#finance

R3-led DrumG Raises $6.5 Billion Thanks to Investment from Ethereum Co-Founder

October 4, 2018 by Nigel Dollentas at Blockchain, Business, Development, Ethereum, Finance, Investment, News

ConsenSys, a studio founded by Ethereum co-founder Joseph Lubin, invested $6.5 million into blockchain startup DrumG on October 1, 2018. Series A Investments Led by the Competition ConsenSys isn’t new to making investments via investment arm called ConsenSys Ventures. What is intriguing, however, is the fact that DrumG is led...

Press Release

TEMCO Secures Investment from No. 1 Korean Venture Capital “Korean Investment Partners”

October 3, 2018 by Guest Post at Press Releases

TEMCO, Korean startup preparing supply chain based on bitcoin (RSK), said it has successfully secured institutional investment from “Korea Investment Partners” (KIP), the foremost leading venture capital of Korea. KIP has been investing in growing billion-dollar companies such as: Naver, Kakao, Korbit, DoubleU Games, Bithumb and now TEMCO. KIP will serve as...

Vision Hill Advisors Wants to Build a Better Bitcoin Benchmark

October 2, 2018 by Nigel Dollentas at Altcoins, Bitcoin, Ethereum, Finance, Investment

Vision Hill Advisors, cryptocurrency fund managers, carving themselves in the niche, published a report on September 20, 2018, proposing a new framework that could be used as a benchmark within the crypto asset industry. Hedge Fund Manager vs. Independent Investment As users purchasing cryptocurrency are exposing to themselves to an...

Japan: Crypto Exchange Coincheck to List Stellar; XLM Price Spikes

Stellar Launches First Zero-Fee Decentralized Exchange StellarX

October 2, 2018 by Priyeshu Garg at Altcoins, Business, Exchange, Finance, News

StellarX, the long-awaited exchange based on the Stellar (XLM) protocol, is now fully operational. Interstellar, the company behind the exchange, made the announcement in a September 28, 2018, Medium blog post. StellarX Exchange Is Fully Operational StellarX, a Stellar-based zero-fee decentralized crypto exchange, has left its beta phase and launched...

BitMex & TokenAnalyst Compile Report on Relationship Between ICOs and Ethereum Price Shift

October 2, 2018 by Pratik Makadiya at Altcoins, Commentary, Ethereum, Exchange, Finance, ICO/IEO, News

Cryptocurrency exchange BitMex, in collaboration with TokenAnalyst, an independent third-party research body, released a study to track Ethereum balances of various Initial Coin Offerings (ICO) on October 1, 2018. Ethereum Holdings and Sales The study mainly focused on how much ether was raised in different ICOs and if or when...

Aversion to Change Cited for Crypto Resistance Says Ethereum’s Lubin

October 1, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

As the cryptocurrency sector continues to grow, it is becoming increasingly difficult to discount the industry, as was the practice in the early days of Bitcoin. As people continue to use cryptocurrencies and its market value has risen over the years, many who were against the use and proliferation of...

London Block Exchange to Launch British Pound-Backed Stablecoin

October 1, 2018 by Cindy Huynh at Altcoins, Business, Finance, News

London Block Exchange to Launch Cryptocurrency Pegged to British Pound The London Block Exchange (LBX) recently announced plans to launch the LBXPeg, a new stablecoin backed by the British Pound. According to an article published by Business Insider on September 29, 2018, LBX gained permission from their banking partner to...

The True Sentiment Behind the Senate Meeting on Bitcoin, ICOs, and Blockchain Technology

U.S. Judge Bitcoin Decision Leads to CFTC Overseeing Virtual Currencies

September 29, 2018 by Nigel Dollentas at Bitcoin, Finance, News, Regulation

Federal judges made headlines on September 26, 2018, when they announced that virtual currencies meet the definitions of a commodity. Since bitcoin now falls under the same definition, the Commodity Future Trading Commission (CFTC) will continue to police virtual currencies. My Big Coin Case The reason why this decision even...

A coinbase box full of Bitcoin Litecoin Ethereum and Bitcoin Cash

Cryptocurrency Exchange Coinbase Introduces Asset “Bundle” and Learning Materials

September 29, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Ethereum, Exchange, Finance, News

On September 27, 2018, the powerhouse exchange Coinbase announced the launch of Coinbase Bundle, one of the many new projects in their financial arsenal. As per its announcement on Medium, the exchange wanted to instill confidence in users (new or old) when dealing with cryptocurrency trading. Another Feather in the...

Expert Opinions on Ether Price Remain Optimistic

September 29, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, Ethereum, Finance, News

Although the two biggest cryptocurrencies, bitcoin and ether, have lost more than half of their value in 2018 alone, experts believe that another bull run is on the horizon, Bloomberg reported on September 27, 2018. Chart Indicates Bitcoin Bull run on the Horizon Caused by a regulatory crackdown and a...

Voyager Cryptoassets Broker Joins Forces with Ethos for Fiat-to-Crypto Exchange

September 28, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Development, Exchange, Finance, News, wallet

Voyager, a DLT-based digital currency broker, offering users commission-free investments, has partnered with Ethos, a cryptocurrency services provider, to integrate the latter’s universal cryptoassets wallet into its platform and make it easy for both retail and institutional cryptocurrency traders to convert fiat currency to cryptos back and forth. Users will...

Austria to Auction €1.15 billion Worth of Bonds on Ethereum’s Blockchain

September 28, 2018 by Nigel Dollentas at Altcoins, Blockchain, Ethereum, Finance, News, Regulation

The Austrian government announced on September 27, 2018, the auction of €1.15 billion ($1.35 billion) worth of government bonds on the Ethereum blockchain. The sale begins on October 2 with operations overseen by Oesterreichische Kontrollbank (OeKB), one of Austria’s biggest banks. First Time Western Government Uses Public Blockchain for Bonds...

ClanPlay Announces $2 Million Raised for Blockchain-Based Gamer Rewards Platform

September 28, 2018 by Nuno Menezes at Altcoins, Blockchain, Entertainment, Finance, Investment, News

ClanPlay is an Israel-based startup gaming community platform with multiple features for developers and gamers alike. The company operates as a social hub for gamers that like to play with clans while also providing players with rewards for their skills. With only five employees, the company has raised $4 million...

Decentralized Dark Pool Exchange RenEx Launched by Republic Protocol

September 27, 2018 by contributor at Altcoins, Blockchain, Finance, News, Platform

The world’s first decentralized dark pool exchange, RenEx, launched on September 27, 2018, as per an announcement shared with BTCManager. Dark Pools 101 Developed by Singapore-based Republic Protocol, the platform focuses on trading large volumes of cryptocurrencies on hidden order books, called “dark pools,” between high-net-worth buyers and sellers. The...

Bitmain Reports $2.8 billion in Revenue ahead of IPO

September 27, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Ethereum, Finance, Investment, Mining, News

Bitmain Technologies Ltd., the world’s largest cryptocurrency mining company, filed a preliminary IPO prospectus with the Hong Kong Stock Exchange (HKEX), disclosing revenues of $2.8 billion in the first half of 2018, Business Insider India reported on September 26, 2018. Crypto Meets Wall Street, again Bitmain Technologies is planning to...

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