CoinspeakerY Combinator to Extend Investment Focus to Stablecoins and AI Ventures YC envisions stablecoin adoption mirroring the trajectory of digital music, which shifted from being associated with illegal file sharing in the early 2000s to becoming the standard. Y Combinator to Extend Investment Focus to Stablecoins and AI Ventures
Read More »Coinbase and SFOX Make Y Combinator Top 100 List
It looks like no matter how hard crypto and blockchain try they can’t please everybody. The Y Combinator’s top 100 list of startups is out, and to our disappointment and dismay, only two cryptocurrency and blockchain businesses have made the cut.Y Combinator Only Chooses Two?The two businesses to earn spots on the list were Coinbase, the popular U.S.-based cryptocurrency exchange (which came in at number five), and SFOX, a crypto dealer for institutional and professional traders. Ah, those...
Read More »Encryption Startup NuCypher Raises Over $10 Million from Bitmain and Polychain Capital
Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital and Bitmain and included VC heavyweights Y Combinator, Bitfury, Arrington XRP Capital, Notation Capital, Coinfund and other strategic investors.NuCypher’s token NU was purchased by the investors during the financing process. The $10.7 Million raised in NU tokens represents 8% of the total supply of the tokens...
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