A primer on DeFi – decentralized finance – because it will ‘affect us all’
All investors should be fluent in the potential of decentralized finance (DeFi) and Web3 as it is better to understand the implications now.
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Blockchain
Wilmington startup Telios selected as grantee for blockchain network
The Wilmington startup Telios has been selected as a grantee and will construct its secure email platform on the blockchain.
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Crypto is crashing but luxury brands see blockchain tech as way to save billions
Many cryptocurrencies have seen dramatic drop in price as markets have taken a tumble recently. But luxury brands are turning to the technology behind crypto.
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Inside crypto’s colossal collapse: Experts discuss what triggered $60B loss in market cap
The crypto market was back in the headlines in early May as the cryptocurrency stablecoin TerraUSD (UST) broke its peg to the U.S. dollar. UST was an algorithmic stablecoin of the Terra blockchain, which used arbitrage with its sister cryptocurrency, Luna, to maintain UST’s value. The collapse of both led to a loss of nearly $60 billion in market capitalization from the two coins. Experts talk with UNC-s Kenan Instititue about what happened, why, and what’s next.
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Next Red Hat? Raleigh blockchain startup Kaleido aims to lead open-source revolution for Web3
Just as Red Hat led the open-source revolution in the Web 2.0 world from right here in the Triangle, Raleigh blockchain startup Kaleido says it plans to lead the new open-source charge for the Web3. Read more here.
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Winston-Salem startup Fluree emerging as a pacesetter in Web3
“Mainstream adoption of Web3 — the decentralized Internet of data — is on the horizon. As the rise of data ecosystems are met with privacy, trust and interoperability challenges, Fluree is uniquely poised to become the infrastructure of choice in the emerging Web3 market,” says Dan Malven, Managing Director at 4490 Ventures.
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Raleigh’s KNOW Seafood has closed $400K, could raise up to $1M
Raleigh startup KNOW Seafood, which uses blockchain technology to document and display how seafood is sourced and sent direct to consumers, has raised additional capital just months after raising more than $1 million.
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UNC Tax Center forum tackles blockchain, cryptocurrency issues
Demystifying Blockchain & Cryptocurrency, a webinar, is the latest in a series of tax policy webcasts jointly hosted by the Kenan Institute-affiliated UNC Tax Center and the AICPA. Here are the details.
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As global supply chain teeters, this Raleigh startup unravels knots with blockchain
Headquartered out of Raleigh Founded’s Capital Club on West Martin Street, Kaleido is growing at an astonishingly clip – “around “3-5X, depending on market segment.” It’s now aiming to become Raleigh’s next $1-billion company. Read more here.
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