A new, scalable blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding. A new blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding from big-name investors that include Sequoia Capital. The funding was reported by Fortune’s crypto-focused news section […]
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The U.S. SEC’s move to fine celebrities for fraudulent ICO advertising tells a cautionary tale to investors and would-be advertisers. Like many different industries, Hollywood’s involvement with cryptocurrencies and Initial Coin Offerings (ICO) has become a reality and a number of celebrities have looked to capitalize on the surge in interest and potential money to […]
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Fidelity Investments, Nasdaq Ventures and others have invested a total of $27.5 million in crypto exchange ErisX. Crypto exchange ErisX has raised $27.5 million from Fidelity Investments and Nasdaq Ventures, among other investors, Reuters reports Dec. 4 Nasdaq is the world’s second largest stock exchange, while U.S. investment firm Fidelity administers over $7.2 trillion in […]
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A new blockchain accelerator set to launch in Singapore is backed by a government body supporting enterprise development. Singaporean government body Enterprise Singapore, along with other partners, has supported a new blockchain accelerator launched by a local venture capital firm, daily local newspaper The Straits Times writes Tuesday, Dec. 4. Trive Ventures has launched the […]
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The South Korean Financial Supervisory Service has asked two major domestic banks to supplement their currency-related business procedures. A South Korean financial authority has warned two major domestic banks about their lack of management of cryptocurrency transactions and anti-money laundering (AML) regulation, local online media outlet The Daily reports Dec. 4. The Financial Supervisory Service […]
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The world’s second largest stock exchange Nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019. The world’s second largest stock exchange Nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019, U.K. daily tabloid the Express reported Monday, Dec. 3. As reported, two insider […]
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Ethereum blockchain startup and incubator ConsenSys plans to streamline and toughen its business style amid a competitive blockchain space. Major Ethereum (ETH) blockchain startup and incubator ConsenSys plans to streamline and toughen its business style amid an increasingly “crowded” competitive blockchain space. The shift in strategy was reported by online tech journal Breaker on Dec. […]
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The CEO of Japanese fintech firm and crypto exchange operator Quoine believes Bitcoin will “surpass” its all-time price highs by the end of 2019. The CEO of Japanese fintech firm and crypto exchange operator Quoine has said he believes Bitcoin (BTC) will “surpass” its all-time price highs by the end of 2019, during an interview […]
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Want to remove some of the volatility from your investments? Here’s a look at some of the traditional financial instruments making waves in the crypto world. The crypto market has been brutalizing of late – but many traders don’t realize that there is a plethora of financial instruments out there. Each offer investors a new […]
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SK Group has signed an MoU with ConsenSys to create and develop an “enterprise blockchain ecosystem.” South Korean technological holding SK Group has signed a Memorandum of Understanding (MoU) with ConsenSys for blockchain business cooperation, according to a SK Group official press release published today, Dec. 4. SK Holdings C&C is the information technology solutions […]
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