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Wells Fargo Injects $5M into Blockchain Startup Bridging Crypto Exchanges and Banks to Expand in Asia

Wells Fargo Injects $5M into Blockchain Startup Bridging Crypto Exchanges and Banks to Expand in Asia

US Banking Giant, Wells Fargo is investing in blockchain startup focusing on forensics, Elliptic. Wells Fargo Strategic Capital (WFSC), the venture capital arm of the bank, has decided to inject $5 million into Elliptic’s Series B funding round.

Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized

Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized

Cardano founder Charles Hoskinson recently explained in a video update regarding the accountability of the funding from Voltaire, its governance era.

Changelly Launches New App for Cryptocurrency Swapping

Changelly Launches New App for Cryptocurrency Swapping

Changelly, a leading in cryptocurrency swaps has released a new app for both Android and iOS users.

Mogul Productions Implements Chainlink Oracles to Optimize Film Financing

Mogul Productions Implements Chainlink Oracles to Optimize Film Financing

Some industries are reluctant to change because they benefit a small group of people or firms; film financing fits this category. Mainly restricted to established companies, funding and producing an independent movie can be extremely challenging without the right backers. One project looking to remedy that is Mogul Productions, a blockchain-based, decentralized film financing platform.

Fintech Startup Stripe Reaches $35 Billion Valuation

Fintech Startup Stripe Reaches $35 Billion Valuation

According to CNBC, San Francisco-based payments startup Stripe has just raised another $250 million in funding, bringing its valuation from $22.5 billion to $35 billion

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.

Switzerland Scientists Discovered A New Way to Solve Bitcoin’s Scalability Problem

Switzerland Scientists Discovered A New Way to Solve Bitcoin’s Scalability Problem

The discovery of technologies plays a significant role in empowering how people function. This time round, Switzerland scientists have discovered a new approach to tackle Bitcoin’s scalability problem.

New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex

New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex

The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding fraud allegations.

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.

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