Binance Labs has invested $45,000 in three different open-source projects, including Ironbelly, HOPR, and Kitsune Wallet. Binance Labs, the investment arm of major cryptocurrency exchange Binance, has granted $45,000 to three different projects. The news was announced in a blog post on Friday, April 12. Per the post, Binance Labs has contributed $15,000 to each […]
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Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” San Francisco-based blockchain project Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” The news was announced by co-founder and CEO at Thor, David Chin on April 9. […]
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Tech firm Horizen Labs has raised $4 million in funding it will use to develop its sidechain-as-a-service products. Horizen Labs — a tech firm that helps businesses build distributed ledger platforms — has raised $4 million in funding, according to a blog post published on April 11. Horizen Labs initially aimed to raise $2 million […]
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American blockchain startup Flexa raised $14.1 million in funding to release a blockchain-powered payment network for retailers. New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11. Per the release, Flexa has raised $14.1 million in funding […]
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Mike Blandina, who has over 25 years of experience in payments and engineering, joined Bakkt as its new chief product officer. A former engineering executive at PayPal and Google will join the team behind the institutional digital asset platform Bakkt, the firm’s CEO Kelly Loeffler announced in a blog post on Medium on April 11. […]
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Pakistan’s government is working to bring the nation into the crypto sector. Almost a year after a blanket ban on cryptocurrencies, Pakistan has come a long way in its attitude toward the space. A recent notice by the State Bank of Pakistan (SBP) declared that institutions willing to work in the sphere of “electronic money” […]
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The partnership research scheme with Taekion is entering its second phase, focusing on blockchain’s role in preventing cyberattacks. A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10. The project, principally a partnership between the U.S. […]
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The company’s WISeCoin spin-off plans to raise a total of around $17.5 million in the upcoming token offering. A subsidiary of Swiss cybersecurity and blockchain firm WISeKey has raised $7 million in an pre-funding round prior to launching a security token offering (STO), the company confirmed in a press release on April 11. WISeCoin, which […]
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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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The new U.S. bill from Rep. Darren Soto offers to allocate $25 million to the FTC from 2020 to 2024 to prevent crypto crimes. The so-called Digital Taxonomy Act of 2019, which United States legislators introduced yesterday, April 9, offers to allocate the Federal Trade Commission (FTC) $25 million annually to prevent crypto-related crime. The […]
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