Major cryptocurrency exchange Binance prepares to list the first-ever SEC-sanctioned Blockstack token. Major cryptocurrency exchange Binance is preparing to expand its token offering with the listing of Blockstack (STX). According to an announcement on Oct. 23, the cryptocurrency exchange will open trading for STX/Binance Coin (BNB), STX/Bitcoin (BTC) and STX/Tether (USDT) trading pairs on Oct. […]
Continue Reading
Overstock’s venture capital arm Medici Ventures joins $31 million funding round for California-based software company in the financial industry. Overstock’s venture capital arm Medici Ventures invests in PeerNova, a startup that develops blockchain-based solutions for financial institutions to synchronize their data across multiple systems. In an Oct. 22 press release, PeerNova reported that it had […]
Continue Reading
Morgan Creek Capital Management firm has raised $61 million for second blockchain fund, with the ultimate goal of raising $250 million. Anthony Pompliano’s Morgan Creek Capital Management firm established a blockchain fund to explore opportunities using distributed ledgers. On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filling for its second blockchain […]
Continue Reading
Kik almost went to the verge of shutting down because of its lawsuit with the SEC. A buyout from MediaLab saved it. On Oct. 13, Canadian social media and messaging app Kik revealed it’s “here to stay.” This was an apparent reversal from what the company’s CEO, Ted Livingston, said in a blog post — […]
Continue Reading
UNICEF’s decision to accept donations and distribute humanitarian aid in Bitcoin and Ether proves that cryptocurrency is changing the world one day at a time. When disaster strikes the swift delivery of aid often plays a massive role in preventing disease, exposure, and the pause in the delivery of essential services from exacerbating an already […]
Continue Reading
TON investors could be left in the cold due to a reimbursement clause in the contract. Legal experts weigh in. Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and […]
Continue Reading
ACINQ Phoenix wallet opens Bitcoin Lightning Network to the masses. French Bitcoin (BTC) Lightning Network (LN) implementation developer ACINQ introduced its second-generation Lightning Network wallet, Phoenix, via Twitter, on Oct. 18. A video accompanying the post demonstrates a number of wallet functions, all accessed via a user-friendly interface. From setup to receiving and making payments […]
Continue Reading
For the past decade, crypto has been associated with illegal activities, and politicians have stayed away. Is the perception now changing? A Reuters report published on Oct. 8 claimed that Japan’s internal affairs and communications minister, Sanae Takaichi, confirmed to ministers in the country that crypto donations are not subject to financial regulations. However, in […]
Continue Reading
The Federal Reserve’s Lael Brainard says Libra could pose risks to consumers due to ambiguity over their rights. A member of the Federal Reserve’s Board of Governors has said that Facebook’s Libra could pose risks to consumers due to a lack of clarity over their rights with respect to the token’s underlying assets and to […]
Continue Reading
The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers. The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers. According to an Oct. 17 report from […]
Continue Reading