A federal judge ruled against a blockchain startup after finding that several victims were defrauded out of potentially more than $1 million in cryptocurrencies.
<span font-size:="" helvetica="" style="color: rgb(0, 0, 0); font-family: Merriweather, ">While ICOs were supposed to disrupt venture capital, such funding in blockchain-based companies is surging, with startups raising $434 million since December, the most ever in a three-month period, according to CoinDesk data.</span>
Japan's financial supervisor is laying the groundwork for a regulatory overhaul that could lead to a shakeup in the nation's $10 trillion banking industry.
In the last few years, space startups have benefitted from a flow of private investment that has grown from a trickle to at least a steady stream. Venture capitalists and other institutional investors once reticent to invest in space companies, because of the market or other uncertainties, have opened their pocketbooks to fund a variety of companies. Here's why.
After a cohort of hedge fund veterans called it quits last year, a trio of established managers are prepping to fill their shoes in 2018 by starting firms with at least a billion dollars apiece.
Kleiner Perkins today announced that Mamoon Hamid will be joining the firm as a general partner and managing member. Hamid has a proven track record of investing in many of the leading enterprise startups of the last decade - including early investments in Slack, Box, Yammer, Intercom and Netskope, where he also served on the board of directors. Hamid spent the last six years as the co-founder of Social Capital, where he led the firm's venture practice. Before that, he was a partner at USVP.
In a unique international partnership, the Israeli government and a Colorado-based venture capital fund will start a new program to bring to Colorado Israeli startups that focus on water, energy and transportation.
Money is flowing into trucking tech startups, and it is showing no signs of slowing down. But the question remains, how much of this windfall of funds will end up in companies that truly make a difference in the trucking space?
Machine learning is trickling over into venture capital thanks to a China-connected investor, Hone Capital, the Silicon Valley offshoot of large Chinese private equity player CSC Group. Can Hone Capital score top investments returns by using machine learning to pick U.S. startups?