Cryptocurrency Analysis and News Portal
Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries.The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates in the region, Singaporean United Overseas Bank (UOB) and South Korea’s Hanwha Investment & Securities, Business Insider Malaysia
Read More
One of the world’s largest exchange-traded fund (ETF) providers is leading a $17.65 million investment in blockchain compliance startup Securrency.WisdomTree was the lead investor in the $17.65 million Series A funding round announced Tuesday. Other investors include the state-backed Abu Dhabi Investment Office (ADIO), Japanese financial services giant Monex Group
Read More
As a Bitcoin exchange-traded fund (ETF) continue to elude U.S. markets, one startup has secured $17 million that seem earmarked to bring blockchain tech to ETFs.WisdomTree announced investment in a startup called Securrency Inc., one of the top institutional-grade blockchain builders in the financial and regulatory space, per a
Read More
Blockchain of Things Inc. (BCOT), a crypto startup that provides enterprise software to organizations, was charged for introducing an initial coin offering (ICO) despite not being registered. The firm has been making efforts to settle on an agreement with the U.S. Securities and Exchange Commission (SEC) as the company will
Read More
New York-based digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young (EY).Fireblocks, which provides an institutional-grade platform for secure transfer of blockchain-based digital assets, received the Service Organization Control (SOC) 2 Type II certification performed by EY,
Read More
Liquidity provider GSR is introducing derivative products to help crypto mining companies hedge their risks against price volatility after partnering with Interhash, a mining services startup backed by Canaan Creative. The companies announced on Friday that a new set of derivatives contracts, including swaps, would help miners manage their risks when
Read More
After the first round of a Series A funding, the San Francisco based blockchain firm Alchemy has announced that it has raised additional $15 million.The startup was founded by two computer science students, Nikil Viswanathan and Joe Lau, who were classmates at Stanford. Together, they also created a social mobile
Read More
Blockchain infrastructure startup Alchemy has garnered investments from multiple notable mainstream entities, including Stanford University, as well as leaders from other top businesses.Alchemy, a startup focused on providing blockchain infrastructure, as well as other tools for developers, has amassed $15 million in contributions from influential mainstream business leaders, such
Read More
Nevertheless, the Conflux Incubation Center aims to invite developers and entrepreneurs to build decentralized applications (dapps) on the public permissionless blockchain developed by the firm. Like bitcoin and ethereum, that blockchain is public, so anyone can participate, and it uses a similar proof-of-work mechanism to reach consensus on the state of
Read More
Bottle Pay, a cryptocurrency payment service startup, announced on December 13th that it will be ceasing its operations from the 31st of December onwards, in a blog post.The company explains that the reason for deciding to end all activities of the company by stating that since it is a UK-based
Read More