Lolli, a new browser rebate extension that rewards users with Bitcoin (BTC), announced this week that it has closed a $ 2.25 million seed round from notable investors, including Bain Capital Ventures and Digital Currency Group. I'm excited to announce our seed round with some amazing partners! 💜 Thankful for my team, the Lolli community, our […]
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Bain Capital Backs $2.25 Million Round for Bitcoin Rewards Startup Lolli
Bitcoin rewards platform Lolli has raised $ 2.25 million in seed funding from investors including Bain Capital Ventures.
CoinDesk
Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels
The Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program.
Also read: Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets
War: Bitcoin Cash Startup Launches Mining Pool to Attack Altcoins & BCH Forks
A prominent bitcoin cash startup has launched a mining pool designed to attack altcoins and BCH forks that it does not believe fulfill Satoshi Nakamoto’s original vision for the cryptocurrency. SharkPool: Supporting Bitcoin Cash by Attacking other Networks Dubbed “SharkPool,” the service aims to conduct a two-pronged attack on other cryptocurrency networks, exclusively mining empty … Continued
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Norwegian Startup Bitruption Plans to Launch a Localbitcoins Competitor
On Nov. 4, a Norwegian startup announced the launch of a new peer-to-peer marketplace called Bitruption. Similar to Localbitcoins, the Bitruption exchange plans to offer a format under which users around the world will be able to advertise, buy and sell digital currencies for local fiat.
Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty
Peer-to-Peer Crypto-to-Fiat
Exchange to Offer BCH and BTC
The Bitruption trading platform is a peer-to-peer exchange that was recently announced by Ole André Knutli, the company’s project manager. According to Knutli, the Oslo-based team soon plans to launch a trading platform that will allow traders to form their own micro-exchanges on a local level, much like Localbitcoins. However, in contrast to Localbitcoins, Bitruption will allow users to trade multiple cryptocurrencies. Initially, the platform will only support bitcoin cash (BCH) and bitcoin core (BTC), alongside bank transfers.
New Zealand Government’s $315,000 Grant to Bitcoin Startup Sees Criticism
A decision by a New Zealand government agency to award a grant to a bitcoin startup has been met with condemnation. The criticism over the decision by Callaghan Innovation to award Vimba a NZ$ 315,000 grant has largely come from tech executives. Some have questioned the priorities of the innovation agency saying that there were more
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Auckland Startup Receives 300k Grant
A cryptocurrency startup based in Auckland, US has received a massive $ 330,000 grant from the Crown agency Callaghan Innovation.
As said by BTCwires:
“Callaghan Innovation was established in 2013 with the aim of making businesses more innovative in the country. It is a crown entity; a Crown Research Institute, Industrial Research Limited was merged in the Callaghan Innovation at the time of its inception. It is an innovation agency of New Zealand which activates innovations and helps the businesses to grow faster for a better future.”
