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Crypto

Symbiont closes $20M

Symbiont.io has closed a $20 million Series B funding round.

Bitcoin’s epic plunge continues — CNN

Bitcoin is at a 15-month low, writes Paul R. La Monica. Here is the link: https://www.cnn.com/2018/12/07/investing/bitcoin-prices-plunging/index.html

Algorand raises $62M

Boston-based blockchain startup Algorand has closed a $62 million equity investment round.

Zaif cryptocurrency exchange loses $60 million in recent hack — ZDNet

Japanese cryptocurrency exchange Zaif has lost $60 million worth of company and user funds, writes Catalin Cimpanu. Here is the link: https://www.zdnet.com/article/zaif-cryptocurrency-exchange-loses-60-million-in-july-hack/

New York state approves two dollar-based cryptocurrencies — Engadget

Today, New York approved the first digital currencies that are tied to the US dollar, called "stablecoins", writes Swapna Krishna. Here is the link: https://www.engadget.com/2018/09/10/new-york-approves-gemini-paxos-cryptocurrency/