Tether USDT sees rapid $580 million growth on Telegram-linked TON blockchain

Tether’s USDT supply is growing at its fastest rate on the Telegram-linked The Open Network (TON) blockchain. According to Tether’s transparency page, the stablecoin issuer has issued $580 million worth of USDT tokens on the blockchain, and its net circulation sits at $519 million as of press time.

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Blockchain app development platform Reach raises $12 million

CryptoNinjas » Blockchain app development platform Reach raises $12 million Reach, a development tool platform for building and launching decentralized applications (DApps) using a JavaScript-like language on high-performance blockchain networks, announced today the company has raised $12 million in funding at a $48 million valuation.

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Blockchain.com Raises $100 Million from Tesla Early Investor Baillie Gifford

Legendary money manager with 110-year long history has put $100 million into a leading blockchain wallet

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VCs Including Google Ventures Invest $120 Million in Blockchain.com

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Blockchain compliance and AML network Coinfirm raises $4 million

Coinfirm, a financial technology company that provides proprietary algorithms and big data analysis solutions for blockchain and cryptocurrency companies, today announced it has raised more than $4 million in an institutional funding round led by Bird Capital.

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PeerNova Validates Shift to Enterprise Blockchain With $31 Million Funding

Blockchain startup PeerNova has received $31 million through a Series B round, bringing the company’s total fundraising to $74 million.

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Upbit Exchange Operator Plies $46 Million Into Blockchain in First Year of Investment

South Korea’s Upbit exchange operator has so far stumped up blockchain funding worth $46 million

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ICO Promoter of Vanbex Faces Police Probe in Light of Massive $22 Million Blockchain Scandal

As part of their latest investigative efforts, Canadian law enforcement authorities have frozen the assets owned by the founders of blockchain services company Vanbex. These efforts are in line with the probes that have been carried out by the government agency since 2017— when the aforementioned firm was able to raise a whopping $22 million […]

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Blockchain Insurance Consortium B3i Quietly Raises $16 Million

B3i, a blockchain startup owned by some of the world's top insurance firms, raised $16 million last month, Swiss records show.

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Blockchain Intelligence Firm Chainalysis Raises $30 Million From Accel, Others

U.S.-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B round led by Accel

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Blockchain Predictions Market Stox and Founder Sued for $4.6 Million

Israeli blockchain prediction market Stox and its founder Moshe Hogeg are reportedly being sued for $4.6 million over alleged fraud.

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Blockchain Supply Chain Platform Nets $16 Million in Series A Investment

Chronicled gets $16 million in Series A round to build blockchain supply chain platform

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Ohio Accelerators to Pump Over $100 Million into Blockchain Startups

Two startup accelerators in the U.S. state of Ohio are reportedly to invest more than $100 million into blockchain firms, and more may follow.

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Chain Base’s Nevula Casino Blockchain Crypto Token ICO Reaches Its $50 Million Soft Cap

Nevula, a blockchain based casino project, has hit its $50 million cap for its ICO that started on 11th November 2018. The project was launched by Chain Base Pte Ltd a Singaporean company specializing in blockchain.

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Samsung-backed startup AERGO secures $30 million for enterprise blockchain

CryptoNinjas AERGO, the strategic technology partner of Blocko, a Samsung Ventures funded startup, announced today it has secured $30 million in a venture funding round to allow businesses to share data through trustless blockchain networks.

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Chinese Bank Issues Securities Worth $66 Million on a Blockchain

One of the largest privately held commercial banks in China has completed the issuance of securities worth $66 million via blockchain.

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Why Goldman and JPMorgan Invested $32 Million in Blockchain Despite Bear Market

JPMorgan and Goldman Sachs, two of the biggest banks in the global finance sector, have led a $32 million Series B funding round for blockchain startup Axoni, to deploy blockchain-based solutions in the traditional finance industry.

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Squire Mining is Creating 10NM Bitcoin ASIC Mining Chips, Rigs & Data System

Squire Mining Will Develop and Sell Data Mining Infrastructure and System Technology The company Squire Mining Ltd. announced that it has closed a non-brokered private placement equity financing of $19 million dollars in order to fund developing manufacturing and selling data mining infrastructure and system technology.

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Cryptocurrency exit scams have conned people out of almost $100M

Almost $100 million in cryptocurrency has been stolen by exit scammers, as ICO tokens continue to plummet in value. Indeed, the figures suggest that ICO scams over the last two years total at least $96.

