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Corona, Budweiser Owner’s Investment Arm Backs Blockchain ID Startup

United States-based blockchain identity startup BanQu announced that it closed an extension of its series A funding round led by multinational drinks and brewing company Anheuser-Busch InBev’s investment arm. The development was announced in a post on June 6.Per the announcement, the undisclosed amount of funds have been raised

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European Central Bank Policymaker Backs Stablecoins over Bitcoin

European Central Bank policymaker Francois Villeroy de Galhau believes that stablecoins can play an important role in the financial system as they aren’t as volatile as Bitcoin and other cryptocurrencies, reported Bloomberg, May 15, 2019. What’s Not Understood is Often Feared In the past seven days, Bitcoin’s price has reached from $5,000

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Samsung Backs Crypto Hardware Startup Ledger with $2.9M Investment

Photo: Joe C / FlickrBig corporations across the globe continue their patronage to the crypto industry by making huge investments. South Korea-based tech giant Samsung recently invested $2.9 million in cryptocurrency hardware ledger manufacturer, Ledger. A spokesperson from Ledger confirmed the investment but didn’t disclose further details.Also, with the

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Crypto Tidbits: Bitcoin SV Delisting, Binance Chain Launch, HTC Backs Blockchain Fund

Another week, another round of Crypto Tidbits. The movement in the value of Bitcoin (BTC) has slowed, with volume and volatility falling across the board, but underlying industry developments have been absolutely monumental.Bitcoin Satoshi’s Vision (BSV) was delisted on an array of exchange; Binance launched its own blockchain, sparking a

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ConsenSys Backs Ethereum-Based Unlisted Infrastructure Investment Startup Allinfra

Ethereum (ETH) blockchain-focused development company ConsenSys has invested in an infrastructure investment startup, Allinfra, according to a press release shared with Cointelegraph on Feb. 21.As per the announcement, ​Allinfra will rely in part on ConsenSys’ technological capabilities and expertise in the tokenized assets area. The exact amount of the investment

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Japanese Finance Giant SBI’s Crypto Subsidiary Backs Mobile Wallet BRD

SBI Crypto Investment, a subsidiary of the Japanese financial giant SBI Holdings, has invested in crypto firm Breadwinner AG, Cointelegraph Japan reports on Jan. 15.SBI’s crypto investment fund did not disclose the amount contributed to Switzerland-based Breadwinner, the developer of mobile crypto wallet BRD.  According to the announcement, BRD operates

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ConsenSys Backs Icelandic Startup Co-Founded by Ex-Chair of Country’s Central Bank

Ethereum (ETH) blockchain startup and incubator ConsenSys has participated in a $2 million seed funding round for Iceland-based blockchain startup Monerium, according to a press release from the firm, published Jan. 11. The startup counts the former chairman of Iceland’s central bank among its four founders.The funding round was reportedly

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Singaporean Government Backs International Blockchain Incubator LongHash

Singaporean Government Backs International Blockchain Incubator LongHash January 9, 2019 by Akshay Makadiya Global blockchain startup accelerator LongHash has launched an incubation program with the aim of turning early stage blockchain ideas into real-world working businesses. Backed by the Singaporean government, the program hopes to accelerate blockchain adoption in the country. Also

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