industrial Archives - Page 36 of 40

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

December 20, 2018cashtechnews

Venture capitalist Peter Thiel has purportedly invested in digital currency investment platform Layer1. Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19. San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel, crypto-focused venture […]

Korean Gov’t Pilots Blockchain for Logistics Innovation in Country’s Largest Port

December 18, 2018cashtechnews

Two South Korean government ministries have launched a blockchain pilot for port logistics innovation and the country’s container shipping industry. Two South Korean government ministries have launched a blockchain pilot for port logistics innovation, according to a press release from the country’s Ministry of Science, ICT and Future Planning (MSIT), published Dec. 18. MSIT, together […]

Major South Korean City to Build Blockchain-Enabled Virtual Power Plant

December 10, 2018cashtechnews

South Korea’s government will spend $3.5 million to set up a blockchain-enabled virtual power plant in the city of Busan. South Korea’s government will spend 4 billion Korean won (KRW) (about $3.5 million) to set up a blockchain-enabled virtual power plant (VPP) in the city of Busan. The development was reported by South Korean newspaper […]

South Korean Startup Presto to File Constitutional Appeal Against Local ICO Ban

December 9, 2018cashtechnews

A South Korean blockchain startup has announced its intention to file a constitutional appeal against the country’s ICO ban. A South Korean blockchain startup, Presto, will reportedly file a constitutional appeal over the county’s ban on Initial Coin Offerings (ICOs), South Korean economic media outlet Sedaily reports Dec. 6. Presto claims on its website that […]

Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

December 9, 2018cashtechnews

As Coinbase and Poloniex open up dedicated investor accounts and Russia’s state-owned bank conducts a large over-the-counter transaction, OTC trading takes center stage in attracting institutional investors With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter (OTC) trading for […]

Crypto Fund Wagers $1 Mln It Will Outperform S&P 500 in ‘Buffett Bet 2.0’

December 6, 2018cashtechnews

Crypto asset manager Morgan Creek Digital has issued a $1 million bet against the performance of the S&P 500 stock market index. Crypto-focused institutional asset manager Morgan Creek Digital has issued a $1 million bet against the S&P 500 (SPX) stock market index, a press release shared with Cointelegraph reveals Dec. 6. The crypto fund […]

How Significant Is Blockchain in Internet of Things?

December 4, 2018cashtechnews

With IoT back in the spotlight, it’s a good time to look at what impact blockchain has on the industry and what challenges there are to overcome. The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain […]

Korea’s Largest Internet Firm Kakao Is Running a Crypto ICO That Is Not Subject to SEC Scrutiny

December 3, 2018cashtechnews

Kakao is close to completing the private sale of its cryptocurrency called Clay, raising $300 million. Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay. In March, Kakao […]

Russia: Sberbank and Interros Group Conclude Blockchain-Based Foreign Exchange Repo Deal

December 1, 2018cashtechnews

Interros Group and Sberbank in partnership have carried out an OTC foreign exchange repo deal on blockchain. Sberbank and Interros Group have carried out an over-the-counter OTC foreign exchange repurchase agreement (repo) transaction employing smart contracts on a blockchain, Reuters Russia reports Nov. 30. The Interros Group is a Moscow-based private equity firm founded by […]

VanEck, SolidX Make Case for Bitcoin ETF at Latest Meeting With US SEC

November 30, 2018cashtechnews

The U.S. SEC has published a memorandum from the latest meeting regarding the Bitcoin ETF proposal from VanEck and SolidX. The U.S. Securities and Exchange Commission (SEC) has published a memorandum Nov. 28 of the latest meeting regarding a Bitcoin (BTC) exchange-traded-fund (ETF) proposal. The application was originally brought to the commission by U.S. investment […]

Tag: industrial

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

Korean Gov’t Pilots Blockchain for Logistics Innovation in Country’s Largest Port

South Korean Startup Presto to File Constitutional Appeal Against Local ICO Ban

Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

Crypto Fund Wagers $1 Mln It Will Outperform S&P 500 in ‘Buffett Bet 2.0’

Korea’s Largest Internet Firm Kakao Is Running a Crypto ICO That Is Not Subject to SEC Scrutiny

Russia: Sberbank and Interros Group Conclude Blockchain-Based Foreign Exchange Repo Deal

VanEck, SolidX Make Case for Bitcoin ETF at Latest Meeting With US SEC

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