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Hyundai’s Blockchain Arm Hdac Invest $10 Million to Launch Mainnet
7.10.2019
Hdac, the cryptocurrency & blockchain arm of the business empire Hyundai, has announced that it will launch its mainnet in the first quarter of 2020. It will invest $10 million to launch the mainnet, develop decentralized apps (dapps), funding to promising start-ups, and create an ecosystem...
Polychain, Bitmain Back $10.7 Million SAFT for Encryption Startup NuCypher
7.10.2019
NuCypher has raised $10.7 million in a SAFT with Polychain, Bitmain and others. It's also launched the testnet for its suite of encryption services
Turkish Government Freezes Over 3 Million Bank Accounts
5.10.2019
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...
Cosimo Ventures Invests $5 million in Oneiro
4.10.2019
The Boston based blockchain solution Company, Oneiro has announced in a press release on 3rd October, that it had secured an investment worth $5 million from Cosimo Ventures. Cosimo Ventures is an investment firm associated with cryptocurrencies, the Internet of Things (IoT), and blockchain-like...
John McAfee Stands By His 1 Million Dollar BTC Price Prediction
4.10.2019
It’s nothing new for Bitcoin price prediction to create a stir, especially when it comes from a veteran crypto proponent like John McAfee, who is also the founder of McAfee Associates, one among the leading software security firms. He had predicted in the year 2017 that the number...
Verisart Acquires $2.5 Million Through Series Seed Funding Led by Galaxy Digital Eos VC Fund
4.10.2019
Verisart, the firm that certifies arts and collectibles through blockchain technology, has raised a whopping sum of $2.5 million in seed financing. The financing process was led by Galaxy Digital EOS VC Fund, along with a substantial investment from existing investors, including Sinai Ventures...
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
4.10.2019
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...
Blockchain Firm Secures $5 Million From Investment Company Cosimo
4.10.2019
Oneiro, a blockchain solution company, secures $5 million investment from Cosimo Ventures
Pantera Leads $5 Million Round for Decentralized Derivatives Market
2.10.2019
A protocol built to put financial middlemen out of business has secured a $5 million seed round from Pantera, Ripple's Xpring, Hashed and others
Innosilicon’s Bitcoin Mining Farm Catches Fire Leading to Loss of Nearly $10 Million
2.10.2019
The early morning hours of September 30, 2019, shocked the crypto world to the core with the outbreak of the devastating news of a major fire breakout. A nine-minute long video circulated on Twitter by bitcoin miner, Marshall Long showed the burning down of a large bitcoin farm in China....
Shots Fired as Nancy Pelosi Challenger Bacelar Funds Campaign With Crypto
2.10.2019
27-year-old Agatha Bacelar is a Brazilian-American immigrant from a STEM background, and she’s targeting Speaker of the House Nancy Pelosi’s seat in the California Congress (CA-12) in the next election cycle. Her campaign is seeking to raise $1 million in crypto (BTC, BCH, ETH, LTC...
Spencer Dinwiddie Restrained by NBA to Tokenize $34 Million Contract on Ethereum
1.10.2019
The National Basketball Association or NBA, like it is popularly known by its fans, has informed Spencer Dinwiddie, the Brooklyn Nets’ player, that he cannot tokenize his $34.4 million contracts. On September 27, 2019, The New York Times reported that the NBA’s action has put Spencer’s plan to...
InstaDApp DeFi Site Raises $2.4 Million From Prominent Crypto Investors
1.10.2019
The fourth-largest dapp in DeFi, InstaDApp, is now backed by Naval Ravikant, Balaji Srinivasan, Coinbase Ventures and others
Video Shows $10M Chinese Bitcoin Mining Farm in Flames
1.10.2019
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...
Ethereum Scaling Project SKALE Raises $17.1 Million for Mainnet Launch
1.10.2019
Multicoin Capital, ConsenSys Labs, Hashed and others are providing fresh funding for the mainnet launch of ethereum's SKALE Network
Stripe-Backed Payments Firm Raises $100 Million to Compete Against Stablecoins
1.10.2019
Rapyd raised $100 million in a Series C funding round to face off against the arrival of stablecoins
Longfin Must Pay $6.8 Million After Court Backs SEC Fraud Complaint
1.10.2019
A New York court has backed charges brought by the SEC that the fintech firm committed fraud relating to its public offering and Nasdaq listing
Crypto Escrow Firm Chief Charged Over Alleged $7 Million Fraud
1.10.2019
A man faces charges by the U.S. Attorney's Office and the CFTC over claims he took money for bulk bitcoin orders that were never delivered
Trading Volume for Bakkt’s Bitcoin Futures Hit Just $5 Million in First Week
1.10.2019
Just 623 bitcoin futures contracts were traded during Bakkt's debut week
SEC Reaches $24 Million Settlement With EOS Parent Firm Block.one
1.10.2019
The U.S. SEC has settled with EOS creator Block.one in the form of a civil monetary penalty of $24 million