Posts in category

Investments


Cobo, a Beijing-based cryptocurrency wallet startup, has closed a $13 million Series A funding round in its bid to expand its services overseas. The company announced the latest equity financing on Wednesday, which is backed by Danhua Venture Capital, the NEO Foundation and Wu Capital, a China-based family office and limited partner in funds created …

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If there’s money to be made in the crypto markets, you can bet traders will be the first on the scene. Such was the case at least last week, when Coinbase Pro, the cryptocurrency trading platform operated by San Francisco startup Coinbase, announced it would list the cryptocurrency 0x (ZRX), a move that put the …

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This post was originally published here Civil, the New York-based startup aiming to put journalism on a blockchain, has announced it will issue refunds to users who participated in its token sale, as it failed to meet a pre-set minimal requirement. Matthew Iles, Civil’s chief executive officer, wrote in a blog post on Tuesday that …

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Civil, the New York-based startup aiming to put journalism on a blockchain, has announced it will issue refunds to users who participated in its token sale, as it failed to meet a pre-set minimal requirement. Matthew Iles, Civil’s chief executive officer, wrote in a blog post on Tuesday that the startup closed the sales process …

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This post was originally published here What if the volatility of cryptocurrencies could be eliminated, making crypto more of a feasible, mainstream investment? An established fintech company is working to achieve just that. Rise, which was founded in 2012, is planning to adapt its artificial intelligence (AI) trading technology to the cryptocurrency markets – enabling …

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Blockchain startup Adhara, which boasts a stellar line-up of former banking innovators, has secured $15 million in new funding from Consensys, the ethereum design studio. The funding will help Adhara continue its work on international payments, which includes introducing central banks to the type of cryptography normally confined to math labs and academic circles. For …

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This post was originally published here Volatile price swings and plummeting valuations have been a reality for bitcoin investors of late, but those who own traditional equities haven’t been immune either. In fact, bitcoin and the S&P have correlated on and off for almost a year, each taking turns as the leading indicator. Bitcoin, the …

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Volatile price swings and plummeting valuations have been a reality for bitcoin investors of late, but those who own traditional equities haven’t been immune either. In fact, bitcoin and the S&P have correlated on and off for almost a year, each taking turns as the leading indicator. Bitcoin, the cryptocurrency advertised as digital gold due …

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This post was originally published here North Dakota Securities Commissioner Karen Tyler has issued cease and desist orders against three firms for allegedly offering unregistered and fraudulent securities in the form of Initial Coin Offerings (ICOs), according to an announcement published Oct. 11. The companies at the center of the orders are Crystal Token, Advertiza …

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Binance Labs, the incubator wing of the Binance cryptocurrency exchange, has invested in a smart contract and blockchain audit startup, the company announced Monday. Called CertiK, the firm seeks to help secure smart contract and blockchain platforms through a formal verification process. The team has already begun working on ensuring existing blockchain platforms do not …

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This post was originally published here Crypto company Circle is reportedly moving to acquire SeedInvest, a crowdfunding platform for startups. Bloomberg reported Friday that Circle’s acquisition will – if approved by regulators – open to the door to allowing startups to raise funds by selling digital tokens via its platform. The move would also expand …

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This post was originally published here Ivy League U.S. university Yale is said to be one of the investors that helped to raise $400 million for a major new cryptocurrency-focused fund, Bloomberg reports October 5. The fund, dubbed ‘Paradigm,’ was reportedly created by Coinbase co-founder Fred Ehrsam, former Sequoia Capital partner Matt Huang, and Charles …

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Crypto company Circle is reportedly moving to acquire SeedInvest, a crowdfunding platform for startups. Bloomberg reported Friday that Circle’s acquisition will – if approved by regulators – open to the door to allowing startups to raise funds by selling digital tokens via its platform. The move would also expand the Circle team by 30 employees, …

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For better or worse, the ICO landscape has changed a lot of the past twelve months. I have been involved in every turn of this tumultuous ride. In the meantime I’ve probably accumulated enough fun stories to write a small book, but for now I’ll limit myself to a brief digest. It used to be …

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Has Yale University just plunged into the turbulent waters of the cryptocurrency markets? That’s a big yes, according to an anonymous source cited in a Bloomberg report Friday. While yet to be officially confirmed, the Ivy League institution is said to have invested in a major crypto fund set up by Fred Ehrsam, Coinbase co-founder; Matt Huang, a former partner …

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Medici Ventures, the blockchain accelerator and subsidiary of Overstock.com, has made a seven-figure investment in blockchain startup VinX. Israel-based VinX is developing a supply chain platform for trading wine futures, which allow connoisseurs and collectors to purchase a vintage while it’s still in the barrel, a year or two before it’s bottled and released on …

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Blockchain startup Skale Labs raised nearly $10 million in an effort to develop a blockchain scalability infrastructure for ethereum, the company announced Thursday. The startup says in a press statement that it raised $8.86 million in a Simple Agreement for Future Tokens (SAFT) sale led by Multicoin Capital, on top of $785,000 raised earlier this …

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Bitcoin bears have been emboldened by repeated rejection from a key moving average hurdle, but they may take a breather over the next 24 hours as the price heads for another key trendline of support. The world’s premier cryptocurrency is lacking a strong bullish or bearish bias in the near-term given that its price action …

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This post was originally published here Retail brokerage firm TD Ameritrade has announced that is backing new crypto exchange ErisX, according to a press release published on the company’s website Wednesday, October 3. TD Ameritrade, which currently provides investment services to up to 11 million clients, did not reveal the details of the deal. However, …

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Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. Last week, CoinDesk was first to give its readers a glimpse at the …

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