Cryptocurrency News TheBitTimes.com

Bastion, a cryptocurrency startup founded by former executives from Andreessen Horowitz, has recently acquired two money transmitter licenses in New Hampshire and Arkansas, expanding its ability to offer digital asset services in the United States. Startup Bastion, founded by ex-executives from Andreessen Horowitz’s a16z, has successfully secured two money transmitter licenses (MTLs) in the United States as of today. This move is an important stride for Bastion as it aims to enhance its services and outreach within the digital asset domain. Bastion’s acquisition of MTLs in New Hampshire and Arkansas marks the firm’s inaugural venture into obtaining such licenses. These licenses, granted by the New Hampshire Banking Department and Arkansas Securities Department, will empower Bastion to provide a wide array of services related to fungible digital assets. These services encompass the selling or issuance of payment instruments, stored value, prepaid access, and facilitat...

Cointelegraph Accelerator, Animoca Brands, Cipholio and Brinc will host a Demo Day to introduce seven promising Web3 projects to investors. As numerous Web3 events have reiterated since early 2022, bear markets are ideal times for building. Triggered by the Terra ecosystem crash in May 2022 and aptly named as “crypto winter” following the FTX collapse in November, the current bear market saw the crypto market cap shrinking from $3 trillion to below $1 trillion. While the year-long bear market tore off a good chunk of the market cap, it also presented an opportunity for new ideas to flourish as the industry’s focus shifted from price volatility to innovation . Unfazed by the market conditions, the Web3 ecosystem has continued to build around fresh concepts to prevent the same crashes from happening again and also to find new ways for users to interact with decentralized digital realities. Monthly active developer count since Bitcoin was launched compared to when Ethereum and its smart ...

Along with Google, 11 blockchain firms are now part of the Google Web3 startup program to help accelerate startups. Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program.  As of Apr. 25, the program now includes Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and thirdweb. The same day, Blockchain analytics firm Nansen announced that it has partnered with Google Cloud to provide real-time Blockchain data for startup s. Its database currently contains over 250 million wallet labels.  We are very excited to team up with @googlecloud in their Web3 startup program to provide real-time blockchain data Web3 startups in the program get a free month of #NansenQuery & other benefits Learn how it can help YOUR project succeed https://t.co/xU3bZlkOiy — Nansen | Consensus2023 (@nansen_ai) April 25, 2023 Currently, Google Cloud has two product suites for Web3 startups, distinguished by whether the firms have raised ...