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Tag: investment

Large Russian Banks are Testing Bitcoin and Cryptocurrency Investment Portfolios

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

Large Russian Banks are Testing Bitcoin and Cryptocurrency Investment Portfolios

Russia’s largest banks Sberbank and AlfaBank, are planning to pilot cryptocurrency investment portfolios for their clients. Russia’s Cryptocurrency Push According to Russian news site Kommersant, the banks concluded to “test boxed solutions for private banking, based on digital financial assets,” on June 13, 2018, during the discussion at the Digital financial assets for banks, funds, and large capital roundtable. Under…

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BCI Summit Day Two: Crypto Needs a Makeover Before Institutional Investors Return the Bulls

Category: Altcoins, Bitcoin, Business, Commentary, Finance, News

BCI Summit Day Two: Crypto Needs a Makeover Before Institutional Investors Return the Bulls

In day two of the BCI Summit, panels continued the discussion about how best to get in the way of all this tokenized money. A few speakers also discussed what investors should do to protect their digital assets best. Marketing and Security The first point was made most clear via a marketing discussion between Victor Park, the president of Alternative…

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Blockchain Consortium R3 under Fire for Burning Capital, Lack of Noteworthy Developments

Category: Blockchain, Business, Finance, News, Tech

Blockchain Consortium R3 under Fire for Burning Capital, Lack of Noteworthy Developments

Cryptocurrency startups and ICOs face the onus of retail investors who rightfully expect working prototypes of the former’s ideas. However, a significant blockchain player could be the first to succumb to poor business tactics and go out of business in 2019. R3 Close to Biting the Dust In a startling report by Fortune, the institutional-backed blockchain platform R3 is buried…

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How Brands Go Local with a PATRON Global Platform?

Category: Press Releases

How Brands Go Local with a PATRON Global Platform?

The rise the of social media influencers and opinion leaders market has experienced steady growth. Now it is estimated to be over $1 billion. By 2019, that figure will double. While some marketers still question the value of influencer marketing, it has become one of the most effective marketing tactics for many successful brands. What you should know about “Influencers”?…

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Fidelity May Launch Cryptocurrency Exchange but Quietly Shuts Down Cryptocurrency Fund

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Regulation

Fidelity May Launch Cryptocurrency Exchange but Quietly Shuts Down Cryptocurrency Fund

Fidelity Investments is facing roadblocks on its way to being a digital currency player. While reports on June 5, 2018, suggested the institutional heavyweight is intent on building a cryptocurrency exchange, an additional report confirmed the firm’s closure of their much-celebrated cryptocurrency fund. Fidelity’s Cryptocurrency Exchange Push Fidelity has been an early adopter of cryptocurrencies and blockchain technology. Reportedly, the…

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Decentralized Social Networking Platform Built on EOS Raises $16 Million from Investors

Category: Blockchain, Business, Finance, News

Decentralized Social Networking Platform Built on EOS Raises $16 Million from Investors

Concerns over data privacy have risen over the past few years, with Facebook’s recent data breach scandal only confirming the grave expanse of the problem. Despite these scandals, social networks have become an indispensable part of the average person’s routine. Many have gone as far as to cite Facebook and Google as utilities rather than mere internet applications. Decentralized Social…

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Hyperchain Becomes the First Quasi-Unicorn in the Chinese Blockchain Sector

Category: Blockchain, Business, Finance, News, Tech

Hyperchain Becomes the First Quasi-Unicorn in the Chinese Blockchain Sector

Hyperchain Technologies, the independent blockchain platform developed by Fun Chain, has announced a series B fundraising round of 1.5 billion RMB (approximately $226 million). According to the Chinese blockchain startup’s press release, once funding is complete, Hyperchain Technologies will become the “first quasi-unicorn” company in the blockchain industry. Hyperchain, founded in 2016, is an enterprise blockchain and distributed ledger technology…

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$30 Million Worldwide Blockchain Investment Fund Launched by Mobile Game Developer

Category: Altcoins, Blockchain, Entertainment, Finance, News

$30 Million Worldwide Blockchain Investment Fund Launched by Mobile Game Developer

Gumi, a Japanese-based mobile game developer that has created some landmark titles such as Brave Frontier, are now getting into the blockchain space. They announced the launch of their new worldwide blockchain investment fund worth $30 million. They have called the fund Gumi Cryptos, and it will make investments in blockchain technology and cryptocurrency-related firms. They clearly see the massive…

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Binance and Huobi Launch Multi-million Dollar Funds to Boost Blockchain Investments

Category: Blockchain, Business, Finance, News

Binance and Huobi Launch Multi-million Dollar Funds to Boost Blockchain Investments

Cryptocurrency exchange Binance has announced the launch of a $1 billion fund to support blockchain investments. Huobi also announced a similar fund to the tune of $93 million to fund blockchain initiatives in China and South Korea. During the announcement by Binance Lab head Ella Zhang in a press conference on May 31, 2018, Binance revealed it would work with…

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IOTA and Largest Financial Group in Norway Collaborate to Explore Tangle Solutions

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

IOTA and Largest Financial Group in Norway Collaborate to Explore Tangle Solutions

IOTA has announced a partnership with Den Norske Bank (DNB) to explore useful solutions for Tangle Technology. IOTA revealed the collaboration via a press release on the IOTA Foundation website on May 31, 2018. Details of the Partnership The Norwegian is the largest financial group in the country with the market capitalization of $32 billion. IOTA and DNB plan to…

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