About Author:
1 Confirmation with Jeff and Dave
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...
According to a July 2, 2019, report by tech media website The Sociable, the United Nations (UN) – as part of its “City for All” program - is developing a blockchain-powered solution for sustainable urban development in Afghanistan. Leveraging Blockchain for Urban Development The UN has turned to distributed ledger...
Citing research by crypto-security firm Chainalysis, Bloomberg reported on July 2, 2019, that the use of bitcoin (BTC) for dark web transactions could exceed $1 billion figure for the year 2019. $515 Million Worth of BTC Already Spent Cryptocurrencies and the dark web share a long and significant past. The...
Cryptocurrency trading startup ErisX has received the regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC) to offer Bitcoin-backed futures contracts to investors. The fintech firm announced in a Medium post published on July 2, 2019. ErisX Bags Coveted License ErisX, a cryptocurrency trading platform backed by the likes...
Distributed ledger technology (DLT) project Golem (GNT) on June 28, 2019, announced the launch of a new entity called the Golem Foundation. According to the Medium post, the Foundation will help the Golem ecosystem in developing new and innovative blockchain solutions and subsequently uplift its market stature. Top Management Shuffle...
According to a Forbes article published on June 27, 2019, Irish cryptocurrency exchange Bitsane has suspiciously disappeared from the market leaving almost 246,000 users without their digital assets. Without a Trace Ireland-based cryptocurrency exchange Bitsane is the latest cautionary tale in an industry marred with frequent exit scams, hacks, and...
