Hyperspace prepares for a fork

Hyperspace Cloud Storage service is going to fork Sia code base on July 1 to introduce the Hyperspace Network to the public
20 June 2018   4429

The Hyperspace team is forking the Sia code base on July 1 and is going to distribute ~3.5B Space Cash to all Sia holders with a rate of 10 Siacoin to 1 Space Cash. The forking block is set at 161358 of Sia blockchain. Afterwards, the network itself is set to be launched around the first week of July with the release of Obelisk SC1.

Hyperspace Network

The Hyperspace network is a global storage marketplace powered by the Space Cash cryptocurrency. Hyperspace uses revolutionary blockchain technology to achieve 3 goals: a low cost of storage, fast transfer speeds, and private storage. The details are available here. At the moment of publication, Hyperspace marker value is as follows:

Average price 0.007771 USD
Market cap 181,184 USD
Volume (24H) 74 USD

Samsung to Invest $2.9M in Ledger

The fact of a round of investments was confirmed by a spokesman for Ledger, but he did not disclose details
25 April 2019   42

The developer of hardware wallets Ledger attracted 2.6 million euros ($ 2.9 million) from the South Korean conglomerate Samsung. The company's investment valuation reached $ 290 million, according to the French edition of Capital.

Thus, the very fact of a round of investments was confirmed by a spokesman for Ledger, but he did not disclose details. Co-founder Eric Larchevêque, who had recently transfered power to the new CEO Pascal Gauthier, also did not shed light on the details of the transaction.

Larchevêque himself will focus on the company's strategy, cooperation with regulators and legal compliance as the executive chairman.

Ledger raised $ 7 million in a round of financing for Series A in early 2017, which was headed by MAIF Avenir, a division of large French insurance company with the support of Xange, Wicklow Capital, GDTRE, Libertus Capital, Digital Currency Group, The Whittemore Collection, Kima Ventures, BHB Network and Nicolas Pinto as an individual investor.

At the beginning of 2018, a round of financing for Series B took place, within which the hardware wallets maker raised $ 75 million. The round was led by Draper Esprit, the other participants were Draper Venture Network, FirstMark Capital, Cathay Innovation and Korelya Capital.