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New Ride-Hailing App to Transform Payments by Offering Blockchain Direct Transactions

New Ride-Hailing App to Transform Payments by Offering Blockchain Direct Transactions

Bayride has revealed RideNode, a new transportation virtual and blockchain currency that seeks to transform the payment structures in this sector. America’s ride-hailing industry is touted to be revolutionized because RideNode will offer direct transactions between the service provider and consumers.

Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform

Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform

Libra has been facing some competition as the Celo Foundation has awarded its first grants of $700,000 in total to 13 projects that expand the use of its platform.

SEC Reschedules Decision-Making on Bitcoin ETF Proposals

SEC Reschedules Decision-Making on Bitcoin ETF Proposals

The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.

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.

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper’s venture studio has launched a new WordPress plugin, which makes it possible for anyone to create a cryptocurrency exchange on a WordPress-based website. Established in 2018, Goren Holm Ventures is an incubator/accelerator firm based in Santa Monica, California. A well-known investor and venture capitalist, Tim Draper, partnered with Goren Holm Ventures in 2019 and later rebranded it as Draper Goren Holm. The firm focuses on incubating and accelerating blockchain and crypto startups.

Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019

Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019

Tether and cryptocurrency assets valued at nearly $50 billion left China in 2019 according to Chainalysis.

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.

Signal Messaging App Now Accepts Bitcoin and Ether Donations

Signal Messaging App Now Accepts Bitcoin and Ether Donations

Signal messaging app, which offers end-to-end encryption, has begun to accept cryptocurrency donations that will be used to support the platform.

Calibra Head David Marcus Declares Libra as the Most Secure Payment Network

Calibra Head David Marcus Declares Libra as the Most Secure Payment Network

David Marcus, Head of Calibra, the digital wallet for Facebook’s Libra stablecoin explained at Money 20/20 conference in Las Vegas about how the network aims to transform the traditional payments industry.

Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption

Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption

Chainalysis announced that it has secured an additional $13 million in a strategic investment from Ribbit Capital and Sound Ventures during its Series B investment round, taking its total to $49 million.

Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

Many analysts have come to view BRI as a diplomatic offensive with geopolitical motives. However, the initiative is primarily driven by the Middle Kingdom’s pressing need to transform its national economy through further integration with the world.

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