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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

That is the story of wbrshow.idacb.com — where you will find best investors from most popular areas. We picked up…

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Category: Blockchain

Why Goldman and JPMorgan Invested $32 Million in Blockchain Despite Bear Market

Category: Blockchain, Business, Ethereum, Finance, Investment, News

Why Goldman and JPMorgan Invested $32 Million in Blockchain Despite Bear Market

JPMorgan and Goldman Sachs, two of the biggest banks in the global finance sector, have led a $32 million Series B funding round for blockchain startup Axoni, to deploy blockchain-based solutions in the traditional finance industry. $55 Million in New Capital Since 2016, as the only competitor to R3CEV, a significant blockchain consortium supported by banks such as Citibank, BBVA,…

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Luxcore Engages in Corporate Reshuffle, Appoints John McAfee as CEO

Category: Altcoins, Bitcoin, Blockchain, Business, Development, News

Luxcore Engages in Corporate Reshuffle, Appoints John McAfee as CEO

Luxcore recently finished a corporate reorganization along with a series of hard forks which introduced new blockchain features its ecosystem to maintain a leadership role as a blockchain service provider, as stated in an announcement on August 13, 2018. The company bills itself as an enterprise-ready blockchain ecosystem platform. The recent reorganization is an effort to attract more partners to their…

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Fintech Startup Bitt Signs an MoU with Caribbean Central Bank to Launch State-Issued Cryptocurrency

Category: Adoption, Altcoins, Bitcoin, Blockchain, Finance, News

Fintech Startup Bitt Signs an MoU with Caribbean Central Bank to Launch State-Issued Cryptocurrency

Barbados-based startup Bitt has recently signed a Memorandum of Understanding (MoU) with the Central Bank of Curacao and Sint Maarten (CBCS). The goal of the partnership is to look into the different possibilities and feasibilities of issuing digital guilder or a Central Bank backed cryptocurrency. CBCS Explores the Idea of a Central Bank backed Cryptocurrency According to the press release,…

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ICO Exit Scams: Bad Actors Cart Away $100 Million in 2018

Category: Bitcoin, Blockchain, Ethereum, News

ICO Exit Scams: Bad Actors Cart Away $100 Million in 2018

While there have been quite many initial coin offerings (ICOs) that have made investors smile to the bank in recent times,  there’s no denying that some of these crypto-based fundraisers have also broken the hearts of many. At current, it is estimated that investors have lost nearly $100 million to ICO exit scams, as first reported by blockchain intelligence firm,…

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Bitcoin and Ether Lose Ground and Tim Draper Keeps the Faith

Category: Altcoins, Bitcoin, Blockchain, Investment, News

Bitcoin and Ether Lose Ground and Tim Draper Keeps the Faith

In August 2018, Bitcoin and a large batch of other cryptocurrencies experienced a massive sell-off, and the market is showing few signs of turning around any time soon. This week, Bitcoin dropped as much as 6.2 percent to $5,887. This is the pioneer digital currency’s lowest level since June. However, as Bitcoin maintains its low but stable level, Ether is…

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China’s Ministry of IT Will Speed Up Development of Blockchain Industry

Category: Bitcoin, Blockchain, Investment, News, Regulation

China’s Ministry of IT Will Speed Up Development of Blockchain Industry

The Ministry of Industry and Information Technology of China has ordered local financial authorities to speed up the development of the blockchain industry by creating a healthy, orderly, and fair market for companies. Xinhua, the official state-run press agency of the People’s Republic of China, reported that the ministry will increase its efforts in growing the local blockchain sector by…

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Winners Emerge in the European Investment Bank (EIB) Blockchain Hackathon

Category: Altcoins, Blockchain, Business, Development, News

Winners Emerge in the European Investment Bank (EIB) Blockchain Hackathon

According to a Finextra report on August 13, 2018, a team of programmers from EY have won the distributed ledger technology (DLT) hackathon organized by the European Investment Bank (EIB) aimed at formulating fail-proof methods to redesign the transaction processing of commercial paper with blockchain technology. 56 Coders, 15 Countries, One Winner In a bid to revolutionize the old and…

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Facebook’s David Marcus Leaves Coinbase’s Board as Facebook Ramps up Blockchain Efforts

Category: Blockchain, Business, Development, Exchange, News

Facebook’s David Marcus Leaves Coinbase’s Board as Facebook Ramps up Blockchain Efforts

Facebook executive and head of blockchain research David Marcus has left his board of director position at Coinbase after eight months. According to Bloomberg, Marcus previously accepted a role as the head of a blockchain group at Facebook in May 2018. His departure is a strong sign that Facebook is looking to ramp up their blockchain efforts. Marcus Resigned to…

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Cryptocurrency Funds on the Rise in 2018

Category: Altcoins, Blockchain, Business, Finance, Investment, News

Cryptocurrency Funds on the Rise in 2018

According to Cryptofundresearch, cryptocurrency funds have been increasing since cryptocurrencies gained significant popularity in 2017. With Bitcoin’s rising prices and increased general awareness of the cryptocurrency industry, over 100 cryptocurrency funds emerged in 2017 alone. These cryptocurrency funds accounted for over 14 percent of the launch of new hedge funds. While this appears as a small number, it’s important to…

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Curing Ad Blindness with Blockchain: Marketing 3.0

Category: Altcoins, Blockchain, Business, News, Platform

Curing Ad Blindness with Blockchain: Marketing 3.0

Advertisers are looking to blockchain technology to subvert the marketing phenomena called “ad blindness.” Ad blindness is a sort of natural defense against the constant bombardment of ads people are subjected to on a daily basis. Essentially, potential consumers disregard most of the advertisements with which they are deluged. This adaptation, along with ad blocking software, is enough to cost…

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