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Medici Benkorous Blockchain Blue Lightning

Medici Ventures Acquires Stake In Bankorus

March 12, 2019 by Tokoni Uti at Blockchain, Business, News

In their latest acquisition, Medici Ventures has acquired a 5.1 percent stake in blockchain banking platform, Bankorous, as announced in a March 11, 2019 press release. Latest Addition Overstock’s Medici ventures have made yet another move to acquire equity, following their $2.5 million equity acquisition in GrainChain, a blockchain-based payment...

Three Muskateers with Brands of Swords

Deutsche Börse AG, Swisscom, and Sygnum to Create a Trusted Market for Cryptoassets

March 12, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Finance, News

In a joint press release on March 11, 2019, Deutsche Börse Group, a German-based capital market company, Swisscom, Switzerland's largest state-owned IT service provider, and Sygnum, a Swiss and Singapore-based fintech company, announced their partnership aimed at developing a trusted market for digital currencies. Regulatory Compliant Cryptospace Per the press...

Bitcoin Climbing to the Top of Aztec Mountain

Bitcoin Inches Closer to $4,000 Mark as Crypto Market Finds its Footing: BTCManager’s Week in Review March 11, 2019

March 12, 2019 by Alex Lielacher at Altcoins, Bitcoin, Business, Development, News, News Digest

The price of bitcoin closed a touch firmer this week at around $3,950, inching close to the $4,000 resistance level it has been struggling to surpass. The market sentiment seems to be changing, and it looks like the crypto winter could be over soon. Bitcoin has stabilized in the high...

Blocks in a Garden

Some Regulators Are Calling 2019 the “Year of the Blockchain”

March 12, 2019 by Nuno Menezes at Adoption, Blockchain, Commentary, News, Regulation

Regulators have eased concerns surrounding regulation over blockchain technology as many consider it might stifle the development of the industry. Yahoo Finance reported that on March 7, 2019, during this year's DC Blockchain Summit in Washington, D.C, regulators have eased these concerns when telling attendees they considered the technology would...

Coin Looking at Marshall Islands through Binoculars

The Marshall Islands Digital Currency to Go Live Later in 2019

March 11, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Blockchain, Commentary, Finance, News, Regulation

Despite being criticized by several observers in the international community, including the International Monetary Fund (IMF ) and others, the government of the Marshall Islands remains focused on launching a cryptocurrency later in 2019. The country is reportedly working with Israeli fintech firm, Neema to ensure the Sovereign (SOV) stablecoin...

Vitalik Buterin Bust Looking at an Ethereum Wallet

Vitalik Buterin Tweets Spark Discussion on Ethereum’s Gas Fees

March 11, 2019 by Tokoni Uti at Altcoins, Blockchain, Commentary, Development, Ethereum, News

Vitalik Buterin has started a discussion about gas fees in the Ethereum ecosystem with a March 8, 2019 tweet that suggested charging such fees to support developers. More Fees? It has only been a few weeks since Ethereum initiated their Constantinople hard fork along with their Foundation grants and while...

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Amun Raises $4 Million to Develop a Stock-Based System for Crypto Investors

March 11, 2019 by Nuno Menezes at Adoption, Bitcoin, Finance, News, Tech

Amun AG, a startup focused on crypto investments, has pulled in $4 million to develop secure and easy channels of crypto asset trading and management for crypto investors. With this move, the startup is looking to provide an alternative that resembles the stock market, as reported by TechCrunch on March...

Woman Holding ID Card and Looking at a Laptop

Texas Representative Looks to Force Verify Cryptocurrency Users

March 11, 2019 by Tom Nyarunda at Altcoins, Business, Development, Finance, News, Regulation

A member of Texas House of Representatives Phil Stephenson has introduced a draft bill which if passed will require residents of Texas to give their identity before they can use cryptocurrencies like bitcoin. Promote Use of Verified Identity Digital Currencies The proposed legislation requires that users sending and receiving...

Small KaKao Character Staring at a Coin

Kakao to Start Another Round of Funding Following $90 Million Initial Round

March 11, 2019 by Tokoni Uti at Altcoins, Blockchain, Business, Finance, Investment, News

Following a $90 million raise from KaKao Corp. for their upcoming blockchain platform, it has been announced on March 10, 2019, that they will begin a new round on March 12, 2019. Getting a Head Start As part of the latest group of South Korean firms venturing into blockchain such...

Woman Dancing with a Binance Token and an Argentinian Flag

Binance Chief Reports Potential Fiat-to-Crypto Exchange in Argentina

March 11, 2019 by Tom Nyarunda at Adoption, Altcoins, Bitcoin, Blockchain, Business, Commentary, Exchange, News

Binance CEO Changpeng Zhao responded to a report regarding Binance Lab’s agreement with Argentina to co-invest in blockchain-based projects that his company supports. He hinted at the possibility of launching a fiat-to-crypto project in the crypto-friendly South American country. Fully Embracing Cryptocurrencies The CEO of the leading cryptocurrency exchange by...

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