Cryptocurrency Analysis and News Portal
Fresh on the heels of an $18.3 million Series A funding round last August, crypto lending startup BlockFi has secured a $30 million Series B.Announced Thursday, the new funding will help the firm expand both its product offering and geographic footprint. “We decided to opportunistically raise the Series B to expand
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The conflicting information coming out about coronavirus speaks volumes about how dangerous the novel disease could be. There’s ample reason to believe the situation is likely much worse than anyone thinks. Here are five convincing reasons to believe so. The coronavirus is a whisker away from becoming a pandemic for the World Health
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Blockchain-based payments firm Ripple has raised $200 million in a Series-C funding round led by alternative asset investment firm Tetragon. Japan's SBI Holdings and VC firm Route 66 Ventures also participated, Ripple announced on Friday. “We are in a strong financial position to execute against our vision. As
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Bitcoin seems to continue this week’s losses. After yesterday’s sell-off, crypto markets continued to fall and Bitcoin price fell below the $8,200 threshold. At the time of writing it was still in the fall by 4.81% to $8,148.80.The correction of the market is more than obvious because, at the time
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Venture capital firm Andreessen Horowitz has led a $5 million funding round for Arweave, a blockchain-startup focused on permanent online data storage.On Nov. 5, the Arweave project reported that it had attracted world-leading funds in a $5 million investment round led by Andreessen Horowitz’s a16z Crypto, with the participation
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BitMEX says its internal processes “failed” last week, subsequently exposing thousands of the exchange’s clients to privacy risks. In a company blog posting on Monday, the crypto-derivatives exchange said its mass emailing operation failed causing “most BitMEX users” to
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Verisart, a company that certifies art authenticity through blockchain technology, has raised $2.5 million to further expand its commercial art platform.Verify and track provenance of artIn an Oct. 3 article by Techcrunch, it was announced that Verisart raised $2.5 million in seed financing led by Galaxy Digital EOS Fund,
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Montreal-based digital asset custodian Knøx has secured $8.25 million in a seed round to support its crypto custody service for institutional customers and fiduciaries.The funding round was led by San Francisco-based venture capital firm Initialized Capital, with the participation of financial services giant Fidelity and venture firm iNovia, Canadian
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Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by Japanese financial powerhouse SBI Holdings.Elliptic continues to expand in AsiaAccording to a press release shared with CryptoX on Sept. 3, the funding will be used to support continued expansion into Asia, with new
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Hybrid blockchain solutions startup Kadena has updated its enterprise blockchain platform on the Microsoft Azure Marketplace.On Aug. 27, Kadena announced that its new product called Kadena Scalable Permissioned Blockchain is available on Azure Marketplace for free.Blockchain scalability ambitionsFounded by former blockchain experts at United States banking giant JPMorgan, Kadena
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