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UK Cryptocurrency Firms Turn to Equity Funding as ICO Coffers Plunge 70%
2.5.2020
UK cryptocurrency and blockchain startups are turning focus back to conventional means of raising capital, as initial coin offering (ICO) coffers dry up. According to a new report, initial coin offering (ICO) funding last year plunged 71% to £200 million ($250 million) from £700 million...
Study Shows UK Blockchain Companies Are Shifting Back To Traditional Funding Strategies
2.5.2020
A study by MMC Ventures unveiled the return to the dynamics of traditional capital funding by blockchain companies
Porsche Backs Blockchain Platform for Vehicle Management in $6M Funding Round
30.4.2020
Berlin-based startup Gapless has raised nearly $6 million for the development of its blockchain app for vehicle management
Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos
29.4.2020
Taurus Group is looking to expand its operations after securing Series A funding led by Arab Bank Switzerland
Crypto Data Provider Skew Raises $5M, Launches Trade Execution Platform
29.4.2020
The $5 million round, led by Octopus Ventures, adds to a $2 million seed round raised in September of last year
Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
28.4.2020
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of...
Crypto Trading App Robinhood Reportedly Seeks $250M After March Outages
20.4.2020
After major system outages in March, Robinhood is reportedly raising $250 million from investors like Sequoia Capital
5 Bitcoin Cash Full Node Teams to Raise Funds With the Noncustodial Flipstarter App
18.4.2020
The creators of the noncustodial funding application, Flipstarter have recently announced there are now five fundraiser campaigns live on the platform for a number of Bitcoin Cash full node projects. The projects full node fundraisers currently hosted on Flipstarter include the Bitcoin Cash Node...
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
New Venture Studio Offers $100K Funding to Algorand DApp Startups
16.4.2020
Eterna and Borderless Capital have launched a venture studio to accelerate DApp development on the Algorand network
Morgan Creek Invests in Startup Bringing Bitcoin to DeFI
15.4.2020
Anthony Pompliano's investment firm has joined a seed round for Atomic Loans, a startup looking to create bitcoin-backed lending instruments
ECB Expects Worse Recession in Europe Than Global Economy
14.4.2020
The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...
Academic Research Into Crypto Picks Up, But Universities Remain Hesitant to Fund
11.4.2020
Academic research into blockchain is picking up despite lag in institutional funding and reluctant scientific journals
Factom’s Two Employees Press On Despite Lead Investor’s Call to Liquidate
10.4.2020
Factom, Inc. cut 80 percent of its 10-person staff. “The protocol is going to run whether Factom, Inc. continues or not,” said COO Jay Smith
The New Land of Crypto Fundraising Is in Asia and Europe, Says PwC
6.4.2020
The funds involved in crypto fundraises and acquisitions in 2019 decreased sharply bringing the EMEA and APAC regions to the forefront of the industry
Factom Facing Liquidation After Creditor Refuses Request for Funding
6.4.2020
In an April 2 letter to investors, FastForward Director Ed McDermott stated blockchain company Factom would go into receivership
Factom Faces Liquidation After Investors Refuse Request for More Funding
2.4.2020
The blockchain firm's biggest investor, FastForward, is now its receiver
Libra Rival Celo Announces $700,000 in Grant Funding for 13 Startups
31.3.2020
Celo has awarded $700,000 in grants to 13 companies seeking to build on top of or develop the platform or foster the Celo community
More New Bitcoin Dev Funds Needed, Key Funding Players Revealed - Study
30.3.2020
The outlook for Bitcoin (BTC) development is generally positive, and although funding and training incentives “could improve,” funding is “far more distributed than it has been in the past,” per a new report.
The report, compiled by BitMEX, confirmed many of the findings of Cryptonews.com’s...
Coinbase, Fidelity and More Back Coin Metrics in $6M Series A Funding Round
26.3.2020
The cryptocurrency data provider will use the new funding to expand its team and improve product offerings