Business

Northern Data, Canaan to Work on AI, Blockchain, Data Center Operations

  • Thanks to the new partnership, both companies will be able to expand geographically, and advance technologically.
  • Northern Data has vowed to reveal even more partnerships in the coming months.

  • Thanks to the new partnership, both companies will be able to expand geographically, and advance technologically.
  • Northern Data has vowed to reveal even more partnerships in the coming months.

Bithumb Agrees To Partnership With Singapore-Based BitMax

  • Bithumb executive believes that such a partnership will open many doors for further ascent to the top of the market.
  • The two companies will also work on collaborative crypto services and products.
BlockFi CEO Zac Prince. CoinDesk

BlockFi Raised $30M in Series B Round After a Period of Rapid Growth

  • BlockFi’s main aim in 2020 is to work towards mainstream crypto adoption.
  • Valar Ventures led the funding round and believes that BlockFi is one of the most successful companies it has invested in.
Ben Margot/AP

Wells Fargo Invests in Elliptic’s Series B Funding Round

  • The fresh $5 million investment will not only help Elliptic expand in Asia, but also fuel the roll out of a new products.
  • Elliptic's Series B round has now raised more than $28 million.

JPMorgan Considers Merging Quorum With ConsenSys

  • No JPMorgan projects running on the Quorum blochchain, such as the IIN, will be affected by the merger.
  • It is still not clear whether people working on Quorum will actually join ConsenSys .

London-Based Startup to Apply for U.K. Banking License to Serve Crypto Firms

  • This will be DAG Global's second attempt at a full banking license in the U.K., after its failed attempt in 2018.
  • The company is hopeful regulators will approve its application this time, seeing how it has not raised any "red flags" so far.

BitGo Launches Two New Crypto Custody Entities in Europe

  • In order to expand its global reach, the firm decided to launch two new custodial subsidiaries in Switzerland and Germany.
  • By being regulated by different financial authorities, the two entities will provide its clients with the option to choose a jurisdiction.

Nexo’s First Wave of Policy Change Going Live Today

  • Despite the early announcement, the market reaction only occurred as the changes were about to go live.
  • The company is also working on additional features that could increase the demand for Nexo tokens significantly.

Fidelity’s VC Arm Leads $13M Funding Round For Blockchain Startup Clear

  • The new capital will be used to expand Clear's 30-strong team and telecom operations, as well as to look into possible expansion in other industries.
  • Led by Fidelity's VC arm, the Series A funding round saw participation from a number of venture funds belonging to global telecoms leaders.

Wikipedia Founder Jimmy Wales Announced as Keynote Speaker at The CoinGeek London Conference (Updated)

  • The conference is advertised as an opportunity to meet and chat with Craig Wright himself.
  • Wales has expressed severe scepticism of Wright's claims in the past.

Samsung, Salesforce Invest in Blockchain Startup Digital Asset

  • The venture arms of Samsung and Salesforce participated in the second Series C funding round for Digital Assets.
  • The company was able to gather around $35 million in its first Series C funding round, which was held back in December.

BitPay Will Support BTC and BCH Payments From Any Wallet or Exchange

  • The change of direction is part of a series of decisions aimed at expanding BitPay's user base.
  • The company has explained the potential risks with the new approach, and the measures taken to allow for the same smooth user experience as before.

Sony Financial Ventures Joins Funding Round For Securitize

  • Though the company has not specified the amount of the investment, it did say that it has now raised "more than $14 million".
  • The investment was an extension of Securitize's Series A funding round, which back in September saw investments from Santander and MUFG.

Waves Establishes New Non-Profit Governance Body

  • Based in Frankfurt, Germany, the Waves Association aims to stimulate the development of decentralized technologies.
  • It also plans to actively collaborate with universities, research centers, companies and governments around the world.