Cryptocurrencies could solve some of the internet’s biggest challenges, according to Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz. Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz, said that cryptocurrencies could solve some of the internet’s biggest challenges. According to a report by The Wall Street Journal on Sept. 1, Andreessen made his […]
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2019 has seen a new way of fundraising, IEOs, become the go-to way to raise capital while ICOs lose steam. The crypto community has seen a tectonic shift in fundraising trends: from the decline of initial coin offerings (ICOs) to the hype around security token offerings (STOs) and then the rise of initial exchange offerings […]
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China’s central bank relies on centralization and suppression of open technologies such as blockchain, with its next step being to issue a national stablecoin. The People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project. […]
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Tech market advisory firm ABI Research said that global revenues for blockchain technology are expected to hit $10 billion by 2023. Global revenues for blockchain technology are expected to hit $10 billion by 2023. Tech market advisory firm ABI Research published its findings regarding global revenues from blockchain technology on Aug. 28. Per ABI, investments […]
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Algo Capital has raised $200 million — double its $100 million goal — for its venture capital fund. Algo Capital has raised $200 million — double its original goal — for its venture capital fund. According to a news release shared with Cointelegraph on Aug. 27, the new fund will invest in businesses helping to build […]
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From CT auf Deutsch: a highly active BaFin and a bankruptcy filing from an Austrian crypto ATM start-up lead the week’s news from the German-speaking world. The German-speaking world was highly active as far as crypto was concerned this past week. Among other stories, the German Federal Financial Supervisory Authority (BaFin) issued several items of […]
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Goldman Sachs-backed crypto startup Circle plans to raise a $100 million VC fund for its equity crowdfunding platform SeedInvest. Goldman Sachs-backed crypto startup Circle plans to deploy a $100 million venture capital fund for its equity crowdfunding platform SeedInvest. According to a recent job posting on LinkedIn, Circle is seeking the general partner that will […]
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Samsung-backed blockchain startup Blockco raised $7.5 million in a funding round from Shinhan Bank and KEB Hana among others. South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Banks continue interest in blockchain Backed by South Korea’s tech giant […]
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A partner at venture capital firm Blockchain Capital says Bitcoin is a safe haven in the long run but it might not withstand severe crises. Spencer Bogart, a general partner at venture capital firm Blockchain Capital, thinks that Bitcoin (BTC) will be a safe haven in the long term. However, he has a nuanced view […]
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Who are the biggest hedge funds operating in crypto today and how much do they have invested in crypto and blockchain firms? The total market cap for all cryptocurrencies stands at $293 billion, and while much of this value has been generated by individual traders buying and selling their own private stashes of crypto, it’s also […]
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