Blockchain-based software development company Decentralized Engineering Corporation (DEC) has raised $9 million in a seed funding round to build Teleport – the first decentralized ride sharing application. The platform is founded and supported by Uber employees.
The Cosmos community is expected to vote on governance proposals made by developers to bring forward changes to its ecosystem. The proposal includes changes to the interoperable blockchain’s security mechanism and native asset – ATOM.
The Washington-based crypto advocacy group has requested to file a brief in the court battle between Ripple Labs and the Securities and Exchange Commission (SEC). With its amicus curiae brief, Blockchain Association seeks to give the court a context on how the SEC ruling could affect the crypto industry.
The decentralized cross-chain exchange is back online after a code bug was causing individual nodes on its blockchain to malfunction. THORChain has since cleared the bug and resumed all trading services. The DeFi exchange has promised to release a report detailing the malfunction next week.
Google has launched a cloud-based Blockchain Node Engine that will help self-manage nodes. The Silicon Valley giant says that its node engine can be used by crypto companies to relay transactions, deploy smart contracts, and read or write blockchain data with “reliability, performance, and security” they expect from Google.
DeFi and ReFi projects on the mobile-based crypto payments infrastructure provider has raised $77 million in funding rounds led by VC firms. Celo will use the funds to improve features supported by its network.
The world's second-largest decentralized exchange is set to deploy its services on the newly launched Aptos blockchain. PancakeSwap will offer native support for its CAKE token and also set up a liquidity pool for the Aptos’s APT token.
Spain’s largest commercial bank is testing a blockchain platform for vehicle registration in Brazil. Santander’s project is one of the initiatives selected by the Brazilian central bank to apply and test CBDC use cases in the economy.