Bloomberg calls Bitcoin a bubble yet again, and Facebook is seemingly looking for $1 billion from VC firms for its stablecoin. Top Stories This Week NYT Reporter: Facebook Seeking $1 Billion in Venture Capital for Crypto Project According to a tweet by New York Times (NYT) tech reporter Nathaniel Popper, Facebook is reportedly looking to […]
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Venture capitalist Tim Draper plans to meet with Facebook to talk about investing in the firm’s much rumored crypto project. Billionaire VC investor Tim Draper is planning to meet with Facebook execs to discuss investing in the social media’s rumored crypto project, Bloomberg reports April 12. According to the report, Draper revealed to Bloomberg that […]
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Blockchain-powered freelancers marketplace Moonlighting is set to migrate its 700,000 user accounts to Eos developer Block.one’s Eos.io protocol. Blockchain-powered freelancers marketplace Moonlighting is set to migrate its 700,000 user accounts to Eos (EOS) developer Block.one’s Eos.io protocol. The development was announced in a press release shared with Cointelegraph on April 11. Moonlighting’s move comes as […]
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Pennsylvania-based Ben Franklin Technology Partners will tokenize shares of its Philadelphia investment fund. State-backed venture capital (VC) firm Ben Franklin Technology Partners has rolled out a blockchain-based onboarding and tokenization platform. The development was revealed in a blog post on Thursday, April 11. Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of […]
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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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Serious money is looking to get into the crypto sector, which could help sustain the current uptrend in digital asset markets. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research […]
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Facebook is reportedly seeking venture capital to support its purported native token project. Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper tweeted on April 8. Citing sources familiar with the matter, Popper states that Facebook is seeking a […]
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DLT-powered games developer Lucid Sight will use a total of $11 million in funding to launch Scarcity Engine later this year. Blockchain games developer Lucid Sight has raised $6 million to expand its digital scarcity-powered games to traditional game platforms, tech news website VentureBeat reports April 2. Los Angeles-based Lucid Sight now has $11 million […]
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American venture capital firm Andreessen Horowitz has renounced its venture capital exemptions and registered as a financial advisor. American venture capital firm Andreessen Horowitz is restructuring by registering all of its employees as qualified financial advisors, Forbes reported on April 2. Andreessen Horowitz — a Silicon Valley company specializing in investing mostly in technology and […]
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