🔍 Market Summary

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Jack Dorsey tests Bitchat — decentralized messaging without internet

Jack Dorsey tests Bitchat — decentralized messaging without internet

Block CEO and Twitter co-founder Jack Dorsey has launched the beta version of a new decentralized peer-to-peer messaging service that runs entirely over Bluetooth. Jack Dorsey said his weekend was spent learning about “Bluetooth mesh networks, relays, store and forward models, message encryption mod…

Crypto Visa card startup Rain raises $24.5 million from Norwest, Galaxy and Coinbase Ventures

Crypto Visa card startup Rain raises $24.5 million from Norwest, Galaxy and Coinbase Ventures

Amid a broader trend of web3 firms attempting to make it easier for people to spend their crypto on everyday services, Visa card issuer Rain said Monday it had raised in a funding round led by Norwest Venture Partners.Rain appears particularly interested in providing consumers with a way to spend st…

PayPal-backed Mesh teams up with Reown to verify Bitcoin wallets for Travel Rule

PayPal-backed Mesh teams up with Reown to verify Bitcoin wallets for Travel Rule

Connectivity layer Mesh has entered into a partnership with Reown for wallet ownership verification, beginning with the Bitcoin ecosystem. Mesh, a U.S. fintech whose investors include PayPal Ventures, has joined forces with Reown (formerly WalletConnect) to launch wallet ownership verification…

Denis Omelchenko
New Privacy-First ID Solution for Web3: Instruxi Collaborates with Chainlink and Partners

New Privacy-First ID Solution for Web3: Instruxi Collaborates with Chainlink and Partners

Decentralized startup Instruxi has launched a new Mesh ID solution. The protocol has linked up with Chainlink to boost the Mesh ID connection. Instruxi, an innovative decentralized data management platform, has unveiled the Mesh ID as its latest Web3 solution. This pioneering solution streamlines ac…

Godfrey Benjamin