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Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to statements from its COO, Gene Hoffman. The company just received an influx of investments that are pointing it to become the next ‘green bitcoin substitute,’ due to its relatively low energy consumption compared … Read more
The VC firm is looking to raise a considerable sum to put towards crypto investments. Go to Source Powered by WPeMatico
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has … Read more
Several other high-profile investors contributed to the raise, including Coinbase Ventures and Galaxy Digital. Go to Source Powered by WPeMatico
Will this new funding round pave the way for OpenSea to become the Amazon of NFTs? Go to Source Powered by WPeMatico
Optimism has been on a hiring spree and plans to expedite its mainnet launch after securing backing from Andreessen Horowitz. Go to Source Powered by WPeMatico
According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. The prominent schools have been reportedly leveraging exchanges like Coinbase and other trading platforms. Prominent university endowments have been quietly purchasing digital currencies according to a report … Read more
A regulation exec at the world’s largest stock exchange is leaving his role to enter crypto. Go to Source Powered by WPeMatico
The California-based private American venture capital firm, Andreessen Horowitz, has published a documentary called “Crypto Startup School.” The documentary is different from other blockchain films, as the 30-minute video shows some of the procedures leveraged while invoking a crypto-focused startup. On October 9, 2020, the company Andreessen Horowitz published a new documentary on Youtube called … Read more
At the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement the money will be used for promising blockchain and fintech startups in Series A and seed investments. On October 6, 2020, the Los Angeles-based venture … Read more
