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Crypto mining subscription company Argo Mining debuted on the London Stock Exchange on Friday, garnering more than $ 32 million through its IPO.
After announcing in early May that it would begin accepting cryptocurrency Sadaqah (donations), the Shacklewell Lane Mosque collected a staggering 13,983 GBP in digital currency during Ramadan.
The Turkish-run mosque in Hackney, East London initiated its plan to accept cryptocurrency earlier this summer, becoming the first in the country — and one of only a few in the world — to take digital currency as a form of donation.
The Mosque partnered with London-based blockchain startup Combo Innovation, which specializes in Islamic finance. CEO Gurmit Singh worked with mosque chairman Erkin Guney to advise on matters of cryptocurrency collection, storage, and security.
Wan Kuok-koi, a former Macau triad also known as “Broken Tooth”, has teamed up with a Chinese firm to fund chess and poker tournaments in the Asian country. According to reports, Wan’s ICO for “HB” tokens was able to accrue $ 750 million in less than five minutes.
Former gangster Wan Kuok-koi witnessed the launch of his ICO at a posh event in Cambodia and continued to find success selling his HB tokens in Thailand and the Philippines.
Overall, Wan has reportedly sold 450 million out of a planned 500 million tokens offered to the public. The ICO tour is set to conclude later this month in Malaysia.
The northeastern European country of Lithuania has experienced a boom in cryptocurrency that has been supported by a liberal approach towards regulations in the space. Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground.
Pushback Against Illegal Money from Russia
According to a report on Politico, Marius Jurgilas – a board member of the Bank of Lithuania – discussed concerns that the Baltic state has with money pouring into its economy from Russia.
Last week TRON CEO Justin Sun announced the launch of a bug bounty program with a top reward of $ 100k. The announcement coincided with the project’s much anticipated mainnet launch. The next day, however, Sun announced that they were increasing that amount to a cool $ 10 million.
TRON Gets Serious About Security
Following its mainnet launch on May 31st, Justin Sun, Founder and CEO of TRON, also announced a bug bounty campaign with the highest reward of $ 100,000 for identifying critical network issues. Just a day later, however, he raised the stakes significantly, raising the maximum reward to $ 10 million. The reason given for the increase was to emphasize just how seriously TRON takes the security of its network.
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A gala held by Tipping Point, a non-profit organization that seeks to invest in efforts aimed at breaking the poverty cycle in the San Francisco Bay Area, has raised more than $ 14 million USD. The gala comprises the time that Tipping Point has accepted cryptocurrency donations, with the event being attended by the respective chief executive officers of Coinbase, Ripple Labs, and Pantera Capital Management.
The number of crypto collectables, like CryptoKitties, is growing and investors think a marketplace for their trade is a good bet.
The European alternative banking app designed for the globally mobile generation, Revolut, has just secured a major infusion of capital. With the new funding at hand the startup will be expanding to new markets around the world and add new features such as support for BCH and XRP to its crypto service.
Europe’s New Unicorn
London-based alternative digital banking startup Revolut has announced today it just raised a Series C investment round of $ 250 million meaning the company is now valued at $ 1.7 billion. The new round of funding was led by Hong-Kong based DST Global with existing investors Index Ventures and Ribbit Capital also participating.
Singapore, April 5, 2018 – Consentium, Asia’s first multi-digital currency and group monetisation chat application, has announced today that it has raised a total of USD$ 20 million after the latest round of its private sale. This follows a previous raise of USD$ 10 million which was completed in March 2018.
“Consentium is re-defining what a mobile chat app does. Not only can our users communicate with friends, families and people in their networks, but also uniquely monetize their in-app experiences. We are immensely pleased with follow-on funding into Consentium which demonstrates a healthy investment appetite from investors to build our vision of a fintech and community first chat app.” said Hal Bame, co-founder of Consentium.
While the price of bitcoin continues to loom around the $ 7,000 range, Bitcoin payments seem to be holding strong in various parts of the world. In particular, emerging markets in Asia looking to facilitate low-cost payment solutions for cross-border commerce are benefiting from cryptocurrency transactions.
This has become apparent as BitPay, the largest global blockchain payment provider, just closed its $ 40 million extended Series B funding round. Notable new investors include Menlo Ventures, along with a number of investors based in Asia like Capital Nine, an Asian fintech corporation. Other participants from the region include Christopher Klaus, the founder of Internet Security Systems (ISS), and Alvin Liu, co-founder of Tencent.
Play2Live, the decentralised streaming platform for gamers and eSports fans, has completed its ICO campaign, raising a total of $ 30 million in less than two months. The funds will be used to build a transparent and user-friendly ecosystem for streaming and gaming projects, with Play2Live’s proprietary cryptocurrency Level Up Coin (LUC) as payment within the system.
The success of the ICO will further develop the Play2Live Level Up Chain, which will allow the team to create an end-to-end solution for streamers, gamers and eSports fans. During the course of the campaign, Play2Live achieved its hard-cap of sales, with a total of 1,308,800,000 LUC sold from investments acquired worldwide.
Eximchain, a blockchain startup focused on the supply chain industry, has raised an investment of $ 20 million, ahead of a planned token airdrop.
PHI Token, a blockchain project from DIAMAN Capital LTD, has attracted substantial interest from investors during the recent launch of its’ pre-ICO crowd-funding campaign, achieving over $ 4.7M in its’ firstf orty-eight hours.
PHI Token is the world’s first Robot / Human Asset Management Platform on the Blockchain and is set to disrupt a $ 90 Trillion dollar market-place. The PHI Token itself, symobolizes the golden-ratio and combines traditional finance with the Crypto world to form a new, higher-return and longer-term investment proposition.
Malta, 10th March, 2018
ETicket4 raised about $ 400 000 during the successful two-day ET4 tokens private sale. Today, February 1st, the company announces the start of the public pre- ICO.
Eticket4, an international p2p-platform where you can buy tickets on the secondary market for any event, has successfully completed the private sale of ET4 tokens and announces today, February 1st, the launch of the public Pre ICO, which will last until February 21st.
During the private sale, which took place on January 30-31, ETicket4 managed to attract about $ 400 000 from 79 investors. All early birds, under the terms of private sale, received bonuses of 40%. In total, investors received about 500 000 ET4 tokens.
Singapore January, 2018 – Blockchain company BitCar.io has sold SGD 6.5 million of BITCAR tokens in its pre-ICO, amid strong interest for its exotic car pegging and trading platform.
75 million BITCAR tokens were purchased in the pre-ICO with up to a maximum 175 million tokens being made available in the company’s ICO, which begins 31 January at 3 P.M Singapore time.
Singapore headquartered BitCar is developing its Blockchain platform that will facilitate cryptocurrency payments for fractional ownership of highly collectible hyper and classic cars.
BitCar co-founder Dr. Gov Van Ek said:
Officially launched in 2016.09, the blockchain startup MATRIX is looking at a market value of 360 million USD and aims at rank among the top 100 in global cryptocurrencies. Investors are obviously attracted and gaining confidence.
Bitcoin’s wild ride to the top last year and altcoins following it has put cryptocurrency firmly into the mainstream with major exchanges now offering futures contracts. In addition to over 100 crypto focused funds already operating a Connecticut based digital currency hedge fund launched in August has raised $ 140 million.
According to Bloomberg, BlockTower has also hired a former vice president at Goldman Sachs Group, expanding its team to eight people. The capital has been raised from family offices and other institutions including venture capital firms.