Posts in category

Startups


The Malta Stock Exchange announced today that Binance, one of the world’s leading cryptocurrency exchanges, is backing its newly launched program to support fintech startups and entrepreneurs. Known as a tiny archipelago between Sicily and the North African coast, Malta, along with several other microstates including Bermuda, Liechtenstein, Gibraltar and San Marino, have joined the race …

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Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund.   Its addition to the exchange …

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As the effects of climate change make their mark across the globe, people are more wary of their carbon footprints and are gradually switching to renewable energy. Swytch, a blockchain-based energy platform will work with Energy2market GmbH (e2m), a leader in aggregated energy trading, on a pilot program which will allow it to power homes …

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Tezos, the blockchain project that sought to fix crypto’s broken governance models, is at the center of talk about how to handle decentralized politics – just not in the way its founders had hoped. On Sunday, the Tezos Foundation announced that it would be carrying out know-your-customer and anti-money laundering (KYC/AML) checks on investors who bought …

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In several countries throughout Africa, citizens are spending an average of 27 cents to top up their mobile airtime, and they’re using a crypto token to do it. That might sound strange to many in the crypto industry, since the vision of today’s blockchains allowing the movement of millions of microtransactions across the globe has …

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If you can’t beat ’em, join ’em. The age-old idiom may be particularly relevant for David Vorick, the co-founder of the Sia blockchain, whose new project aims to fight powerful crypto mining chip manufacturers by bringing competition to the sector. To do this, Vorick launched Obelisk, a new chip manufacturing business last year, an effort he …

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Ripple’s former CTO Stefan Thomas is going up against Ethereum with the launch of a new smart contracts platform. Well, “new” isn’t quite right – the platform Thomas released implementations for today is Codius, an open-source project that Ripple released in beta in 2014 but shelved the following year. Now, though, having announced his departure from …

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“Convergence” may mean different things to different people in blockchain, but it’s a word that’s appearing more in more in public rhetoric of late. For some, it simply means that innovations developed on a public blockchain powered by a cryptocurrency can be leveraged on a private blockchain used by enterprises, and vice versa. But to others, …

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Bitcoin may be the original cryptocurrency, but it can still learn new tricks. In an industry where bitcoin has taken a backseat to networks like ethereum, at least when it comes to enabling more complex and exotic transactions, both founders behind the peer-to-peer exchange platform Hodl Hodl believe people are underestimating bitcoin’s potential. Unlike many of …

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The recently aired Season 5 of the popular HBO comedy Silicon Valley features a decentralized internet powered by end-user devices and an internal blockchain-based crypto economy. As usual, the fictional treatment in the show, which has been rightly praised for providing an entertaining but accurate portrait of contemporary tech trends, is based on real developments. The first …

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Catalonia is continuing to test the boundaries of centralized power in Spain, this time with the help of decentralizing blockchain technology. Despite the police crackdown that followed last October’s failed bid for independence, the Catalan Government plans to airdrop an energy trading token to people in the northeastern Spanish region. The plan is to incentivize …

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Huobi, the third largest crypto exchange by 24-hour trading volume, is reportedly setting up an office in Brazil. According to reports in Portal du Bitcoin, representatives of Huobi were seen distributing business cards during Bitconf, a major cryptocurrency conference held in São Paulo, Brazil, on May 5-6, 2018. The Singapore-based exchange has yet to make …

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“We’re definitely not in the beer-vending business.” That might not be something you’d expect the marketing manager for a crypto tech company to clarify, but it’s perhaps now necessary when discussing Civic, the startup founded by entrepreneur and “Shark Tank South Africa” star Vinny Lingham in 2016. Announced Friday, the Palo Alto-based startup will unveil …

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Don’t judge a self-proclaimed bitcoin maximalist by his trollish tweets. At least not Paris-born Pierre Rochard, who many have surely dismissed because of his bombastic Twitter account, which he routinely uses to diss “altcoin” fans for “peddling trash.” But to disregard him would be to miss the nuanced theory behind his quips. “Obviously, there are …

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Don’t judge a self-proclaimed bitcoin maximalist by his trollish tweets. At least not Paris-born Pierre Rochard, who many have surely dismissed because of his bombastic Twitter account, which he routinely uses to diss “altcoin” fans for “peddling trash.” But to disregard him would be to miss the nuanced theory behind his quips. “Obviously, there are …

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Peer-to-peer marketplace Paxful has announced plans to construct a blockchain technology incubation hub in Lagos, Nigeria. The project — set to be launched this coming fall — will provide a coworking space for company staffers and offer services like networking for ICO advisors, corporate and individual blockchain training, and mentorship for Nigerian blockchain developers. In …

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Global auto giant BMW is piloting a blockchain platform to track mileage in leased vehicles through its startup innovation program. DOVU was one of five startups to work with BMW Group UK as part of the company’s Innovation Lab, first unveiled back in February. Specifically, DOVU developed a system with Alphabet –  BMW’s fleet manager – …

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On May 4, 2018, at EDCON in Toronto, Canada, the Huobi Group announced its plans to expand to the Canadian market with a fully operational office in Toronto by the end of the year. This expansion marks the blockchain asset company’s second move into North America this year after setting up operations in San Francisco, …

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OpenBazaar is gearing up for an overhaul. Since startup OB1 launched in 2014 to develop a “bitcoin-powered” online market, the founders have focused almost exclusively on the world’s largest cryptocurrency. But with the scaling debate still raging in some ways, OB1 co-founder Washington Sanchez took to Twitter recently to vent his frustrations about that course …

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*Inspired by true stories At CoinDesk, we believe that you can put a blockchain on, in or next to anything. (It’s possible that we may even be blockchains). And certainly there’s no better place that blockchains can solve a real-world problem than here at CoinDesk. Let’s face it, today’s reporters struggle to cover the cryptocurrency …

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