DCG

Merkle Science Announces Extension of Series A to Over $24 Million

Retrieved on: 
Wednesday, August 10, 2022
Crypto, Kraken, Partner (business rank), Intelligence, Risk, FBI, Non-fungible token, Industry, FINCEN, Science, NEW, Lists of companies, Ecosystem, Growth, DOJ, Investment, Blockchain, DCG, Digital Currency Group, Nomad, Compliance, Government, AML, Bank, Decentralized finance, Risk management, NFT, NYDFS, Forter, Summer capital, KYC, Hacks, Susquehanna, Kenet, Bank of America, Solution, Luno, Crime, Entrepreneurship, Adoption, Cryptocurrency, Tornado, PayPal

NEW YORK, Aug. 10, 2022 /PRNewswire/ -- Merkle Science, the predictive crypto risk and intelligence platform, announced an extension of more than $19 million to its Series A funding round, bringing the total raised to over $24 million. BECO Capital, Susquehanna affiliate (Darrow Holdings), and K3 Ventures co-led the extension, with participation from new investors including Republic Crypto, Summer Capital, 500 StartUps APAC and US, Aspen Digital, HashKey Capital, and Coinhako. They were joined by existing investors Kraken Ventures, Digital Currency Group (DCG), Kenetic, Uncorrelated Ventures, Fenbushi Capital, Lucy Gazmararian of Token Bay Capital, and Libertus Capital. 

Key Points: 
  • NEW YORK, Aug. 10, 2022 /PRNewswire/ -- Merkle Science , the predictive crypto risk and intelligence platform, announced an extension of more than $19 million to its Series A funding round, bringing the total raised to over $24 million.
  • Merkle Science's solution suite screens over 3 million digital assets per month and covers cryptocurrencies representing 96% of the current $1.13 trillion crypto market cap.
  • We are thrilled to continue supporting Merkle Science as they grow to become the leading challenger and innovator in the predictive crypto risk and intelligence platform."
  • Meng Xiong Kuok, Founder and Managing Partner at K3 Ventures , said: "Merkle Science is expanding the definition of blockchain analysis.

Pioneers Tackle Environmental Concerns Arising from Energy Consumption

Retrieved on: 
Tuesday, August 9, 2022
Crypto, Ethereum, Disclosure, Greenhouse, Privacy, CEO, Argo, MNI - Market News, Research, DCG, Marketing, Instagram, CCA, CAA, GPU, Outline, UNFCCC, Electricity, Bias, News, Employment, Efficiency, Editorial, Privacy policy, Contextual advertising, HIVE, Industry, SAI, Policy, Miner, Social media, BTC, Partnership, Blog, Stratos Global Corporation, Inflation, ASIC, Growth, Attention, Use, Financial News, Goal, BlackRock, Advertising, Climate change, DMG, Climate, Senate, Company, Twitter, NASDAQ, ERCOT, Heat, Mining, Adoption, Renewable energy, Cryptocurrency, Heating, ventilation, and air conditioning, Public relations, Politico, Bitcoin, Riot, Coinbase, Kelowna, Politics

NEW YORK, Aug. 9, 2022 /PRNewswire/ -- The united political front fighting against greenhouse gas emissions and championing renewable energy has marked a victory this week. Senate Democrats delivered a major win for President Biden on Sunday, passing a bill that will devote hundreds of billions of dollars to clean energy sources and speed the U.S. transition away from fossil fuels. According to a report by Politico, The Inflation Reduction Act would accelerate U.S. emission cuts and put the country on a path to reduce greenhouse gases by 40% below 2005 levels by 2030, significantly narrowing the gap with the goal that was previously set under the Paris climate agreement. Most importantly, the bill includes USD 369 Billion in climate and energy provisions that will transform how Americans get their energy and shape the country's climate and industrial policy for decades. SAI.TECH Global Corporation (NASDAQ: SAI), Coinbase Global, Inc. (NASDAQ: COIN), Riot Blockchain, Inc. (NASDAQ: RIOT), Hut 8 Mining Corp. (NASDAQ: HUT), HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE)

Key Points: 
  • Most importantly, the bill includes USD 369 Billion in climate and energy provisions that will transform how Americans get their energy and shape the country's climate and industrial policy for decades.
  • By recent estimates, the Bitcoin network uses as much energy in one year as the country of Argentina.
  • SAIHUB is equipped with patented liquid cooling technology which replaces hundreds of fans with circulation pumps in most traditional air-cooled miners to reduce chip cooling's energy consumption and improve cooling reliability.
  • "As energy demand in ERCOT reached all-time highs this past month, the Company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas.

