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GCP to launch managed blockchain service, while Google gets into Web3

In a blog post announcing the new service from Amit Zavery, GM and VP of engineering and platform and James Tromans, director of cloud web3, the two wrote that blockchain nodes have to work hard, constantly exchanging the most recent blockchain data, so that all nodes stay in sync. Google Cloud hopes to make it easier by offering a managed service to handle node creation, while providing a secure development environment in a fully managed product. For starters, the company will support Ethereum blockchain, so developers deploying nodes on Ethereum could do it themselves or pay Google to do much of that work for them. Accordingly, Blockchain Node Engine is focused towards [multiple] developer use cases: smart contract development, reading from and writing to the blockchain, etc.

Web3 startup Tea raised seed round of $8M led by Binance Labs

Since that 2015 tweet, compensation for open source developers has remained a hot-button issue, and popular developer platform GitHub launched a feature in 2019 that allows users to send tips to their favorite open source coders.

Hack VC raises $200M fund to back early-stage crypto startups

The investors behind virtual hack.summit(), the world’s largest blockchain programmer event, have launched a $200 million crypto seed fund under the Hack VC umbrella, fund partner Alex Pack told TechCrunch in an interview. Ed Roman, formerly a solo GP, invested in early-stage tech and crypto companies for over 10 years through Hack VC before partnering \[…\]