MENU

Cryptocurrencies
Category

Coinbase: The Heart of the Bitcoin Frenzy

By Nathaniel Popper for The New York Times

The San Francisco start-up has been at the center of the virtual currency boom. But like any young company, it is experiencing growing pains.

(more…)

Blockchain, Cryptocurrencies

December 11, 2017

144

6 red flags of an ICO scam

By Deep Patel for Tech Crunch

ICOs have opened to the general public investments in blockchain ventures. In the third quarter of 2017 alone, ICOs raised more than $1.3 billion for crypto ventures — approximately five times more than funding raised through venture capital in the blockchain space. (more…)

Cryptocurrencies, Global trends, Hotnews

December 8, 2017

Coinbase hits top spot on Apple’s US App Store despite struggling to handle bitcoin demand

View image on TwitterIgnoring recent price rises for a second, if you can — there’s no greater sign of bitcoin fever than an app that lets you buy the cryptocurrency becoming the most downloaded app in the App Store. (more…)

Cryptocurrencies, Global trends

December 8, 2017

109

Bank Indonesia to Bar Fintech Companies From Using Digital Currency on Platforms in 2018

Bank Indonesia announced on Thursday it has issued new regulations that bar fintech companies from using cryptocurrencies on their platforms. This news comes less than two months after the bank announced it has drawn up rules to monitor fintechs in the country. (more…)

Banks, Cryptocurrencies, Government activities

December 8, 2017

Why is bitcoin’s price so high?

By John Biggs for TechCrunch

Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? (more…)

Blockchain, Cryptocurrencies, Fintech news

December 8, 2017

South Korea’s Financial Services Commission Plans To Reverse ICO Ban

South Korea’s Financial Services Commission (FSC) is planning to introduce regulations for Bitcoin and other digital currencies, as well as to lift the blanket ban on initial coin offerings (ICO) in the country. The plans were revealed by a senior agency official on Dec. 6, 2017. (more…)

Cryptocurrencies, Fintech news, Global trends, Government activities, InspirAsia

December 8, 2017

147

Revolut lets customers buy Bitcoin, Litecoin and Ethereum

European digital banking outfit Revolut is now letting its customers buy, hold and exchange cryptocurrency from within its app. (more…)

Cryptocurrencies, Fintech news

December 6, 2017

126

Hope grows that a larger SEC crackdown on ICOs is coming — and soon

By Connie Loizos for techcrunch

More than $3 billion has been raised through so-called initial coin offerings so far in 2017. Yet while numerous of these have already proven to be good old-fashioned scams, regulators in Washington have remained relatively quiet aside from warning issuers that at least some coins sold in ICOs could be considered securities; publishing a statement saying celebrity endorsements of ICOs may be unlawful without appropriate disclosures around compensation; and bringing two cases against fraudulent coin offerings. (more…)

Blockchain, Cryptocurrencies, Fintech news, Hotnews

December 6, 2017

144

No CEO needed: These blockchain platforms will let ‘the crowd’ run startups

By Jeremy Epstein for Venture Beat

Back in May, I wrote about the concept of DAOs, decentralized autonomous organizations capable of running themselves thanks to blockchain technology — no CEO or C-Suite needed. At the time I was writing, there were a few people in the blockchain community testing out the idea but no strong efforts underway. That was six months ago. (more…)

Blockchain, Cryptocurrencies

December 4, 2017

145

Coinsilium Group buys 30% stake in ICO advisory outfit StartupToken

By Coinsilium

Coinsilium Group Limited (NEX: COIN), the blockchain venture builder and investor that finances and manages the development of early-stage blockchain technology companies, is pleased to announce it has acquired a 30% equity stake in StartupToken Limited (“StartupToken”), a provider of accelerator and advisory services to technology start-ups and companies looking to undertake Token Generation Events (“TGEs”), sometimes referred to as Initial Coin Offerings (“ICO’s”). (more…)

Blockchain, Cryptocurrencies, Deals, Global trends

November 30, 2017

Digital Bank Revolut Prepares to Launch Cryptocurrency Features

Digital only challenger bank Revolut is preparing to enter the cryptocurrency world with new features on their bank app to allow users to exchange and use Bitcoin and other digital currencies. While some traditional banks look at crypto with disdain (heres looking at you, Jamie Dimon), Revolut is embracing the future and providing a service that users demand. For a traditional bank to incorporate a new feature like this it would take months, perhaps years, of internal discussion. This committee and that one would weigh in on the costs and benefits – to the detriment of actual action that would provide a service consumers want. This is not the case with an agile bank like Revolut. You just go and do it. (more…)

