Alchemy announces support for Solana Web3 applications the day after blockcha...
The Web3 development platform and infrastructure provider will support Solana-built applications, despite the blockchain halting multiple times in 2022. In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the controversial blockchain.Caused by a bug that made it impossible to reach network consensus, the Solana blockchain was halted for approximately four hours on Wednesday. This isn’t the first time the system has been compromised, as normal....
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Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue by 15x in the last six months, a testament to the impact it has caused on the ecosystem.
Alchemy Reaches $3.5 Billion Valuation
Alchemy, a web3 and blockchain infrastructure provider, has reached a milestone by raising $250 million in its series C funding round. The round was led by....
Alchemy raises $200 million in a Series C round, Hashstack launches collateral protocol on Harmony, and Bunny Finance forms DAO after a hack — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.As the DeFi space continues its technical resurgence, essential news on funding, innovation and DAOs continues to drive adoption in what remains a nascent industry.For the full version of this newsletter including longer, more descriptive analysis of the top stories this week, subscribe below: Alchemy raises $200M in....
Singapore, November 15, 2021 – The Tron Foundation (TRX), the world’s largest blockchain decentralized application operating system, and crypto-fiat hybrid payment solutions provider, Alchemy Pay (ACH), have announced a collaboration. Alchemy Pay will integrate the TRX token into its global crypto-fiat gateway. The partnership also further entails the support of Alchemy Pay by the Tron Foundation in the provision of technical resources, cross-community promotions, and other ecological development initiatives that will foster joint efforts between Alchemy and TRON ecosystems.....
The blockchain unicorn created Web3 Engine as a developer tool set targeting DeFi, GameFi and NFT products and services. Digital asset custody platform Fireblocks has launched support for Solana, giving its thousands of users access to the developer network’s applications and infrastructure. Beginning Tuesday, Fireblocks users will have direct access to Solana’s various decentralized finance (DeFi) and Web3 applications — a move the company says will directly benefit “alternative asset managers” and “capital market participants.”“Thousands of businesses use Fireblocks to access novel Web3....
The Web3 development platform's valuation saw a massive jump of $6.7 billion in just three months since Oct. 2021. Web3 development platform Alchemy announced a fresh round of $200 million funding, bringing up the company’s valuation to $10.2 billion, just above the decacorn threshold.The latest funding round was led by venture capital firm Lightspeed along with Silver Lake, an American global private equity firm. Alchemy’s funding also saw participation from previous major investors as well. As Cointelegraph previously reported in Oct 2021, Alchemy attained a $3.5 billion valuation....