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Investments


In an effort to stop several thefts, seven accounts of the EOS blockchain were frozen on June 16. At face value, many will see this move by the 21 block producers (BPs) in charge of validating transactions on the newly live blockchain as a success in stopping malicious actors from bilking several users out of …

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Peer-to-peer file sharing service BitTorrent seemingly pushed back against claims that it would begin using cryptocurrencies after being acquired by the Tron Foundation. In a statement posted to its website Tuesday, BitTorrent wrote that the company has “no plans to change” its business model and will not charge fees for any of its services. Further, …

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Asset tokenization platform TrustToken just raised $20 million in a strategic token sale with the help of major venture corporations, including Andreessen Horowitz (a16z). The startup announced Monday that the cash raised in the funding effort, which was also backed by BlockTower Capital and Danhua Capital, will be used to continue developing its platform, which …

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A week after Quantstamp community members began accusing the smart contracts auditing startup of undermining the value of its $65 million token, the company responded with a statement on Thursday. As previously reported by CoinDesk, for at least the past week, Quantstamp token holders have been alleging that the company misled them by accepting U.S. …

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The World Cup may be completely analog, but don’t tell that to crypto developers. Soft launching now, a new company called CryptoStrikers is entering the so-called “crypto collectibles” market with tokens commemorating the stars of this year’s World Cup. The thing is the tokens it’s offering aren’t the same you’ll see listed on a popular …

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Crypto services company AlphaPoint successfully raised $15 million in its first major round of venture capital funding, the firm announced Thursday. AlphaPoint raised the funds through Mike Novogratz’s Galaxy Digital, the self-described cryptocurrency merchant bank. Chief executive Salil Donde said Galaxy Digital managing director Greg Wasserman is also joining his firm’s advisory board to provide …

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The EOS blockchain is now live. At press time, the blockchain has received more than the 150 million votes needed to determine the individuals or entities that will maintain the distributed network, the world’s fifth largest by total value, thus ending a weeks-long process that had been among the most complex the evolving cryptocurrency market …

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Not content with disrupting U.S. politics, Steve Bannon now wants to disrupt the financial system with a move into the crypto space, according to a new interview. In a Bloomberg article published Thursday, Bannon – who was previously chief strategist for President Donald Trump and executive chairman of Breitbart News – told the news source that he has had meetings …

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A Chinese entrepreneur who recently made headlines by announcing his plan for a blockchain “Uber”, may have got himself in legal hot water over his claims about a bitcoin tycoon, also from China. Chen Weixing made a number of accusations in a WeChat post on June 9, taking aim at Li Xiaolai, a successful Chinese cryptocurrency …

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Thailand’s securities regulator is reportedly expecting to approve five initial coin offerings (ICOs) later this month. According to the Bangkok Post on Wednesday, the Thailand Securities and Exchange Commission (SEC) has said that, while 50 ICOs in the country are currently applying for regulatory approval, five of them are already in a position to move ahead. …

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Who do you trust with your private key? That’s the question that may be on the minds of EOS token holders, who while incentivized to help the much-anticipated technology finally go live, haven’t yet done so. As EOS is set up to enable self-governance by its users, it’s these individuals and companies who have to make the …

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A blockchain project is facing an uproar from community members who say the team has been undermining the value of the token it used to raise millions. The controversy around Quantstamp, maker of a protocol that seeks to decentralize smart contracts auditing, reached a fever pitch late last week, with acrimony spilling into the project’s …

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While the idea of a decentralized internet – commonly referred to as the Web 3.0 – seems attractive to many in the blockchain industry, creating an infrastructure to support it is at least one goal that needs to be completed first. It’s a challenge that Haja Networks is taking on with a new database protocol …

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Visit any EOS Telegram channel and some version of this question will pop up again and again: Is the mainnet live yet? While the EOS blockchain technically launched on June 10 at 13:00 UTC, the answer to that question is effectively no. That’s because the crypto tokens created by Block.one’s $4 billion EOS initial coin …

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A little-known company in Estonia is looking to raise as much as $180 million in a SAFT sale, public records show. A Notice of Exempt Offering of Securities published on June 4 through the U.S. Securities and Exchange Commission’s EDGAR document system shows that a firm called NewTech Myning OU is looking to raise the funds by …

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The launch of the EOS blockchain has been a giant experiment in remote self-organization. Tonight, it took a big leap forward. As anticipated, candidates for the role of block producers (EOS’s equivalent of bitcoin miners) located all over the world voted “Go” to take the mainnet live. EOS is a distributed proof-of-stake blockchain created by …

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Invented to democratize access to funding, it could be argued the crypto token hasn’t quite lived up to its goal. Already gone are the days when any investor could get access to the next big offering (most early issuances, it seems, are now catering to the same stable of Silicon Valley VCs). But one new project …

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Ant Financial, the payment affiliate of Chinese internet giant Alibaba, announced on Friday it has raised $14 billion in a Series C round funding, which will be used to further develop new technologies such as blockchain. Founded in 2004 as AliPay and later rebranded to Ant Financial in 2014, the Alibaba affiliate touts the goal …

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Ant Financial, the payment affiliate of Chinese internet giant Alibaba, announced on Friday it has raised $14 billion in a Series C round funding, which will be used to double down on its development of blockchain technology. Founded in 2004 as AliPay and later rebranded to Ant Financial in 2014, the Alibaba affiliate touts the …

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The registration period for what one startup claims to be the largest airdrop ever will come to a close on Friday. “Decentralized cloud” company Dfinity announced its token distribution plans last week, and revealed in a statement that it will give away 35 million Swiss francs (about $35 million) worth of its DFN tokens to …

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