Pioneers Tackle Environmental Concerns Arising from Energy Consumption

Retrieved on: 
Tuesday, August 9, 2022
Crypto, Ethereum, Disclosure, Greenhouse, Privacy, CEO, Argo, MNI - Market News, Research, DCG, Marketing, Instagram, CCA, CAA, GPU, Outline, UNFCCC, Electricity, Bias, News, Employment, Efficiency, Editorial, Privacy policy, Contextual advertising, HIVE, Industry, SAI, Policy, Miner, Social media, BTC, Partnership, Blog, Stratos Global Corporation, Inflation, ASIC, Growth, Attention, Use, Financial News, Goal, BlackRock, Advertising, Climate change, DMG, Climate, Senate, Company, Twitter, NASDAQ, ERCOT, Heat, Mining, Adoption, Renewable energy, Cryptocurrency, Heating, ventilation, and air conditioning, Public relations, Politico, Bitcoin, Riot, Coinbase, Kelowna, Politics

NEW YORK, Aug. 9, 2022 /PRNewswire/ -- The united political front fighting against greenhouse gas emissions and championing renewable energy has marked a victory this week. Senate Democrats delivered a major win for President Biden on Sunday, passing a bill that will devote hundreds of billions of dollars to clean energy sources and speed the U.S. transition away from fossil fuels. According to a report by Politico, The Inflation Reduction Act would accelerate U.S. emission cuts and put the country on a path to reduce greenhouse gases by 40% below 2005 levels by 2030, significantly narrowing the gap with the goal that was previously set under the Paris climate agreement. Most importantly, the bill includes USD 369 Billion in climate and energy provisions that will transform how Americans get their energy and shape the country's climate and industrial policy for decades. SAI.TECH Global Corporation (NASDAQ: SAI), Coinbase Global, Inc. (NASDAQ: COIN), Riot Blockchain, Inc. (NASDAQ: RIOT), Hut 8 Mining Corp. (NASDAQ: HUT), HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE)

Key Points: 
  • Most importantly, the bill includes USD 369 Billion in climate and energy provisions that will transform how Americans get their energy and shape the country's climate and industrial policy for decades.
  • By recent estimates, the Bitcoin network uses as much energy in one year as the country of Argentina.
  • SAIHUB is equipped with patented liquid cooling technology which replaces hundreds of fans with circulation pumps in most traditional air-cooled miners to reduce chip cooling's energy consumption and improve cooling reliability.
  • "As energy demand in ERCOT reached all-time highs this past month, the Company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas.

OMNIVISION’s New 50MP Image Sensor Brings Industry-leading Low Light Still Image and Ultra High Dynamic Range Video to Rear-Facing Smartphone Cameras

Retrieved on: 
Monday, August 8, 2022
Semiconductor, Technology, Photography, Mobile, Wireless, Audio, Video, Hardware, QPD, Multimedia, Technology, DCG, HDR, Mark (given name), Bayer, 4K2K, Color, PDAF, Television, Camera

The new OV50E combines 50MP resolution and 1.0-micron pixel size in a 1/1.5-inch optical format.

Key Points: 
  • The new OV50E combines 50MP resolution and 1.0-micron pixel size in a 1/1.5-inch optical format.
  • Premium image quality is further enabled by the combination of on-chip remosaic for the QPD color filter array to full Bayer resolution.
  • Video consumption is quickly becoming the predominant source of information for people, and smartphones are replacing professional equipment for video capture.
  • The OV50E image sensor provides the best low light performance in its class, via the unique combination of a large 1.0-micron pixel size, built-in advanced noise reduction technology, and high gain mode support.