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Former Visa CEO’s Startup Runs the Fastest Crypto Transactions in the World

Blockchain-based fintech startup Crypterium challenges classic banks by introducing a new feature that allows its users to transfer any amount of cryptocurrency using not the complicated wallet addresses, but simply the recipient phone number.

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Americanbit ICO (AMERI Token): Crypto Social Network On Waves Blockchain?

What Is Americanbit? Americanbit is a peer-to-peer digital currency that operates on the Waves Platform blockchain. The currency was created without the possibility of creating more units. Americanbit (AMERI) token ID is B1vTbE9oAJrmdBcwwuybSDE1TmkZHCuFNNvNwiaMEPBP and 37 million units have so far been created.

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World Bank, Commonwealth Bank Team up on Blockchain Sustainable Development Project

The World Bank has chosen the Commonwealth Bank of Australia to help organize a new Ethereum blockchain bond denominated in Australian dollars. The bond is projected to raise between $50-$100 million, and proceeds will go towards sustainable development initiatives.

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Singapore VC Firm Launches $10 Million Fund for Cryptocurrency and Blockchain Startups

A Singapore-based venture capital firm, Golden Gate Ventures, made an announcement via Reuters on August 10, 2018, that the company is primed to establish a $10 million fund to invest in blockchain and cryptocurrency startups.

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Private Equity Firm GSR Capital Invests $270 Million in Blockchain Startup tZero

Hong-Kong private equity company GSR Capital is set to invest a whopping $270 million in Overstock’s blockchain based startup tZero. According to a press release published on August 9, 2018 Overstock also confirmed that GSR Capital would make an additional investment of about $30 million in tZero’s ICO, thus pushing the total amount being invested in the blockchain startup to.

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Bitcoin Magazine’s Week in Review: Getting Creative With Blockchain Solutions

This week’s top stories include two feature interview: one with Kavita Gupta, founding managing partner at ConsenSys Ventures; and another with electronic dance music DJ Justin Blau (aka DJ 3BLAU) who is launching a decentralized music festival.

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Global Digital Finance Capital (GDF) Launches with $100 Million USD Blockchain Investment Fund

The establishment of the Global Digital Finance Capital (GDF) has been announced sequel to the end of the Global Digital Finance Capital (GDF) Conference that was held in Suzhou, China. With a theme of “Digital Unbounded, Finance Unlimited”, the Conference was led by the top blockchain investment institutions – Fenbushi Capital, Davos Forum – WBF […]

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Singapore-Based Venture Capital Firm To Open The $10 Million LuneX Crypto Fund

While many seem to be slightly hesitant to invest solely into crypto assets, investors seem to be all over the idea of blockchain technology, especially venture capitalist firms, who see blockchain technology as one of the fastest growing spaces in a multi-trillion dollar market.

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Singapore VC Unveils New Blockchain, Cryptocurrency Fund

LuneX Ventures, a partnership between Singapore-based venture capital (VC) firm Golden Gate Ventures and its former head of growth Kenrick Drijkoningen, is looking to invest US$10 million into five to ten blockchain and cryptocurrency startups by the end of the year, the company said on Friday.

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tZERO Announces $270 Million Investment from GSR Capital

Touted as the world’s first security token exchange, tZERO is a blockchain subsidiary of retail giant Overstock. com. On Aug. 9, tZERO announced a $270 million investment from GSR Capital.

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Blockchain Music Platform Audius Raises $5.5 Million in First Round of Funding

Decentralized music sharing platform Audius has raised $5. 5 million in its Series A funding round. Audius seeks to be a musician-owned platform that will allow artists to publish their own work, interact with fans, and receive secure instant payments as consumers listen to their content.

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Despite Spending $160 Million a Year, IBM Blockchain is Still Lacking Adoption

While IBM has been cautious to back cryptocurrency projects, the New York-based technology giant has still been doing its best to make a successful foray into the blockchain space. But as some skeptics see it, IBM hasn’t done much to make a meaningful impact on this flowering industry.

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Singapore: Venture Capital Firm to Launch $10 Million Crypto, Blockchain Investment Fund

Golden Gate Ventures, a Singapore-based venture capital firm, is to launch a $10 million global fund for cryptocurrency and blockchain companies

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HK’s GSR Capital To Invest $374M in Overstock, $270M Goes to Blockchain Subsidiary tZERO

Hong Kong-based private equity firm GSR Capital will invest a total $374.55 million in e-commerce retailer Overstock, with $270 million to be allocated for its blockchain subsidiary tZERO.

