News

Blockchain research firm Chainalysis released a report stating “whales,” or holders with a large token holding, are stabilizing cryptocurrency prices, instead of the popular belief that they manipulate the $215 billion crypto market. Whales Stabilize BTC Prices The rumors seem to originate from outsized bitcoin holders selling off their currencies at periodic intervals, causing considerable […]

An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency. YuanCoin to Arrive? The views were written in an op-ed piece published on Oct. 9 by CN Finance, a magazine wholly-owned by PBoC, […]

On Oct. 9, the Cardano (ADA) team released a video updating investors and the public about the progress of Project Shelley, which the firm touts as a path to the protocol’s “full decentralization.” Cardano Moves Towards Complete Decentralization The video is narrated by Liz Bancroft-Turner, a project manager at Cardano’s parent firm IOHK. Shelley is […]

Dragonfly Capital Partners, a fund led by crypto investor Alexander Pack and experienced Chinese venture investor with 20 years of experience Bo Feng, has raised $100 million for its first fund to invest in cryptoasset startups. Alexander Pack previous managed crypto and fund investing at Bain Capital Ventures, while Bo Feng is a founding partner […]

Southern California company Glen Oaks Escrow announced on Oct. 9th that it will begin accepting payment in Bitcoin and Bitcoin Cash through BitPay. Glen Oaks states in their official release that they made the decision to start accepting BTC as payment due to the rising number of properties being sold for BTC, citing a home in Lake […]

Cybersecurity software company Palo Alto Networks reports that miners looking to use your computer to expand their hashing power are getting sneakier. New fake Adobe updates are circulating that will actually update the plugin on your computer, but also install illicit mining malware. Hiding Behind Legitimate Sofware These fakes are especially insidious because they do […]

Current decentralized/centralized exchanges are great for the average crypto trader. It allows individuals to purchase crypto with minimal entry barriers. However, it may not be the best option when investors are looking to execute a sizable trade. Fragmented exchanges with low trading volumes compared to traditional markets cause liquidity and slippage issues. The introduction of […]

Leading the way in research and development expenditures of GDP by percent, cultivating a thriving startup culture comparable to Silicon Valley, Israel is one to watch in the world of blockchain tech innovation. An Environment Ripe for Innovative Companies The country’s friendliness toward startup companies appears to be driving much of its recent innovation. In […]

Welcome to This Week In Blockchain Venture Capital, our weekly series detailing blockchain-focused companies that advance and cultivate their mission with venture capital. Clearmatics Clearmatics, a London-based startup building next-generation clearing machines for financial over-the-counter markets, recently closed a $12 million Series A round. Participants in the round included Route 66 Ventures (lead), TNF Capital, and […]

Blockchain-based adult entertainment protocol SpankChain revealed the theft of 165.8 ether (ETH), worth $38,000 at the time. The move occurred after hackers exploited a smart contract bug on the protocol, according to an official release on Oct.9. SPANK is “Spanked” As stated, the hack took place on Oct.6 when the SpankChain team was investigating multiple […]