South Korea’s Bithumb secures $200M from Japan’s blockchain fund
South Korean cryptocurrency exchange Bithumb has secured $200 million in fresh funding from a Japanese blockchain investment fund as part of a wider Series A funding round.
Latest investment News
Harvard University backs crypto firm Blockstack
The university, together with Lux Capital and Foundation Capital, has invested $11.5 million, purchasing 95.8 million Stacks tokens.
France approves a bill to allow insurers to offer crypto investments
A new law allows life insurers to invest in cryptos "without any limitation on the amount that can be allocated."
Texas regulator orders crypto firm FxBitGlobe to cease operations
The crypto investment firm claims to offer incredible returns between 25% and 75%, which many believe to be an obvious sign of a Ponzi scheme.
Facebook seeks $1 billion investment from VCs for its crypto
Looking to decentralize its blockchain creation a bit more, Facebook is looking for outside investors.
Kleinwort Hambros issues blockchain exchange traded note
Kleinwort Hambros has launched a new blockchain note that will give investors that very access they are seeking to companies investing in blockchain technology.
Short-term investor loses increase in 2018
Recent filings to the Internal Revenue Service indicate that short term crypto investors are having a harder time than long-term ones.
Offchain Labs secures funding for Bitcoin SV-like scalable blockchain
Offchain Labs have secured $3.7 million in funding for their private, scaleable smart-contract blockchain, but Bitcoin SV might already be doing that better.
‘A bloodbath’: Digital Currency Group reports choppy crypto ventures
Spanning almost 130 investments, the company reported summaries of the performance of its positions since 2016, providing a basis for comparison of the health of the industry from then until now.
PayPal makes debut in blockchain space with startup investment
The firm’s blockchain investment came as part of the Series A funding round in Cambridge Blockchain, which specializes in helping banks and other financial institutions manage data shared on public blockchains.
Crypto startup Harmony raises $18M in token presale
The Harmony blockchain aims to be an “open consensus for 10 billion people,” or at least is marketed that way, which is interesting considering that there are not even 10 billion people on Earth currently.
ICOs raise 50+ times less funds in Q1 2019 at $118 million
A report indicates that the money raised by ICOs this year is more than 58 times lower than over the same period last year, showing a crash in faith in that market.