Monthly Archives: April 2020

Blockchain startup Gapless has raised $6 million from investors, including world-famous car manufacturer Porsche. 1962 Total views 33 Total shares Porsche has participated in a 5.5 million euros ($5.9 million) funding round for a German startup Gapless — the developer of a blockchain-based vehicle management system.Among other contributors, Gapless saw FinLab EOS VC Fund, a…

In a bid to drive innovation forward and to stimulate the economy, Portugal has recently approved a nation-wide plan to encourage digitalization in several fields. Published on April 21, the “Digital Transitional Action Plan” puts forward multiple ways, in which the Portuguese government will provide infrastructure and incentives for innovation, entrepreneurship and competition, as well…

Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund

A total of 30 places available for early-stage and mature startups on Tencent’s new blockchain accelerator

A lot of withdrawals are surfacing as Bitcoin reverses course to dip 8% from its 24-hour highs

One of the most curious and subtle developments of the COVID-19 global pandemic is the surging demand for stablecoins. Their total supply hit an all-time high recently — roughly $7.5 billion — with demand for Tether (USDT) and USD Coin (USDC) soaring.The development implicitly foreshadows financial disruption as desperate emerging market governments, foreign financial institutions…