In China, the number of companies registered with the word “blockchain” in their names surged from January to July 16, 2018, surpassing last year’s number by nearly sixfold, the South China Morning Post (SCMP) reported July 16.
Citing figures from business and civil data aggregator Qixin.com, SCMP reported that the country currently hosts more than 4,000 blockchain-related companies.
Approximately 41 percent of startups that received funding in China in the first quarter of last year were blockchain-related.
SCMP reports that last year Chinese companies filed 225 blockchain-related patent applications, which is more than half of the world’s total.
There are 817 companies in the U.S. and 335 in the U.K. with the word blockchain in their registered names.
Lightning Ventures launched Thunder Funder, a platform allowing retail investors to fund Bitcoin and open-source startups. The Reg CF portal democratizes early-stage investing previously restricted to accredited investors.
Y Combinator (YC), the Silicon Valley incubator, has listed stablecoin finance as a category in its new and updated list of areas it would like to deploy funds in.
As the crypto market heads toward another Bitcoin halving expected to trigger a bull market, crypto founders are gearing up to start launching their startups in a more profitable climate. If you are one of these startup founders interested in crypto, Coinbase CEO Brian Armstrong has outlined 10 ideas that would lead to profitable businesses. […]