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Funderbeam raises $5.8 million for early-stage startups through its blockchain platform

EXCLUSIVE: Startup stock exchange Funderbeam today announced that early-stage startups have raised over €5 million ($5.8 million) from investors in nearly 100 countries through its blockchain-powered platform. Funderbeam allows companies to fundraise and trade using blockchain technology. Founded in 2013 and launched in 2016, the Estonia-based company has already secured seed funding of more than $7 million from noteworthy […]

Bitcoin passes $7,000 for the first time

(Reuters) — Digital currency bitcoin took another leap higher on Thursday, rocketing above $7,000 for the first time after a more than tenfold increase in its value over the past year. Bitcoin has seen eye-watering gains in recent months, having more than doubled in value in the past seven weeks alone. It is on track […]

Trade.io investment allows Chinese billionaire to sidestep the ICO ban

EXCLUSIVE: A ban on initial coin offerings (ICOs) in China and South Korea has caused a ripple effect — including a token listing exodus to Japan — and we’re seeing continued evidence that Chinese investors are looking elsewhere. Today, Trade.io — the blockchain peer-to-peer trading platform — has announced that Chien Lee, Chinese-American billionaire and majority shareholder of French […]