Blockchain cloud computing platform Oasis Labs announced a partnership with major names in crypto and venture capital to launch a blockchain tech hub called the Oasis Startup Hub, the firm announced at San Francisco Blockchain Week October 8. According to the company’s press release, the Oasis Startup Hub aims to create an ecosystem for blockchain developers, investors, technologists, and industry key-players to collaborate, as well as technical support from Oasis Labs engineers, and “early access” to Oasis latest technology disruptions. The new blockchain hub’s high-profile partners include Andreessen Horowitz’s crypto venture fund a16zCrypto, Accel, Binance Labs, Pantera Capital, and Polychain …
Ivy League U.S. university Yale is said to be one of the investors that helped to raise $400 million for a major new cryptocurrency-focused fund, Bloomberg reports October 5. The fund, dubbed ‘Paradigm,’ was reportedly created by Coinbase co-founder Fred Ehrsam, former Sequoia Capital partner Matt Huang, and Charles Noyes, formerly of stalwart crypto fund Pantera Capital. Huang was said to have left Sequoia in June to embark on establishing the fund together with Ehrsam, according to reports from the Wall Street Journal at the time. Bloomberg has today cited an anonymous source as saying that Yale – whose $30 …
Crypto hedge fund Pantera Capital is seeking to raise $175 million for its third venture fund, a six-fold increase from its previous fund target, TechCrunch reports August 16. For Pantera’s debut fund in 2013, the firm had raised $13 million, rising to $25 million for its second. TechCrunch quotes Pantera partner Paul Veradittakit as noting the new target is a “function of how fast the space is moving, the talent coming in, the opportunities, and the sizing of rounds”: “With more interesting later-stage investments [on our radar], too, we want to be flexible and able to move with the market.” …
Pantera Capital CEO Dan Morehead claimed that crypto markets are reflecting some overreaction from investors recently, in comments to CNBC August 8. Speaking in an interview on CNBC's “Fast Money,” Morehead suggested that investors have exaggerated the importance of the U.S. Securities and Exchange Commission (SEC) recent delay on their decision regarding a Bitcoin (BTC) Exchange-Traded Fund (ETF). As per Morehead, crypto investors should instead focus on more bullish events in the market, such as the announcement of upcoming cryptocurrency project Bakkt by the Intercontinental Exchange (ICE). The ICE, which operates 23 large global exchanges including New York Stock Exchange …
Blockchain cloud computing platform Oasis Labs announced July 9 that it has raised $45 mln from major investors as part of its plan to help companies adopt blockchain. In a press release, Oasis, which has University of California professor Dawn Song as its CEO and co-founder, described its plans to build a “decentralized internet” by resolving businesses’ “concerns” about implementing the technology. “Blockchains are poised to revolutionize much of the way we live, but many developers and organizations have understandable concerns about performance and privacy limitations that are currently hindering their ability to embrace the technology,” Song said. Oasis’ investors, …
Several high-profile investors have confirmed investing in a funding round that raised $28 mln for Harbor, a Blockchain company looking to remove legal barriers to securities trading, in press release today, April 17. Harbor, which already secured a $10 mln Series A round in February, has this time received fresh cash from moguls including Silicon Valley’s Andreessen Horowitz and Blockchain investment fund Pantera Capital. According to their press release, through a so-called R-Token system, Harbor will allow client businesses to smooth over trading of “a new wave of tokenized securities backed by real-world assets, such as real estate, company equity, …
After investment tycoon Tim Draper said earlier this week that Bitcoin (BTC) could hit $250,000 by 2022, CNBC Fast Money’s Brian Kelly has supported this prediction in a CNBC interview from yesterday, April 13. In response to a question about Draper’s high prediction, Kelly responded that although “it sounds crazy,” when one considers that BTC already had a 4,000 percent return over two years, a 3,000 percent return over four years could be a “continuation of the trend we’ve seen.” Kelly continues by noting that an increase of institutionalized money into the crypto sphere - Rockefeller’s VC arm, a Goldman …
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 …