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Singapore’s VC Firm Golden Gate Ventures Starts $10M Fund to Invest in Crypto Startups

Singapore-based VC firm Golden Gate Ventures is starting a $10 million fund to invest in crypto and blockchain companies around the world.

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Expanse Co-Founder Says Binance Wanted 400 Bitcoin (BTC) To List Token On Exchange

The biggest crypto exchange by global trade volume, Binance can charge 400 BTC ($2. 6 million) to list a token on its platform, at least according to Christopher Franko, co-founder of Blockchain platform Expanse.

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Overstock’s tZero Blockchain Security Token Offering Raises $134 Million

Overstock, a wildly popular company, is the parent company of tZero. It’s subsidiary recently held a security token offering and raised an impressive $134 million in the process. One of the primary investments in the venture was made by GSR Capital, a Hong Kong-based equity firm. When it comes to tZero’s token sale, CEO Patrick […]

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IBM And Maersk’s TradeLens Is Blockchain Gone Big

Yesterday tech giants IBM and logistics firm AP Moller-Maersk have announced the full development of their latest blockchain collaboration, TradeLens. With this, see’s a partnership of over 90 companies and organisations, working to improve the cross-border supply chain system through ensuring clarity, transparency and efficiency.

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Binance Wants $2.6M to List Your Token, Claims Expanse Co-Founder

Binance, the cryptocurrency exchange which often tops global trade volumes, can charge 400 BTC ($2. 6 million) to list a token on its platform. Binance Appears To Deny 400 BTC Claim That’s according to Christopher Franko, co-founder of Blockchain platform Expanse, after submitting a listing request to the exchange this month.

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EOS Pays Out Nearly Half a Million Dollars in Bug Bounties, Accounts for Over Two Thirds of All Bug Bounties This Year

New data shows that fifth-ranked cryptocurrency EOS has now paid out nearly half a million dollars in bug bounties since its mainnet launch in June, making up over two thirds of all bug bounties paid by blockchain companies so far this year.

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Overstock Blockchain Spin-Off Raises $134 Million – With $370 Million More Committed

Overstock.com subsidiary tZero raised $134 million in its security token offering, the company said Thursday.

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Overstock Blockchain Spin-Off Raises $134 Million – With Millions More Committed

Overstock.com subsidiary tZero raised $134 million in its security token offering, the company said Thursday.

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Blockchain Startups Have Raised $1.8 Billion This Year, Double All of 2017

Research by Outlier Ventures says blockchain start-ups have raised $1. 8 billion during the first and second quarter of 2018, twice the amount raised for all of 2017 at $900 million. . . . The post Blockchain Startups Have Raised $1.

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Blockchain Startup, Libra, Earns $15 Million in Series B Funding

New York-based blockchain startup, Libra, has raised $15 million from its recently concluded Series B funding round. The firm aims to provide full spectrum audit, tax, and fund administration services to cryptocurrency companies.

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Audius Blockchain Music Service Unveils $5.5m Financing

The Audius blockchain platform, which is seeking to decentralize music streaming, has secured $5.5 million in Series A funding.

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Blockchain for Music Startup Raises $5.5. Million in New Funding

Decentralized music-sharing protocol Audius successfully raised $5.5 million as part of its mission to hand back more control to artists.

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ICON Foundation Rebrands theloop and Announces ICX Repurchase Program

The ICON Foundation recently announced several updates to their project. In an August 7 Medium post, the team stated that theloop — the Foundation’s primary tech partner — will rebrand as ICONLOOP effective immediately.

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Bitcoin [BTC] mining company setting up blockchain data centre and mining facility in Texas

Bitmain, one of the biggest Bitcoin [BTC] mining and Application-Specific Integrated Circuit [ASIC] has announced that the company will be opening a blockchain data centre and a mining facility in Texas.

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Mainframe Blockchain Project Gets $2 Million to Battle Digital Snooping and Surveillance

Cryptography Startup Invests in Anti-Snooping Projects Mainframe, a Utah-based security and cryptography startup company, has recently taken steps to donate nearly USD $2 million in a variety of different privacy and human rights efforts all over the world.

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Bitmain to Set Up $500 Million Blockchain Data and Crypto Mining Facility in Texas

The dominant bitcoin miner and mining chip designer plans to strengthen its presence in the U. S. The company does not want to gum up the works: the mining facility is expected to be completed in the beginning of the fourth quarter of 2018.

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