BlockShow, an international blockchain conference, which will take place on Nov. 14-15 at Marina Bay Sands Expo in Singapore, says it changed its concept, moving from being a blockchain conference to becoming a Festival of Decentralized Technology. The event will include nine conferences: Investments & Startups, Development, Business, Gaming & DApps, Money, Trading, Regulations, Privacy & Security, and Marketing & PR. The team notes that by expanding each topic to its conference, BlockShow strives to bring more innovative thought to the surface. With an expertly curated program for each topic, it will engender an atmosphere in which everyone in the …
Singapore-based crypto-finance company FUSION has secured $12.3 bln in financial assets from three strategic partners, who will lock those assets on the startups’ public blockchain platform, Reuters reported June 1. The funds were reportedly provided by three companies, FormulA, Carnex, and KuaiLaiCai, which operate in the fields of asset management, car financing, and restaurant supply chain management, respectively. By depositing the sums on the FUSION blockchain, the participants commit to using the blockchain to manage and process transactions from those funds. By using FUSION, the companies reportedly will receive access to a global finance network, be able to deal in …
The Singaporean government-backed blockchain platform Tribe has helped raise another $15.7 million for participating companies through its ecosystem. In a press release shared with Cointelegraph on Dec. 2, Tribe Accelerator revealed that a total of $28 million had been raised to date to support start-ups from around the world attempting to solve real-world problems with blockchain technology. The first group of startups reportedly raised over $12.2 million within three months. Managing partner of Tribe Accelerator Ng Yi Ming commented: “Another successful round of fundraising underscores the relevance of blockchain technology in solving real-world problems. Every idea or solution shared during …
The sudden failure of FTX has left many people questioning the impact this will have on the cryptocurrency ecosystem. For instance, it remains questionable whether or not crypto hotspots will continue to flourish or if there will be a decline in innovation. While it may be too soon to fully understand the impact of the FTX collapse, industry leaders within crypto-friendly geographies believe that the FTX failure will not hamper innovation. For example, Dubai — which has been dubbed as one of the most innovative regions for crypto and blockchain development — continues to see ecosystem activity. Most recently, The …
The adoption of blockchain technology is on the rise, with the majority of enterprises looking into the technology in some capacity. As blockchain becomes more pervasive, all types of users will need the most efficient access to the capabilities of this technology. One of the responses to this has been the development of blockchain chips as energy-efficient accelerators. On Feb. 23, the Tel Aviv-based blockchain chip startup Chain Reaction announced it raised $70 million to expand its engineering team for developing its next chip. Alon Webman, the co-founder and CEO of Chain Reaction, said the new chip will be a …