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Class action lawsuit filed against Block.one, the company behind EOS

The company that conducted the initial coin offering (ICO) for the EOS token, Block.one, has had a class-action lawsuit filed against them in the Southern District of New York. The suit alleges that the company defrauded the plaintiffs through a year-long illegal ICO that raised more than US$4 billion but left investors with an unregulated asset. дальше »

2020-5-21 12:00


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Props Raises $2M in Funding Led by Union Square Ventures and Borderless Capital, Moves to Scale on Algorand Platform

New York, NY, April 30, 2020 – The team behind Props, a network built to reward application users with a financial stake in the network they contribute to, announced today that it has raised approximately $2M* in token-sale financing from a number of funds and strategic partners led by Union Square Ventures (USV) and Borderless Capital, withRead MoreRead More. дальше »

2020-5-1 16:07


Fundraising platform Republic looks to Algorand’s blockchain to build new security token

Republic, an inclusive investing platform and technology services provider, today announced its proposed initiative to build a tokenized security on the Algorand blockchain. With nearly 500,000 users, the crowdfunding and private syndication arms of Republic have raised capital for over 170 startups in the past three years; facilitating $67. дальше »

2020-3-17 16:49


Zabo raises $2.5M to connect crypto wallet accounts to financial service apps

Zabo, which enables any financial services company to connect to users’ cryptocurrency wallets in a few lines of code, today announced it has raised $2. 5 million in new funding. The round was led by Moonshots Capital with participation from Blockchange Ventures, Castle Island Ventures, Digital Currency Group, CoinShares, Tezos Foundation, Capital Factory, and others. дальше »

2020-3-7 18:11


Crypto-asset custodian Copper raises $8M to expand globally

Copper, a London-based custodian for digital assets, today announced it has raised a USD $8 million in a Series A to grow globally by expanding its commercial team and launching new products. Institutional investors in this round include leading international investment firm Target Global, which backed Auto1, Delivery Hero, wefox and Rapyd; LocalGlobe, which is known for […] CryptoNinjas: Crypto-asset custodian Copper raises $8M to expand globally дальше »

2020-2-18 13:56


Crypto Lender BlockFi Secures $30M Series B To Bring In More Institutional Customers

BlockFi, a crypto lending startup based in New Jersey has raised $30 million in the just concluded Series B funding which was led by Peter Thiel’s startup, Valar Ventures. As reported by CoinDesk, BlockFi stated on Thursday the fresh funding is meant to allow the startup to expand in its products portfolio as well as […] дальше »

2020-2-13 22:48


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Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District

Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles. дальше »

2020-1-12 09:21


Crypto-backed loan firm BlockFi closes $18.3 million funding

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceBlockFi, a crypto-backed loan company, today announced that it has raised $18. 3 million in Series A funding led by Valar Ventures with participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek, and PJC. дальше »

2019-8-7 18:47


Mainstream media has misled vulnerable users on the environmental impact of crypto-mining

Crypto’s mainstream adoption has not only unleashed a new paradigm for global finance, but also raised a fresh set of concerns for its sub-ecosystem, crypto-mining. In order to uncover the truth behind the impact of digital mining, Peter McCormack interviewed University of Cambridge’s Michel Rauchs to discuss the institution’s research on Bitcoin’s power consumption and carbon […] The post Mainstream media has misled vulnerable users on the environmental impact of crypto-mining appeared first on AMBCrypto. дальше »

2019-7-18 05:30


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Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy

Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members of the Libra Association (which maintains the network) and other accredited investors. дальше »

2019-6-18 13:52


Bitcoin’s [BTC] current parabolic trajectory is similar to 2017 patterns, shows analysis

Bitcoin’s [BTC] price fluctuation has been seen as a new marker in the cryptocurrency industry, with the movement of the world’s largest cryptocurrency also affecting the rest of the field. Another point that was raised by a lot of proponents of Bitcoin was the similarity in price patterns formed during the recent bullish hike, with […] The post Bitcoin’s [BTC] current parabolic trajectory is similar to 2017 patterns, shows analysis appeared first on AMBCrypto. дальше »

2019-6-5 03:30