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Posts Tagged ‘Startup’

Blockchain Startup ConsenSys Seeks $200 Million From Outside Investors

New York-based blockchain company ConsenSys is reportedly seeking investors to raise $200 million, technology media outlet The Information reported on April 15. According to sources familiar with the matter, ConsenSys is trying to attract outside investors to raise $200 million. The company’s executives reportedly talked to investors in Hong Kong and South Korea, however as…

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Blockchain Startup Horizen Labs Doubles Target to Raise $4 Million

Just-launched blockchain technology startup Horizen Labs has raised $4 million in a seed funding round. Participating in the round were VC firms Digital Currency Group (DCG) and Liberty City Ventures, as well as other independent investors. The U.S.-based startup had initially been looking to raise $2 million, but ultimately received double its target amount, it said…

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Blockchain and DEX Startup Radar Releases New Lightning Network Developer Tools

Radar, the startup behind decentralized exchange Radar Relay that raised $10 million last year, announced that it will release new Lightning Network developer tools. The statement was made in a Medium post published on April 5. The developer tools, which will be released at the Lightning Network hackathon sponsored by the company, Boltathon, include a…

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Startup Behind Ethereum DEX Releases Lightning Developer Tools

The startup Radar, which raised $10 million in a series A funding round last year, has revealed a new suite of tools for developers working on the lightning network, bitcoin’s second layer for scaling payments. To be released at the Boltathon hackathon, the developer tools include a configuration helper for setting up a lightning node…

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Coinbase, Paradigm Invest $15 Million in Startup Behind Disappearing Blockchain

A blockchain that makes its blocks disappear has raised a fresh $15 million. Coda protocol, announced last May as the first project of the startup O(1) Labs, was initially backed by a seed equity round from MetaStable, Electric Capital, Polychain and AngelList co-founder Naval Ravikant. Now, investors Accomplice, Coinbase Ventures, Paradigm and General Catalyst are…

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Former Simple Bank Co-Founder Unveils New Blockchain Payments Startup

A new startup launched by the former co-founder of Simple Bank wants to provide early-stage fintech startups with traditional banking service functionality. Sila, founded last year and until now operating in private alpha test phase, unveiled an open beta Thursday, inviting developers of fintech firms – including blockchain and crypto startups – to begin building new…

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New $50 Million Fund Makes First Investment in Blockchain ID Startup

A new $50 million VC fund has been set up by Nasdaq-listed company Okta to invest in early-stage technology startups, including those working with blockchain. Okta, which provides identity management solutions, announced the Okta Ventures Fund Wednesday, adding that it has made its first investment in blockchain-based identity startup Trusted Key. The investment amount was not disclosed.…

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