Foundry Director of Economic and Community Development Adrian Hale Named 2022 IGNITE Award Finalist

Retrieved on: 
Thursday, August 4, 2022
Pleasure, Man, Industry, Greater Rochester International Airport, Ecosystem, Leadership, RCSD, Commerce, Blockchain, DCG, Digital Currency Group, Education, Center, Greater, CoinDesk, Employment, Luno, Efficiency, Cryptocurrency, Medicine, Management, Foundry

ROCHESTER, N.Y., Aug. 4, 2022 /PRNewswire/ -- Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group ("DCG") focused on empowering a decentralized infrastructure and progressing the digital asset mining and staking industry, announced that the Greater Rochester Chamber of Commerce selected Foundry's Director of Economic and Community Development Adrian Hale as an IGNITE Award finalist. The award recognizes outstanding contributions in the areas of personal and professional accomplishments, leadership, and community service. 

Key Points: 
  • ROCHESTER, N.Y., Aug. 4, 2022 /PRNewswire/ -- Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group ("DCG") focused on empowering a decentralized infrastructure and progressing the digital asset mining and staking industry, announced that the Greater Rochester Chamber of Commerce selected Foundry's Director of Economic and Community Development Adrian Hale as an IGNITE Award finalist.
  • The award recognizes outstanding contributions in the areas of personal and professional accomplishments, leadership, and community service.
  • The pathway program encourages recent RCSD graduates to join a two-year industry-based curriculum within Foundry, providing hands-on training, competitive salaries, and benefits.
  • He was the youngest Greater Rochester Chamber executive in the organization's history, creating its talent, workforce development, and education initiatives office.

Hut 8 Signs Partnership with Foundry

Retrieved on: 
Tuesday, August 2, 2022
Bitcoin, Goal, TSX, Time, View, Industry, Imagination, Hut, CEO, Risk, Partnership, Uncertainty, Hut 8, DCG, Multimedia, NASDAQ, CTO, Semantic Web, Company, Ecosystem, Blockchain, Efficiency, Nasdaq, Growth, Cryptocurrency, Risk management, Foundry, Kelowna

TORONTO, Aug. 2, 2022 /PRNewswire/ -Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) ("Hut 8" or the "Company"), one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has signed a partnership with Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group Inc. ("DCG") focused on digital asset infrastructure.

Key Points: 
  • TORONTO, Aug. 2, 2022 /PRNewswire/ -Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) ("Hut 8" or the "Company"), one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has signed a partnership with Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group Inc. ("DCG") focused on digital asset infrastructure.
  • "We are delighted to welcome Foundry, who we've long supported through their digital asset mining pool, to our high performance computing data centre in Mississauga, Ontario," said Jaime Leverton, CEO of Hut 8.
  • "Foundry is a leader in the digital asset industry, and we look forward to enabling their continued growth with cutting-edge infrastructure."
  • "Hut 8 has been a trusted partner of Foundry's since 2020," said Dan Magnuszewski, CTO of Foundry.

Hut 8 Signs Partnership with Foundry

Retrieved on: 
Tuesday, August 2, 2022
Bitcoin, Goal, TSX, Time, Industry, Imagination, Hut, CEO, Risk, Partnership, Uncertainty, Hut 8, DCG, NASDAQ, CTO, Semantic Web, Company, Ecosystem, Blockchain, Efficiency, Nasdaq, Growth, Cryptocurrency, Risk management, Foundry, Kelowna

TORONTO, Aug. 2, 2022 /PRNewswire/ -- Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) ("Hut 8" or the "Company"), one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has signed a partnership with Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group Inc. ("DCG") focused on digital asset infrastructure. The deal marks the first significant Blockchain-industry win for Hut 8's high performance computing business.

Key Points: 
  • TORONTO, Aug. 2, 2022 /PRNewswire/ -- Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) ("Hut 8" or the "Company"), one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has signed a partnership with Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group Inc. ("DCG") focused on digital asset infrastructure.
  • "We are delighted to welcome Foundry, who we've long supported through their digital asset mining pool, to our high performance computing data centre in Mississauga, Ontario," said Jaime Leverton, CEO of Hut 8.
  • "Foundry is a leader in the digital asset industry, and we look forward to enabling their continued growth with cutting-edge infrastructure."
  • "Hut 8 has been a trusted partner of Foundry's since 2020," said Dan Magnuszewski, CTO of Foundry.

