.bit Reveals .bit Alias to Help Users Avoid Risks of Using Decentralized Identifiers for Certain Asset Transactions

.bit (“the Company”), an open-source Web3 identity provider of permissionless decentralized identifiers, has followed up its recent warning about the risks surrounding the usage of decentralized identifiers for crypto asset transactions by revealing a powerful tool, .bit Alias that reduces the risks for users associated with sending assets using mainstream crypto wallets and exchanges. .bit […]

.bit Raises $13M to Build Cross-chain Decentralized Identity Protocol

.bit ( has raised $13 million to build cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was led by CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ. .bit’s open-source blockchain protocol will provide permissionless decentralized identification for individual users and DAOs. Over the past […]