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Canadian Venture Capital Firm Secured $320 Million to Invest in Fintech Startups

Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally.On Dec. 3, TechCrunch reported that the VC company received final commitments from institutional and strategic investors totaling $320 million. The funds will allow the company

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Dutch Crypto Startups Brawl With Regulators Over Scope of EU Money Laundering Rule

Banking compliance consultant Simon Lelieveldt, who has worked for the DNB and as a Dutch financial historian, said the two entities are trying to be proactive and not repeat past mistakes. Regulators are under pressure from critics who say lax oversight, particularly concerning the Netherlands largest bank, ING, led to

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ConsenSys Supports 7 More Ethereum Startups With $175K Grant

Ethereum venture production studio ConsenSys has selected seven new Ethereum-based projects to support with $175,000 of funding.ConsenSys recognizes “more unique ideas”Speaking to crypto industry media outlet CoinDesk on Oct. 10, the company’s head of experiential marketing Yadira Blocker confirmed the latest round of startups to receive cash.ConsenSys has been

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European Commission Releases New Support Paper on Blockchain – Further Funding for Startups Encouraged

The Joint Research Centre at the European Commission has just published a new Blockchain tome (128 pages) called ‘Blockchain Now And Tomorrow – Assessing Multidimensional Impacts Of Distributed Ledger Technologies’  in order to help Brussels politicians with the European policymaking process when it comes down to Blockchain. The EC has

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Coinbase, Ripple Leave Top 10 of LinkedIn’s ‘Hottest’ Startups List

Cryptocurrency exchange Coinbase and Ripple, the blockchain startup behind XRP, have fallen out of the top 10 of this year’s business and employment-oriented service Linkedln’s “The 50 hottest U.S. companies to work for” list.According to the new LinkedIn’s list published on Sept. 4, Ripple moved to the 28th place

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Silvergate Bank Extends Loans to Crypto-Based Startups and Firms

Another step forward for the crypto industry. Silvergate Bank is turning up the heat in its latest initial public offering (IPO) update, aimed at scaling the crypto sphere by providing funding to crypto firms – both startups and established companies.Struggling crypto companies or startups that are looking to expand their

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Fidelity, Deloitte and Amazon Now Support Workshops for DLT Startups

Major global firms Fidelity, Deloitte and Amazon, have begun supporting a new blockchain accelerator program called Startup Studio, according to a press release on July 11.The companies are backing the program along with 20 other firms, including Ethereum Foundation and ETH Global, Stellar Foundation, crypto analytics firm Messari, and

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