Binance experienced a “large scale” data breach this week — here is what is known so far. Binance, one of the world’s largest cryptocurrency exchanges, experienced a “large scale” data breach on May 7. The hackers reportedly stole around 7,000 Bitcoin (BTC), worth more than $40 million as of press time. As the platform explained […]
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Ovestock’s blockchain subsidiary tZero has secured a $5 million investment from Chinese investment firm GSR Capital. Overstock’s blockchain subsidiary tZero has finally secured a $5 million investment from Chinese investment firm GSR Capital, Overstock announced on its latest earnings conference call on May 9. Following an investment in cash and marketable securities, Overstock evaluated tZero’s […]
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Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. American blockchain startup Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. […]
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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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The Ethereum startup is hoping to galvanize itself following a difficult period amid plans to raise $200 million. New York-based blockchain company ConsenSys is restructuring its various operations to shore up its market presence as it seeks $200 million in funding, a press release confirmed on May 6. In a move which will also see […]
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United Kingdom-based blockchain settlement startup Setl has emerged from administration. Credit Agricole-backed blockchain-based settlement startup Setl has emerged from administration, financial news outlet Finextra reports on May 3. Per the report, the United Kingdom-based startup has returned following its insolvency filing after its management bought the operating assets, the staff and the intellectual property rights […]
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London Stock Exchange CEO Nikhil Rathi believes that blockchain can find some use in securities issuance and trade settlement. The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on […]
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Decentralized sports investment and funding firm SportyCo will reportedly not purchase English Championship football club Hull City AFC. Decentralized sports investment and funding firm SportyCo will reportedly not purchase English Championship football club Hull City AFC, the Next Web reported on May 1. Sources familiar with the matter reportedly told the Next Web that the […]
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Following closures of its PAC and Chicago office, Coinbase says its shifting focus to serve institutional investors. America’s largest cryptocurrency exchange, Coinbase, is shifting its focus to serve the needs of a growing interest in crypto by institutional investors. This is the narrative coming from the company after some changes in the last 10 days. […]
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The plans significantly overtake pledged funding from the incumbent government, which has shown itself to be skeptical of the technology. Australia’s main opposition party would inject $3 million AUD ($2.1 million) into blockchain technology should it win next month’s federal election, tech news magazine ZDNet reported on May 1. Under plans previously outlined as part […]
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