Ripple partner and startup raises a whopping $1.7 million in funding to improve cross-border payments

SendFriend, a partner of Ripple and a startup that focuses on improving cross-border payments has received a whopping $1.7 million in funding during its first round of investment. The next-generation remittance company focuses on the smartest way to send money to the Philippines which will help overseas Filipino workers to securely transfer USD to PHP…

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Enterprise Blockchain Company – Chronicled Raises $16 Million

Chronicled is a company that has been involved with the cryptocurrency space for some time now, as it was founded in 2014. The company recently announced that they have raised  $16 million in Series A Funding, led by an investment firm out of China on January 15, 2019. About Chronicled Unlike many other companies in the…

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Venezuela’s President Nicolas Maduro raises price of Petro by more than 100%

The Venezuelan cryptocurrency the Petro has increased in value from 3.600 Bs.s to 9,000 Bs.s. The increase was ordered the country’s president who has been working hard to see the cryptocurrency succeeds. Maduro announced the increase in the price of the Petro against the country’s national currency the Bolivars on Thursday last week which took…

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Bitfury Raises $80 million from Korelya, Macquarie, Mike Novogratz

Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc., European investment company Armat Group, European fund managers Jabre and Lian Group, Argenthal Capital Partners, insurance group MACSF and Mike Novogratz’s digital asset…

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Gods Unchained "Raises" $250,000 in a Genesis Sale of Ethereum Based In-Game Items

Ethereum based games are rising as an interesting use case for smart contract powered blockchains with the unique selling point being fairly simple: you actually own the in-game item. Some $50 billion worth of in-game items were traded so far this year, according to Fuel Games, a new start-up that launched EtherBots and now plans to…

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Ethereum Wallet imToken Raises $10 Million from IDG Ventures

While big-name competitors such as Coinbase and Electrum are seemingly the world’s most widely-used cryptocurrency wallets, a lesser known Chinese cryptocurrency wallet called imToken quietly raised $10 million in funding from IDG Ventures on May 30, 2018. The wallet stores over $35 billion in cryptocurrencies, mostly that of Chinese investors. Impressive Wallet Statistics An estimated…

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Blockchain-Based Fantasy Sports Platform MyDFS Raises US$1M; Ex-Facebook Exec Joins Advisory Board

MyDFS, a blockchain-based daily fantasy sports platform, has raised US$1 million from LD Capital and added former Facebook and Skype executive Akin Babayigit into its advisory board, the startup announced on Thursday. Babayigit will help MyDFS with the upcoming global launch of its app. MyDFS said the new funding will be used to improve the…

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World’s First Hybrid Investment Platform, PHI Token, raises £4.7M in first two days of pre-ICO sale

PHI Token, a blockchain project from DIAMAN Capital LTD, has attracted substantial interest from investors during the recent launch of its’ pre-ICO crowd-funding campaign, achieving over $4.7M in its’ first forty-eight hours. PHI Token is the world’s first Robot / Human Asset Management Platform on the Blockchain and is set to disrupt a $90 Trillion…

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PolySwarm Raises $5 Million in Ongoing Nectar Public Token Sale

PolySwarm on track to launch the first decentralized antivirus marketplace SAN JUAN, PUERTO RICO — MARCH 8, 2018 — Decentralized antivirus marketplace PolySwarm today announced it has raised over $5 million USD in its public token sale, selling out the first bonus round. Combined with its private pre-sale, PolySwarm has raised a collective $23 million…

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Morpheus Labs Raises 6,200 ETH in its Private Presale; Inks New Partnership Deals

Morpheus Labs, a Singapore-based blockchain firm has seamlessly raised 6,200 ETH in its private presale exercise. The Morpheus token generation event kicks off on March 9, 2018. Early contributors stand will receive an array of mouthwatering bonuses. Morpheus Labs is a Blockchain-Platform-As-a-Service (BPaaS) for enterprises. The firm’s private presale ended on February 24, on a…

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VideoCoin raises $35M for blockchain to rival Amazon video

Entrepreneur Halsey Minor aims to tap idle computers to process video cheaper than Amazon and Google. Here’s how the blockchain-based system works. Longtime tech entrepreneur Halsey Minor has a plan for tapping into all those idle servers – think of them as “zombie” computers – sitting in data centers and having them process, store and…

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