Startups

Where to Invest in 2020?

Where to invest in 2020? TOP 5 directions. Where to invest money online or offline this year, how to “buy time” and receive interest even when you are not working? Where to invest in 2020 in order to receive monthly income, how best to do it, as well as several important recommendations from professionals in...
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Crypto is 2019’s Most Overhyped Trend For Start Ups

It seems that cryptocurrency is the most overhyped trend for both founders and employees at startups. The information comes from First Round Capital’s annual State of Startups report.Also receiving a disproportionate amount of interest from both groups were artificial intelligence/machine learning and virtual/augmented reality.Optimism for Crypto Doesn’t Match Reality, According to Startup Founders and EmployeesFirst...
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Crypto Startups to Get up to $75,000 From the Government of Ukraine

Ukrainian crypto companies can now receive up to $75,000 each in the form of government sponsored grants. A special fund set up by the authorities in Kiev is already accepting applications from startups in various high tech sectors including the blockchain industry. Over $1.5 million will be distributed by the end of the year. Also...
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Santander Buys Majority Stake in Startup Ebury for £350M

Banco Santander is to pay £350 million for a 50.1% majority stake in Ebury, a provider of corporate banking services to SMEs that trade internationally. Spanish bank Banco Santander SA on Monday announced it is acquiring a major stake in the British payments platform Ebury. The price of this acquisition is, according to the announcement,...
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Walmart and Green Dot Cooperate to Build Fintech Accelerator

Walmart and Greendot have created a new fintech accelerator called Tailfin to encourage startups to join this industry. In what seems like a match made in heaven retail giant Walmart and financial services company Green Dot have both decided to extend their partnership beyond the Walmart MoneyCard Program and to build an accelerator that will...
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Startup Arm of Software Giant Oracle Names 20 Companies for Chainlink (LINK) Initiative

Oracle is one of the biggest software companies in the world. As such, the firm’s startup division made waves in the cryptoverse back in June when it unveiled an initiative to help select startups monetize their APIs using Chainlink’s decentralized oracle technology. Now we know the first companies set to participate in the innovative effort....
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Bitcoin Mining Startup Layer1 Raises $50M from Peter Thiel, Shasta Ventures and Others

Bitcoin mining startup Layer1 will run its own power sub-station and utilize solar and wind energy generated on the plains of West Texas. Layer1, San Francisco-based startup involved in Bitcoin mining, has raised $50 million in an effort to live up its plan to establish farms for mining. The money has been received from such...
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Facebook’s Calibra Sued By Mobile Banking App Over Similar Logos

news Facebook’s Calibra is being sued for trademark infringement by mobile banking app Current, adding a potential legal showdown to the beleaguered Libra digital currency project’s growing list of woes. The complaint, filed Thursday in the U.S. District Court for the Southern District of New York, alleges that the Calibra logo is too similar to...
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TRON, Stellar Join Mousebelt’s Blockchain Education Alliance to Train Student Developers

news Crypto firms need young developers, university students need jobs and a new alliance of blockchain educators wants to give both a hand. The Blockchain Education Alliance will address crypto recruiters’ perennial high-demand-and-low-supply quandary with a raft of tools, resources, mentorships and industry contacts that it hopes will create a new generation of students in...
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Take Note of the Republic of Title III: Compliant Crowdfunding Beyond Crypto

Republic is an investment platform that enables anyone to invest in startups: accredited or otherwise. The company has today announced the expansion of its Note reward token program. Five companies have already raised equity to the tune of $1 million each. The SEC-registered, FINRA-licensed Republic platform is a member of the startup platform ecosystem that...
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ConsenSys Supports 7 More Ethereum Startups With $175K Grant

ConsenSys’s grants scheme continues a commitment to fund Ethereum innovation throughout 2019 and is now in its third round. Ethereum venture production studio ConsenSys has selected seven new Ethereum-based projects to support with $175,000 of funding. ConsenSys recognizes “more unique ideas” Speaking to crypto industry media outlet CoinDesk on Oct. 10, the company’s head of...
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China Merchants Bank’s Latest Crypto Partnership Includes STO Investment

feature The Chinese government is indirectly participating in a security token offering (STO). The Nervos Network STO kicks off on Oct. 16, aiming to raise an undisclosed amount within two weeks through the CoinList platform. So far, Polychain Capital confirmed to CoinDesk it will contribute $5.7 million to the STO, in addition to previous investments....
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What’s in a Name? Crypto Rebrands, From Ripple To Tether And NEO

At Crypto Briefing, we spend all day with our heads buried in the crypto markets and even for us, it’s sometimes still a challenge to keep track of all the comings and goings. Today’s hot new startup can quickly become tomorrow’s deadcoin. There have been so many forks of Bitcoin and Ethereum, they could fill...
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Overstock-Funded Bankorus Has No Money Left, Says $1M Shareholder

