An ultimate financial game-changer: Blockchain technology has dramatically changed the traditional finance industry, and there is more to come. A few years ago, blockchain technology gained significant traction and was regarded as a truly revolutionary tool for any industry, providing opportunities to significantly update the way of doing business in many areas. As a result, […]
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Block.one have invested $50,000 into Genobank’s Telos-based coronavirus and DNA testing application. Block.one, the company behind EOSIO (EOS), issued a $50,000 grant to Genobank for its open-source app on April 29. The grant is designed to facilitate anonymous access to COVID-19 testing. Genobank announced at the start of April that its app, Agerona, was being […]
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Speaking to Cointelegraph during Virtual Blockchain Week, Caitlin Long predicted an oncoming wave of institutional investment. During Virtual Blockchain Week, Cointelegraph spoke with Caitlin Long — the founder and CEO of the upcoming “crypto bank” Avanti Bank & Trust as well as the driving force behind regulatory changes in the state of Wyoming for allowing […]
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Top venture capital firm Andreessen Horowitz forms its second crypto asset fund totaling $515 Million, surpassing the initial goal by $65 million. Top venture capital firm Andreessen Horowitz is expanding its presence in the crypto sector. The United States-based company has raised $515 million for its second crypto-focused fund, according to an April 14 article […]
Continue ReadingDue to the uncertainty surrounding the global financial sector at the moment, experts are still not sure of the impact that the upcoming halving will have on Bitcoin’s value. Over the course of the past month, the crypto world has understandably been abuzz with talks of the upcoming Bitcoin (BTC) halving event that is scheduled […]
Continue ReadingThe world has dramatically changed and traditional finance instruments such as venture capital funds have to adjust to a new reality. Shocking as it may sound, the venture capital industry is built on the idea that it doesn’t really matter if most of the companies they fund lose money or go belly-up. Could this be […]
Continue ReadingSecuritize, a compliance platform for token issuers, has released a new tool that ensures private digital securities trading is completed compliantly. Securitize, a digital securities platform backed by major cryptocurrency exchange Coinbase, has announced a new tool that assures that secondary market transactions of digital securities are compliant with regulations. According to an April 22 […]
Continue ReadingAs Grayscale reveals it holds 1.7% of all Bitcoin in circulation, institutional investors seem to be gaining more confidence in Bitcoin. A recent report by Grayscale, a cryptocurrency venture capital company, revealed the firm now holds roughly 1.7% of all of Bitcoin’s supply in its Bitcoin Trust (GBTC). Having seen the biggest quarter yet, Grayscale’s […]
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A Shell-backed blockchain startup has raised $2.5M to build an enterprise platform featuring zero-knowledge proofs. Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions. The funding round was led by Hong Kong-based venture capital, […]
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A behind-the-scenes look at the impact to and recovery from China’s blockchain industry following the initial coronavirus outbreak. The COVID-19 pandemic is threatening to plunge the world into the deepest crisis since the Great Depression and could deprive global economies of $5.5 trillion over the next two years. China’s economy shrank for the first time […]
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