Cryptocurrency custody services firm Anchorage has added insurance coverage for storing digital assets. Cryptocurrency custody services firm Anchorage has added insurance coverage for storing digital assets, it announced in a blog post on May 29. In the post, Anchorage — which raised $17 million in a Series A round led by Andreessen Horowitz — announced […]
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So far, Havard and Yale lead the pack of institutional money in the crypto world, with multi-million dollar investments in cryptocurrency-related companies. Despite the crypto volatility, the widely publicized regulatory concerns and a lack of liquidity in the cryptocurrency market, reports show that university endowments worldwide are dipping their toes into cryptocurrencies. Recently, a survey […]
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SEC-approved LTSE stock exchange could link crypto firms and the capital of traditional investors. One of the most significant introductions that blockchain has made available in recent years is adding new tools through which companies can raise capital. The technology has made it possible to raise funds for a project from investors of just about […]
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Emin Gun Sirer, the creator of the first PoW-based crypto, plans to build a blockchain that will enable apps “that aren’t even possible yet.” Emin Gun Sirer, a professor at Cornell University and a major global blockchain expert, will launch his own cryptocurrency and blockchain network, Bloomberg reported on May 16. Sirer, the creator of […]
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San Francisco-based blockchain and software firm Orchid Labs raised another $7 million within its latest private offering. United States-based blockchain and software development firm Orchid Labs has raised another $7 million within its latest private offering, according to a blog post published on May 7. Following the new raise, Orchid now has secured $43 million […]
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Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds. Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds, according to a company announcement published on May 1. The lion’s share of the new capital will […]
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Thailand is opening up to crypto, operating an ICO portal and considering the possibility of regulating security tokens. Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the […]
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94% of endowments have been allocating to crypto-related investments throughout 2018, a new survey reveals. 94% of endowments have been allocating to crypto-related investments throughout 2018, a new survey published on April 12 reveals. The study was conducted in Q4 2018 by trade publications Global Custodian and The Trade Crypto, in partnership with blockchain security […]
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Cryptocurrency hedge fund Polychain Capital saw its assets under management shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. Cryptocurrency hedge fund Polychain Capital saw its assets under management (AUM) shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. The news was reported on by the Wall […]
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Ripple Xpring and Bain Capital have invested in Robot Ventures, an early-stage blockchain venture capital firm. Ripple’s developer ecosystem project Xpring and Bain Capital Ventures have invested in early-stage blockchain venture capital (VC) firm Robot Ventures, head of the fund Robert Leshner wrote in a blog post on April 10. Leshner, who also founded Ethereum-based […]
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