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PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.

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.

Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist

Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist

Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.

Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC

Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC

Ribbit Capital, an early Bitcoin VC firm, has filed for a $350 million initial public offering with the SEC leveraging its “blank check” structure.

Andreessen Horowitz Names New York Stock Exchange’s Top Regulator to Head Its Cryptocurrency Unit

Andreessen Horowitz Names New York Stock Exchange’s Top Regulator to Head Its Cryptocurrency Unit

Andreessen Horowitz venture capital firm hires the current head of the New York Stock exchange (NYSE)’s regulatory unit.

PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns

PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns

Following Part 1 of the interview, Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain analyzed the key challenges for startups to become a “Unicorn” in Singapore and shared with us how PwC Singapore’s Venture Hub partners with local regulators and accelerators to foster FinTech innovation in Singapore.

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

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.

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.

Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run

Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run

Blockchain investment dropped 60% from a record 4.1 billion in 2018 to 1.6 billion this year, according to the findings of CB Insights reported on Bloomberg 18 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.

Strategies for Trading Bitcoin in 2021

Strategies for Trading Bitcoin in 2021

Almost everybody that uses the internet knows about Bitcoin trading. And, the Bitcoin market doesn't seem like it will slow down any time soon. So, if you're yet to venture into Bitcoin trading, you need to consider making a move.

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