Chinese Insurance Giant Ping An Partners With Decentralized AI Startup SingularityNET

Chinese insurance giant Ping An has partnered with Ethereum (ETH)-based decentralized artificial intelligence (AI) startup SingularityNET. The latter company announced the collaboration in a press release published on Medium on March 14.

Per the release, the collaboration will at first focus on Optical Character Recognition (OCR), Computer Vision (CV) and model training.

Continue Reading …

Spanish Mining Startup to Return $68 Million Raised During ICO

Spanish cryptocurrency mining startup CryptoSolarTech will return $68 million raised during its initial coin offering (ICO). A screenshot of an official letter sent to investors was posted on Twitter Wednesday, Feb. 20 by Spanish IT lawyer Sergio Carrasco.

CryptoSolarTech apparently aimed to build a crypto mining facility powered by solar energy in Southern Spain,

Continue Reading …

The Key to Staying Profitable When Mining Revealed by Software Startup

A company has released the beta version of its cryptocurrency mining platform – the first iteration of “simple to setup, highly automated” software that is aimed to appeal to newbies and seasoned professionals alike.

Cudo Miner says its offering is a GUI miner, which in other words is a graphic frontend for its interface.

Continue Reading …

The Imitation Game: Startup’s Big Idea in Building AI That’s as Good as Human

Artificial intelligence has come a long way in recent years, but there is still one milestone which is yet to be achieved: passing the Turing test.

The premise is simple: an interrogator asks questions to a machine and to a human while sitting in a separate location, and receive the answers written down.

Continue Reading …

Plastic Surgeon and Startup Investor Buys $352 Million Stake in Korean Crypto Exchange Bithumb

A group led by one of South Korea’s leading plastic surgeons, Dr. Kim Byung Gun, has made a major investment in crypto exchange Bithumb’s holding company. Bloomberg reported the news Friday, Oct. 12.

The surgeon’s BK Global Consortium has closed a deal to acquire “50 percent plus one share” of BTC Holding Co.

Continue Reading …

Blockchain Startup Havven to Launch Stablecoin on EOS This Year

A blockchain startup that sets out to offer cross-blockchain payments has announced it is planning to bring its existing stablecoin – a cryptocurrency tied to a stable asset – to the EOS network.

Called Havven, the Australia-based project said in a release on Wednesday that it is expecting to issue its nUSD stablecoin on EOS by the end of this year.

Continue Reading …

Rising Hong Kong Startup Criticized for Selling Majority Stake to Invest in Cryptocurrency


Hong Kong’s fifth-largest bike sharing startup has sold 60 percent of its stake to invest in the cryptocurrency market, or two ERC20 tokens to be exact.

$1 Million in Tokens

Ketch’up Bike, a top five bike sharing company in Hong Kong that oversees more than 1,000 bicycles,

Continue Reading …

Investment Startup Bitwise Proposes ETF for Top 10 Cryptos

Crypto investment startup Bitwise is seeking regulators’ permission to offer an exchange-traded fund (ETF) tied to the top 10 cryptocurrencies.

The Bitwise HOLD 10 Cryptocurrency Index Fund ETF would track the returns on the startup’s HOLD 10 Index. That index is the basis for a passive investment fund which itself invests in the top 10 cryptocurrencies by market capitalization.

Continue Reading …

Nervos Network Blockchain Startup Secures $28 Mln From Sequoia China, Polychain Capital

Nervos Network, a Chinese blockchain startup founded by a former researcher and developer of the Ethereum Foundation, has announced today July 18, that it has raised $28 million to develop its enterprise blockchain solutions.

According to a statement shared with Cointelegraph, Nervos has secured investment from a number of blockchain-related enterprises, including crypto hedge fund Polychain Capital and venture capital firm Sequoia China.

Continue Reading …

Blockchain Startup Apollon Begins Token Crowdsale July 16th for a Pan-Entertainment Ecosystem


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company,

Continue Reading …

Sequoia China, Polychain Lead Blockchain Startup's $28 Million Round

Blockchain startup Nervos Network has announced the completion of a $28 million Series A funding round.

The company said on Wednesday that major investors in the round included token-focused hedge fund Polychain and venture capital firm Sequoia China, as well as several China-based blockchain startups like wallet services Bixin and imToken.

The new financing will be put to use expanding Nervos’

Continue Reading …