Avalanche ecosystem accelerator raises $18.5M in seed funding

Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the next generation of Avalanche blockchain projects, underscoring heightened demand for the proof-of-stake ecosystem.  The investment round was led by the Avalanche Foundation, an organization overseeing ecosystem development grants, with additional participation from Shima Capital, HashKey, GBV Capital and Bixin Ventures. Members of the Avalanche community also […]

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Kleiman v Wright jury still out, what will decide and how?

The jury in the history-making Kleiman v Wright trial is still deliberating on a verdict, and their decision could change both Bitcoin’s future and perceptions of its past. The amounts of money in question could reach hundreds of billions of dollars, setting a new record for personal litigation. Why is it taking so long to decide, and what could be going through […]

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FBS CopyTrade Gets a Brand New Look and Interface

FBS CopyTrade, a social trading platform, has fully renewed a trader’s profile and made investing communication between market performers more informative. FBS CopyTrade raises the standards FBS CopyTrade is the app that allows profiting without spending much time or putting much effort into it. The app is suitable even for people without any trading experience, which is possible thanks to […]

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Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status

2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong signal that venture capital sees growth potential in the region.  The Series B fundraiser had participation from United States-based funds 10T and Tribal Capital, as well as Brazilian companies Traders Club, Pipo Capital […]

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AFG Announces Acquisition of Fintelligence for $52.2 Million

Australian Finance Group (AFG) has increased its presence in the region through the acquisition of Fintelligence, one of the prominent asset finance aggregators. The Group has acquired a 75% stake in Fintelligence for $52.2 million. Additionally, the Australian Finance Group has an exclusive option to purchase the remaining 25% stake in Fintelligence over the next three and a half years. […]

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Bitcoin and disruptive innovation

Have a look at any recent list of ideas for exciting technological innovations and blockchain will be at the forefront. There are no shortages of proposed blockchain applications, promising the disruption of everything from simple bookkeeping up to the entire global financial system. “What an exciting time! IBM, JP Morgan, and Facebook are considering blockchain-based products…” So now, 13 years […]

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Bitcoin’s First Halving Occurred 7 Years Ago

The first Bitcoin (BTC) halving took place 7 years ago on November 28. This was a very important milestone for the Bitcoin network as the reward for miners dropped from 50 BTC per block to 25 BTC per block. The interesting thing about it is that the price of the largest cryptocurrency in the market was just $12 compared to […]

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