In an open letter to other investors, Sonic Zhang says Bankorus’ co-founder has revealed that the firm is all but bankrupt. The largest shareholder in Overstock-funded blockchain wealth management startup Bankorus has claimed that the firm has no money left. In a statement issued on Oct. 6, Sonic Zhang said that previous funding deals for...
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Microsoft, Intel Back Ethereum-Based Token to Reward Consortium Efforts

The Enterprise Ethereum Alliance (EEA), the consortium charged with creating standards for businesses to build applications using the ethereum blockchain, has created a system of reward tokens to incentivize groups of companies. The system is backed by Microsoft and Intel. Showcased Tuesday at Devcon 5, the annual ethereum developers conference being held in Osaka, Japan,...
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Verisart Raises $2.5M to Expand Its Blockchain-based Art Verification Services

Verisart’s funding will be spent on extending the product and engineering team as well as launching a suite of premium services aimed at artists, galleries and collectors.  Verisart is a platform designed to conduct certification and verification of artworks of different types which is carried out with the help of blockchain. Now it has become...
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Aerum Is to Become Fuchsia Network

ASR Cryptotechnology is getting ready to introduce its new blockchain that will be known under the name Fuchsia Network. Founded in 2017, ASR Cryptotechnology is a blockchain startup that is building a result-driven smart contract platform. It is headquartered in Czech Republic, and the main aim of its activity is to offer business solutions that...
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Bankers Start to Recognize Bitcoin’s Role in Financial Evolution

Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that clever businessmen in any industry, banking is no exception, would quickly spot emerging competition, analyze its strengths, and...
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MediConnect Prescribes Blockchain For Pharmaceutical Industry

Supply chain blockchains aren’t just for tracking your organic vegetables. MediConnect, a new project building a blockchain-based solution to trace and manage prescription medication, has successfully completed the workflow of its Proof of Concept and has begun integrating with online pharmacies. The blockchain project will provide a platform on which prescription medication can be tracked from...
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Swiss Banks Team With Fintechs to Enter the Crypto Space

Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards the growing crypto industry. The latest partnership between a traditional institution and a fintech startup...
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Crypto Startup Projects Failed To Publish A Single Code Line in 2019

The latest cryptocurrency news show that crypto is a valuable skill that is needed in a lot of organizations. It seems like the United States National Aeronautics and Space Administration (NASA) is one of them. According to a recent ad, NASA is hiring a data scientist which will have crypto and DML as his background...
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Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will

Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing to occupy this...
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Nexo Tokens Could Make Dividends Sexy Again

Debts products and dividends-paying stocks hardly have the same sex appeal as surging equities, but Nexo could soon change that in the crypto landscape. Today’s negative interest rates, pressure on traditional equities, crypto volatility, and a prolonged bear market are playing into the hands of what is becoming one of crypto’s best bets: high interest...
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ICOs Often Fail—But With Orbs, Who Needs Them?

The ICO boom of 2017 won’t be forgotten any time soon. In addition to a wave of valuable (and not-so-valuable) Ethereum-based projects, it also brought failed ICOs and outright scams. At least, that’s the position of Orbs, a new platform for enterprises that want to create blockchain apps. “Most ICOs that raised funds with cryptocurrency...
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The Success of a Blockchain Project Could Hinge on the Right Exchange Listing

The quest to develop and implement the real-world applications of blockchain technology is at its peak as the community races against one another to be the first ones to create something that could soon become the standard for that industry. However, irrespective of the effort, if these initiatives remain obscure, it will amount to nothing.For...
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Facebook Isn’t Behind the First Incubator for Libra Crypto Developers

The Takeaway: An Israeli startup called Libracamp is funding development on Facebook’s Libra testnet. More than 80 projects have applied for the five spots in Libracamp’s initial virtual bootcamp, which starts in November. Even though Facebook admitted in a recent SEC filing that regulatory pushback may prevent Libra from launching, Libracamp remains undaunted. The Libracamp...
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Blockchain Investors Have New Criteria For Funding Decisions: “Revenue Generation”

Blockchain investors’ tastes are changing, it appears. A new report reveals some interesting numbers regarding the quantity of money flowing into blockchain since 2013, with more than $23 billion mostly piling into early-round investment. A shift is taking place in terms of which geographic regions and vertical segments of the industry are seeing investment beyond...
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This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank

The Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. This DAI strategy is increasingly common among ethereum-centric startups. MakerDAO and Monolith are now collaborating to connect DeFi loans to a European Visa debit card. Ether fans can spend crypto...
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How Blockchain Projects Can Succeed (And Avoid Legal Hassles) in the USA

If you started your legal career more than 30 years ago in the Securities and Exchange Commission’s (SEC’s) Enforcement Division by suing a company offering geographical dental licenses on the theory they are “investment contracts” and thus “securities” subject to registration under the federal securities laws,*[1] you learned a few things. Among them are invaluable...
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