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More China’s top fintech, e-commerce startups are investing in blockchain

Despite the prolonged U.S.-China trade tensions and Covid-19’s ravaging effects on the economy, China’s tech sector continues to grow, thanks to the nation’s push for tech self-reliance. As a result, China’s tech sector currently has an R&D war chest totaling US$616 billion ⁠— and with that, continued investments in blockchain

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Innovation Grant Worth $15 Million to Encourage Asian Blockchain Startups

Building Cities Beyond (BCB) Blockchain, a Singapore based tech solution company for smart cities, has launched an innovation grant, worth $15 million, to encourage development on its ecosystem, according to Fintech News Singapore.This innovation grant comes as the company announced partnerships with leading accelerators in Asia to incubate selected projects.Targeting

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US Homeland Security’s Tech Scouts Reissue Call for Blockchain Startups

The U.S. Department of Homeland Security’s (DHS) startup booster, the Silicon Valley Innovation Program (SVIP), renewed its hunt for interoperable, blockchain-based anti-counterfeiting projects at a virtual Industry Day on Tuesday. SVIP officials offered startups a fresh batch of use cases – an alternative to Social Security numbers; e-commerce, food and natural

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Silicon Valley Startups’ Funding Troubles Poses Unique Threat to the Crypto Industry

A report from law firm Fenwick & West LLP reveals venture capitalists have tightened spending in light of the economic crisis, spelling trouble for crypto startups looking for investment money.Not only that, but the findings of the report also show deflation in company valuations when compared to pre-pandemic times.Indeed, in

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New Venture Studio Offers $100K Funding to Algorand DApp Startups

Blockchain investment company Eterna and venture capital fund Borderless Capital have teamed up to launch Eterna Borderless Venture Studio, to support projects on the Algorand platform. The aim is to drive adoption and growth by providing tools and resources to decentralized app — or DApp — developers and entrepreneurs. Startups

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Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed

The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a cannabis-themed massively multiplayer online game and create a reverse auction platform for loans.CryptoX spoke

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