Blockstack Raises $23 Million USD in First Regulated Token Offering

Blockstack has raised $ 23 million USD in the first-ever token offering approved by the US Securities and Exchange Commission. Blocskstack PBC, which is a decentralized computing network aiming to antiquate data breaches and trust violations, first announced the token sale in July, having received SEC approval to raise up to $ 28 million USD […]

Coinbase Launches New $2 Million USDC Bootstrap Fund

Coinbase, a leading crypto trading platform, has announced a new $ 2 million USDC fund to further develop decentralized finance (DeFi) projects. Difference Between Bootstrap Fund and Coinbase Ventures The initiative is to be called the USDC Bootstrap Fund and will see $ 1 million USDC invested in both Compound, a money market protocol, and […]

Ripple (XRP): $26 Million Moved to Co-Founder Jed McCaleb

Ripple, the company that holds the highest number of XRP tokens, has been in the news for the wrong reasons over the past few weeks. Analysts and members of the XRP community have been quite vocal about the way in which the company has gone about dumping large quantities of its holding at regular intervals. […]

Ripple Escrow Wallet Transfers Another 500 Million XRP to Company

In recent times, Ripple has been at the center of whale moves and has managed to move a significant amount of XRP. In the latest development, Ripple Escrow wallet has completed the transfer of 500 million XRP token to Ripple. Massive Movement of XRP to Ripple In a recent tweet, the Whale alert indicated tokens […]

Elliptic, A Crypto Forensic Startup, Raises $23 Million USD

Elliptic, a British startup firm aimed at tracing suspicious crypto activity, has raised $ 23 million USD in a funding round led by SBI Holdings. Elliptic to Expand into Asian Markets The Series B funding round was led by Japanese financial institution SBI Holdings and will enable Elliptic to continue expansion into Asian markets where […]

Telegram’s 300 Million Users May Be Able to Trade Cryptocurrency

Crypto bull runs often result in developments that often seem a bit farfetched, but at the end of the day, almost everyone wants to cash in on the phenomenon. It happened in 2017, and it is happening once against in 2019 as Bitcoin led the massive crypto surge in the first half of the year. […]

When A 16-Year-Old Earns $3 Million, You Know It’s Not A ‘Silly Fad’

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INX Plans to Raise $130 Million USD From Milestone IPO

INX ltd, a crypto exchange startup, has announced plans to raise up to $ 130 million USD through an Initial Public Offering (IPO). INX has developed a regulated platform for cryptocurrency trading and an alternative trading system for security tokens, which it hopes will become a one-stop-shop crypto services platform. The move to raise money through […]

BlockFi Raises Over $18 Million USD in Funding Round

US cryptocurrency lending startup BlockFi has raised $ 18.3 million USD in a funding round led by Valar Ventures, the company announced on Tuesday. BlockFi is the first company of its kind to receive institutional funding for crypto-based loans in US dollars, in the form of a $ 50 million lending facility from Galaxy Digital. […]

Bitcoin Mining Manufacturer Canaan Files for IPO in US Worth $200 Million

As per a report, Canaan Creative, the major Bitcoin miner manufacturer, is supposed to have confidentially filed for an IPO in the US. As Bitcoin has grown into one of the biggest cryptocurrencies in the world, a range of industries have cropped up that are seeking to provide services that will help create a more […]

Ripple Sells Over $250 Million in XRP in Q2 2019: What’s Next?

On July 24, Ripple Labs Inc., the company behind XRP, released its Q2 2019 report, which revealed that it had sold over $ 250 million in XRP in the quarter. The report outlines Ripple’s strategy of selling XRP going forward as well as focusing on establishing legit trading volume data. Ripple Reports 48% Quarter-to-Quarter Increase […]

Huobi Tokens: Huobi Group Buys Back 14 Million HT Tokens

Huobi has withdrawn 14 million Huobi Tokens (HT) from the open market. The move is part of the cryptocurrency exchange’s plan that seeks to stabilize the altcoin price as well as create new incentives for users by curbing inflation. An Ethereum address is to store the withdrawn tokens expected to form a reverse fund. By […]

John McAfee Reiterates His $1 Million by 2020 BTC Price Prediction

In a rather haughty Tweet posted earlier today, American crypto enthusiast John McAfee wrote that he was “laughing his f—— ass off” at the concern over Bitcoin’s falling price this week. The entrepreneur went even further and reiterated his prediction that Bitcoin would reach $ 1 million by 2020. What has him so bullish? John […]

Bitpoint Hacked for $32 Million, Another Example of Crypto’s Volatility

A Tokyo-based cryptocurrency exchange called Bitpoint has suspended operations after it lost $ 32 million to a hacking last night. The company that runs the exchange, Remixpoint, discovered that ¥3.5 billion worth of various digital currencies had disappeared under its management. Bitpoint Hacked and Suspends Operations According to the exchange, the funds went missing from […]

Binance Hack: Hackers Make Off With $40 Million in BTC

According to Bloomberg, major cryptocurrency exchange Binance has suffered another hack. This time the hackers withdrew 7,000 Bitcoin, which values approximately $ 40 million USD. This is the second major breach the exchange has faced, the first being an incident in March 2018. A notorious issue in the crypto-space, hacks have claimed $ 1.7 billion […]

