TechNews Report

UNICEF Funds 6 Blockchain Startups to solve global challenges

December 11, 2018
All, BlockChain, Social Startups, Start Ups and Innovations, Startup Funding
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Announced Monday, UNICEF is investing $100,000 in six blockchain startups to “solve global challenges using blockchain technology,” ranging from healthcare delivery transparency to managing finances and resources. The investments are part of…

Crypto crash causing startups to scale down operations

December 7, 2018
All, BlockChain, Start Ups and Innovations
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The plunge in the cryptocurrency market is weighing on the software-development community that spawned over 1,000 digital coins. ETCDEV, the startup that led development on Ethereum Classic, which is among…

New Venture Capital Fund Secures $100M to Invest in Crypto Startups

October 11, 2018
All, BlockChain, Start Ups and Innovations, Startup Funding
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Dragonfly Capital Partners, a new crypto-focused venture capital firm, has announced the launch of its first $100 million fund dedicated to investments in crypto assets. Its investors include Okex, Bitmain…

Kenya to create a local cryptocurrency?

According to reports, Kenya’s blockchain & artificial intelligence taskforce has proposed a digital asset registry and a digital currency for the country citing that they can create trust. The taskforce's…

Who are The VC Firms Behind Billion-Dollar Crypto Startups

July 16, 2018
All, BlockChain, Start Ups and Innovations, Startup Funding
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The number of crypto organizations achieving the “unicorn” status — privately held start-up companies possessing a current valuation of $1 billion USD or more — has been increasing steadily due…

Startups duo seeks €19m in ICO for crypto exchange

July 9, 2018
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Two Irish entrepreneurs Joe Haslam and Conor O'Connor are seeking up to €19m in an initial coin offering, ahead of the launch next month of Local Token Exchange (LTE), a…

Gift Card Startup zeexs raises $12 million from Sonic Zhang

July 5, 2018
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Zeex, an offshoot of the Israeli gift card startup Zeek Mobile Ltd has secured $12 million from Chinese entrepreneur Sonic Zhang. Zhang has committed to spending 25,000 ether, which is…

Republic raises $12 million to Tokenize platform

July 4, 2018
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Republic, a retail investment platform affiliated with AngelList, announces it has closed a $12M round to finance the tokenization of the Republic platform and the development of its own security token. The round was…

Startup Raises $600K to Build Bitcoin Cash Mobile Wallet

June 30, 2018
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On Friday, blockchain startup CoinText.io that's developing away to conduct offline bitcoin cash transactions, closed a $600,000 seed funding round. The funding round was led by Texas-based Yeoman's Capital, which has…

Korean crypto exchange Bithumb lost over $30M following a hack

Seoul-based virtual currency exchange Bithumb has been hacked and 35 billion won ($31.51 million) worth of virtual currency held at the exchange stolen, the exchange said on Wednesday. This is…