To the Moon? Ethereum Startup ConsenSys Acquires Asteroid Mining Company
New York-based blockchain software technology startup and Ethereum development studio ConsenSys has acquired asteroid mining company Planetary Resources, Inc. through an asset-purchase agreement. Following the acquisition, Planetary Resources President and CEO Chris Lewicki and General Counsel Brian Israel will be joining the team at ConsenSys, according to an official press release. Before co-founding and joining
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Coinbase Ventures Invests in Privacy Blockchain Startup StarkWare
Israel-based startup StarkWare, which commercializes the STARK zero-knowledge proof system for privacy blockchains, recently closed a $ 30 million Series A round led by Paradigm, with participation from Coinbase Ventures and several other firms. 1/4 We're excited to announce our $ 30M Series A equity round, led by @paradigm: Read more here: https://t.co/EZOxqChUC8 (thread) — StarkWare Industries (@StarkWareLtd) October […]
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Australian Crypto Startup Invites Steve Wozniak to ‘Digital Currency [Holiday] Town’
An Australian travel tech startup has invited Apple co-founder Steve Wozniak to Agnes Water and Town of 1770, the country’s first digital currency towns. Brisbane-based TravelbyBit extended the invitation after the American inventor expressed his interests to travel the world using nothing but bitcoin, as reported by local publication Micky. The company, which enables businesses
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Crypto Startup Ripple Poaches former Google Executive
Ripple Labs has secured the capture of Google’s erstwhile head of rich communications services (RCS), Amir Sarhangi. The startup confirmed to Reuters on Friday that Sarhangi will be joining the Ripple team as Vice President of Products. Prior to his move, Sarhangi led the rollout of a new wireless messaging system at Google after joining the tech
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Why Fidelity’s Blockchain Incubator Lead Joined a Crypto Startup
Blockchain enterprise software startup Bloq has hired Fidelity alum Hadley Stern for its management team. Stern, who was the architect of Fidelity Investment’s digital assets arm, joins Bloq in the newly created role of chief operating officer where he will spearhead the next chapter of growth for the startup. Stern was the driving force behind Fidelity’s budding
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Former Intel Executive Dr. Jackson He Joins Blockchain Startup Skynet
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Aussie Blockchain Startup Wins Billionaire Branson’s Tech Challenge
Power Ledger, a blockchain startup based in Australia, won business magnate Sir Richard Branson’s Extreme Tech Challenge (XTC) 2018, as reported by Australian news channel Nine News. The challenge, whose previous finalists include Doctor on Demand and Vantage Robotics, aims to provide entrepreneurs with the right tools to help them build their tech products. Power Ledger received endorsements
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Ethereum Foundation Grants $120K to Philly Data-Transparency Startup TrueBlocks
TrueBlocks received the award to continue working towards a “fully-decentralized way to access data from any Ethereum address or smart contract.” The money will support the project over the next six months.
Transparent Future
Company founder, Thomas Jay Rush, envisions a world where transparency is king. To the point where anybody could check an organization’s accounts… in real time.
I’m fascinated by what it means to be that transparent and hopefully we can help that happen.
Ledger CEO Wins French Award for Startup With International Potential
Eric Larchevêque, CEO and co-founder of cryptocurrency hardware wallet-maker Ledger, has won a French award for the startup leader whose model has the greatest potential internationally.
The prestigious regional prize in Ernst & Young’s (EY) 26th Entrepreneur of the Year 2018 awards, located in France, is “Startup of the Year.” Ledger’s Eric Larchevêque can lay claim to this award, as well as the “Born Global Award” for the international potential of his startup Ledger.
International Success for Ledger
Ledger’s potential has already turned into an international success. A few days ago, the reputable cryptocurrency hardware wallet manufacturer announced that it had achieved sales of 1.3 million units.
Chinese Startup Raises $13 Million to Take Its Crypto Wallet Global
Cobo, a startup based out of Beijing that develops cryptocurrency storage products, has closed a $ 13 million Series A financing round led by DHVC and Wu Capital. According to the announcement, the funds will go towards bringing the Cobo Wallet, a multi-asset cryptocurrency software wallet that allows proof-of-stake (PoS) mining, to the global market while also developing […]
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Ticketmaster Acquires Blockchain Startup in Bid to Combat Ticket Fraud
Major global ticket sales and distribution company Ticketmaster has acquired Upgraded, a blockchain startup using DLT and “smart tickets” to combat fraud within the industry. Share of Controversy Ticketmaster — which merged with Live Nation in 2010 to form Live Nation Entertainment — is a live music behemoth that either leases, operates, or has equity
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ETC Labs Hosts First Startup Incubator Pilot
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Blockchain Journalism Startup Civil Refunds Investors after Failed ICO
Initial coin offering (ICO) operator Civil will refund investors due to the blockchain startup’s failure to reach its minimum sale cap. Civil will conduct another token sale in further efforts to build their Journalism business. Civil ICO Civil’s first ICO began in September and wrapped up this week. Their mission, according to their website, “is to help power
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