#investment

Nomics Cryptocurrency Data Platform Raises $3 Million from CoVenture and Others

December 19, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Ethereum, Finance, Investment, News

Nomics, a platform focused on displaying highly accurate cryptocurrency market data, including charts, prices and more, has raised $3 million from investors like CoVenture, CityBlock, Coinbase Ventures, and others, to further develop its platform, according to a press release on December 18, 2018. Nomics Moving Forward Per sources close to...

Bear-Resistant: Blockstack Reaches “Milestone 1,” Unlocks $25 Million

December 14, 2018 by Liam J Kelly at Altcoins, Blockchain, Business, News, Platform, Tech

Despite red water market conditions, Blockstack announced on December 13, 2018, that they had “unlocked” $25 million in resources to continue their blockchain development. In a company blog post, co-founder Muneeb Ali described the necessity of an advisory board, reviewed the firm’s milestones, and explained how the newly released funds...

Bitcoin, Ether, and XRP Weekly Market Update December 23, 2019

Bitcoin, Ether, and XRP Weekly Market Update: December 13, 2018

December 13, 2018 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Finance, News

The crypto industry lost another $15 billion of its market cap during the last seven days as the top three currencies continue their steep decline. BTC-USD Bitcoin erased approximately 6.4 percent of its value on December 6 and closed the day at $3,528. This was the second consecutive drop of...

Bitcoi running along at speed charts going up and down

Blockchain Startup Algorand Gets a Dedicated $100 Million Venture Fund

December 13, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, News, Platform, Tech

Algo Capital, a blockchain venture capital group, is launching a $100 million fund to invest and manage significant capital in emerging companies building on the Algorand decentralized platform, the company announced in a press release on December 11, 2018. Algo Capital Plans On Supporting New Companies One of the largest...

The Crypto Community's Obsession with Bitcoin and Altcoin ETFs

Bitcoin Options Purchased For $1 Million Will Soon Become Obsolete

December 10, 2018 by Cindy Huynh at Bitcoin, Business, Finance, News, Platform, Tech

Last year in December 2017, just a few days after Bitcoin hit its peak, Ari Paul, a cryptocurrency fund manager at BlockTower Capital purchased Bitcoin Options with a strike price of $50,000 for almost $1 million on the Ledger X’s Trading platform. According to Crain’s Chicago Business’ article published on...

Overstock’s Medici Ventures Acquires Ten Percent Stake in GrainChain for $2.5 Million

December 7, 2018 by Rahul Nambiampurath at Business, Finance, Investment, News, Regulation

Overstock subsidiary Medici Ventures has purchased a $2.5 million equity in GrainChain, a blockchain-based payment solution for farms. According to a press release issued December 4, 2018, the sale has granted Medici Ventures ten percent ownership in the company, and the option to double that in the future with a...

Bitcoin, Ether, and XRP Weekly Market Update: December 6, 2018

December 6, 2018 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Finance, Investment, News

During the last seven days, the total crypto market cap lost another $14 billion of its value. Bitcoin managed to avoid dropping below the $3,800 level but could not reverse the overall bear market trend. BTC-USD Bitcoin closed above the previous support at $4,300 (at $4,320) on November 29, 2018,...

SEC Believes International Cooperation Is Vital In Pursuing Illegal And Fraudulent ICOs

December 6, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Ethereum, News, Platform, Tech

Steven Peikin, the co-director of the SEC’s Division of Enforcement gave a speech at the Harvard Law School’s Program on the importance of international cooperation in pursuing fraudulent ICOs on December 3, 2018. Peikin highlighted the need for global assistance when it comes to fighting fraud in the ICO and...

Researchers Vow to Build a Better Blockchain Network Immune from Scalability Issues

December 6, 2018 by Priyeshu Garg at Blockchain, Business, Development, Finance, Investment, News

A group of researchers and university professors have teamed up to resolve one of the most painstaking issues preventing Bitcoin’s underlying technology to emerge a handy, real-world ledger: scalability. The team, which includes a Turing award winner, is off to a good start already after scoring $35 million in funding...

Blockchain Block Behind Glass Casing Titled Trive

Trive Ventures Launches Government-Backed Blockchain Accelerator in Singapore

December 5, 2018 by Priyeshu Garg at Blockchain, Business, Investment, News

Trive Ventures, a Southeast Asia-focused venture capital firm, is launching Tribe Accelerator, a government-backed blockchain accelerator focused on product development in Singapore, Tech in Asia reported on December 4, 2018. Singapore's Lead Government Agency Backs Trive Venture's New Project It seems that Singapore has yet again proven that it's one...

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