The University of Michigan’s $12 billion endowment plans to bolster its investment in the cryptonetwork technology fund. The University of Michigan’s $12 billion endowment plans to bolster its investment in a “cryptonetwork technology fund” (CNK Fund I) managed by American venture capital firm Andreessen Horowitz. The development was revealed in the agenda for the university’s […]
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Coinbase CEO and co-founder Brian Armstrong has outlined what he believes to be four common misconceptions about crypto custody solutions. Brian Armstrong, co-founder and CEO of United States crypto exchange and wallet Coinbase, has outlined what he believes to be four common misconceptions about crypto custody solutions. His article was published on Fortune’s crypto-focused segment […]
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According to an apparent purchase agreement for Telegraph’s Gram tokens, the network must launch prior to October 31, 2019 in order for token purchase agreements to be valid. Purchase agreements for messenger service Telegram’s Gram tokens will be terminated if the Telegram Open Network (TON) does not launch by October 31, 2019. An apparent purchase […]
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Crypto wallet MyEtherWallet in collaboration with crypto finance firm Bity have launched a platform for the conversion of crypto to fiat without going through KYC requirements. Cryptocurrency wallet MyEtherWallet (MEW) in collaboration with crypto finance firm Bity are releasing a platform to convert cryptocurrency to fiat without Know Your Customer (KYC) requirements. MEW announced the […]
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Three German banking and tech giants have completed a 100,000 euro money market security transaction based on the blockchain platform Corda. German banking and financial services company Commerzbank and technology companies Continental and Siemens have jointly conducted a money market security transaction pilot using blockchain technology. Cointelegraph auf Deutsch reported on the development on Feb. […]
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Deutsche Boerse-operated derivatives exchange Eurex is reportedly planning to launch digital currency futures. Eurex, a Germany-based derivatives exchange operated by Deutsche Boerse, is reportedly planning to launch futures contracts tied to digital assets, financial technologies-focused news outlet The Block reported on Feb. 21. People familiar with the matter reportedly told the Block that Eurex is […]
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The financial capital of the world can afford to be picky — but does it stifle fintech innovation? Recently the New York Department of Financial Services (NYDFS) grant statewide virtual currency licenses to two applicants: stock trading service Robinhood and cryptocurrency ATM operator LibertyX. The state’s regulatory regime, commonly known as BitLicense, imposes a set of […]
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All of the top 20 coins by market cap are seeing red today, with total market capitalization around $133 billion. Thursday, Feb. 21 — cryptocurrency markets are slightly sliding down, with most major coins seeing some noticeable losses, according to CoinMarketCap. Market visualization from Coin360 The top cryptocurrency Bitcoin (BTC) is trading around $3,944, having […]
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Brazil-based Banco BTG Pactual SA has revealed its plans to release а security token, which could be purchased with Gemini Dollars or Ethereum. Latin America’s largest investment bank Banco BTG Pactual SA is releasing its own blockchain-based security token, Bloomberg reported on Feb. 21. The token dubbed “ReitBZ” — which will be backed by distressed […]
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The VP of blockchain and digital currencies for IBM, Jesse Lund, has said that he expects Bitcoin to hit $1 million eventually. The vice president of blockchain and digital currencies for IBM, Jesse Lund, said that he expects Bitcoin’s (BTC) price to eventually hit $1 million. Lund made his prediction during an interview with comparison […]
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