GIANT Protocol has raised $5 million on its plans to shake up the telecom industry by tokenizing bandwidth.CoinFund led the seed round. Gumi Cryptos, which backed sister project Wificoin, also participated, as did crypto venture capital firms Blockchange, Entheos, Argonautic and Bronco Fund, a press release said.“GIANT has uniquely pledged to convert bandwidth into a digital … [Read more...] about Crypto Connectivity Startup GIANT Raises $5M From CoinFund
Connectivity
Multiple Mining Pools Are Facing Connectivity Issues
A large part of the pools’ operations are located in China, which has vowed to eliminate crypto mining. While their hashrate does not come only from China, and they have said they plan to exit the country by year-end, the publication of material in Mandarin could be interpreted as courting its population. Source link … [Read more...] about Multiple Mining Pools Are Facing Connectivity Issues
New Crypto Connectivity Startup Eyes Telecom Partnerships
The race to build crypto-enabled internet connections is heating up with another contender, GIANT Protocol, planning to leverage telecoms’ massive footprint.Founder Suruchi Gupta, who leads GIANT (Global Internet Access Network Token), told CoinDesk her new startup is working to essentially tokenize spare bandwidth, turning cellular access into a digital asset and phone numbers … [Read more...] about New Crypto Connectivity Startup Eyes Telecom Partnerships