Celo plans to use a dedicated USD-backed stablecoin to provide unbanked consumers with payment options. Blockchain payments startup Celo has raised $30 million from well-known crypto investors Polychain Capital and Andreessen Horowitz, the Wall Street Journal (WSJ) reported on April 2. Celo, which is the trading name of A Protocol Inc., plans to use an […]
Continue Reading
American venture capital firm Andreessen Horowitz has renounced its venture capital exemptions and registered as a financial advisor. American venture capital firm Andreessen Horowitz is restructuring by registering all of its employees as qualified financial advisors, Forbes reported on April 2. Andreessen Horowitz — a Silicon Valley company specializing in investing mostly in technology and […]
Continue ReadingRipple’s project Xpring and blockchain platform Forte have formed a fund to bolster the mass adoption of blockchain technology in the game industry. Ripple’s developer ecosystem project Xpring and game industry blockchain platform Forte have jointly established a $100 million fund to support game developers. The news was announced in a press release published on […]
Continue ReadingThe plans, which would continue a practice begun in February, aim to shore up the exchange rate of USD-pegged Dai. Decentralized Autonomous Organization (DAO) MakerDao (Maker) will let users vote on whether or not to raise a fee used within its Dai (DAI) stablecoin, the organization confirmed in a blog post on Mar. 4. Dai, […]
Continue Reading
GIC was reportedly one of the investors to have helped raise $300 million for crypto exchange Coinbase in 2018. Singapore’s Government Investment Corporation (GIC) was reportedly one of the investors to have helped raise $300 million for major United States crypto wallet provider and exchange service Coinbase in 2018. Bloomberg reported the news on Feb. […]
Continue Reading
Bitcoin.com CEO Roger Ver invested in a new Swiss blockchain fund, Pangea Blockchain. Pangea Blockchain Fund has debuted its blockchain fund, securing $22 million with key investors including Bitcoin.com CEO Roger Ver, according to a press release on Feb. 27. Switzerland-based Pangea Blockchain Fund is targeting the development of transformative blockchain-driven solutions and expects the […]
Continue Reading
Institutional investors are getting more involved in the crypto space as fundamentals are improving. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is […]
Continue Reading
The University of Michigan’s $12 billion endowment plans to bolster its investment in the cryptonetwork technology fund. The University of Michigan’s $12 billion endowment plans to bolster its investment in a “cryptonetwork technology fund” (CNK Fund I) managed by American venture capital firm Andreessen Horowitz. The development was revealed in the agenda for the university’s […]
Continue Reading
According to Bloomberg, investors turn to staking for gains in the crypto bear market, but there are risks. Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article. Staking, which is […]
Continue Reading
Coinbase has acquired a London-based blockchain intelligence startup to prevent theft of funds and investigate attacks. United States cryptocurrency exchange and wallet Coinbase has acquired blockchain intelligence startup Neutrino, according to a post published in the company’s blog on Tuesday, Feb. 19. Coinbase reveals that the company will continue to operate as a standalone business […]
Continue Reading