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Blockchain Development Firm Raises Nearly $28M in Funding

Blockchain technology firm, LayerX, has raised about 3 billion yen (equivalent to nearly $28 million) to further blockchain adoption.The Japanese version of Cryptox reported on May 28 that LayerX raised the funds from venture capital firms JAFCO, ANRI, and Yahoo Group. JAFCO board member, Keisuke Miyoshi, commented:“Corona has exposed various

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Institutional Crypto Trading Platform Raises $17M Despite Economic Slowdown

Institution-facing liquidity aggregator, FalconX, has announced a $17 million fundraising round including participation from Coinbase Ventures, Accel, and a venture capital firm associated with FMR LLC — the parent company of Fidelity Investments.FalconX will use the funds to scale its infrastructure, introduce new products, and expand its trade execution engine.Institutional

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Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion

On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward the Bitcoin Cash Node (BCHN)

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Crypto Tidbits: Bitcoin Hits $9ks, a16z Raises $500M Crypto Fund, Ethereum 2.0 Nears

Another week, another round of Crypto Tidbits. Bitcoin has been one of the best-performing assets in financial markets over the past week, managing to rally as high as $9,500 — over 25% higher where it started this week. Altcoins, interestingly, have underperformed the market leader, with Ethereum and XRP both gaining

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Aussie Crypto Unicorn Raises $160M With ‘Big Four’ Bank Backing

Australian fintech unicorn and RippleNet member, Airwallex, raised $160 million in a fundraising round led by the investment arms of Australian ‘big four’ bank, ANZ, and San Francisco-based cloud software company, Salesforce.Existing investors Tencent, Sequoia Capital China, DST Global, and Horizons Ventures also participated in the round — bringing

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Blockchain Scam Raises Money by Pretending to Be Associated With the Olympics

The Chinese Olympic Committee announced on April 8 that it’s repeatedly received complaints about illegal marketing pertaining to the upcoming Olympic Games.People claiming to be part of the so-called “World Olympic Sports Foundation” say they’re using blockchain technology to help people invest in special products and other commercial developments

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SettleMint – Belgian blockchain startup raises USD $2.09 Million for Expansion

Sharing is caring!US-based investor Medici Ventures and Dutch KPN Ventures has participated in the €1.9M (USD $2.09 million) investment round of SettleMint, a Belgium based Blockchain Platform as a Service company that has built a low code and infrastructure agnostic blockchain platform solving the major challenges of enterprise-grade blockchain use

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