Funding

Bitcoin Trading Platform Coinigy Raises $400k

Coinigy has raised $400,000 in seed funding to develop an updated version of its bitcoin trading platform. The funding comes more than a year after the US-based startup raised $100,000 to offer traders real-time charts, news feeds and technical indicators. According to the startup, the new funds come from a …

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Dubai Government Seeks Blockchain Projects for Startup Fund

A technology initiative backed by the Dubai government has launched a $275m startup investment fund (1bn AED) organizers say will likely back blockchain projects. Announced last week, the Dubai Future Foundation officially opened the Dubai Future Accelerators initiative, a 12-week startup program based in the United Arab Emirates that will …

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Why Big Bank Blockchain Leads Are Leaving for Startups

Recent months have seen blockchain innovation professionals departing legacy financial institutions for smaller startups, but the motivations driving this shift in the industry are less than clear. To date, it’s been one of the less-discussed trends of 2016, given the lack of public dialogue from the major firms affected and …

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UK Government Seeks Distributed Ledger Projects in £15 Million Competition

The UK government has launched a new technology competition, inviting submissions related to distributed ledger technology. Innovate UK’s Emerging and Enabling Technologies programme, a branch of government that looks to “identify and speed up” technology by funding innovative businesses, will award up to £15 million to competing companies. The competition …

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Blockchain Database Startup BigchainDB Raises €3 Million

A startup seeking to scale blockchain for enterprise use has raised €3m ($3.37m) in venture capital to do for databases what bitcoin’s blockchain did for ledgers. Led by Earlybird Ventures and featuring participation from Anthemis Group, RWE Ventures, innogy SE and Digital Currency Group, BigchainDB’s Series A round is intended …

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Blockchain Identity Startup Netki Raises $3.5 Million

With most of the energy in bitcoin focused on infrastructure issues, creating a more user-friendly environment for new users arguably hasn’t been top of mind. However, this isn’t stopping startups from moving ahead on this objective. Toward this goal, digital identity startup Netki has announced it has raised $3.5m in …

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