First Decentralized Data Warehouse, Space and Time, Raises $10M Seed Round Led by Framework Ventures

Retrieved on: 
Thursday, July 28, 2022
Investment, Insurance, Corporate development, Twitter, Reading, Database, Digital Currency Group, DCG, Dapp, Chain-link fencing, DAPP, Time, Blockchain, Decentralized finance, Stratos, Engineering, API, Contract, A-Space, Cryptocurrency, Sales, Web3, Alliance, Framework, Space

Additional participants in the round include Digital Currency Group (DCG), Stratos, SamsungNext, IOSG Ventures, Alliance and several market leading DeFi, GameFi, and venture organizations.

Key Points: 
  • Additional participants in the round include Digital Currency Group (DCG), Stratos, SamsungNext, IOSG Ventures, Alliance and several market leading DeFi, GameFi, and venture organizations.
  • A network of node operators pull data from blockchains, decentralized applications (dApp), and off-chain systems in order to perform operational and analytic computations.
  • By coupling off-chain computation with a decentralized and cryptographically-guaranteed data process, Space and Time will securely power the next-generation data requirements for dApp developers and enterprises.
  • Through its registered investment adviser, Framework Ventures Management LLC (Framework Ventures), the firm has backed dozens of notable companies in the decentralized finance and Web3 space.

Foundry Announces Foundry Logistics to Set New Industry Standards for Mining Hardware Deliveries

Retrieved on: 
Thursday, July 28, 2022
Time, Industry, LLC, Digital Currency Group, DCG, Infrastructure, Foundry, Mining, Senior, Ecosystem, VWR International, Efficiency, Program, Cryptocurrency

ROCHESTER, N.Y., July 28, 2022 /PRNewswire/ -- Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group ("DCG") focused on digital asset mining and staking, today announced the launch of Foundry Logistics, a new arm that advances Foundry's mission to set high standards of transparency, efficiency and dependability in the cryptocurrency mining industry. Utilizing Foundry's industry relationships and new partnerships that span the globe, Foundry Logistics bridges the gap between hardware manufacturers and buyers by providing an all-in-one solution for mining hardware deliveries.

Key Points: 
  • ROCHESTER, N.Y., July 28, 2022 /PRNewswire/ -- Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group ("DCG") focused on digital asset mining and staking, today announced the launch of Foundry Logistics, a new arm that advances Foundry's mission to set high standards of transparency, efficiency and dependability in the cryptocurrency mining industry.
  • Utilizing Foundry's industry relationships and new partnerships that span the globe, Foundry Logistics bridges the gap between hardware manufacturers and buyers by providing an all-in-one solution for mining hardware deliveries.
  • This makes the timely delivery of ordered hardware critical to the operation of mining companies.
  • Foundry Logistics is continually adding new routes and competitively-priced services to its portfolio in the ever-changing logistics landscape.

Whatnot raises $260M Series D co-led by DST Global and CapitalG to expand its live, social commerce marketplace

Retrieved on: 
Thursday, July 21, 2022
Apps, Applications, Technology, Publishing, Other Retail, Communications, Specialty, Social Media, Retail, Online Retail, Citadel, Silicon, Venture round, DST, Core product, Investment, Social commerce, Â, Airbnb, Citadel LLC, Yuri Milner, CEO, Series, Cryptocurrency, BOND, IOS, Android, UiPath, General partnership, Marketing, DCG, Infrastructure, Hobby, Lyft, Head, CrowdStrike, DST Global, Databricks, Alphabet, Engineering, Google, Growth, CapitalG, Internet, Fan Expo, Video game, What-not

For two years in a row, Whatnot has been the fastest growing independent marketplace in the US.

Key Points: 
  • For two years in a row, Whatnot has been the fastest growing independent marketplace in the US.
  • Whatnot is the US leader in social shopping, which is a $600B market in China and doubling annually.
  • Whatnot provides live shopping experiences for popular collectibles categories such as sneakers, trading cards, sports cards and memorabilia, rare toys, and more.
  • Whatnot is backed by DST Global, CapitalG, BOND, Andreessen Horowitz, and YC Continuity.