UK Real Unemployment Rate is 5.5 million – Britains Benefits Culture

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Proof of Capital: A New Blockchain Venture Fund Worth $50 Million

A new blockchain-focused venture capital fund called Proof of Capital has been established by a group of investors. The aim of the $ 50 million USD fund is to encourage further adoption of blockchain technology. Blockchain Venture Fund: Proof of Capital The new fund has been founded by three partners: Phil Chen, Chris McCann, and […]

Aura Health Announces Closing of $1.9 Million on the First Tranche of Subscription Receipt Financing

Aura Health Inc. (the “Company” or “Aura”) (CSE:BUZZ) is pleased to announce that it has closed the first tranche (the “First Tranche Closing”) of its previously announced “best efforts” private placement subscription receipt offering (the “Offering”) led by Mackie Research Capital Corporation (the “Lead Agent”), the lead agent and sole book runner, with a syndicate […]

Kalium Receives AU$74 Million in Support of Potash Project

Kalium Lakes (ASX:KLL) is continuing its hot streak after receiving a AU$ 74-million loan package from the Northern Australia Infrastructure Facility (NAIF) on Wednesday (February 20). The loan package is to support the development of Kalium’s Beyondie sulfate of potash (SOP) project in Western Australia, which the company received all necessary licenses and leases for earlier […]

Life Science Big News Roundup: Isodiol Acquires CBD Naturals® Consumer Brands; MediPharm Labs Signs $35 Million Private Label Cannabis Oil Sale Agreement

In case you missed it, here is this week’s life science big news roundup: Biotech: Isodiol International Inc. Acquires CBD Naturals® Consumer Brands, Expands Consumer Package Goods Portfolio and Receives Strategic Funding to Expand U.S. Retail Footprint MediPharm Labs Signs $ 35 Million Private Label Cannabis Oil Sale Agreement with Option for Additional $ 13.5 Million […]

Santander Bank Enters $700 Million Deal to Use IBM Blockchain

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $ 700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s […]

QuadrigaCX Can’t Access $190 Million in Crypto After Founder Dies

Around $ 190 million in cryptocurrency has been lost and locked away somewhere online where no one can reach it. What’s to blame? Canada’s largest cryptocurrency exchange, QuadrigaCX. Back in December, the cryptocurrency exchange’s founder perished while in India. According to CoinDesk, a court filing states that the company does not have access to most […]

Aura Health Announces $5 Million Brokered Subscription Receipt Financing

Aura Health Inc. (CSE:BUZZ) is pleased to announce that it has engaged Mackie Research Capital Corporation (the “LeadAgent”) to act as lead agent and sole book runner, along with Haywood Securities Inc., PI Financial Corp., and Foundation Markets Inc. (together with the Lead Agent, the “Agents”) to sell, by way of private placement, on a […]

Cobalt Blockchain Announces Closing of First Tranche of Private Placement for $1.5 Million

Cobalt Blockchain Inc. (“COBC” or the “Company”) (TSXV:COBC; OTCQB: COBCF) is pleased to announce announced that it has today closed the first tranche of its previously announced private placement offering (the “Offering”) through the issuance (on a non-brokered basis) of 4,333,333 units (“Units”) at a price of $ 0.15 per Unit for a gross proceeds of $ 650,000. […]

Asterion Announces $5 Million Private Placement

Asterion Cannabis Inc. (“Asterion” or the “Company”), announces a non-brokered private placement of up to 6,666,667 units (each, a “Unit”) at the price of CAD $ 0.75 per Unit, for aggregate gross proceeds of up to CAD $ 5,000,000 (the “Financing”). Each Unit will consist of one common share in the capital of the Company (each, […]

Viasat WiFi Service Available to Over One Million People across Mexico

Viasat (NASDAQ:VSAT) announced on Wednesday that its WiFi hotspot service is available to more than one million people across Mexico under Conectaless brand. As quoted in the press release: The Community Wi-Fi service uses a centralized Wi-Fi hotspot to connect to a Viasat satellite to deliver internet service to remote communities that previously had little […]

Britain’s Manchurian Prime Minister Scraps Residency Fees for 5 Million Economic Migrants

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Japan’s SBI Group Invests $15 Million in Tangem Crypto Wallet

Announced today, Japanese banking giant SBI Group has invested in Swiss crypto startup Tangem. The company is the creator of a slimline hardware cryptocurrency wallet. SBI Group Invests in Tangem SBI is offering its support to Tangem with a $ 15 million USD investment. It will use the capital to expand into areas such as stablecoins, ICOs, […]

Fusion Wins US$1.2 Million Cloud Solutions Contract

Fusion (NASDAQ:FSNN) announced on Tuesday that it has secured a US$ 1.2 million, three year cloud solutions contract with an lifestyle food brand. The company said that the brand plans to triple in size from its current size of 90 locations within the next few years citing Fusion’s ability to customize the highly specialized communications […]

Canadian Cannabis IPOs Raise Over C$490 Million in 2018

A new report from PwC Canada shows cannabis initial public offerings (IPOs) raised over C$ 491 million across “various exchanges” throughout 2018. On Thursday (January 3), the research agency shared the results of its quarterly IPO survey indicating the total state of the public markets in Canada. “The fourth quarter was pretty respectable when you […]