Overseas Weekly | Three new projects worthy of attention; Starbucks will allow customers to pay for goods with cryptocurrencies; Vest disclosed for the first time that it received a $12 million A round of investment (3.4-3.8)
Overseas heavy broadcast
Overseas heavy broadcast
On March 4, The Block reported that Starbucks has a “significant stake” in Bakkt, an upcoming crypto asset trading platform. At the same time, Starbucks will install Bakkt's payment software in its stores, and customers can convert cryptocurrencies into legal currency for payment. At first, only Starbucks customers in the United States can enjoy this service. The number of shares Starbucks holds in Bakkt is currently confidential, the sources said. However, Starbucks has a relatively high stake in Bakkt, although Starbucks has not made any cash investment in Bakkt so far.
Fidelity Digital Assets FDAS announced the launch of its bitcoin custody service to qualified clients, catering to the needs of hedge funds, family offices, pension funds, endowments and other institutional investors. In addition, FDAS President Tom Jessop said that FDAS may suspend support for Ethereum due to the hard fork of Ethereum, and that FDAS is currently supporting Bitcoin and will choose other currencies based on the evaluation framework including customer needs. Jessop said that although customer demand is closely related to the market value, and Ethereum is the second largest currency by market value, due to the upgrade of the Constantinople hard fork and the reduction of block rewards in Ethereum, it is necessary to see the specific results before proceeding. Decide whether to support. In addition, Jessop said that FDAS will plan to expand its business in 2019, such as obtaining regulatory approvals such as money service licenses, and hopes to occupy 90% of the US market share by the end of this year.
According to Johan Toll, blockchain product manager at Nasdaq, Nasdaq is trying to tokenize its platform, and related tests are underway in Sweden. The new system under test uses blockchain technology to issue shares.
IBM's security unit launches blockchain security service
X-Force Red, the security arm of IBM, has launched a blockchain security service for auditing and improving the security of enterprise blockchains. (Forbes)
Twitter CEO Jack Dorsey: Will invest $10,000 in Bitcoin every week in the near future
In recent interviews, Twitter and Square CEO Jack Dorsey made it clear that he has great confidence in cryptocurrencies and holds enough bitcoins. Recently purchased $10,000 of BTC per week, reaching the Square Cash App weekly purchase limit, currently totaling 2.7 BTC, and may purchase again in the next few weeks. If he continues to invest regularly, the value of BTC purchased in one year is about 520,000 US dollars.
Swiss Stock Exchange Starts Trading Ethereum-Based ETP
According to the official website of the Swiss stock exchange, the Swiss stock exchange SIX Swiss Exchange has started trading Ethereum-based exchange-traded products on March 5.
Overseas new project express
Overseas new project express
AlphaX——Scrypt-based cryptocurrencies
AlphaX is a new generation of Scrypt-based cryptocurrency with a complete proof-of-stake (PoS) network. Transactions through the AlphaX blockchain network are instant, almost real-time, completely anonymous and private, and the entire operation occurs on the AlphaX decentralized P2P network autonomous architecture. AlphaX has its own artificial intelligence system - X-Intelligence, which can help users complete daily tasks, understand and assist users in daily tasks, and understand users' private and public data. AlphaX aims to provide the ultimate end-to-end solution for the global decentralized e-commerce market, using cryptocurrencies and a unified ecosystem powered by the AlphaX blockchain.
2.Azbit——Blockchain Investment Bank
Azbit is a blockchain investment bank with all financial instruments and asset types on one platform. Azbit combines the traditional financial world with the cryptocurrency world, and will provide traditional financial services and access to investment products for encrypted projects and private users.
The core of the Azbit ecosystem is "own cryptocurrency exchange". Azbit will have various divisions for different jurisdictions and regulations, which will allow users to choose the functionality that meets their requirements. Traders will be able to use all crypto instruments currently available, as well as pair with fiat currencies and security tokens. On the one hand, the transaction function is a self-contained service. On the other hand, its functionality will be used for all transaction and payment operations across the platform.
3.EndChain- Logistics solutions for all markets
EndChain has created a logistics-centric one-stop blockchain solution that can support any industry, it is both verifiable and cost-effective, and can be widely adopted by various industries. EndChain will be able to track the logistics of goods from manufacturers to distributors. By meeting the needs of different parts of the production process, EndChain will simplify the overall experience and introduce the mass applicability of blockchain.
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EOS Latest Developments
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The latest developments in ETH
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In the early morning of March 4, BM revealed in the telegram group that Block.one is about to release a public roadmap. The community discussed this matter and speculated that the relevant announcement will be released soon. Subsequently, Block.one CEO BB responded on Twitter: No, this is just a way for us to try to keep in touch with the community while maintaining the integrity of the annualized product release cycle; June is coming soon . In this regard, some members of the community speculate that Block.one will release an annualized product in June.
BlockFi CEO: XRP support will be added in April or May
Zac Prince, CEO of cryptocurrency lending start-up BlockFi, said in an interview that currently BlockFi supports only three cryptocurrencies that can be used as collateral: BTC, ETH, and LTC. When choosing a currency, three factors need to be considered: "circulation", "price fluctuations" and "consumer demand". XRP will definitely be supported, with plans to add it in April or May.
