Placeholder Leads $2 Million Seed Round for DeFi Services Provider Zerion

“Back in the ’90s many of us intuitively understood the Internet was a powerful new infrastructure but it took Marc Andreeseen with Mosaic and then Netscape to make this powerful new infrastructure accessible to a broader audience,” he said in the statement. “DeFi, or decentralized finance, feels just as profoundly transformative today as the Internet did then, but it is still too hard to use.” Source link

Singaporean Gov’t Blockchain Platform Facilitates $15.7 Million in Fundraising

The Singaporean government-backed blockchain platform Tribe has helped raise another $15.7 million for participating companies through its ecosystem. In a press release shared with Cointelegraph on Dec. 2, Tribe Accelerator revealed that a total of $28 million had been raised to date to support start-ups from around the world attempting to solve real-world problems with blockchain technology.  The first group of startups reportedly raised over $12.2 million within three months. Managing partner of Tribe Accelerator Ng Yi Ming commented: “Another successful round of fundraising underscores the relevance of blockchain technology…

Major Twitch Star Reveals Tempting $1.2 Million Offer to Change Sites

Twitch star Trainwreckstv reveals he was offered $1.2 million to leave the site. He was forced to turn the deal down because of his Twitch exclusivity deal. If he had moved, Trainwreckstv would be one of several other popular Twitch streamers to leave. In an episode of his Scuffed podcast, Twitch streamer Trainwreckstv revealed that he had been offered $1.2 million to leave the site. Trainwreckstv, who has 411,514 followers on Twitch, didn’t name the site but did confirm that it was a Chinese streaming company. That is a huge…

Gods Unchained Transfers 6 Million Cards Over Ethereum in 3 Days

Blockchain card game Gods Unchained has registered a record number of transactions on the Ethereum ERC-721 standard. Despite eclipsing CryptoKitties transactions in a matter of days, Gods Unchained is not clogging up the blockchain. The Gods Unchained marketplace will soon go live and provide a useful test-case for the future of Ethereum gaming. Crypto asset market research firm CoinMetrics has confirmed a huge spike in blockchain card trading over the last three days. The bulk of the transactions have come from the Hearthstone-inspired game Gods Unchained. According to CoinMetrics, transactions…

Canaan Targets $100 Million Through US IPO

One of the most significant developments of the past few months in the crypto sphere has been the potential initial public offering of Bitcoin miner maker Canaan. The company is the second-biggest company in the category, and its IPO is all set to be one of the biggest events in the crypto space this year. In a new development, the company stated that it wishes to raise as much as $100 million from its IPO in the United States. The statement is a bullish one and goes to show that…

Ledger Vault Secures $150 Million Crime Insurance Policy for Digital Assets

Ledger Vault, the custody arm of hardware wallet manufacturer Ledger, has procured a crime insurance policy developed with broker and risk advisory firm Marsh and insurance company Arch Insurance Limited. According to an announcement on Nov. 14, the Ledger Vault platform now provides its users a customized crime insurance program for cryptocurrencies for up to $150 million. The program applies to third-party theft of the master seed and private keys, secure transmissions of the master seed fragments, and insider Ledger employee theft caused by collusion. Commenting on the new offering,…

Bitcoin Miner Maker Canaan Sets $100 Million Target for US IPO

Canaan, the world’s second-largest bitcoin miner maker, intends to raise about $100 million in its initial public offering (IPO) in the U.S. The Hangzhou, China-based manufacturer of the Avalon bitcoin miner updated its IPO application with the U.S. Securities and Exchange Commission (SEC) on Wednesday. It’s aiming to offer 10 million American depositary shares (ADS) with each at a price of between $9 and $11. If Canaan receives enough investment interest, the offering would rake in $100 million, making it the first major bitcoin miner maker to go public in the traditional stock market. With that…

Data Provider Messari Closes $4 Million Funding Round

Data provider Messari has closed a $4 million funding round led by Uncork Capital with new participation from Coinbase Ventures and former Coinbase CTO Balaji Srinivasan, according to a statement from the New York-based firm. As part of the deal, Uncork’s founder Jeff Clavier was named to Messari’s board of directors. Uncork joins existing Messari investors including Blockchain Capital, CoinFund, Danhua Capital, Fabric Ventures, Semantic Ventures and Underscore VC, among others. In a statement, Messari co-founder and CEO Ryan Selkis described “one of the industry’s toughest problems” as being the…