Crypto.com Has Introduced a $200 Million Startup Fund

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MIT Academics-Led Blockchain Startup Algorand Raises $62 Million for Enterprise Use

MIT Academics-Led Blockchain Startup Algorand Raises $62 Million for Enterprise Use Algorand, a blockchain startup launched earlier this year by an MIT computer science professor, has now raised $62 million and named a pair of high-profile Boston tech executives to lead the effort to commercialize its technology. The funding comes from a list of about […]

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Synthetic Minds Raises $5.5 Million in Funding Backed by Pantera Capital

The blockchain investment company Pantera Capital and the venture capital firm Khosla Ventures backed the smart contract security startup Synthetic Minds in a $5. 5 million funding round. The information has been released on Monday by Synthetic Minds.

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Crypto Startup dYdX Lets You Short Ethereum [ETH], Raises $10 Million

A five-person company dYdX recently raised $10 million from investors. The crypto-based company has developed a new margin trading protocol on the Ethereum network and allows people to create new financial products.

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Minting the Future of Cryptocurrencies - [BTC Media Sponsor]

In 2009, Bitcoin was ushered in as an alternative to fiat currency, promising to revolutionize the future of peer-to-peer spending. Since then, it has spawned scores of other cryptocurrencies with various value propositions and potential.

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Pantera Capital Backs Blockchain Security Startup's $5.5 Million Round

Smart contract security startup Synthetic Minds has raised $5.5 million from investors including Pantera Capital.

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Major Online Rental Platform Allows Users to be Paid in Ripple

Omni, the online item rental and storage management startup, is now allowing its users to get paid in Ripple, capitalizing off of the cryptocurrency boom. The addition of the XRP payment method comes after the startup raised $25 million in XRP this past January.

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This Week in Blockchain Venture Capital – Oct. 20

Welcome to this week in Blockchain Venture Capital. Cobo Cobo, a Beijing-based cryptoasset wallet startup, recently closed a $13 million Series A round with participants including Wu Capital, DHVC, and the NEO Foundation.

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Chinese F2Pool Founder Raises $13 Million for Its Cobo Cryptocurrency Wallet

Series A Funding Round Brings In $13 Million For Beijing Startup For Crypto Wallets Cryptocurrency wallet startup Cobo has decided that it is time to expand their Beijing-based business to overseas users.

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FRST Blockchain Data Technology Can Identify Inflated Trading Volumes on Exchanges

FRST, A Chicago Based Blockchain Data Provider Implements Technology To Help Trading Firms Identify Inflated Volumes FRST, founded in 2017 by Patrick Gorrell and Jonas Frost, raised $3. 4 million in a seed funding round, led by Vestigo Ventures and CMT Digital, the startup announced Tuesday.

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Civil (CVL) Pulls Plug on ICO After Falling Short of $8 Million Softcap

Journalism startup Civil is pulling the plug on its much-hyped Initial Coin Offering after it met only 13 percent of its fundraising target. However, the company noted its blockchain project is not shutting down any time soon.

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Goldman Sachs and Novogratz Participate in Bitgo’s $58 Million Series B Funding

The race for the cryptocurrency custodial king is quickly heating up. Just days after Fidelity Investments announced that it would offer crypto security and storage services, BitGo has announced the closing of its Series B funding round.

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Cobo Raises $13M in Series A Funding Round

Chinese startup Cobo raised $13 million this week in a Series A financing round led by DHVC and Wu Capital. The Beijing-based company — established by Bihang wallet developer Changhao Jiang and Shixing “Discus Fish” Mao, the co-founder of F2Pool — said it will use the funds to support the international expansion of its two […] The post Cobo Raises $13M in Series A Funding Round appeared first on Bitcoin News.

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Goldman Sachs and Mike Novogratz Invest in Cryptocurrency Startup BitGo

BitGo, a company which provides institutional-grade investors with compliance, security, and custodial solutions for cryptocurrencies has closed its Series B funding round bringing in $58. 5 million.

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Chinese Startup Cobo Raises US$13M Series A for Crypto Wallet Hardware and App

Cobo, a cryptocurrency startup headquartered in Beijing, has raised US$13 million in a Series A funding round from DHVC and Wu Capital to further develop its consumer blockchain products and support the expansion of its product lines into additional markets globally.

