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TikTok Has 1st Viral Bitcoin Video as Owner Launches DLT Venture

Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture.Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a house apparently equipped with dozens of cryptocurrency mining hardware units. The video displays a

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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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Canada’s Blockchain Venture Capital Introduces the CUSD Stablecoin

Blockchain Venture Capital Inc. (BVCI), one of Canada’s biggest blockchain enterprises, expressed profound joy as it announced the addition of a new virtual currency to its increasing list: the stablecoin CUSD.The blockchain-oriented firm is known for driving industry changes in the sector. And barely four months after the launch of

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Venture Capital Firm Andreessen Horowitz Presents Free Crypto Startup School

Andreessen Horowitz, the Silicon Valley-based venture capital firm with $10 billion assets under management, announced the a16z Crypto Startup School, a free seven-week blockchain and crypto learning program. The program will start next year in February.In the announcement, Andreessen Horowitz said that interested individuals will hear from leading technologists and

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Venture Capitalist Icon Tim Draper to India: Grow Your Economy with Blockchain & Crypto

The famed entrepreneur and venture capitalist magnate Tim Draper went candid on India’s government in a recent event, dishing out a few foolproof tips to help grow the Indian economy with blockchain and crypto.The pro-crypto Draper acknowledged the incredible potential India’s economy hold and gave kudos to Prime Minister Modi

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SBI’s Crypto-Focused Venture Capital Arm Sees Major Turnaround On Year

SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the year.Japanese financial services giant SBI Holdings released its new financial report on Oct. 30. The report analyzed

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Algorand’s Venture Arm Loses up to $2M in Hot Wallet Breach: Report

Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised.The breach allowed hackers to gain access to Yabo-managed Algo hot wallet, a source familiar with the

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