TechFlow news, Cryptosat has recently raised $3 million in seed funding as part of its effort to bridge the worlds of cryptocurrency and space technology. The round was led by Cryptosat's founders, with participation from Protocol Labs—the developer behind Filecoin and IPFS—as well as other investors including Inflection, GoAhead Ventures, DoraHacks, and the founder of Phala Network.
Earlier in May, SpaceX launched Cryptosat’s first cryptographic satellite, "Crypto1," into low Earth orbit from Florida. This satellite will provide a physically inaccessible and tamper-proof platform in space, enabling the deployment of blockchain and ledger applications. Original link
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