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Loyalty Live: Blockchain & Loyalty Rewards Conference • October 16-18, 2018

Loyalty Live is the first conference in the world focused on bridging the gap between loyalty rewards and blockchain technology.…

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Tag: investment

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

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

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

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 by R3 executives, arguably one of Ethereum’s most significant competitors….

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

Category: Press Releases

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

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 one of the key business partners in TEMCO’s exponential growth….

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Next-Gen Blockchain Red Belly Blockchain Breaks new Ground for Speed

Category: Blockchain, Business, Finance, Investment, News

Next-Gen Blockchain Red Belly Blockchain Breaks new Ground for Speed

The University of Sydney and CSIRO’s Data61 have successfully created a blockchain that can process a mass amount of transactions significantly faster than public blockchains, such as the one behind bitcoin, The Financial Review reported on September 25, 2018. Red Belly Blockchain Validated in a Global Test The Commonwealth Scientific and Industrial Research Organisation’s (CSIRO) Data61 and the Concurrent Systems…

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NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Category: Bitcoin, Business, Finance, Investment, Mining, News

NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Bitcoin mining company AntPool, owned by Bitmain, one of the largest manufacturers of mining rigs in the world, landed a sponsorship deal with professional U.S. basketball team the Houston Rockets, The South China Morning Post reported on September 24, 2018. Bitmain Sponsors NBA’s Houston Rockets Bitmain Technologies, the world’s biggest supplier of cryptocurrency mining equipment, is looking to help push…

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Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

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

Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

Andreessen Horowitz’s specialized cryptocurrency and blockchain fund a16z crypto has purchased six percent of MakerDAO’s total MKR token supply for $15 million, the company announced in a September 24 press release. First Stablecoin Investment Investment fund a16z crypto has purchased six percent of the total MKR token supply for $15 million, marking the investment’s fund first encounter with cryptocurrencies. The…

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What is ZEN And is it a Good Investment?

Category: Altcoins, Investment, News

What is ZEN And is it a Good Investment?

Horizen is a privacy-oriented blockchain network for borderless, decentralized communications and transactions. The platform provides a secure framework which is designed to support a range of applications that prioritize privacy. Horizen is built on the core belief that individuals should have the right to control which information about them is accessible as well as who can access said data. The…

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Why Don’t Bitmex’s Arthur Hayes’ and Ethereum Get along?

Category: Altcoins, Commentary, Ethereum, Exchange, Finance, Investment

Why Don’t Bitmex’s Arthur Hayes’ and Ethereum Get along?

BitMEX founder Arthur Hayes has recently been in the news as a high profile antagonist of ether, going as far as describing it as a “two-digit shitcoin.” Some have accused him of using his platform to encourage users to short the number two cryptocurrency. So, what exactly is Hayes’ problem with ether and what is likely to happen going forward?…

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SBI Holdings to Use Ripple’s Distributed Ledger Technology for Mobile App

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

SBI Holdings to Use Ripple’s Distributed Ledger Technology for Mobile App

Japanese Fintech giant SBI Holdings will launch a Ripple-based mobile application called Money Tap by the end of 2018. Takashi Okita, the CEO of SBI Ripple Asia, announced the news via a tweet on September 12, 2018, and shared a website of the new mobile application. Money Tap: Easy Bank Transfers without Additional Fees According to The Next Web, Money…

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As Malta Continues to Attract Crypto Investment, not Everyone Is Thrilled

Category: Blockchain, Business, Crime, Exchange, Finance, Investment, News, Regulation

As Malta Continues to Attract Crypto Investment, not Everyone Is Thrilled

Long known for being a holiday hotspot in the Mediterranean, the island of Malta has been making headlines for a different set of reasons recently, and opinions are split firmly down the middle over this matter. From Chinese crypto exchanges fleeing anti-crypto restrictions in their home country to blockchain fintech startups, everyone in the cryptosphere seems to be investing in…

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TokenLot ICO Superstore in Hot Water with U.S. SEC

Category: Finance, Investment, News, Regulation

TokenLot ICO Superstore in Hot Water with U.S. SEC

The United States Securities and Exchange Commission (SEC), has fined TokenLot and its founders more than $550,000 for doing business in the U.S. as unregistered broker-dealers. The regulatory watchdog has also slapped them with officer-director bar, amongst other penalties, according to a Finance Magnates report on September 11, 2018. TokenLot on the SEC Black Book TokenLot, an initial coin offering…

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