Category: Blockchain

Riot Blockchain Hires Nomura M&A Banker Jason Chung as Corporate Development Head

Riot Blockchain Inc, a Bitcoin infrastructure company based in Colorado, announced on Wednesday that it has hired investment banker Jason Chung from Nomura Holdings Inc as its head of corporate development. Until recently, Chung was a Hong Kong-based managing director at Nomura. In this new role, Chung will lead corporate development affairs at Riot Blockchain, including mergers and acquisitions (M&A), and be responsible for building a superior corporate development group that drives the firm’s strategic growth. He will also assist the crypto firm with its financing strategy. The former banker…

MarketAcross is Named Korea Blockchain Week’s Official Media Partner

  After years of collaboration, FactBlock, Hashed, ROK Capital and MarketAcross partner to bring back the biggest crypto event in Asia Tel Aviv, Israel / Seoul, South Korea (May XX, 2022) – MarketAcross, the world’s leading blockchain PR & marketing firm, has been appointed the official global media partner for the Korea Blockchain Week (KBW), Asia’s flagship blockchain event. The partnership will see MarketAcross manage the pre- and post-event marketing and PR efforts, bring prominent speakers, and help raise the profile of the prestigious event worldwide.   The KBW2022 will…

Binance Labs’ $500M fund to catalyze crypto, Web3, blockchain adoption

Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive innovation across the crypto, Web3 and blockchain landscape. Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. Sharing his take on accelerating the adoption of the crypto ecosystem, Changpeng “CZ” Zhao, CEO of Binance, revealed the importance of a connection between values, people and economies: “The goal of the newly…

Bitcoin Finally Sees Relief as Institutions Buy the Dip – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin rallied tremendously yesterday, as it soared above the short-term range between $28,500 and $30,600. Last week many analysts were concerned about crypto falling whilst the S&P 500 rallied, but yesterday Bitcoin reached a high of $32,200, as it performed significantly better than the S&P 500 futures whilst Americans were on holiday. Data from the crypto research firm CoinShares shows that crypto funds saw inflows of $87 million last week, after the previous week saw outflows of $141 million. Inflows were…

Philippines to explore blockchain use cases, launches training program

The Philippine government has started its exploration of blockchain technology use cases, launching a training program for researchers in the government’s Department of Science and Technology (DOST).  Enrico Paringit, a DOST official, reportedly said that the goal of the training is to see how blockchain can play a role in areas like healthcare, financial support and emergency aid. Apart from these, Paringit noted that the department is also taking a look at how blockchain can be used in the issuance of passports and visas, trademark registration and in government records.…

Tron Accelerates To 3rd Spot As Biggest Blockchain In Terms Of TVL

Tron takes off by 44% and ranks as the third-largest blockchain based on TVL. Tron, Tronix, or TRX is designed to beat Bitcoin and Ethereum on their tracks with faster, cheaper, and smarter transactions. Tron doesn’t have a maximum supply, unlike Bitcoin, which means it has eliminated the scarcity element, making it eclipse the “king of crypto.” Despite its downturn in 2021, many investors have remained bullish on Tron. TRX’s current TVL is now at $5.9 billion, a figure it reached in just a month. The only two blockchains ahead…

Blockchain Association Singapore and Statutory Board JTC Signs MOU Deal

Blockchain Association Singapore (BAS) and statutory board JTC have signed a Memorandum of Understanding (MOU) to collaborate in co-developing and nurturing a virtual blockchain ecosystem. The virtual blockchain ecosystem will be at the Punggol Digital District (PDD) and it will consist of professionals, students, individuals and firms. According to the MOU, the collaboration will ensure that both sides will leverage each other’s networks to enhance the understanding and know-how of the blockchain industry. Furthermore, the partnership is working on building a community-centric model to develop the PDD into a regional hub for blockchain…

Rival blockchain projects angling for talent from Terra developers

The collapse of the Terra ecosystem, which included most of its apps and protocols, has created a diaspora of developers from which opportunistic blockchain companies are hoping to snap up talent. Polygon (MATIC), one of the largest blockchains by total value locked (TVL), is actively seeking out Terra developers to add valuable expertise and support to their efforts. Polygon launched a “relatively uncapped multimillion-dollar fund” designed to entice Terra developers to migrate over to the Ethereum sidechain scaling solution, according to Polygon Studios CEO Ryan Wyatt speaking to TechCrunch at…

The rise of blockchain gaming, DAO management and asset tokenization

Bitcoin (BTC) and the broader cryptocurrency market have provided very little comfort in recent weeks, as macroeconomic headwinds and the implosion of the Terra ecosystem continue to reverberate. But, if we look beyond the immediate price action, we observe an industry that continues to grow and evolve, as well as attract sizable capital investments from major funders. The latest edition of venture capital (VC) Roundup highlights the continued growth of Web3 gaming, metaverse applications and even decentralized finance (DeFi) protocols.  Related: Crypto Biz: Smart Money is betting big on Web3,…