Cryptocurrency Analysis and News Portal
Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S.In a tweet published on Ripple’s official profile, the lab stated that $100,000 will go to the Tipping Point
Read More
Blockchain firm AVA Labs acquired private investment platform Investery to further expand its operations.AVA Labs told CryptoX on Feb. 27 that the acquisition will enhance its financial offering by enabling access to private asset platforms and the issuance of private financial assets. Furthermore, Investery’s existing partnerships will also transition
Read More
Lightning Labs, a Bitcoin payments startup has raised $10 million in Series A funding to promote the development of the Lightning payments technology and scale its developer ecosystem. The startup has also launched its first paid product, Lightning Loop to facilitate a more efficient transfer of payments on the Lightning
Read More
CEO Lightning Labs Elizabeth Stark announced that the company has raised $10 million to further develop their project and scale the developer ecosystem. The tech company also launched its flagship product Beta Loop after a series of testing.Through a medium blog post, Lightning Labs CEO and Co-founder Elizabeth Stark announced
Read More
Lightning Labs, the developer of the high-speed transaction protocol Lightning Network (LN), has secured $10 million in Series A funding round.The news was announced by Lightning Labs CEO and co-founder, Elizabeth Stark, in a blog post on Feb. 5. The company plans to allocate the raised funds to further
Read More
Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants looking to accept bitcoin payments.Craft Ventures led the round, with Managing Director Brian Murray joining Lightning Labs’ board of directors. Other investors include Slow Ventures, former Goldman Sachs
Read More
Blockchain developers organization Ethereum Classic (ETC) Labs Core (ETC Labs Core) has rebranded to ETC Core.In a Dec. 15 blog post, ETC Core technology coordinator Stevan Lohja announced that ETC Labs Core had been rebranded to ETC Core. Lohja stipulated that this rebranding will assist the company to differentiate
Read More
Funds move between users inside the smart contract, which is orchestrated by validators and guardians. When a contract is open, validators package transactions into blocks. Elected by guardians, validators have a near-perfect probabilistic guarantee of participating honestly with safety features such as built-in collateral (to disincentivize cheating). Users also decide
Read More
Cryptocurrency payment startup C Labs has hired former United States government official Jai Ramaswamy to oversee the company’s compliance strategy.On Nov. 26, Coindesk reported that Ramaswamy had joined C Labs, the company responsible for Celo, which is an open platform that makes financial tools accessible to anyone with a
Read More
There are more than 60 contributors to the Celo project internationally, including the World Bank Group and the UN; tech firms like Google, Square, Microsoft and Apple; financial companies such as PayPal and Morgan Stanley; and academics from MIT, Stanford, Harvard and Berkeley. Source
Read More