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Civil Blockchain Project for Journalism Cancels ICO after Failing to Hit Soft Cap Target

Civil, a media startup aiming to revolutionize journalism via distributed ledger technology (DLT), has announced the cancelation of its initial coin offering (ICO). This comes after the cryptocurrency-based fundraiser failed to generate the $8 million target, reported Fortune on October 16, 2018.

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F2Pool Founder's Crypto Wallet Startup Raises $13 Million

Cobo, the crypto wallet created by F2Pool's founder, has raised $13 million from NEO and DHVC to expand its staking pool with a cold wallet launch.

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Civil Fails to Raise $8M Minimum in ICO

Civil, a blockchain startup that has partnered with Forbes and The Associated Press, failed to reach the $8 million minimum target it set for its initial coin offering this week, suggesting an end to the days when promoters simply had to hint at collaborations with established companies to woo investors.

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Q3 2018: Binance Rakes In $85 Million, Burns 1.6 Million BNB

Binance Torches $17 Million In BNB For 5th Quarterly Burn When Binance’s whitepaper was first released in early-2017, many investors were immediately drawn to the startup’s proposed quarterly buyback policy, in which Binance would allocate 20% of its profits to buy back its in-house digital asset (BNB) at market values in an apparent bid to please investors.

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Media Startup Civil to Issue Refunds as $8 Million Token Sale Fails

The New York-based blockchain media startup Civil will issue refunds to participants in its token sale, which failed to hit the $8 million minimum.

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Ethereum Foundation Awards Nearly $3 Million in Startup Grants

The Ethereum Foundation has awarded 20 different startups and individuals a total of $2.86 million in its latest grant program round.

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Adhara Blockchain Startup Secures $15 Million to Bring DLT Privacy to Central Banks

Adhara Gets $15 Million Funding to Bring Blockchain Privacy to Central Banks Adhara, a blockchain startup has won $15 Million Funding from Consensys, the ethereum design studio to bring blockchain privacy to Central Banks.

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Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding

Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys.

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New Zealand PM Used As Pawn In Fake News Site

Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country.

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This Week in Blockchain Venture Capital – Oct. 11

Welcome to This Week In Blockchain Venture Capital, our weekly series detailing blockchain-focused companies that advance and cultivate their mission with venture capital. Clearmatics Clearmatics, a London-based startup building next-generation clearing machines for financial over-the-counter markets, recently closed a $12 million Series A round.

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Huge User-base South Korean Startups Flock to The Blockchain

Some of the largest startups in South Korea with over 10 million users are turning to the blockchain. “Baedal Minjik,” a food delivery startup whose annual revenue surged 80 percent last year, and “Joonggonara,” a major used goods marketplace in South Korea, have shown interests in integrating the digital ledger technology.

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Dragonfly Capital Partners to Invest Over $100 Million into Crypto Startup Projects

Dragonfly Ventures is the latest investment block and it sprouted due to a partnership between Alexander Pack of Bain Capital Ventures and Bo Feng, Ceyuan Ventures’s founding partner. Pack reported in an interview with Bitcoin Magazine that “We come at crypto as generalist venture capitalists who have been investing in internet technology for decades. With […]

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One Big Backer Is Propping Up Media Startup Civil's Struggling ICO

The token sale for Civil has brought in $1.34 million toward its $8 million minimum goal.

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Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.

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Binance Labs Funds Certik Smart Contract Security Firm

The leading exchange’s development arm has set aside “several million” to fund a startup for verifying smart contracts.

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Binance Is Feeling Very Charitable

Ethereum World News published a report in early August regarding Chris Franko (Expanse) who claimed that he was ordered to pay 400 Bitcoin – which is equal to around $2. 5 million – for a listing position on Binance.

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Is ICO Fundraising Coming to Bitcoin Blockchain? Sidechains Can Make That Possible

South-Korean blockchain startup Temco plans to launch $19 million ICO fundraising on the Bitcoin blockchain by leveraging the RSK's technology of sidechains. The post Is ICO Fundraising Coming to Bitcoin Blockchain? Sidechains Can Make That Possible appeared first on CoinSpeaker.

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Binance Invests in Travel Startup TravelbyBit

Binance announced it has invested $2. 5 million USD in Brisbane, Australia based company TravelbyBit. TravelbyBit services the travel and tourism industry, allowing travelers to book their journeys using crypto as payment.

