Crypto Based Funding: ICOs Raised $14 Billion in 2018

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A recently published report by the Crypto Valley Association & PwC Strategy shows that Initial Coin Offerings (ICOs) are a popular method of funding. Between January and May 2018, a whooping sum of $13.7 billion has been raised by 537 ICOs alone. Compared to the present success, 3470 ICOs raised only $21 billion since 2013. … Continue reading “Crypto Based Funding: ICOs Raised $14 Billion in 2018”

IBM and Intel Funding San Diego Blockchain Lab

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Revolutionary by nature, blockchain is a way to distribute data across multiple servers in a fixed, and un-hackable format.  No wonder technology companies are waking up to the potential opportunities it provides. IBM and Intel Fund San Diego Lab These tech giants are funding the launch of a research lab at UC San Diego to … Continue reading “IBM and Intel Funding San Diego Blockchain Lab”

Blockchain Startup Veem Closes Funding Round Led by Goldman Sachs

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Veem, a blockchain payment startup, recently closed a $25 million funding round. Goldman Sachs led the funding round as per the company’s announcement on Wednesday. About Veem Veem was rebranded from Align Commerce.  Investors include Silicon Valley Bank, GV (formerly Google Ventures), Kleiner Perkin,s and Pantera Capital. These companies participated in the new strategic round. … Continue reading “Blockchain Startup Veem Closes Funding Round Led by Goldman Sachs”