Investments

Y Combinator’s New China Chief Is Bullish on Blockchain

22 hours ago admin2 0
Y Combinator (YC) has just announced a new China division and its chief believes blockchain will bring long-term advantages to startups, according to a report The Silicon Valley-based seed investment firm, which has incubated notable startups including Reddit, Dropbox and crypto exchange Coinbase, officially announced its entry into the Chinese market in a blog post Read More

Reality Shares Will Join Increasingly Crowded Bitcoin Hedge Fund Arena, Says Source

22 hours ago admin2 0
California-based asset manager Reality Shares has become the latest competitor in the Bitcoin hedge fund space, an anonymous source told Business Insider August 15. Reality Shares, which became known in the cryptocurrency space this year after launching the first Chinese blockchain ETF in June, has reportedly already attracted $25 million for the fund. Capped at Read More

Goldman Sachs, JPMorgan Invest in Axoni’s $32 Million Funding Round

2 days ago admin2 0
Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs and Nyca Partners. Also participating in the round were Andreessen Horowitz, Citi, JP Morgan, Wells Fargo, Y Combinator and Digital Currency Group, among others. The round raises Axoni’s total venture capital funding to over $55 million to date, Read More

In Rare Decision, ICO Founders Will Delay Crypto Paydays – For a Decade

3 days ago admin2 0
In an industry that’s become synonymous with fast cash, patience can be a rare commodity. That makes a little-discussed announcement last week by the Nebulas project, powered by the top 100 cryptocurrency NAS, all the more remarkable. The team behind the protocol, today valued at $64 million, will now voluntarily wait a decade before they Read More

Fed Up and Forking: Rival EOS Blockchains Are Becoming a Reality

4 days ago admin2 0
It can be hard to keep track of all the struggles and controversies surrounding EOS. First came the stop-and-go launch, followed by controversy over locked accounts – then more locked accounts, this time on the orders of an “arbitrator” that many in the community hadn’t realized existed. Next came a fake order purporting to be from Read More

Crypto Trading 101: How to Read an Exchange Order Book

5 days ago admin2 0
It takes two to tango in the world of crypto trading, where a dynamic relationship between buyers and sellers is always on display in something called an order book. A tool that visualizes a real-time list of outstanding orders for a particular asset, order books represent the interests of buyers and sellers, offering a window into Read More

Overstock’s tZERO Closes Its Security Token Offering Tonight

1 week ago admin2 0
tZERO, a blockchain subsidiary of e-commerce retail giant Overstock, announced today Aug. 6 that its Security Token Offering (STO) will comes to an end Monday night, with no further extensions. tZERO said that its STO will close at 11:59 PM EDT, whereas investors with fully executed Simple Agreements of Future Equity (SAFEs) have to remit Read More

Handshake Revealed: VCs Back Plan to Give Away $100 Million in Crypto

2 weeks ago admin2 0
A long-secret cryptocurrency project whose investor deck once touted Burning Man as central to its anti-capitalist ethos has finally arrived. Released Thursday, Handshake, backed by top venture capitalists and some of the most well-known blockchain developers, has raised $10.2 million for an attempt to replace the digital entities that today authenticate web payments, in the Read More

First Crypto Firm IPO on London Stock Exchange Raises $32.5 Million

2 weeks ago admin2 0
A crypto mining company has raised £25 million (about $32.5 million) through an IPO on the London Stock Exchange (LSE). U.K.-based Argo Mining (ticker: ARB), which provides “accessible” crypto mining via a subscription service, is the first crypto company to be listed on the LSE. The company raised £5 million (about $6.5 million) more than its initial Read More