Blockchain-based lending firm Dharma Labs raised $7 million from big investors including Coinbase Ventures. San Francisco-based blockchain lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures, as the company confirmed to Cointelegraph on Feb. 5. According to crypto news outlet The Block Crypto, Dharma Labs is planning to use the […]
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The Forbes “Fintech 50” list for 2019 of top fintech firms features little over half as many blockchain companies as before. The Forbes 2019 “Fintech 50” list of the world’s top financial technology firms published on Feb. 4 features six blockchain companies, little more than half the amount listed in the 2018 edition. Released in […]
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Social media giant Facebook has reportedly acquired a blockchain startup, marking an apparent first for the company. Social media network Facebook has reportedly acquired Chainspace in its first apparent blockchain-related acquisition, Cheddar reports on Feb. 4. Sources purportedly told Cheddar that Facebook acquired Chainspace, a small blockchain startup, in an ‘acquihire,’ or an acquisition of […]
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Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling. Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling, the firm’s co-founder and president Hartej Sawhney told Cointelegraph on Feb. 1. While stating that […]
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Ethereum has launched its first pre-release for phase zero of the network’s evolving transition to Ethereum 2.0, also known as Serenity Ethereum (ETH) has launched its first pre-release for phase zero of the network’s evolving transition to Ethereum 2.0, according to new post published to Ethereum’s github on Jan. 31. The post notes that “this […]
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Daniel Haudenschild, CEO of the blockchain advisory unit at Swiss state-owned telecoms company Swisscom, has left the firm. The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30. As major local news outlet Swissinfo reported the same […]
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Blockchain technology is facing a serious scalability issue, and solving it might not be as easy as some think. In the history of blockchain to be written in textbooks, 2018 will probably be known as the year of failing at scaling. An outcry for scalable blockchain systems in 2017 led to a number of companies […]
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After the announcement of its development in October 2018, Wrapped Bitcoin, an Ethereum-based token backed by Bitcoin, has launched. Wrapped Bitcoin (WBTC), an Ethereum (ETH)-based token backed by Bitcoin (BTC), has launched today, Jan. 31, according to a press release on the network’s website. The currency is a joint initiative by blockchain security firm BitGo, […]
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The Italian postal service has joined the Hyperledger blockchain community, which includes American Express, Cisco, Intel and JPMorgan. The Italian postal service provider, Poste Italiane, has joined the Hyperledger blockchain community, Cointelegraph Italia reported on Jan. 29. Hyperledger is a collaborative project led by the Linux Foundation which aims to create open-source standards for blockchain […]
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sponsored The company says it has developed a new ecosystem that includes three payment methods based on the blockchain, plus an exchange platform, cloud mining and investment banking structure. A startup named Pyrex says it has created the “next generation cryptocurrency,” which enables untraceable payments and unlinkable transactions. Its ecosystem includes three separate but interchangeable […]
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