Posts in category

Startups


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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This post was originally published here “Airdrops are good for crypto users.” Those are the unequivocal words of cryptocurrency wallet and data provider Blockchain in a new white paper that sets out why it believes token giveaways can be beneficial for both individuals and the crypto ecosystem, while announcing a new program aimed to assist …

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“Airdrops are good for crypto users.” Those are the unequivocal words of cryptocurrency wallet and data provider Blockchain.info in a new white paper that sets out why it believes token giveaways can be beneficial for both individuals and the crypto ecosystem, while announcing a new program aimed to assist approved projects with token distributions “as …

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The Ethereum Foundation has awarded a total of $2.86 million to 20 different projects in Wave IV of its Grant Program. Announced at the beginning of 2018, the foundation began the new year with a resolution to fund promising projects that develop on Ethereum. Since the program’s launch, the foundation has committed over $14 million …

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The man who created Atari has moved on to blockchain-based gaming. Neil Bushnell’s X2 Games has been acquired by Canadian-based Global Blockchain (BLOC), a crypto investment firm, in hopes that Bushnell’s expertise will lead to another gaming industry revolution — this time with the help of blockchain technology. The move will see the Canadian company …

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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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Gary Cohn, a former chief economic advisor to U.S. President Donald Trump, has just joined a blockchain startup. Spring Labs, a firm developing a blockchain network for sharing financial data, said in a press release Friday that Cohn, who was also previously president and chief operating officer of Goldman Sachs, is joining its board of advisers. …

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Despite a flurry of media attention surrounding the project, Civil, an Ethereum-based platform aiming to save journalism, can’t seem to get enough buyers for its token. The project released a transparency report showing the figures behind its CVL token sale, which ends at 11:59 p.m. EST on Monday, October 15, 2018, and the numbers do …

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Blockchain finance firm Clearmatics Technologies has raised over $12 million in a Series A funding round led by venture capital firm Route 66 Ventures. Additional investment in the funding round came from private equity firm TNF Capital and XTX Ventures, the venture capital arm of electronic market-making firm XTX Markets. As part of the arrangement, …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. As anger has grown over the power wielded by internet gatekeepers such as Facebook and …

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Blockchain startup Oasis Labs has teamed up with some notable venture capital firms and hedge funds to launch a new technology startup incubator. Announced Tuesday, the Oasis Startup Hub will focus on aiding firms building “privacy-first computing on blockchain” platforms, according to a press release. Accel, a16z crypto, Binance Labs, Pantera Capital and Polychain Capital will …

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Cryptocurrency startup Circle is venturing deeper into crypto trading. The Boston-based company is now ready to buy equity crowdfunding firm SeedInvest. If approved by regulators, the move could allow Circle to help match investors with fledgling companies trying to raise money via initial coin offerings (ICOs). It could also allow Circle to offer its own …

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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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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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Celsius, a cryptocurrency lending startup, says it’s paying thousands of users interest for depositing bitcoin and ether with its wallet app. Revealed exclusively to CoinDesk, Celsius claims to have garnered more than 10,000 users since the soft launch of its mobile app on June 29, with an average deposit of 0.5 bitcoin or 5.5 ether …

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Crypto mining behemoth Bitmain announced Monday it has acquired the startup behind an open-source bitcoin cash wallet called Telescope. The browser-based wallet was launched earlier this year in an effort to enable instant bitcoin cash transactions. At present, Telescope can operate on Google Chrome or Mozilla Firefox, according to a press release, though the team …

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Angelina Kwan, former managing director and head of regulatory compliance for Hong Kong Exchange and Clearing, is taking on the position of COO of BitMEX, one of the largest cryptocurrency exchanges in the world, at a time when the challenges facing these exchanges are greater than ever. In an interview with Bitcoin Magazine, Kwan told …

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After a series of highly-publicized pilots, three companies are now making commercial use of Ripple’s xRapid product. XRapid employs the digital asset XRP, using it as a “bridge currency” in cross-border payments, which according to the company, reduces the cost and increases the speed of these payments by boosting liquidity. The three companies  – MercuryFX, …

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Shares in the publicly listed blockchain tech and consultancy firm DigitalX have slumped after it revealed it is facing a legal claim in an Australian court In an announcement to the Australian Securities Exchange (ASX) Friday, the firm says it has been served with an Originating Application and Statement of Claim in the Australia’s Federal …

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Bitmain, the Beijing-based cryptocurrency mining giant, has officially filed an application to go public on the Hong Kong Stock Exchange (HKEX). Published on Wednesday, Bitmain’s long-awaited initial public offering (IPO) prospectus follows various news reports that the mining giant has been mulling a Hong Kong listing for a multi-billion dollar public fundraising. The process has not …

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