Cryptocurrency Analysis and News Portal
United States-based blockchain startup Spring Labs has raised $23 million in a Seed A funding round, according to a press release on June 12.Spring Labs will purportedly use the funds to improve its blockchain-based platform Spring Protocol and develop three new fraud protection products that are designed to combat
Read More
Cardano (ADA) was trading around $0.095 by 10:00 UTC on the crypto exchange Binance on Wednesday, up 8.52 percent since the Asian market opened, marking the asset’s most towering one-day performance since May 15.The upward price action pushed ADA’s market capitalization to $2.412 billion, or 0.95 percent of the global
Read More
Medici Ventures, the blockchain-based subsidiary of Overstock.com, has led a $7 million funding round for a blockchain-based voting platform, according to a press release on June 6.The blockchain-based voting platform, Voatz, is reportedly designed to allow citizens to participate in official elections and similar events via mobile devices, such
Read More
A fund of cryptocurrency investment bank Galaxy Digital led a $1.8 million seed funding round for Azure’s blockchain-based gaming rewards platform, VentureBeat reports on June 5.Smart Challenge, Azure’s gaming rewards platform, reportedly allows users to create and compete in challenges on the EOSIO blockchain protocol. By using blockchain technology, the
Read More
Chinese cryptocurrency exchanges facilitate 60% of all stablecoin tether (USDT) trading globally, according to an analysis by Diar on June 3.According to the report, Chinese exchanges in 2019 thus far account for over $10 billion in USDT trading. The United States, in contrast, is said to account for only
Read More
United Kingdom-based international bank Barclays and technology investment firm Bold Capital Partners have led a $5.5 million funding round for fintech firm Crowdz's blockchain-based global invoice exchange, according to a press release on May 28.According to the report, the blockchain-based technology will purportedly make invoice processing more efficient by
Read More
Major crypto exchange Bitstamp has launched an investigation after a large bitcoin (BTC) sell order heavily impacted its order book, as the firm announced in a tweet on May 17.Bitstamp reported an execution of a large sell order in BTC to United States dollars (USD) on its platform today,
Read More
The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond, the institutions confirmed in a press release on May 15.The bond, known as bond-i, uses the Ethereum (ETH) blockchain and was the first in the world to leverage the technology fully when it
Read More
Students from 18 educational institutions in Singapore will receive blockchain-based digital certificates starting in 2019, local tech news agency Tech in Asia reports on May 3.The initiative is a part of a Singapore government-level project called OpenCerts, which was co-developed by the Ministry of Education (MOE), Government Technology Agency
Read More
On April 25, cryptocurrency markets tumbled after the controversy between the New York Attorney General’s (NYAG) office, the stablecoin company Tether, and Bitfinex exchange. Since then, prices have slightly recovered
Read More