Funding

The Australian government is working its way from traditional to blockchain technology. The Morrison government keeps pouring funds into blockchain research. On July 13, it announced fresh funding of AU $5.6 million, about $4.2 million to support the two mega blockchain pilot projects that will put Australia on the path to blockchain development.

Criminals commonly use cryptocurrency to carry out illicit activities such as money laundering, funding terrorism activities, buying and selling narcotics and many others. According to the new report by the UN, hackers have been attacking exchanges to steal the cryptocurrency and then use it to fund nuclear weapons development. North Korea is leading the game.

The protesters that stormed the Capitol received Bitcoin donations worth around $550,000. Does that mean someone is funding domestic extremists to bring the country’s economy down?

One of the developments in blockchain is crowdfunding and Venture funding for startups. To raise funds effectively, one must understand the essence of the main tools for attracting investments.

With modern advancements in the fields of medicine and health advancing at an ever-increasing pace, the value of research and development has followed suit, with the specific area of clinical trials now thought to be valued at over $350 billion a year.

Kentucky Republican Rep. Thomas Massie tried to delay the voting on COVID-19 relief bill by objecting a roll call voting that would not require the presence of all members in Washington. Eventually, he failed to do this as the quorum of the House members blocked his request.

A good number of technology companies globally are steadily venturing into futuristic technologies including blockchain, Bitcoin and other cryptocurrencies, and this is one way of them developing a top notch internet of value as well as shaping the world they want to operate in.

It is important to see how the blockchain is used and what features are mainly exploited by startups that work in the field to understand what prospects open thanks to the work of technology companies.

Several investors are gradually withdrawing from the Bitcoin, cryptocurrency and blockchain industry. This year has been a good period for cryptocurrencies as some popular digital assets, such as Bitcoin (BTC), recording over 100% in Return on Investment (ROI).  Albeit, funding has considerably condensed and investors appear to be backing off or considering to pull back. The big question however remains as to why this is happening at this time?