Skewed data: How could a new US law boost blockchain analysis?
Infrastructure firms will now have to report within 24 hours if they make a ransomware payment. “This surely will be a game changer.” 2020 was a record year for ransomware payments ($692 million), and 2021 will probably be higher when all the data is in, Chainalysis recently reported. Moreover, with the outbreak of the Ukraine-Russia war, ransomware’s use as a geopolitical tool — not just a money grab — is expected to grow as well.But, a new U.S. law could stem this rising extortionist tide. United States President Joe Biden recently signed into law the Strengthening American Cybersecurity....
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Boost VC has released new figures about its investments in startups focusing on bitcoin and the blockchain. The San Mateo incubator, which has pledged to invest in 100 industry startups through 2017, revealed in a Medium post this week that it has invested in 52 bitcoin and blockchain companies since its founding in 2012. According to figures provided to CoinDesk by Boost, bitcoin and blockchain startups have so far raised $52 million, compared to the $86 million across companies in all of its target sectors. The figures suggest bitcoin and blockchain startups have so far captured 60% of....
The Boost community has seen huge developments in the last month. Features from the highly anticipated Boost DeFi app have started going live and by mid-November even more will be available. Boost’s native token, Boost Coin, has seen amazing results so far. Analysts are predicting Boost Coin will reach $1 as the app gets closer […]
Accenture Consulting recently teamed with McLagan, a business unit of Aon plc and a capital markets benchmarking provider, on an in-depth impact analysis of blockchain technology’s ability to improve efficiency for investment banks. “Banking On Blockchain, A Value Analysis For Investment Banks” examined cost/benefit analysis, business applications and ROI. Blockchain technology allows multiple parties to share access to the same data simultaneously with improved confidence. Because different parties typically maintain their own data, processes are usually plagued with inefficiencies like....
California-based startup accelerator Boost VC is continuing its "all-in" dive into the bitcoin space with an announcement of a new fund, Boost Bitcoin Fund 2, which promises each company in its upcoming Tribe 5 startup batch an investment of 300 BTC upon completion of the program. The fund, which was backed by Draper Associates, is one of many recent announcements to come from Boost VC. In November, the accelerator closed a $6.6m funding round led by Marc Andreessen and Ben Davenport and announced that its next cohort would feature only companies working with bitcoin and blockchain....
Boost VC, the San Mateo-based startup incubator led by CEO Adam Draper, announced 'Tribe 7' yesterday, its latest group of 20 early-stage startups. With its latest batch, Boost's portfolio currently stands at 138 companies – 55 working on blockchain products and 34 on virtual reality. The incubator now claims to be the most active investor in both of those sectors, adding that a total of over $125m that has been raised by its startups to date. Notably, while Tribe 5 was dominated by bitcoin and blockchain startups – accounting for 90% of the 25 firms – last year's Tribe 6 and now Tribe 7....