Crypto News

Crypto Startups More Valuable Than Blockchains — Can the Trend Change?

Advertisement Twitter Facebook LinkedIn In the crypto bull market of late 2017, when tokens reached a valuation of tens of billions of dollars, blockchain networks comfortably surpassed the valuation of commercial companies in the cryptocurrency ecosystem. At the time, for venture capital investors, direct investments in digital assets and cryptocurrencies seemed substantially more profitable than […]

Crypto News

Israel Has Over 200 Domestic Blockchain Startups: Industry Body

Advertisement Israeli Blockchain Association, an organization whose primary objective is to educate, develop and empower Israel’s distributed ledger technology (DLT) community, encourage best practices and connect it with global leaders in the blockchain space, has released its third Israeli Blockchain Startup Map. According to a recent press release by the organization, there are now more than […]

Crypto News

Boost VC Issues Call for Crypto Startups

Advertisement Technology startup accelerator Boost VC has announced that it is accepting applications from crypto startups to join Tribe 12, its latest accelerator program cohort. Since 2012, Boost VC has graduated several cohorts with more than 75 crypto-related projects including prominent blockchain projects like Etherscan, Aragon, and MyCrypto. According to the announcement, which appeared in a Medium […]

Crypto News

China’s Internet Agency Regulator Has Strict Demands For Blockchain Startups

Advertisement China’s central internet regulator has issued strict rules targeting blockchain companies and entities operating in China. The Cyberspace Administration of China has published draft regulations on Friday demanding blockchain-based information service providers to register users using real names, national identification numbers, censor postings and store user data. The regulations follow an open letter posted by a Chinese student […]

Bitcoin

SEC Launches FinHub – A Fintech Portal to Help Blockchain Startups

US regulator the Securities and Exchange Commission (SEC) has launched its dedicated fintech “strategic hub,” commissioner Hester Peirce confirmed October 18. FinHub ‘Here For Fintech’ The platform, known as FinHub, brings together multiple aspects of US regulation with the aim of guiding the nascent financial technology industry as it grows. “Finally FinHub is here for […]

Crypto News

Singapore: Local Regulator to Aid Blockchain Startups, Multi-Fiat-Crypto Exchange Launched

Although the United States has been seen as a founding father of modern technologies, other nations like Singapore, Malta, Switzerland are leading the crypto and blockchain revolution. These may not be locations that many would initially suspect to be “innovation capitals”. Singapore Aims To Bolster Local Crypto Economy Through Regulatory Support A setback that many […]

Crypto News

Singapore’s Central Bank Will Aid Crypto Startups in Opening Bank Accounts

Advertisement Ravi Menon, the chief of Singapore’s defacto central bank and regulator, has backed domestic cryptocurrency startups and exchanges to gain banking services in the technology-forward city-state. Monetary Institute of Singapore (MAS) managing director Ravi Menon has called for the banking industry to get over the “hurdle” of offering services to domestic cryptocurrency startups in […]

ICO

VC Investment in Blockchain Startups Is Up 280% So Far This Year

As the crypto industry sees a decline in initial coin offerings (ICOs) amid regulatory concerns and major losses across token markets, traditional VC investment is once more on the rise. In its latest report, blockchain research group Diar reports that blockchain and cryptocurrency-focused startups have raised nearly $ 3.9 billion through VC investments in the first three quarters of the […]

Crypto News

Wyoming Eyes Creation of Blockchain-Friendly Bank to Lure Bitcoin Startups

Advertisement With regulations being one of the main reasons why traditional commercial banks give bitcoin a wide berth, state senators and representatives in Wyoming are eyeing a legislative fix to the problem. Wyoming Blockchain Group Mulls Bitcoin-Friendly Bank Legislators in the “Equality State” are currently considering drafting legislation that would allow the creation of a […]

Ethereum

Ethereum Price Decline Hasn’t Hurt ICO-Funded Startups: BitMEX Research

Advertisement With the ethereum price sitting more than 80 percent below its all-time high in mid-September, the conventional wisdom said that startups who had raised funds through initial coin offerings (ICOs) were likely driving the sell-off. ICOs, after all, had been conducted almost entirely using ETH, leaving hundreds of startups sitting on a steadily-depreciating asset. […]

Crypto News

Colorado’s ‘ICO Task Force’ Levies Orders Against 3 Crypto Startups

Advertisement Colorado Securities Commissioner Gerald Rome has issued signed orders to show cause that three cryptocurrency businesses have allegedly offered and promoted unregistered ICOs in Colorado. The investigation is part of a recent crackdown against fraudulent ICOs by officials of the Division of Securities under Colorado State’s Department Of Regulatory Agencies (DORA). ‘ICO Task Force’ […]