Category: Blockchain
Blockchain security startup CoolBitX raises $16.75 million Series B round
CoolBitX, a blockchain security startup based in Taiwan, announced today it has raised $16.75 million in Series B funding, led by returning investor SBI Holdings, a Japanese financial group. Korean cryptocurrency exchange Bitsonic, Monex Group, another Japanese financial group, and Taiwan’s National Development Fund also participated. Founded in 2014, CoolBitX…
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DeFi aims to bridge the gap between blockchains and financial services
If you’ve been following cryptocurrency news for the past few months, there’s one word that keeps coming back — DeFi, also known as decentralized finance. As the name suggests, DeFi aims to bridge the gap between decentralized blockchains and financial services. The original purpose of bitcoin hasn’t changed; it’s a…
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Tim Draper puts $1M into the Aragon blockchain project to create digital courts
In the murky world of crypto and blockchain, taking disputes to a traditional court would either land both the plaintiff and the defendant in jail or confuse the court to the point of total befuddlement. You can just imagine the scenario: “What is a DAO?” “It’s a Decentralized autonomous organization,…
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Tangle EE project joins Eclipse Foundation to bring distributed ledger apps to enterprise
As the number of IoT devices proliferate, and machines conduct transactions with machines without humans involved, it becomes increasingly necessary to have a permissionless system that facilitates this kind of communication in a secure way. Enter the IOTA Foundation, a Berlin-based open source distributed ledger technology (DLT) project, which has…
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Clear gets $13M Series A to build high-volume transaction system on the blockchain
Clear is an early stage startup with a big ambition. It wants to build a blockchain for high-volume transaction systems like payments between telcos. Today it announced a $13 million Series A investment. The round was led by Eight Roads with participation from Telefónica Innovation Ventures, Telekom Innovation Pool of…
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Hyperledger Fabric, the open source distributed ledger, reaches release 2.0
The open source Hyperledger Foundation announced the release of Hyperledger Fabric 2.0 today, the first such project to reach a 2.0 release. It’s a notable milestone. The blockchain as a business tool has certainly had a rocky road over the last few years, but there is still plenty to like…
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