Monero Dev Confirms 'Wallet Bug' Patch Will Release April 6th
Recently, Monero has experienced a wallet bug related to Coinbase transactions that may cause some inconvenience to service providers and exchanges. Monero developers have confirmed that a "Wallet Bug" new patch will be released on April 6th to fix the issue.
Tether will issue USDT on the TRON network in the second quarter of this year
Investment and financing overview
Investment and financing overview
The specific financing events are as follows:
The specific financing events are as follows:
On March 4, 51 Nonferrous, a B2B e-commerce platform for non-ferrous industrial raw materials, has received 50 million yuan in Series A financing. This round was invested by Nanling Huiye Fund (jointly established by Nanling Fund and Huiye Capital). Yang Hua, the founding partner of Huiye Capital, introduced that after this round of financing, 51 Nonferrous Metals will accelerate its transformation to an industrial Internet platform, which will be applied in two aspects: one is to accelerate market expansion and enhance the scale effect of the platform; the other is to increase the use of new technologies Investment, through the application of AI, IoT, blockchain and other technologies, accumulate industrial big data, and finally apply it to logistics, supply chain finance and other industrial services.
2.Tagomi gets another $12 million investment
Cryptocurrency e-brokerage provider Tagomi has raised another $12 million in its latest funding round led by Paradigm, with participation from Pantera Capital, Four Arrows and Multicoin Capital. It is reported that Tagomi has previously received support from Digital Currency Group and others. The company has raised a total of $28 million so far.
3.NEM Blockchain Ventures Invests in Crypto Savings Platform Vimba
On March 5, the NEM blockchain venture capital department announced its investment in cryptocurrency savings and trading platform Vimba. In the future, Vimba's business may expand to Australia, Ireland, the Netherlands and Germany. It was previously reported that Callaghan Innovation, the innovation arm of the New Zealand government, injected $330,000 into Vimba.Odaily Note: Vimba was established in Auckland in 2014, mainly providing New Zealand residents with transactions in BTC, ETH and other currencies.
4.StrongBlock Receives $4 Million in Seed Round Investment
StrongBlock, a company backed by Magnetic Capital, has raised $4 million in seed funding. The round was led by Pangea Blockchain Fund and Copernicus Asset Management SA, and funds will be used by StrongBlock to develop a breakthrough enterprise blockchain solution for use by enterprises, governments and financial institutions.
5.Cryptocurrency Quantitative Trading Company LedgerPrime Receives $12 Million Investment
LedgerPrime, a digital asset investment firm specializing in quantitative trading of cryptocurrencies, has received $12 million in institutional investment and another $8 million in investment commitments. Based in New York, LedgerPrime specializes in quantitative trading strategies and is led by former UBS proprietary derivatives trader Tang and former Quantbot Technologies portfolio manager Johannes van Zeijts. Both LedgerPrime and cryptocurrency futures platform LedgerX are subsidiaries of Ledger Holdings.
6.Staking service company Vest first disclosed $12 million in Series A investment
Vest, a staking equity pledge service company, is the first staking equity pledge service platform, and disclosed for the first time that it has received US$12 million in Series A investment. According to The Block, Vest co-founder Axel Ericsson has been "removed" by the company, with his LinkedIn profile showing that he had completed his departure in January. Ericsson, the recipient of the prestigious blockchain industry award Thiel, declined to comment and said he was no longer involved. Another co-founder, Zack Lawrence, said that Ericsson was "removed" by the company, rather than leaving voluntarily.
The venture capital arm of Ethereum development company ConsenSys announced an undisclosed investment of $1.15 million in zero-knowledge proof encryption startup Ligero and an undisclosed amount in Philippine cryptocurrency exchange PDAX. Ligero said the company is building a “scalable” protocol for secure multi-party computation and zero-knowledge proofs, “enabling private smart contracts, decentralized transactions, and on-chain and off-chain learning for private machines.” PDAX is sponsored by the Philippine Central Bank and The cryptocurrency exchange, regulated by the securities regulator, is expected to launch in the second quarter of this year. PDAX says it wants to address long-standing inefficiencies in the Philippine financial market.
DREP is a decentralized reputation system. By establishing a user information pool, it provides decentralized solutions for reputation quantification, realization, transaction, investment and data sharing, and uses blockchain technology to ensure the privacy and security of information. The tripartite connection of people, things and services. After DREP announced the strategic investments of 360 Innovation Capital, Longlink Fund, Collin Capital, and Tongzhou Capital, DREP announced the second batch of strategic investment institutions, including Huobi Global Ecological Fund, coinw, Qtum ) and Element Ventures.
9.Blockchain security firm Quantstamp receives investment from Japan's Nomura Holdings
Blockchain security company Quantstamp announced that it has received investment from Japan's largest securities company Nomura Holdings and IT company Digital Garage. At the same time, Quantstamp expanded into the Japanese market with the establishment of Quantstamp Japan GK, which aims to help Japanese startups and enterprises use secure blockchain technology.
Cryptocurrency financial services company Circle announced the completion of the acquisition of the equity crowdfunding platform SeedInvest, which was announced in October 2018 and completed after being approved by the US Financial Industry Regulatory Authority FINRA. SeedInvest is a well-known equity crowdfunding platform in the United States and a registered broker with the Financial Industry Regulatory Authority of the United States.
