RenrenBit CEO Zhao Dong speaks about Tether’s yuan-backed stablecoin and its impact on Bitcoin and crypto startups in China. In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao […]
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Decentralized finance startup InstaDApp has secured $2.4 million in a seed round from an array of strategic investors, including Coinbase Ventures and Pantera Capital. Decentralized finance (DeFi) startup InstaDApp has secured $2.4 million in a seed round from an array of strategic investors, including Coinbase Ventures and Pantera Capital. New funding Per an Oct. 1 […]
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The U.S. Securities and Exchange Commission reaches a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network. The United States Securities and Exchange Commission (SEC) reached a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network. $225,000 in disgorgement and penalties On Oct. 1 the SEC announced in a […]
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Berlin-based blockchain firm delivers mine-to-market technology solutions to help fight against blood diamonds in the Democratic Republic of Congo. Berlin-based blockchain company, RCS Global delivers mine-to-market technology solutions to help fight against conflict minerals in the Democratic Republic of Congo. Not part of a blood-stained supply chain On Oct.1 Reuters reported that government officials in […]
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After serving over 25 years at two of the world’s largest financial institutions, Howard Surloff joins Blockchain.com as general counsel. BlackRock and Goldman Sachs veteran Howard Surloff has joined major crypto wallet provider Blockchain.com as general counsel. Over 25 years in traditional finance After serving over 25 years the two of the world’s largest and […]
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Blockchain startup Spring Labs was selected to develop a national property lien registry for four financing providers in the United States. Blockchain company Spring Labs will be developing a national property lien registry for four financing providers in the United States. Combat fraud and enhance identity validation In an Oct. 1 press release, Spring Labs […]
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Digital asset investement firm KR1’s portfolio surged in value in H1 2019, with the company attributing its $5.6 million profit to the launch of Cosmos network. European digital asset investment firm KR1 posted a $5.6 million profit for the half year ending on June 30, 2019, mainly due to the launch of Cosmos network. High […]
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Former employees of JPMorgan, Intel, and TrustToken launched a new US dollar-backed stablecoin, dubbed the USDD. The Global Currency Organization (GCO) is launching a new U.S. dollar-backed stablecoin, dubbed the USD Digital (USDD). In an Oct. 1 press release shared with Cointelegraph, the GCO announced the launch of the USDD, a new stablecoin pegged to […]
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Ethereum-compatible elastic blockchain network, the SKALE Network, completed a $17.1 million funding round for mainnet launch. The Skale Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch. Solid global backing Backed by the Liechtenstein’s Node Foundation and United States-based Skale Labs, the network now has over 40 investors in the […]
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Global wash trading on crypto markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute. Global wash trading on cryptocurrency markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute (BTI). Kraken, Poloniex, Coinbase and Upbit are […]
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