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IBMR to Provide $3.48 Million in Funding for ARCC Currency Reserve

News The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve. The reserve is a basket of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in see..

Report: ICO Fundraising Plummeted 95% Year-Over-Year in 2019

News A report published by research firm CB Insights has found that equity funding has dramatically overtaken initial coin offerings (ICOs) as the dominant means of finance in the blockchain space. While the largely unregulated ICO boom of 2018 raised $7.8 billion, initial coin offering funding f..

Tezos Grants $37 Million to Ecosystem Developers

News The Tezos Foundation released its second Biannual Report, detailing the group’s progress in Q3 and Q4 of 2019. Published on March 19, the report reveals that the foundation owns $635 million in assets — much more than the $232 million raised in its infamous initial coin offering. When asked h..

Interlay Receives Web3 Foundation Grant for Bridging Bitcoin to Polkadot

News Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot. The money will be used to develop a parachain on Polkadot that will connect to the Bitcoin (BTC) blockchain. According to the March 5 announcement, Interlay is one of the r..

Jack Dorsey’s Square Publicly Launches Grants for Bitcoin Development

News Square Crypto, the payments company launched by Twitter founder Jack Dorsey, is now officially supporting Bitcoin (BTC) development through a grant program. This formalizes the already significant contributions made by the company toward the cryptocurrency. Through a March 4 announcement, the..

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