Tag: Jay Z

Bitski raises $19 million from a16z to become the ‘Shopify for NFTs’

For every crypto-skeptic that see NFTs as yet another hype bubble, there’s an acolyte who sees NFTs as the key to unlocking the future of the creative web. Bitski, an SF-based startup that builds custom NFT storefronts for brands and creators, is banking on the latter and they have new…

Read More

Daily Crunch: Jack Dorsey and Jay Z invest in bitcoin development

Jack Dorsey and Jay Z create a bitcoin endowment, Datadog acquires a Startup Battlefield company and BuzzFeed experiments with AI-generated quizzes. This is your Daily Crunch for February 12, 2021. Oh, and before we get started: Consider applying to the Early Stage pitch off and submitting a pitch deck for…

Read More

Jack Dorsey and Jay Z invest $23.6 million to fund Bitcoin development

Twitter and Square CEO Jack Dorsey and rapper Jay Z have created an endowment to fund bitcoin development initially in Africa and India, Dorsey said Friday. The duo is putting 500 bitcoin, which is currently worth $23.6 million, in the endowment called ₿trust. The fund will be set up as…

Read More

Uptrust raises new money to fight mass incarceration with technology

While most technology companies are building up a surveillance state to serve political powers and private profiteering, Uptrust is using some of those same tools to make it easier to move people out of the criminal justice system. And the San Francisco-based startup has just raised $1.3 million to expand…

Read More

Caffeine inks exclusive agreement with Drake preps Ultimate Rap League for launch

Two years after getting a $100 million commitment from 21st Century Fox to build a mobile-based live streaming platform that could compete with Twitch, the startup Caffeine has scored another coup by partnering with the biggest name in music — Drake. With buying power of Fox (now owned by The…

Read More