Thursday, February 20, 2020
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Goldman Sachs Leads $32 Million Funding Round for Enterprise Blockchain Startup Axoni

Enterprise-focused blockchain startup Axoni has raised $32 million in a funding round led by Goldman Sachs and other high-profile banks and venture capital investors, Forbes reports August 14. The $32 million Series B funding round was led by Goldman Sachs and Nyca Partners, with numerous other investors including Wells Fargo,

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Hong Kong-based GSR Capital To Invest $270 Million In Blockchain Startup tZero

Hong Kong-based private equity firm GSR Capital recently announced that it will invest $270 million in a blockchain-based startup of Overstock.com (NASDAQ:OSTK) . A press release published by the American internet retailer confirmed that GSR Capital is planning to add around $30 million to its initial amount of investment

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Former Visa CEO’s Startup Runs the Fastest Crypto Transactions in the World

Blockchain-based fintech startup Crypterium challenges classic banks by introducing a new feature that allows its users to transfer any amount of cryptocurrency using not the complicated wallet addresses, but simply the recipient phone number. Those transfers happen simultaneously, and the company claims it can process up to a million transactions

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Blockchain Startup Enables Litecoin Transactions via Telegram Messenger

Litecoin (LTC) transactions are now available via encrypted messenger app Telegram, Litecoin founder Charlie Lee tweeted today, Aug. 9. A bear market is the best time for people to work on adoption.Check out https://t.co/Ua8LQz9f4h. Send and recieve LTC on telegram. Eventually, it will support SMS also. Great work @ztxrepublic

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Australian State Government Invests in Crypto Startup to Promote Regional Tourism

The state government of the Australian province of Queensland will issue a grant to a crypto startup as part of over $8.3 million of innovation funding, according to an official announcement published August 1. According to the government statement, the TravelbyBit digital currency payments platform for the travel and tourism

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Draper Dragon Backs $20 Million Raise for Alibaba Vets’ Blockchain Startup

A public blockchain project founded by the former head of Alibaba's blockchain team has raised over $20 million from institutional investors in a combined token and equity sale. Called Ultrain, the startup announced Monday that leading investors in the round included token funds, such as Draper Dragon, FBG Capital, DanHua VC and Arrington

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Hong Kong Startup Criticized for Selling Majority Stake to Invest in Cryptocurrency

Hong Kong’s fifth-largest bike sharing startup has sold 60 percent of its stake to invest in the cryptocurrency market, or two ERC20 tokens to be exact. $1 Million in Tokens Ketch’up Bike, a top five bike sharing company in Hong Kong that oversees more than 1,000 bicycles, has sold a majority stake

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