Digital Currency Group news-Page 8
Pantera Capital, Coinbase Back Crypto Startup Staked in $4.5 Million Round
Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31. The startup, which targets institutional investors of proof-of-stake cryptocurrencies, announced that it raised $4.5 million in the investment round. According to the post, in addition to Pantera Capital, major firms that participated in the round include Coinbase Ventures, Digital Currency Group, Winklevoss Capital, Global Brain, Fabric Ventures and Blocktree Capital. Furthermore, the company also reported that Pantera Capital partner Paul Veradittakit is set to join Staked’s board of directors. Pantera Capital reportedly first contacted …
Altcoin / Jan. 31, 2019
Airbnb Co-Founder Participates in Almost $23 Million Funding Round for Crypto Startup
Cryptocurrency trading platform SFOX has announced the closure of a $22.7 million Series A funding round with participation from Airbnb co-founder Nathan Blecharczyk, according to an August 16 press release. Co-founder and partner at Tribe Capital and Social Capital, Arjun Sethi, led the Series A funding round for the U.S.-based cryptocurrency dealer SFOX, with participation from Y Combinator, Khosla Ventures, Digital Currency Group, Blockchain Capital, and Blecharczyk. The press release notes that the cryptocurrency dealer aims its services at “large-scale investors such as funds, family offices, and high-net-worth individuals,” and has more than $9 billion in transaction volumes to the …
Blockchain / Aug. 16, 2018
Notes From the Brink: Reasons Behind the Crypto Bear Market
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Crypto is notoriously a “tough neighbourhood,” as even evergreen Bitcoin bull Tom Lee has put it. After a week in which double-digit losses wreaked havoc on many high-profile cryptos, and Bitcoin (BTC) momentarily fell through the $6,000 support, pitiless bearish sentiment has been circling, with some accusing the top coin of being “exhibit A” in a “permanently impaired or even game‐over” market. While Bitcoin may have posted 2018 lows, Ethereum (ETH) also plummeted to …
Bitcoin / Aug. 16, 2018
Online How-To Platform Partners with Blockchain Startup to Boost User Security
Online guide platform wikiHow and the Blockchain startup Civic are partnering up in their bid to bolster users’ login security. Under the collaboration, users of wikiHow will be able to swap out their old login methods for Civic’s mobile application (app). wikiHow offers various guides and how-to articles on different subjects. The website was founded by Internet entrepreneur Jack Herrick in 2005. According to Civic, wikiHow users who use its app can avoid the pitfalls of handling passwords and usernames that are vulnerable to cyber theft. "The simple, quick process verifies Personally Identifiable Information (PII) to ensure ownership of the …
Blockchain / Aug. 26, 2017