A Cayman Islands start-up has raised $4 billion, putting behind the world’s biggest initial public offerings on stock exchanges this year. But its flagship product is not even live yet. Block.one is funding its blockchain platform called eos.ios through a process known as an initial coin offering, or ICO. Its … Read the rest
Paxos, an American financial technology startup, has attracted $65 million from investors, including venture capital firms RRE Ventures and Liberty City Ventures, and private equity executive Jay Jordan. The company was initially founded in 2012 as Bitcoin exchange itBit and later rebranded as Paxos, a business focused on providing services … Read the rest
Blockparty, a US startup is bringing blockchain technology to event ticketing, has launched its new platform now available for download on the Apple App Store. The mobile app allows users to purchase event tickets easily, transfer them, and get rewarded for bringing friends, sharing events, and more. Blockparty’s native … Read the rest
Binance, one of the world’s largest cryptocurrency exchanges, has announced it is launching a $1 billion “Social Impact Fund” to foster the growth of blockchain and cryptocurrency startups. Ella Zhang, head of the exchange’s incubator program Binance Labs, said during an online meetup Thursday that the capital for the fund … Read the rest
Canadian based chat app, Kik launched its second blockchain as part of an effort to promote the use of its digital currency known as Kin in various online communities. The move is notable because Kik, which raised $98 million dollars in a so-called “Initial Coin Offering,” already put its Kin … Read the rest
Late last year, Sirin Labs launched a crowd-sale for what it is calling the “world’s first blockchain smartphone.” Named after the late Bitcoin developer Hal Finney, the smart phone is due to arrive at some point this year. And when it does, it’s likely to be packing the sort of … Read the rest
The Japanese Financial Services Agency (FSA) is due to impose strict standards on cryptocurrency exchanges seeking to register in the country. The sudden collapse of Mt. Gox, bankruptcy filing, and subsequent accusations levied against former CEO Mark Karpeles of embezzlement and fraud gave cryptocurrency investors a wake-up call: exchanges are … Read the rest
Sitges International Fantastic Film Festival is to become the first major movie fest to accept cryptocurrency. The well-known Spanish genre festival has entered into a deal with fledgling new tech firm Slate Entertainment Group (SEG) to take on its blockchain based digital ticketing platform Slatix, which uses digital currency called … Read the rest
Oracle Corp. will unveil its blockchain software starting this month, alongside the growing list of companies offering products that use the digital-ledger technology behind Bitcoin. The Redwood City, California-based company will introduce a platform-as-a-service blockchain product this month and decentralized ledger-based applications next month, Thomas Kurian, president of product development, … Read the rest
According to leading data and analytics firm GlobalData, South Korea is on its way to become a solid leader in the blockchain community. Businesses like Korea Telecom (KT), for example, are already working to determine how the blockchain can be used to lessen production expenses and generate new types of … Read the rest