MIT Professor's Blockchain Protocol Nets $62 Million in New Funding

2018-10-24 11:15

Algorand, the blockchain protocol founded by MIT professor and Turing Award winner Silvio Micali, has raised $62 million in new funding.

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Hedera Hashgraph Raises $100 Million; Seeking Another $20 Million via Crowdsale

The Hedera Hashgraph alternative blockchain platform has successfully raised $100 million through a future token sale targeted at institutional investors. As first reported by VentureBeat on August 1, 2018, the Hedera Hashgraph team is primed to use the funds to develop a new distributed public ledger that would be faster, more secure, and more efficient, than current blockchain systems.

2018-8-4 12:00


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Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism

The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space.

2018-8-2 00:27