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PwC Reports Huge Shift in M&A and Fundraising from US to Asia and EMEA in 2019

PwC Reports Huge Shift in M&A and Fundraising from US to Asia and EMEA in 2019

In 2019, crypto fundraising and M&As began migrating over to Asia, Europe and the Middle East and saw a lack of new VC investments as the majority of funding came from crypto firms within the industry, according to PWC’s latest report released on April 6.

Digital Health Funding on Track for Another Stellar Year

Digital Health Funding on Track for Another Stellar Year

Despite simmering down after a sizzling first half, digital health funding remains near all-time highs, according to Rock Health. Startups in the space are reportedly on track to raise an estimated $7.3 billion this year, a billion short of 2018’s $8.3 billion but more than double that of 2017’s.

NASA is Funding a Blockchain Solution for Space Communication

NASA is Funding a Blockchain Solution for Space Communication

The United States National Aeronautics and Space Administration (NASA) is funding two US-based companies to develop a blockchain solution to enhance space communication

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.

Turkish Government Announces Plans for National Blockchain Infrastructure

Turkish Government Announces Plans for National Blockchain Infrastructure

The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.

UNICEF Unveils Cryptocurrency Donation Fund

UNICEF Unveils Cryptocurrency Donation Fund

UNICEF has launched a cryptocurrency fund intended for open-source technology funding, whereby Ether and Bitcoin will be accepted. The donations will be beneficial to young people and children across the globe.

South Korean Bank, KB Kookmin, Shares Blockchain Strategy

South Korean Bank, KB Kookmin, Shares Blockchain Strategy

KB Kookmin, a major South Korean bank, is planning to adopt blockchain technology into its internal processes.

UN Investigates North Korea on Cyberattacks Funding WMD

UN Investigates North Korea on Cyberattacks Funding WMD

The U.N. experts are currently investigating 35 cases in 17 countries where North Koreas were using cyberattacks to raise money for the military objective.

Bitcoin Bull Tim Draper Says Regulators Have Made IPOs Too Expensive

Bitcoin Bull Tim Draper Says Regulators Have Made IPOs Too Expensive

Speaking on Unitize panel, billionaire investor Tim Draper advised blockchain companies to avoid funding through an initial public offering (IPO) as regulators have made the process far too expensive.

Crypto Wallet and Data Giant Reported to Raise $50M Funding Round

Crypto Wallet and Data Giant Reported to Raise $50M Funding Round

According to a report by Yahoo Finance, Blockchain is raising a VC fund to invest in both equity and crypto coins.

US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda

US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda

The US Justice Department has revealed that it has seized cryptocurrency worth millions of dollars intended to fund the activities of terror groups like the military arm of Hamas, the Islamic State, and Al-Qaeda. This breakthrough is the largest clampdown on online terrorist fundraising,

Blockchain Devices Market to Grow by $1.285 Billion by 2024

Blockchain Devices Market to Grow by $1.285 Billion by 2024

Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”

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