Kyt Dotson
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Cloud communications provider Twilio Inc. disclosed today that it was targeted by a cyberattack that led to the theft of employee credentials, which in turn gave the hackers access to a “limited number” of customer accounts. The company said in a blog …
US Treasury sanctions cryptocurrency mixing service Tornado Cash
The United States Treasury announced today that it has sanctioned Tornado Cash, a decentralized cryptocurrency mixing service that allows users to anonymize the origin of funds. The Treasury accused Tornado Cash of laundering more than $7 billion worth of virtual currency since …
Meta expands NFT features on Instagram internationally
Meta Platforms Inc. announced today that it’s expanding nonfungible token features on its Instagram social media platform internationally to more than 100 countries across Africa, Asia-Pacific, the Middle-East and the Americas. Meta Chief Executive Mark Zuckerberg confirmed the move today on Instagram, …
Kurtosis raises $20M to change how Web3 developers build dapps
Kurtosis, an end-to-end developer tool system for distributed crypto apps, today announced that it has raised $20 million to continue to scale up Web3 and blockchain app development and testing. The Series A round was led by Coatue, with participation from Coinbase …
Google continues merge of Duo and Meet into one video calling and meeting app
In June, Google LLC announced that it intended to merge its video calling app Duo with all of the features of Meet, its enterprise-grade video conferencing product. Today the next step of that merge is happening. Duo is Google’s high-quality video and …
Updated: Solana-based wallet hack drains more than $6M in ongoing attack
Updated: A massive exploit has struck the Solana blockchain ecosystem that led to the compromise of more than 7,000 SOL-based wallets by an unknown attacker starting in the late evening on Tuesday. The genesis of the attack appeared to begin within the …
AI-powered NFT counterfeit detector MarqVision nabs $20M
MarqVision Inc., the developer of a platform powered by artificial intelligence to detect counterfeit nonfungible tokens and physical goods, today announced that it has raised $20 million in early-stage funding to create an intellectual property management system for brands. DST Global and …
Token bridge Nomad exploited for nearly $200M during ‘chaotic hack’
The cross-blockchain token bridge Nomad was attacked Monday and attackers were able to drain it of almost all of its funds, it was revealed today. The attack stole about $190 million worth of cryptocurrencies from the bridge during the duration of the …
Music-focused NFT platform OneOf raises $8.4 million
Music-focused nonfungible-token platform OneOf has raised $8.4 million in new funding to support its eco-friendly and sustainable marketplace for artists and brands to connect with fans. The strategic funding round announced today included Amex Ventures, the venture capital arm of American Express, …
Crypto fund Variant raises $450M to invest in DeFi and Web3 projects
The crypto markets are down dampening the industry, but that’s not stopping venture firm Variant, which announced Thursday that it has raised $450 million across two funds targeting Web3 and decentralized finance startups. Variant is an early-stage crypto-focused investment fund founded by …