UK FCA gives crypto startups a hindering hand
The United Kingdom is shutting the door for digital asset firms: Crypto startups are no longer welcome to the country. Go to Source Powered by WPeMatico
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Million-dollar startup taps Algorand to fight climate change
Climatetrade will launch its marketplace for carbon offsetting on the Algorand blockchain. Go to Source Powered by WPeMatico
The cryptocurrency sector is overflowing with dead projects
Blockchain technology is just a tool that solves a problem, it cannot be the goal of the entire project. Go to Source Powered by WPeMatico
Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections. The state of the cryptocurrency industry … Read more
Tim Draper’s Venture Studio to Triple-Down on Blockchain Projects With a $25M Fund
At the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement the money will be used for promising blockchain and fintech startups in Series A and seed investments. On October 6, 2020, the Los Angeles-based venture … Read more
Binance’s US arm joins Chicago DeFi alliance
Binance’s interest in DeFi expands globally. Go to Source Powered by WPeMatico
Ethereum Foundation announces $3.8M in new grants
The funds will go to 28 companies working on the Ethereum blockchain. Go to Source Powered by WPeMatico
Payment giants drive crypto adoption by engaging with startups
Companies like Visa and Mastercard are taking an interest in crypto startups to drive growth, but does this challenge the fundamentals of crypto? Go to Source Powered by WPeMatico
More Than 10,000 New Blockchain Companies Established in China in 2020
LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. Go to Source Powered by WPeMatico
South Korean Giant Hanwha Invests $3M in Crypto Disclosure Startup
Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group. Go to Source Powered by WPeMatico
