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Blockchain Life 2019  •  

# investment News

Venture Capitals, technology firms and financial institutions are actively investing in blockchain technology startups building infrastructure for the cryptocurrency industry, though they are still wary of bitcoin and altcoins due to their volatile nature, according to a Reuters report on April 18, 2019. $850 Million Poured Indirectly into the Cryptospace...
Leading blockchain analysis company, Chainalysis, has managed to secure $6 million in funding from Japanese financial services giant Mitsubishi UFJ Financial Group and venture capital firm Sozo Ventures. This according to a report by Reuters, April 16, 2019. Expansion Into Asia New York-based Chainalysis hopes that the raised funds will...
Following underwhelming profits for 2018 and the laying off of staff, ConsenSys is seeking an investment of $200 million and a valuation of $1 billion, reported on April 15, 2019. New Backers In late 2018 and early 2019, many blockchain and crypto firms were forced to lay off some of...
April 12, 2019 by at Business, Exchange, Finance, News
South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018...
San Francisco-based venture capital firm Accomplice announced on April 9, 2019, that it would lead the O(1) Labs Series A fundraiser. Notably, O(1) Labs is the firm behind the highly-acclaimed blockchain protocol called Coda. Accomplice to Lead O(1) Labs Series A Fundraise The general sentiment among investors, both retail and...
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