Companies Are Trying to Get Rid of Passwords Entirely, and Launchkey Just Received $3 Million in Funding to Implement a Replacement
In a time where password technology is so easy to breach, the world is ready for a new technology to take over. In response to the vulnerability that passwords hold, some companies have started implementing two-factor authentication. LaunchKey, on the other hand, looks to get rid of password technology altogether and take the world into multi-factor authentication. On top of that, they just raised $3 million in funding thanks to Metamorphic Ventures and Pantera Capital. According to LaunchKey, the funding will push them to expand their team and bring LaunchKey to market in the next year.....
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Today brings the start of the World Cup - and an interesting announcement from New York City-based Coinsetter, a new bitcoin exchange aiming to make a splash in individual and institutional digital currency trading. The company has announced a partnership with LaunchKey - a company that specializes in accounts security and authentication - to bring something they have creatively called LaunchKey for Coinsetter: With LaunchKey's enterprise multifactor authentication platform, Coinsetter users now have a comprehensive solution that improves privacy and security through decentralization of....
![[INTERVIEW]BoostCoin and it’s X13 Algorithm](minthumb/bitcoinist_net_ip.bitcointalk.org_-e1401500811367.png)
BoostCoin has received plenty of attention last week due to people interested in the X13 algorithm. However, it was not the first coin to implement it, the creators of the X13 algorithm abandoned their coin and now, boostcoin could be a very nice replacement to that which failed. BoostCoin is a PoW/PoS with a maximum of 40 million coins including the PoS stage, though it does have a 1% premine and therefore must be dealt with with caution. I spoke with the developer yesteday, and he was kind enough to answer a few questions I had asked him. Without further ado, the interview: I choose x13....
Funding for crypto and blockchain startups is not slowing in 2021 as VC funds appear keen to enjoy the exponential growth potential. Venture capital funding for crypto and blockchain startups looks set to break records in 2021. As previously reported by Cointelegraph, crypto firms received more funding in the first quarter of 2021 than the whole of 2020.Indeed, three companies in the market attracted $1.1 billion from backers in Q1 202 — a third of the total funding for crypto and blockchain firms reported in 2018. With the current bullish enthusiasm in the crypto space, VC funding....
Three companies in the crypto and blockchain industry have already raised $1.1 billion this year. Cryptocurrency and blockchain-related companies have already received more funding this year than in all of 2020, according to a new report.In the first quarter of 2021, 129 startups focusing on crypto and blockchain technology have received a total of $2.6 billion in funding, Bloomberg reports, citing data from business analytics firm CB Insights. Over the course of 2020, crypto and blockchain firms attracted a total of $2.3 billion in 341 deals.According to the data, 2018 is the record year....
Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in on-chain Avalanche governance and exposure to the price via token ownership.
Polychain and Three Arrows Capital Put Funds in Avalanche
Avalanche, one of the youngest smart contracts-enabled cryptocurrencies, has raised $230 million in a funding round....