Blockchain, Cryptocurrencies, Global trends, Hotnews

November 29, 2017

Moneo.io sets up blockchain talent agency

By Moneo.io

This week sees the official launch of Moneo.io — the world’s first blockchain talent agency that enables organisations worldwide to hire high-end, experienced blockchain freelancers, from coders to marketers, and pay both their fee and the freelancers themselves in bitcoin via Moneo’s secure, escrowed payments platform. (more…)

Blockchain, Cryptocurrencies, Deals

November 28, 2017

347

An Investor’s Guide To The Four Kinds of ICOs

By Noah Jessop

Investment in the crypto economy is now roughly equivalent to 5% of theentire VC industry, as measured by total capital deployment. The pace doesn’t seem to be slowing and as crypto becomes a more common startup financing tool, investors — both institutional and individual — are seeing an unprecedented flow of opportunities. The waves of whitepapers can be overwhelming, but here are thoughts on how to classify new projects in one of four ways. (more…)

Cryptocurrencies, Global trends

November 27, 2017

448

Here’s How to Make Cryptocurrencies Attractive to Investors

By Dan Itkis, Co-founder of Graft Network for FinTech Ranking

Views will always differ when it comes to the reasons why Bitcoin and other cryptocurrencies, for all the success (mostly in pricing) they’ve collectively enjoyed, are yet to see mainstream adoption. Many industry experts, as well as experts from the traditional financial space, are likely to point at the instability in the values of cryptocurrencies, or digital currencies, as the main reason people are not embracing cryptocurrency en masse. You’re likely to get the same answer if you ask long-term investors why they shy away from investing in cryptocurrency. (more…)

Blockchain, Cryptocurrencies, Hotnews

November 24, 2017

378

Bermuda bids to become cryptocurrency haven

By BDA,

The Bermuda Business Development Agency (BDA) will take a lead role in an initiative launched by the Bermuda government today to accelerate the establishment and growth of digital currency business on the island. (more…)

Cryptocurrencies, Fintech news, Government activities

November 23, 2017

192

Op Ed: “We Never Thought of That” — When Venture-Backed Companies Undertake Reverse ICOs

By  for Bitcoin Magazine

With well over $3 billion raised this year alone, in very little time initial coin offerings (ICOs) have emerged as a major source of venture finance. Even companies that have already raised conventional venture funding will be tempted to raise additional funds through ICOs. Although not fully intuitive, some have labeled token issuances by entities that previously obtained equity financing as “Reverse ICOs.” (more…)

Cryptocurrencies, Hotnews

November 22, 2017

Tether, a startup that works with bitcoin exchanges, claims a hacker stole $31M

By John Russel for Tech crunch

Bitcoin cruised past $8,000 for the first time this week, but it hasn’t been smooth sailing for all after Tether — a company that helps exchanges convert fiat currency to token — said today that a hacker snatched nearly $31 million. (more…)

Blockchain, Cryptocurrencies

November 21, 2017

149

Coinbase targets institutional investors with digital currency storage service

Cryptocurrency exchange Coinbase is setting up a new firm to help institutional investors securely store their digital assets. (more…)

Blockchain, Cryptocurrencies

November 18, 2017

169

KPMG joins Wall Street Blockchain Alliance

By Wall Street Blockchain Alliance

The Wall Street Blockchain Alliance (WSBA), an industry leading non-profit trade association, is proud to announce that KPMG LLP has joined as a corporate member. (more…)

Blockchain, Cryptocurrencies

November 16, 2017

198

Why ICO Landscape Has Shifted From ‘Bootstrapped’ Projects

By Nick Ayton for Cointelegraph

With 75% of ICOs now failing the reach their soft cap, the entire market has changed direction. This may also squeeze out the scammers and raise the bar beyond pure start ups entrepreneurs… (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends, Hotnews

November 14, 2017

237

62 Insane Facts About Bitcoin – Infographic

Bitcoin is a virtual currency that uses Blockchain technology for secure payments and storing money electronically, without requiring a bank or a person’s name. Satoshi Nakamoto created this cryptocurrency back in 2009. The biggest advantage of Bitcoin is that it’s not under control of central authority, government or private company, so people are free from paying transaction fees. It can be used for booking a hotel or flight, or purchasing products online, as many online stores and companies accept Bitcoin now.

