Blockchain, the open source project building tools for using digital currencies, has announce that it has raised a Series B of $40 million with Lakestar and GV – formerly Google Ventures – with additional participation from Nokota Management and Digital Currency Group.
Besides these participants, existing investors including Lightspeed Venture Partners, Mosaic Ventures, Virgin, and Sir Richard Branson also contributed to the round of funding.
Peter Smith, CEO & Co-Founder, stated: “I’m extremely proud and humbled by the progress we’ve made – millions of active users around the world, exchange partnerships in 34 countries, billions in monthly consumer volume, and an API platform used by some of the biggest companies in our field.”
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Russian-based decentralized crowdfunding and digital asset platform, Waves Platform has had its token Waves added to EXMO, a UK-based cryptocurrency exchange operating in multiple fiat and cryptocurrency pairs.
Sasha Ivanov, CEO of Waves, remarked: “We’re very pleased that EXMO has added WAVES. Although cryptocurrency exchanges operate within a competitive environment, there are few that are fit for purpose.
The Waves platform is gaining traction amongst online and real-world businesses, with multiple ICOs collecting many millions of dollars in Waves-hosted crowdsales.
As a bonus, the two projects have collaborated to launch a cryptographic challenge with USD $5K prize in $DCR. Decred has a history of creating cryptographic challenges with bountiful prizes, and this event has already been launched.
Decred (DCR), the community run and funded cryptocurrency designed Bitcoin developers, has announced that it is supported by Exodus, the desktop multi-asset wallet app which allows users to secure, manage, and exchange blockchain assets.
The Exodus and Decred software are available for Windows, Mac, and Linux.
Ernst & Young LLP have announced the launch of the EY Financial Services Innovation Centre.
The Centre, which will focus on financial services, is a flagship location for EY wavespace™, the EY organization’s global growth and innovation network.
Our Union Square Innovation Centre is a place for experimenting with new ideas, pushing boundaries and truly industrializing innovation.”
Focused on helping financial services organizations achieve breakthroughs at speed and scale, the Centre is also intended to illustrate EY’s commitment to building a better working world, starting locally.
The second Blockchain for Finance Conference is due to be held in Dublin on October the 3rd and 4th this year.
The conference is intended to assist financial institutions in planning routes to commercialisation, helping move DLT projects from POC to deployment.
Ten host sponsors, including Barclays, State Street, Credit Suisse, Bank of Ireland & Fidelity will debate critical challenges facing financial services when it comes to blockchain adoption, with over 40 speakers sharing their knowledge at the Aviva Stadium.