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Apple Debuts The iPhone 11

Apple, yesterday at the Steve Jobs Theater, debuted the new iPhone 11, along with two additional variants: the iPhone 11 Pro and iPhone 11 Pro Max. The iPhone 11 is a smartphone that has a dual-camera system, for the first time on an Apple phone, and is powered by Apple's A13 bionic chip, one of the most powerful smartphone chips out there. The Pro and Pro Max variants went a step further with a triple-camera system, comprising of an Ultra Wide, Wide and Telephoto camera that work together to shoot high-quality footage. The iPhone 11 on the other hand only has Ultra Wide and Wide cameras.



The iPhone 11 measures 6.1-inch, with "the toughest glass ever in a smartphone", according to Apple. It's water resistant up to 2 meters for up to 30 minutes, and is also protected against accidental spills from common liquids like coffee and soda. Other of its specs/features include:
Face ID, Apple's facial recognition security systemGigabit-class LTE and Wi-Fi 6 for faster dow…

Visa Participates In $40 Million Round For Anchorage

Visa CEO Al Kelly

image: Visa

Anchorage, a crypto storage startup launched in 2017, has raised $40 million in Series B funding to accelerate its growth. Blockchain Capital  -- a VC firm that has backed top crypto companies including BitFury, BitGo, Coinbase, Block.one, Kraken, Ripple, Xapo and more -- led the round, with participation from payments giant Visa.

Anchorage says it'll use the funding to invest in support for more crypto assets, add participative features [for example, stock dividends and bond coupon payments on crypto assets] and work on more crypto services. Including this round, Anchorage has raised nearly $60 million in total funding. The crypto storage startup emerged with $17 million in funding led by Andreessen Horowitz earlier this year. Khosla Ventures, PayPal co-founder Max Levchin, Blackrock's Mark McCombe and AngelList co-founder Naval Ravikant also participated in that round.


Anchorage's founders [Diogo Mónica and Nathan McCauley] had stints at payments company Square and Docker, a leading cloud infrastructure company. They both joined Square in 2011 where they spent four years before leaving to head the security team at Docker. Their payments and security experience make for a good one given Anchorage's operations is hinged on both. Crypto storage involves a great deal of security given the high amount of recorded crypto hacks [more than $1.3 billion stolen].

“We believe Anchorage is the safest place to hold digital assets, having modernized crypto custody beyond physical cold storage with advanced security engineering,” Blockchain Capital co-founder and Managing Partner P. Bart Stephens said in a statement. “......Anchorage’s next generation custody solution is ideally positioned to help investors keep up with the future direction of crypto networks. We are leading this investment because we believe Anchorage will have a transformative impact on the financial world.” He said.

Blockchain Capital is not just an investor but is also an Anchorage customer.



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Apple Debuts The iPhone 11

Apple, yesterday at the Steve Jobs Theater, debuted the new iPhone 11, along with two additional variants: the iPhone 11 Pro and iPhone 11 Pro Max. The iPhone 11 is a smartphone that has a dual-camera system, for the first time on an Apple phone, and is powered by Apple's A13 bionic chip, one of the most powerful smartphone chips out there. The Pro and Pro Max variants went a step further with a triple-camera system, comprising of an Ultra Wide, Wide and Telephoto camera that work together to shoot high-quality footage. The iPhone 11 on the other hand only has Ultra Wide and Wide cameras.



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