Cryptocurrency Fundraising Declined Sharply While DeFi Lending Attracts VC Backing

In recent times, venture capital research company Ana.vc published a report highlighting a 57 percent reduction in cryptocurrency funding from VCs last month. In spite of the dip in overall investment, it seems the decentralized lending sector is still prosperous as it raised 150 percent of its aggregate in March. The report noted a decline in cryptocurrency fundraising last month but did not consider Bakkt’s raise. It noted thirty disclosed deals worth an aggregate of about $50 million, down from $117 million last…

Block.one Offers $50k Grant For Its Blockchain-Based Coronavirus Testing App

On April 29, Block.one (the firm in charge of EOS cryptocurrency) issued a $50,000 grant towards the facilitation of anonymous access to coronavirus testing. The company issued the grant to Genobank for its open-source app. The firm issued the grant in collaboration with EOS VC (Block.one’s venture arm), and FinLab EOS VC. A few weeks ago, Genobank noted the development of its app known as Agerona together with the Eos-based blockchain platform, Telos. Agerona helps with anonymous connection of users with test…

Block.one: The Leader in High-performance Blockchain Solutions

Block.one is the software publishing company behind the creation of EOS, and EOS VC, a venture capital firm focused on contributing early-stage capital to future blockchain tech development. The startup maintains that its two primary products are the VC arm and cryptocurrency but specifies that it is working to provide the most powerful infrastructure for decentralized applications available. In fact, the block.one team is dedicated to providing “end-to-end solutions” to bring corporations, investors, and institutions together onto the blockchain via a…