Cryptocurrency News

Paradigm Leads $30 Million Funding for Crypto Privacy Startup StarkWare By CoinDesk

© Reuters. Cryptography startup StarkWare just closed a $30 million equity funding round led by Paradigm and featuring a number of other major investors, according to an announcement Monday. StarkWare, the company that developed the zk-STARKS privacy feature, is now working to commercialize the tech, according to a blog post on the funding round. Zk-starks operate by compressing large amounts ...

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VC Firm SpaceFund to Tokenize its Fund with Support from Smart Valor, Abacus By Cryptovest

VC Firm SpaceFund to Tokenize its Fund with Support from Smart Valor, Abacus US-based SpaceFund, a venture capital firm aiming at leveraging blockchain to fund space startups, announced on Monday the creation of the world’s first space security token. The announcement, which was made at the Zurich Crypto Summit, suggests that the company will tokenize its fund and thus provide ...

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IT Firm Fujitsu Builds Blockchain Settlement Trial Infrastructure for Nine Japanese Banks By Cointelegraph

© Reuters. IT Firm Fujitsu Builds Blockchain Settlement Trial Infrastructure for Nine Japanese Banks Japanese multinational IT equipment and services company Fujitsu will build an interbank settlement platform using blockchain technology as part of a joint project with nine domestic banks, a press release announced Monday, Oct. 29. Aiming to “confirm the viability of blockchain technology,” the trial of the ...

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Hitachi and India’s Largest Gov’t-Owned Bank Partner on Major Digital Payments Platform By Cointelegraph

© Reuters. Hitachi and India’s Largest Gov’t-Owned Bank Partner on Major Digital Payments Platform Hitachi Payments has partnered with the State Bank of India (SBI) to establish a nationwide digital payments platform, according to a press release published by Hitachi Oct. 29. Under the aegis of the government’s “Digital India” campaign, Hitachi will provide SBI with solutions including its Internet-of-Things ...

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Ripple Taps Google’s Messaging Service Expert as Vice President By Cryptovest

Ripple Taps Google’s Messaging Service Expert as Vice President US-based startup has hired Google’s product specialist Amir Sarhangi as a vice president, Reuters reported on Friday. Sarhangi will control the development of Ripple’s blockchain-based system for international transactions RippleNet. He became the second new VP at Ripple in the past few months after the Californian firm appointed ex-Facebook payment executive ...

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Philippines Launches First Blockchain R&D Lab By Cryptovest

Philippines Launches First Blockchain R&D Lab Chaining Ceremony: Executives of Ateneo de Manila University and MediXserve hold a big chain as a sign of support for AMBERLab’s blockchain research projects. Blockchain-powered healthcare startup MediXserve has teamed up with Ateneo de Manila University to launch the Philippines’ first blockchain education and research laboratory. Located in the university’s CTC Building, AMBERLab (Ateneo-MedixServe ...

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Weekly Trading Overview (19-26 October) By Cryptovest

CV Market Watch™: Weekly Trading Overview (19-26 October) The crypto markets returned to the months-long stagnation, with most assets barely moving. returned just below the $6,500 range, as liquidity drained from the markets when more Tether (USDT) were removed from circulation. Bitcoin (BTC) abandoned the volatility of last week, when a Tether trading anomaly lifted prices. Now, BTC is back ...

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US Cleaning Supplies Firm To Open Blockchain Rewards-Based Recycling Centers in Indonesia By Cointelegraph

© Reuters. US Cleaning Supplies Firm To Open Blockchain Rewards-Based Recycling Centers in Indonesia U.S. manufacturer of household cleaning supplies SC Johnson and environmental organization Plastic Bank will open several plastic recycling centers in Indonesia, offering locals tokens for waste collection, according to a press release published Sunday, Oct. 28. SC Johnson, which owns such brands as Glade, Ziploc and ...

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Taiwanese Lawmaker Proposes New Business Category for Crypto Startups By CoinDesk

© Reuters. Taiwan’s “Crypto Congressman” continued his push for more modernized regulation around the tech by proposing new rules for token sales. On Friday, Taiwanese legislator Jason Hsu published a list of policy recommendations aimed at aiding cryptocurrency startups, including one that would see the Ministry of Economic Affairs (MOEA) create a new business category, as well as a new ...

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Bitcoin Prices Remain Little Changed; Taiwan Proposes to Aid Crypto Startups By Investing.com

Bitcoin prices remained little changed on Monday Investing.com – Bitcoin prices were little changed on Monday, while other major cryptocurrencies also remained sideways at the same places they have been all last week. Reports that a Taiwan lawmaker is proposing to aid crypto startups received some attention. dropped 0.2% to $6,491.8 by 1:15 AM ET (05:15GMT) on the Bitifinex exchange.  fell 0.1% to $205.46 and was little ...

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