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Ethereum-Based Skale Raises $10 Million from Crypto Investment Funds

Blockchain startup Skale Labs raised nearly $10 million to develop a blockchain scalability infrastructure for the Ethereum network, the company announced in a press release on October 4, 2018.   Skale Labs Aims for Better Blockchain Infrastructure Skale Labs, a San Francisco-based decentralized app (dApp) startup, has raised $9.

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Crypto Exchange Behemoth Binance Invests in Australian Startup TravelbyBit

Crypto exchange giant Binance has announced that it will invest more than USD$2. 5 million in TravelbyBit, the Australian startup that facilitated the world’s foremost digital currency-friendly airport in Brisbane.

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Circle Poised to Acquire Equity Crowdfunding Platform SeedInvest

Cryptocurrency startup Circle is venturing deeper into crypto trading. The Boston-based company is now ready to buy equity crowdfunding firm SeedInvest. If approved by regulators, the move could allow Circle to help match investors with fledgling companies trying to raise money via initial coin offerings (ICOs).

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Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]

Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.

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Crypto News Weekly 05.10.18: Shapeshift Accused of Money Laundering, Tether Dumped, Pornhub Limp on Crypto

Shapeshift accused of money laundering $9 million, Pornhub announces limp take-up on crypto payments, Tether loses yet another bank, Binance pumps $2.5 million into Australian startup.

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Binance Invests $2.5 Million in Australian Blockchain Travel Startup

Binance has announced a $2. 5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world.

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Multicoin Leads $10 Million SAFT Sale for Ethereum Scaling Startup Skale

Skale Labs has raised $10 million to launch a layer 2-focused scalable blockchain for ethereum dapps.

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Bitcoin Startup Acinq Raises $1.7 Million to Double Down on Lightning

A new funding round shows that lightning technology isn't just a big hit with bitcoin developers - investors are getting interested, too.

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R3-led DrumG Raises $6.5 Billion Thanks to Investment from Ethereum Co-Founder

ConsenSys, a studio founded by Ethereum co-founder Joseph Lubin, invested $6. 5 million into blockchain startup DrumG on October 1, 2018. Series A Investments Led by the Competition ConsenSys isn’t new to making investments via investment arm called ConsenSys Ventures.

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Startup Raises $2.5M From Binance to Help Australia’s Airports to Accept Crypto

Binance, the world’s largest cryptocurrency exchange by daily trading volume, has invested $2. 5 million in TravelbyBit, a startup supported by the government of Australia to operate crypto point-of-sale (PoS) systems at the country’s airports.

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Binance Invests $2.5 Million in Blockchain-Based Travel Startup

Binance had to move its headquarters from China to Japan in the wake of the PBoC’s crackdown against local cryptocurrency firms. But that didn’t discourage it from becoming the world’s leading cryptocurrency exchange.

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Binance Invests $2.5 million in Australian Blockchain Startup TravelByBit

As part of the arrangement, TravelByBit has integrated payments with the exchange’s own token, Binance Coin (BNB).

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Tiger Global Plans to Invest $500M in Coinbase Quadrupling Startup’s Valuation

Tiger Global is considering a $500 million investment in Coinbase, which will make the plattform one of the highest privately valued companies in the US. The post Tiger Global Plans to Invest $500M in Coinbase Quadrupling Startup’s Valuation appeared first on CoinSpeaker.

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Ethereum Co-founder Invests Millions in Former Competitor’s Company

Ethereum co-founder Joseph Lubin has announced a partnership with a company founded by some of Ethereum’s biggest competitors, according to Forbes. Lubin is set to invest $6. 5 million into Bermuda-based stealth startup DrumG.

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ConsenSys AG Invests US$6.5M in Blockchain Startup DrumG Technologies

DrumG Technologies, a blockchain startup started by R3’s former head of global business development Tim Grant, has raised US$6. 5 million in a Series A funding round from Ethereum development studio ConsenSys AG, the startup announced on Monday.

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ConsenSys Invests $6.5 Million in Former R3 Exec's Blockchain Startup

ConsenSys invested $6.5 million into DrumG, the blockchain startup founded by former R3 official Tim Grant.

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