(more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends, Hotnews

November 14, 2017

Just How Disruptive Are ICOs To The Classic VC Model?

By Tomasz Tunguz from Redpoint Ventures for his blog

Initial Coin Offerings, a fundraising mechanism for companies using cryptocurrencies as a mechanism to buy their service, seem to be upending the world of venture capital. Filecoin raised $250M through an ICO. Tezos raised $232M. Bancor raised $153M. These are massive amounts of money. Recently, I’ve been wondering how prevalent ICOs are and whether they could potentially be a substitute for venture capital. (more…)

Blockchain, Cryptocurrencies, Global trends, Government activities

November 7, 2017

211

Investor Gil Penchina talks about the future of cryptocurrency

Investor Gil Penchina has a lot of ideas about the future of the seamless economy. Instead of car ownership, he says, we’ll walk outside and a car will pick us up. Instead of food we’ll be supplied exactly how many nutrients we’ll need at exactly the right time. Instead of money, he says, we’ll use cryptocurrency. (more…)

Blockchain, Cryptocurrencies

November 1, 2017

192

Annual ICO Funding Reaches $3.25 Billion in October

by Hacked

The amount of money raised by start-ups via initial coin offerings (ICOs) rose again in October, as more businesses embraced the controversial crowdfunding model. (more…)

Blockchain, Cryptocurrencies

October 30, 2017

Jamie Dimon’s Warning Regarding The Future Of Bitcoin

By Kaya Johnson for FintechRanking.com

The times when Bitcoin was only used for bogus transactions and it was all surrounded by a mist of mystery and uncertainty are long gone. The cryptocurrency gathers more and more adepts as days go by, however, not everyone is so thrilled about it. (more…)

Blockchain, Cryptocurrencies

October 28, 2017

169

Monetary Authority of Singapore: DLT is a Natural Platform for Collaboration

Ravi Menon, Managing Director of the  Monetary Authority of Singapore (MAS), spoke about the intrinsic potential of Blockchain or Distributed Ledger Technology (DLT) at the Global Blockchain Business Conference last week in India. Singapore is the leading Fintech hub in southeast Asia and is keen to maintain the title. Blockchain is a key element for the future of financial services. (more…)

Blockchain, Cryptocurrencies, Government activities

October 16, 2017

244

Ripple: The Most (Demonstrably) Scalable Blockchain

This is a guest post by Mark Travis for high Scalability, Performance Engineer at Ripple.

Ripple’s XRP Ledger is a blockchain-based payment network that transfers funds between any type of currency within a few seconds with average transaction costs of a fraction of a penny. The core of this peer-to-peer network is an open source C++ application called rippled. Ripple’s goal is to supplant the world’s existing legacy payment networks. As such, scalability is a continuous goal. This document describes how the rippled team has integrated performance engineering into its development processes, and how this has contributed to throughput gains of over 1000%. (more…)

Blockchain, Cryptocurrencies

October 11, 2017

248

Inside the Meteoric Rise in ICOs

from Medium

Initial Coin Offerings (“ICOs”) have quickly grown to account for more startup funding in blockchain-based companies than all of Venture Capital. Nearly $2.3 billion has been raised to date in ICOs, with the large majority of that taking place in the first half of 2017. (more…)

Blockchain, Cryptocurrencies

October 6, 2017

268

Japan and blockchain tech are a match made in heaven

By Jack Ellis for Tech in Asia

Blockchain is about a whole lot more than cryptocurrencies. But it was inevitable that digital tokens would dominate a discussion at Tech in Asia Tokyo 2017 on the impact that blockchain tech is having on Japan’s financial services industry. (more…)

Cryptocurrencies, Fintech news, Hotnews, InspirAsia

October 5, 2017

277

Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M

By Jon Russel for Techcrunch

The parent company of games giant Nexon has confirmed that it acquired Korea’s second largest cryptocurrency exchange, Korbit, in a deal that values it at just over $120 million. (more…)

Blockchain, Cryptocurrencies, Global trends, Hotnews

September 28, 2017