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Welcome to this week in Blockchain Venture Capital. dYdX dYdX, a San Francisco-based startup building open-source protocols for decentralized margin trading and derivatives, recently closed a $10 million Series A round. Participants in the round included a16z crypto (lead), Dragonfly Capital Partners, Craft Ventures, Kindred Ventures, Vy Capital, 1confirmation, Fred Ehrsam, Elad Gil, Naval Ravikant, […]

Ripple co-founder Chris Larsen sat down for a discussion on the cryptocurrency space and creating an internet of value with Arjan Schütte, the Founder and Managing Partner of Core Innovation Capital, for the keynote of this year’s Money2020 FinTech conference. During the talk, Larsen shared his views on Silicon Valley, disruption in the financial technology […]

In a direct challenge to the type of industrial-grade efforts that have transformed once-lone cryptocurrency miners into multi-billion-dollar oligarchies, Zcoin has held itself up as the first cryptocurrency to “democratize” mining using Merkle Tree Proofs, a PoW algorithm for ASIC-resistance. According to the team behind the zero-knowledge proof privacy coin, Zcoin’s newfangled feature sticks it […]

Police have arrested a 23-year-old woman from an address in Epping, Sydney where she lives with her parents for allegedly raiding a 56-year-old man’s cryptocurrency wallet and transferring more than 100,000 XRP to an exchange in China. In a video report on Oct. 25, 2018, the Brisbane Times revealed that while the case is the […]

The rapid launch of several stablecoins offerings in 2018 seems comparable to the ICO boom in 2017, with most price-stable tokens built by premier crypto companies or invested in by venture capital funds. However, such developments look largely centralized – which defeats the significance of cryptocurrencies – and forms an area of concern. USDC Controversy […]

Binance released a report Oct. 24, outlining its role in the aid of the victims of the 2018 West Japan floods. According to the report, the exchange donated 63.03 BTC and 169.85 ETH, the combined fiat equivalence of which exceeded $500,000 at the time of donation. The 2018 Japan Floods Japan suffered the worst flood […]

Ten years after the launch of Bitcoin, the cryptocurrency market remains in its nascent stages. While a lack of real-world applications and widespread crypto-usage creates questions about the innovation’s long-term viability, a prominent financial advisor predicts the market has potential to 50x from here. 5,000 Percent Increase Nigel Green, the founder, and CEO of financial […]

Shark Tank investor Kevin O’Leary led a $100,000 investment in a cryptocurrency application that converts spare change on credit card purchases to a user-selected cryptocurrency, reported CNBC on Oct. 23. Converting Spare Change to Crypto Called Bundil, the application was aired on a recent “Shark Tank” episode – a reality T.V. show which televises entrepreneur pitches […]

According to transaction data from Tether’s accounts, it took 500 million USDT permanently out of circulation on Wednesday. Tether has just destroyed 500M USDt from the Tether treasury wallet with the following tx: https://t.co/HTG52LaRVh For more information see the announcement here: https://t.co/McLTCGzmJi — Tether (@Tether_to) October 24, 2018 Transfer and Burn The company first transferred the […]

South Korea's $90 million investment in blockchain education positions it at the forefront of global technology fostering.