ICOs had been one of the hottest trends of 2017, collecting over $5.6 billion. Initial Coin Offerings (ICOs) is a token sale where companies sell their own cryptocurrencies on the blockchain and raise funds in return. In most of the cases millions of dollars were raised by blockchain startups that offered nothing more than a […] More
Brex, a fintech startup, has introduced credit cards for venture-backed startups and has raised $57 million in new venture capital. Spending lots of money to get hyper-growth might get companies funding from venture capitalists however it cannot get them credit cards from banks. Henrique Dubugras and Pedro Franceschi, who had an AR startup at Y Combinator, […] More
Nintendo’s E3 2018 press conference which kicked off on Tuesday June 12th was full of announcements regarding updates for veteran franchises and some new content for its Switch console. As anticipated, most of the screen time was devoted to Super Smash Bros. Ultimate, which will be coming at the end of this year and will […] More
South Korean cryptocurrency exchange Coinrail fell victim to a hack on Sunday losing 30 percent of its crypto funds worth nearly $40 million. According to CoinMarketCap, Coinrail is among the top 100 crypto exchanges in the world handling $2.48 million in transactions over a period of 24 hours, prior to the hack. The exchange halted […] More
Ripple’s former CTO, Stefan Thomas has launched a new smart contracts platform called Codius and its pretty much going against Ethereum. Codius was released in beta by Ripple in 2014 and was later discontinued in 2015. After his departure from Ripple in May this year, Thomas started his own company Coil and has now launched […] More
Hundreds and thousands of developers crowded into San Jose, California on Monday as Apple kicked off WWDC 2018, its annual developer conference. Here are the important highlights from WWDC 2018: iOS Apple announced that it will be rolling out iOS 12 later this year supporting iPhones and iPads released after 2013 which means that the […] More
Japanese financial giant SBI Holdings announced on Monday the launch of its cryptocurrency exchange called ‘VCTRADE’ after a 15 month delay due to some security concerns. SBI says that the crypto exchange will initially focus on trading XRP, the native token of Ripple, and will also add support for Bitcoin (BTC) and Bitcoin Cash (BCH) […] More
Microsoft is in talks to acquire the software developer platform GitHub, according to a Business Insider report. A source familiar with both the companies said that Microsoft and GitHub came together a couple of times in the past few weeks to discus a joint marketing venture worth $35 million and are currently pondering upon a […] More
World’ largest cryptocurrency exchange by daily trade volume, Binance announced a $1 billion venture capital fund focused at backing crypto and blockchain startups. The Community influence Fund was announced by Ella Zhang head of Binance Labs at an online meetup today. The investment will be made in Binance’s digital token BNB coin. The “funds of […] More
China-based ethereum wallet imToken announced on Thursday that it has raised $10 million in Series A round from venture capital firm IDG Capital. IDG Capital has already made a number of investments in cryptocurrency startups and businesses including Coinbase and Circle while imToken is the latest addition. “imToken has developed its product into one of […] More
Asus announced the mother of all boards called the H370 Mining Master Motherboard specifically designed for crypto mining that can support up to 20 GPUs – yes 20 GPUs, allowing miners to power an entire mining farm using a single motherboard. The H370 mining motherboard (with an LGA 1151 CPU socket) follows up on the […] More
Ant financial Services Group, China’s operator of biggest online payment platform by market share, Alipay, has raised $10 billion in funding from local and international investors, according to five people familiar with the matter. Ant’s first fundraising focused at global investors has brought the firm’s valuation to a staggering $150 billion, the people revealed. The […] More
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Beth Pattinson