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Patreon has been making the case for censorship-resistant money increasingly apparent.
The platform allows members to contribute to artists or creators that they support. These contributions are made via standard payment methods like credit cards.
Over the past few months, there has been an increase in public outcry over multiple separate instances where Patreon has removed creators from its platform. BitPatron, a Bitcoin-friendly version of the website, has recently come to the surface as a possible alternative.
A Series of Bans
One of the first well-known bans dates back to August 2018 when James Allsup, a far-right political commentator, was banned from the funding platform.
According to a report by the Wall Street Journal , co-working service provider WeWork Co. has reportedly been renting spaces in buildings owned by its CEO Adam Neumann. The report noted that the arrangement has already seen the company owner net millions of dollars. The company model employed by WeWork involves getting office space leases and
The post WeWork CEO Profits in Millions as ‘Landlord’ from $ 47 Billion Startup: Report appeared first on CCN
The crypto bear market has claimed another victim. This time its venture-backed startup Zwoop, an ambitious e-commerce AI system supposedly built on the blockchain, which has reportedly fallen into administration after a failed attempt at an initial coin offering (ICO). According to a recent report by The Telegraph, Zwoop shuttered its operations, which included offices in Hong […]
ConsenSys has joined a $ 2 million funding round for a blockchain startup led by a former chairman of the Central Bank of Iceland.
An Australian blockchain-based peer-to-peer electricity trading startup is on the receiving end of criticism for rewarding bounty hunters who used unscrupulous means to drive interest in its crypto token. According to the Financial Review, Power Ledger has been criticized for allocating free tokens to bounty hunters who made exaggerated or false claims regarding the startup
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Zwift, an online cycling virtual reality gaming platform, recently closed a $ 120 million fundraising round as it gears to launch its own esports cycling league and propel e-racing into the Olympics. According to a recent report in Bicycling, the company claims to have at least 1 million people currently signed up for its service, which offers both […]
Blythe Masters is stepping down as chief executive officer of Digital Asset Holdings LLC after serving nearly four years to the blockchain software firm. The Wall Street Veteran, known for inventing credit default swaps, asserted via Digital Asset’s press release that she was quitting over personal reasons but will remain involved with the firm as
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Renowned game maker Atari Inc. announced a license agreement with Animoca Brands Limited, a subsidiary of Animoca Brands Corporation Limited, giving it the rights to produce and publish blockchain versions of the famed Atari mobile game titles Roller Coaster Tycoon Touch and Goon Squad in most territories around the world – excluding Hong Kong, China,
The post Atari Partners With Startup to Make Blockchain Versions of Popular Titles like Roller Coaster Tycoon appeared first on CCN
Nomics has raised $ 3 million from Coinbase Ventures and other investors for its plan to index 95% of all crypto trading data points.
A blockchain startup that raised operational funds in Ethereum has come in the middle of what is known as the “crypto winter.” Status, as the project is called, recently announced that it has laid off 25% of its workforce citing economic scarcity. In a recently published blog post, the startup blamed this year’s extended bearish
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Algo Capital, a venture capital firm that is investing in startups building on the decentralized Algorand blockchain platform, announced this week that it has launched a $ 100 million ecosystem development fund for the next decade. Unveiling a 10 year plan to incubate real businesses on @Algorand, AlgoCapital announces a $ 100M ecosystem fund. Rivalling @dfinity's $ 40M […]
Sephora has joined the list of retailers at which shoppers can earn bitcoin rewards via the Lolli app.
The Dallas-based crypto startup AriseBank has been ordered to repay investors to the tune of $ 2.7 million to fix allegations that the firm was defrauding their investors. Authorities have finally put an end to the ongoing AriseBank saga that has been hanging over the heads of the startup’s founders Stanley Ford and Jared Rice for
The post Dallas Crypto Startup Ordered to Repay Investors $ 2.7 Million on Defrauding Charges appeared first on CCN
Venture firm Two Sigma and Ethereum development studio ConSensys have invested $ 8 million into digital asset custody solution provider Trustology, Business Insider reports. Both investors would be joining Trustology’s board of directors. London based Trustology, known for developing the TrustVault, a crypto management service that safeguards private keys by keeping them in “tamper proof, programmable
The post Crypto Custody Startup Raises $ 8 Million from ConsenSys & Two Sigma Ventures appeared first on CCN
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The post Pockebit — Japanese Startup Presented a Prototype of a Contactless Hardware Wallet appeared first on CCN
A court in Switzerland has ordered the closure of bitcoin mining startup Envion AG over concerns of poor corporate governance. The company raised $ 100 million in an initial coin offering (ICO) in January, but a succession of boardroom wrangles have led to a breakdown in its corporate structure, bringing operations to a halt.
Founding Partners Sue Each Other
Founding partners Michael Luckow and Matthias Woestmann have repeatedly gone to court to sue each other over allegations of subterfuge, which supposedly took place at the time of the ICO or immediately after, according to a Handelsblatt Global report on Nov. 28.
Cryptocurrency custodians are third parties that store large amounts of digital assets for institutions, hedge funds, exchanges and issuers of initial coin offerings. Companies in Hong Kong now have a new locally regulated option, which could help to increase investor confidence.
Keep Your Holdings In a Vault at Invault
Invault, a Shanghai-based startup, has secured a new trust license from the Hong Kong financial regulator to act as a digital custodian in the Chinese special administrative region. It plans to begin offering automated cryptocurrency custodial services in December. It is also said to be in talks with a couple of “mid-sized” insurance companies to possibly add their coverage to its services.
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. November 20, 2018 – Lyon, France. Empowered by the unique IBM approach to cloud security, iExec is extending the value of its cloud marketplace by helping enterprises run
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PlayVS, a recently launched startup that aims to build esports infrastructure at the high school level, announced this week the closing of a $ 30.5 million Series B financing round, with participation from the LA Dodgers, Diddy and Adidas. We’re here to build the next big high school sport, with the help of some amazing people. 🏆https://t.co/WWgpdjSFAU […]