Startups

SPAC Blockchain Coinvestors Files $250M IPO

Special Purpose Acquisition Company Blockchain Coinvestors has filed for a $250 million IPO, according to an SEC filing.Sponsored Sponsored Blockchain Coinvestors Acquisition has filed for a $250 million IPO, according to a United States Securities and Exchange (SEC) filing. The preliminary prospectus notes that each share will be available at an offering price of $10. Blockchain Coinvestors Acquisition is a blank check company that is based in the Cayman Islands. The prospectus describes the company as “focused on identifying unique business concepts with high-performing organizations that have both aspirations to

Finding the Best PR and Marketing Agency for Your Blockchain, NFT, and DeFi Projects

Blockchain technology and its underlying use cases are currently the “talk of the town.” With each passing day, its popularity has grown, especially since introducing cryptocurrencies such as Bitcoin and, more recently, Ethereum. Everyone wants a piece of the action and wants to learn about and understand the technology heralded as the world’s future. Unfortunately, due to this technology’s technicalities, blockchain, despite being very popular and innovative, can be pretty challenging to understand. Several blockchain-based startups have emerged over the years, but most of them have failed due to an

Uncomfortable Truths of Trading And What to Watch Out For

There are some uncomfortable truths about trading crypto, which many people refuse to acknowledge. For instance, everybody — no matter how they play the market — is part of an emotional scheme. That means you, too. Thierry Gilgen, CEO of MachinaTrader, takes a deeper look into how social media channels dominate information about cryptocurrencies. The market is not purely mathematics. Raw human emotions play a big role, and that includes you potentially getting played. It is easy to be carried away while trading and make an emotional-based decision that results

How to Restore Your Faith in Government

Images courtesy of MIT Video Productions Here’s the announcement of the new blockchain education program with the Massachusetts state government. It’s a big deal. We have a vision for where this kind of partnership can go, when governments begin educating themselves on the power of bitcoin and blockchain. That vision can be summed up in two words: Kendall Square. Kendall Square, then. The Kendall Square neighborhood lies next to the Massachusetts Institute of Technology, stretching along the Charles River that separates Cambridge from Boston. (Here’s a map.) Although you’d think

China: Loudi City Mayor Promotes Blockchain to Fight Crime

The mayor of Loudi, a city in China’s Hunan province, has characterized blockchain technology as a powerful “weapon” that can effectively tackle crime.At a meeting of Loudi’s Municipal Public Security Bureau on Aug. 10, Mayor Yang Yiwen responded to reports on the progress of a trial blockchain project that is currently being conducted by the bureau and a local technology firm. The project combines blockchain technology with multi-party computing and big data to improve trusted data exchange and information traceability across a collaborative network. This network unites telecommunication network operators, banks and

TikTok Ban: The Beginning of a New Age in Social Networks?

President Donald Trump has signed an executive order that forbids American companies to transact with Tencent and Bytedance. The ban comes after a long debate involving alleged data mining from apps like WeChat and TikTok. Following the ban, Tencent shares fell 5%. American companies will effectively have 45 days to stop transacting with these companies. The ban is sparking worldwide debate regarding the boundaries of national security. Is this an opportunity for decentralized social media platforms to step up? Tencent and the Yuan Plummet The announcement was immediately felt on

Adam Back: Some ICOs Funded Useful Research Despite Being Unethical

Adam Back recently took to Twitter with controversial comments on many of the industry’s largest crypto projects — including Ethereum (ETH), Cardano (ADA), Ripple (XRP), and Stellar (XML). His tweets placed these projects in the same category as a number of bonafide scams, which he considers to have been orchestrated as “premines”.We interviewed Back in order to clarify his position on the matter, starting with questions of how he feels about Satoshi Nakamoto essentially premining over one million Bitcoin. Back responded that “Bitcoin has no premine”, adding that he considers

10,000 New Blockchain Firms Established in China So Far in 2020

With over 10,000 new blockchain firms emerging in China in 2020, the number of companies developing solutions based on the novel tech appears set to cross the 90,000 mark. China remains a blockchain hub with Beijing’s anti-crypto stance not extending to companies looking to leverage decentralized ledger technology (DLT). The country’s Blockchain-based Service Network (BSN) is also looking to foster greater public-private partnerships in the sector. New Chinese Blockchain Firms in 2020 Surpass 2017’s Total According to figures from crypto market data provider LongHash, China’s blockchain startup scene has grown

Why Klaytn and Link Will Catalyze Blockchain Adoption in Asia

In the last two years, popular messaging giants in Asia and Europe have announced plans to launch a blockchain-powered cryptocurrency. In Asia, Kakao’s Klaytn and Line’s Link platform have launched and are quickly gaining momentum, but Facebook and Telegram’s cryptocurrencies have not fared so well. Messaging Giants Pushing Blockchain Adoption As it stands, Kakao is by far the most dominant mobile platform in Korea with a market share of 97% in the country. Kakao subsidiary Ground X began development of Klaytn back in 2019, after raising $90 million in both

Chicago DeFi Alliance Launches to Save Decentralized Finance

Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector.Introduced on April 7, the Chicago DeFi Alliance (CDA) aims to provide DeFi-focused startups and entrepreneurs with support and guidance in complying with trading regulations and other applicable requirements.Chicago DeFi Alliance to share its expertise to boost DeFi liquidity and marketsAccording to a blog post by crypto fund Volt Capital, a founding member the CDA initiative, the alliance also includes major