18 Nov 2021

Sequoia backs blockchain scaling startup StarkWare at $2 billion valuation

As the crypto world continues to heat up, developers are clinging to the Ethereum network despite its general struggle to meet the stresses of a global network’s transaction load. To speed and cheapen transactions on Ethereum, developers are looking toward so-called Layer-2 (L2) blockchains, which build on the Ethereum network,

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17 Nov 2021

Blockchain unicorn ConsenSys valued at $3.2B following $200M raise

Blockchain infrastructure provider ConsenSys has reached a lofty valuation of $3.2 billion after closing a $200 million funding round, joining over a dozen other crypto-focused companies to reach coveted unicorn status this year alone. The $200 million financing round saw participation from several new investors, including Marshall Wace, Third Point and

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22 Sep 2021

UN releases funds to save Afghan health system from collapse

$45 million in emergency funds were released by the United Nations aid chief to prevent Afghanistan’s healthcare system from collapsing. The funds were released from the UN’s Central Emergency Response Fund as medical supplies, medications nad fuel are running out in the country.  Afghanistan’s health care delivery system could fall

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08 Dec 2020

SpaceX gets $886 million from FCC to subsidize Starlink in 35 states

The Federal Communications Commission has awarded a lucrative $885.51 million contract to SpaceX, seeking to have the company provide Starlink broadband to rural homes and businesses in 35 states. The funding is distributed over 10 years, allowing SpaceX to work with $88.5 million per year. The satellite company was one

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