Porsche has announced it is increasing its total investment in venture capital activities by €150 million for the next five years. By making this move, the German automobile manufacturer intends to gain access to new technologies, trends and business models. Porsche Ventures, being a strategic investor, is aiming to invest in business models that […]
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A raft of leading gaming and blockchain companies have come together to form the Blockchain Game Alliance (BGA), a coalition dedicated to advocating the use of the technology in the gaming industry. The BGA will serve as an open forum for knowledge-sharing and collaborative research which “fosters new ways to create and play games” with […]
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Crypto firm DigitalX Ltd. faces a claim in Australia’s federal court from clients it reportedly advised on an ICO investment. Crypto firm DigitalX Ltd. has been served with an Originating Application and Statement of Claim. The claim was filed by a group of DigitalX’s clients in Australia’s Federal Court, according to an official announcement published […]
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Sierra Leone’s president, Julius Maada Bio, announced a new initiative to create a blockchain-based credit bureau in partnership with the U.N. Sierra Leone’s president Julius Maada Bio announced a new initiative to create a national, blockchain-based credit bureau. The announcement took place at the 73rd Session of the U.N. General Assembly (UNGA) Thursday, September 27. […]
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The Nanjing Arbitration Committee in China’s eastern Jiangsu province is testing a new blockchain platform designed to store and process data for legal disputes. The Nanjing Arbitration Committee is testing a new blockchain platform designed to store and process data for legal disputes. The organization officially announced this September 27. China’s regional arbitration committees were […]
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One of India’s largest cryptocurrency exchanges has suddenly suspended its services due to the uncertain legal status of crypto assets. Major Indian cryptocurrency exchange Zebpay announced it had stopped all trading due to the country’s banking ban. The official announcement was published Thursday, September 27. Citing “extremely difficult” conditions it encountered attempting to process customer […]
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Tom Lee predicts Ethereum will surge up to $1,900 by the end of 2019, which is 40 percent higher than the coin’s all-time high. Major altcoin Ethereum (ETH) is about to see a “trend reversal and rally strongly” up to $1,900 per token by the end of 2019, according to Fundstrat head of research Tom […]
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Swiss commodities management company Tiberius Group AG is going to introduce a digital currency backed by metals. Switzerland-based asset management company Tiberius Group AG is going to introduce a cryptocurrency backed by metals, Bloomberg reported September 27. Founded in 2005 as a commodities asset management firm, Tiberius Group manages around $350 million in assets. The […]
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The U.S. House of Representatives has passed a bill that would establish a task force to combat terrorist use of cryptocurrencies. The U.S. House of Representatives passed a bill on September 26 that would establish a crypto task force to combat terrorist use of cryptocurrencies, public records indicate. House Resolution (H.R.) 5036, which represents an […]
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Crypto markets see sharp growth within a few hours, following a slight stagnation over the day, BTC tested $6,700 support. Thursday, September 27: crypto markets continue to rise as the crypto and blockchain industry is seeing some support from governmental and institutional entities. Following a sell-off that started on September 24, crypto markets are seeing […]
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