About Author:
Aisshwarya Tiwari
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
In a press release issued on August 6, 2019, cryptocurrency management firm BlockFi announced that it had raised $18.3 million in a Series A funding round. Per sources in the know, the venture round was led by Valar Ventures and saw participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna...
In a Medium post published on July 29, 2019, distributed ledger technology (DLT) project PundiX announced that its cryptocurrency payment app - XWallet - had successfully integrated the Samsung Blockchain Wallet. The First Fintech App in Samsung’s Blockchain Ecosystem Blockchain project PundiX has become one of the first fintech firms...
In a blog post published on July 15, 2019, cryptocurrency exchange Binance announced that it had upgraded its in-house blockchain – Binance Chain – to its mainnet. Enter Galileo, What's New? Launched in April 2019, Binance’s distributed ledger network – Binance Chain – has been upgraded to its mainnet version...
Litecoin (LTC) has become the “official cryptocurrency of the Miami Dolphins,” the Litecoin Foundation announced through a blog post, July 12, 2019. Ride the Lightning The mingling of sports and digital currencies is not something unheard of. To date, a number of high-profile sports clubs have entered into partnerships with...
On July 8, 2019, the New York Attorney General’s Office (NYAG) submitted new court filings alleging that iFinex Inc., the parent company of cryptocurrency exchange Bitfinex and stablecoin issuing firm Tether (USDT), continued providing services to New York residents as late as January 2019. First reports on the subject came...
Software giant Oracle has partnered with the World Bee Project (WBP) to jointly develop a blockchain-powered solution that tracks the supply chain journey of honey. This, according to a report by Ledger Insights, published on July 5, 2019. Sweetening the Supply Chain Blockchain technology’s use in the supply chain space...
In a blog post published on July 4, 2019, Scottish craft beer brewery BrewDog announced that it was extending its latest crowdfunding to allow investors to buy its shares through cryptocurrencies. Beer Money In light of the ongoing crypto bull run, craft beer brewery BrewDog’s crowdfunding project – Equity for...
According to a July 5, 2019, report by The Times of India, State Crime Investigation Department (CID) has unearthed yet another cryptocurrency scam in Surat, India, which is estimated to have defrauded investors of more than $180,000. Yet Another Indian Crypto Scam The Catch-22 situation of cryptocurrency regulations in India...
In a blog post published on July 3, 2019, community-driven blockchain project Tezos announced that it had secured a business partnership with Latin America’s largest standalone investment bank, Banco BTG Pactual S.A. and Dubai-based asset manager Dalma Capital. The two entities will reportedly use the Tezos Foundation’s blockchain for security...
In a blog post published on July 2, 2019, cryptocurrency exchange Bitfinex announced that it had repaid $100 million of the outstanding loan amount to closely affiliated stablecoin firm Tether (USDT). Keeping the Record Clean Bitfinex, one of the largest cryptocurrency exchanges in the world by reported trading volume has...
