All of the latest news on investments of key companies in the crypto market during August 15 — 20, 2018 are in our Investment Digest.
- $20 million in the basket for a blockchain that processes 1 million transactions per second. The development of the blockchain is being commissioned by the founders of Cobinhood. Many in the industry sit with fingers crossed to see this blockchain in function as it will be a major leap for the whole system.
- BitMEX linked wallet credited with over $114 million (18,400 BTC). The transactions were done using 17 different wallets. While the purpose of doing so is still a topic of debate, many consider that it was either an attempt to manipulate the market or to secure Bitcoin in cold storage.
- Digix looks forward to a $20 million funding (in ETH) to expand its team from 7 to 40 employees. However, they haven’t stated anything in their proposal that talks about how they plan to spend those $20 million.
- With 300 million FOAMs sold, FOAM Protocol’s ICO bagged $16.5 million in through the main sale. They visualize making a consensus-driven map of the world that has verifiable location data.