
Cryptocurrency Monero announced on Tuesday it has partnered with Arweave to validate the new cryptocurrency proof-of-work algorithm, RandomX. According to Monero, RandomX promotes fair cryptocurrency mining on standard computer hardware, resisting the use of Application Specific Integrated Circuits (ASICs). “RandomX fights the use of ASICs…. Read More
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