VC Roundup: Blockchain startups remain popular among investors in August

Beyond all the good a permissionless internet promises, it also makes it convenient for anyone to freely mint pirated nonfungible tokens (NFTs). There are in fact over 90 million fake copies of NFTs. Because in a permissionless system, what’s to stop bad actors from creating copymints to scam unsuspecting users or damage a brand’s reputation?Only…

LINE Pay said it was considering adding other cryptocurrencies including Bitcoin and Ether to its payments options in the future 508 Total views 5 Total shares Users of Japanese messaging giant LINE will soon be able to use the app’s native token for payments at select online merchants in a limited trial.In a Tuesday announcement,…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  Much like last week, China’s minor COVID flareups dominated the headlines as the country seeks to avoid more serious lockdowns. Cryptocurrency managed to stay…

Roscosmos is the first organization to test Waves Enterprise’s IP Guard solution. 3036 Total views 24 Total shares Russia's space agency, Roscosmos, aims to fight intellectual property infringement in the space industry wit blockchain technology.Roscosmos started testing an IP protection solution based on the Waves Enterprise blockchain platform, a hybrid blockchain platform developed by the…

Cayman Islands-based blockchain startup Everipedia formally launched its peer-to-peer (P2P) encyclopedia August 9, a press release confirmed. Designed to be an “autonomous encyclopedia without the need for advertisements or donations,” the project uses the EOS network to function and will reward curators with its own token, dubbed “IQ.” Co-founder of Wikipedia turned Everipedia CIO Larry…

All eyes on a support/resistance flip at $2 as bearish sentiment stays absent for Cardano this week. 571 Total views 78 Total shares Cardano's ADA token made a triumphant return to the $2 mark on Aug. 13 as weekly gains topped 50%.ADA/USD 1-day candle chart (Binance). Source: TradingViewADA reverses most of its 3-month lossesData from…

South Korean business-to-business fashion platform Sinsang Market has joined the Terra Alliance ecosystem, a stablecoin-focused association of large e-commerce companies.As South Korean economics-oriented newspaper EconoNews reported on Aug. 3, the partnership between Sinsang and Terra aims to create a payment system that deploys Korean mobile payment service CHAI. CHAI utilizes Terra’s blockchain technology to ensure…

Billy Markus, the co-founder and engineer of Dogecoin (DOGE), who also sold off his DOGE stash for the equivalent of a used Honda Civic in 2015, has entered the nonfungible token (NFT) market. On June 9, Markus unveiled the drop of Doge-based NFTs dubbed “Capped Dogecoin” which he described as “Much cap, very deflation, many…

Metaverse gaming tokens, including The Sandbox’s SAND and Axie Infinity’s AXS, have bucked the downtrend in Bitcoin and Ether. 501 Total views 4 Total shares Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC),…