Cryptocurrency Analysis and News Portal
The intersection of blockchain and electric vehicles (EVs) is one of the many examples that testify to the fact that the energy transition will not unfold without blockchain solutions. They are today an integral part of the transition to a green and digital energy future. The energy transition to a decarbonized
Read More
Massive amounts of capital have been pouring into blockchain and cryptocurrency companies from venture capital and direct investment in recent months, and the momentum has continued unabated, despite the recent crypto market correction. In Asia, Hong Kong-based crypto derivatives exchange FTX this month made history with a US$900 million series B
Read More
Multiverse, a decentralized artificial intelligence ecosystem that funds early-stage tech companies, has secured $15 million in investments from some of blockchain’s biggest venture funds. Samsung Next, a developer ecosystem focused on AI, blockchain and fintech, was among the investors, along with Arrington XRP Capital, Huobi Ventures and Fenbushi, Multiverse announced Wednesday.
Read More
Biconomy, a Singapore-incorporated technology company building transaction infrastructure for blockchain applications, today announced it had raised US$9 million in a private funding round led by digital asset fund manager DACM and investment firm Mechanism Capital, according to a company statement. Fast facts Other investors included Coinbase Ventures, Coinfund, Huobi Innovation Labs and
Read More
Thailand’s central bank yesterday published guidelines to regulate and promote the use of blockchain technology in the financial sector. Fast facts Released by Siritida Panomwon Na Ayudhya, assistant governor of the payment systems policy and financial technology group at the Bank of Thailand, the guidelines provides principles for blockchain technology adoption by
Read More
Fifteen of India’s largest banks have invested in a fintech firm that aims to use blockchain to speed up domestic letters of credit, a first in domestic trade finance, regulatory filings to the National Stock Exchange of India show. Fast facts Named the Indian Banks’ Blockchain Infrastructure Co., the firm uses blockchain
Read More
Years after CryptoKitties were released to the masses, the nonfungible token (NFT) sector is finally going places.Coveted collectibles are selling for millions of dollars in some of the world’s finest auction houses. Top-flight soccer and basketball teams are releasing once-in-a-lifetime moments that fans cherish. Movie studios are starting to issue
Read More
Blockchain infrastructure provider and crypto custodian Fireblocks has secured another $310 million in strategic investments, bringing its total valuation to $2 billion and marking another major milestone for the company. Michael Shaulov, CEO of Fireblocks, told Cryptox that the funding would go toward expanding internal capacity, including increasing the research
Read More
The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. In an effort to counter the rise in document forgery, the Maharashtra State Board of Skill Development (MSBSD) goes against India’s crypto ban narrative
Read More
In the last installment of this special 3-part series on the practical use cases for blockchain, authors Kosrow Dehnad and Joe Duncan weigh the benefits of this technology in the internet of things (IoT). Part 1 of the series explores blockchain’s potential in payments, and Part 2 examines how this
Read More