Tag: VC

According to Cryptofundresearch, cryptocurrency funds have been increasing since cryptocurrencies gained significant popularity in 2017. With Bitcoin’s rising prices and increased general awareness of the cryptocurrency industry, over 100 cryptocurrency funds emerged in 2017 alone. These cryptocurrency funds accounted for over 14 percent of the launch of new hedge funds. While this appears as a small number, it’s important to…

READ MORE

Even with the recent market downturn, a vast array of big whales are still interested in buying the dip. In the latest development, highly successful venture capital company Lightspeed Venture Partners, the solid rock behind Snap Inc., makers of the Snapchat messaging app, is now set to join the crypto bandwagon. Lightspeed Crypto Fever According to a Reuters report, Lightspeed…

READ MORE

500 Startups is currently looking for more blockchain-based projects focused on solving interoperability and privacy issues. Bonnie Cheung, the venture partner at the firm, believes that these are two key challenges preventing the mass adoption of blockchain technology. Speedy Infrastructure n April 2018, for their Seed Accelerator, they backed Metadium, a platform that provides the infrastructure for providers to develop…

READ MORE

Officials of the United States Securities and Exchange Commission (SEC) and that of the Commodity Futures Trading Commission (CFTC) have pledged to collaborate more in the fight against bad actors in the U.S cryptocurrency, blockchain ecosystem and the nation’s finance sector. The Need for Collaboration Unlike most nations that have only one regulatory agency that oversees all issues about the…

READ MORE

Blockchain technology and cryptocurrencies are indeed revolutionizing the world and have already endowed many fortunes. UK-based digital banking alternative, Revolut, is one such startup reaping the dividends of cryptos as it’s now valued at a whopping $1.7 billion thanks to its digital currency integration. A Forward-Thinking Crypto Maneuver In December 2017, Revolut began offering cryptocurrency services to its clients, making…

READ MORE

Mainstream European venture capitalists (VC) are making inroads into the digital currency scene. Some of the largest venture capital firms on the continent are making big moves in the crypto market, buying up new cryptocurreny and investing in ICOs. Many of these firms are also asking their investors to allow them more room to maneuver with the funds at their…

READ MORE