Changes in Crypto M&As Signal More Consolidation Ahead as Industry Matures
As institutional investors are leaving, the crypto industry is becoming more consolidated. So, what exactly does it mean? Go to Source Powered by WPeMatico
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Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus
Cryptocurrencies are emerging as a solution for charitable organizations that seek to raise more funds amid the global coronavirus crisis Go to Source Powered by WPeMatico
Crypto Fundraising Is Changing Again in 2020
Funding is a prerequisite for any new crypto project, but with IEOs likely to play a reduced role in 2020, where will the all-important capital come from? While minted entities like Ripple, Tezos, and Tron certainly have the means to plow tens of millions into their chosen ventures, they can’t be expected to finance an … Read more
BitOrb Exchange Raises $6.4 Million
The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was led by the W-Rex Algo Trading Platform a product of the Wota Group.Additionally, the Wota Group will act as a strategic partner and help the BitOrb Exchange grow its network of traders, user acquisition and advise on … Read more
Bank of Lithuania Issues Guidelines on Security Token Offerings
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Guidelines Aiming to Avoid More … Read more
Blockchain Projects Bloom as Crypto Spring Fuels a Fundraising Boom
As crypto winter subsides, spring has sprung in the cryptosphere, ushering in green shoots of growth across the board. Attention has largely focused on the increase in digital asset prices, as cryptocurrencies have swelled by an average of 40% in 2019. But away from the frothy market action, there is far more tangible evidence that … Read more
Crypto Charity Airdrop Venezuela Raises $292K – Mostly in BCH
According to the founder of Airdrop Venezuela, the charity that aims to donate US$1 million worth of cryptocurrencies to Venezuelans, the nonprofit has registered 60,000 beneficiaries and raised $292,000 in donations so far. Moreover, bitcoin cash (BCH) has led the pack as far as the most donations are concerned with roughly 670 BCH ($194,900) gifted … Read more
Electron Cash Developer Reveals In-Wallet BCH Fundraiser Prototype
On Monday, Oct. 8, Jonald Fyookball, the lead developer of the bitcoin cash-centric light wallet Electron Cash, revealed he has developed a crowdfunding module for the Electron Cash wallet. The feature allows anyone to raise funds from within the Electron Cash wallet through a process that uses the Bitcoin protocol’s Sighash flag. Also Read: Rapper Soulja … Read more
The Daily: Mycrypto Raises $4 million, Islamic Crypto Exchange Sets Foot in Malta
Wallet solution Mycrypto has raised $4 million to build a platform allowing users to create new wallets, the full details of which are in this edition of The Daily. Also, the wallet advertised by software guru John McAfee, Bitfi, is removing the ‘unhackable’ claim from its branding, an Islamic crypto exchange applies for a license … Read more
Regulations Round-Up: Tokenized Securities in Singapore, China Warns of Illegal Fundraising
In recent regulatory news, Chinese authorities have issued a warning seeking to encourage citizens to be skeptical regarding the promotional claims of illegal fundraising schemes operating with cryptocurrencies, Singapore Exchange and the Monetary Authority of Singapore have partnered with Anquan, Deloitte, and Nasdaq to settle tokenized securities using distributed ledger technology, and Hungary’s finance ministry … Read more