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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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Tag: investment

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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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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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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Private Equity Firm GSR Capital Invests $270 Million in Blockchain Startup tZero

Category: Altcoins, Blockchain, Business, Finance, News

Private Equity Firm GSR Capital Invests $270 Million in Blockchain Startup tZero

Hong-Kong private equity company GSR Capital is set to invest a whopping $270 million in Overstock’s blockchain based startup tZero. According to a press release published on August 9, 2018 Overstock also confirmed that GSR Capital would make an additional investment of about $30 million in tZero’s ICO, thus pushing the total amount being invested in the blockchain startup to…

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Stable Coins 101: The What and The Why of Cryptocurrency’s Most Price-Steady Offering

Category: Altcoins, Bitcoin, Business, Exchange, News

Stable Coins 101: The What and The Why of Cryptocurrency’s Most Price-Steady Offering

The term ‘stable coin’ refers to a cryptocurrency that has its value pegged to an asset that is unchanging in value. In the past, such digital tokens have mostly been associated with the US dollar, landing them at a valuation of $1. The main feature of stable coins is that their price remains stationary for the most part. Introduction to…

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Omniex Crypto Trading and Investment Platform Welcomes Former SEC and FDIC Chairs to its Team

Category: Altcoins, Bitcoin, Platform

Omniex Crypto Trading and Investment Platform Welcomes Former SEC and FDIC Chairs to its Team

San Francisco based crypto trading and investment platform, Omniex, has bolstered its leadership advisory team with the addition of former Securities and Exchange Commission (SEC) chairman Arthur Levitt and ex-Federal Deposit Insurance Corporation (FDIC) chair Sheila Blair, according to a press release on August 7. The exchange has also recently hired several others with impressive backgrounds and experience. New Team…

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Bitcoin Drops Down Below $7,000 despite Crypto-Positive Headlines: Week in Review August 6, 2018

Category: Adoption, Altcoins, Bitcoin, Blockchain, Finance, Investment, Mining, News, News Digest

Bitcoin Drops Down Below $7,000 despite Crypto-Positive Headlines: Week in Review August 6, 2018

Despite bitcoin-positive news coming from Wall Street, the price of bitcoin dropped by fifteen percent week-on-week, to close around the $7,000 mark on Sunday. Asset management giant Northern Trust announced that it would move into the cryptoasset custody business to provide custodial services to digital asset investors. Moreover, the New York Stock Exchange’s (NYSE) parent company ICE has announced the…

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Founders of Shinil Group Investigated by South Korean Police for Cryptocurrency Scam

Category: Altcoins, Crime, News

Founders of Shinil Group Investigated by South Korean Police for Cryptocurrency Scam

Korean law enforcement agents are now pointing their searchlight into the operations of Shinil Group, a firm that claimed to have found more than $100 billion worth of gold in a sunken Russian shipwreck. The firm then lured investors into buying its Shinil Gold Coin, promising them huge rewards in gold, as reported by sources close to the matter on…

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ICO Research Firms in South Korea Are Gaining Popularity

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

ICO Research Firms in South Korea Are Gaining Popularity

The rising threat of frauds and blatant exit-scams from ICO firms and token issuers is set to slow down in the months to come, as several cryptocurrency-centric security firms have set up shop to fight against the nuisance, reported Business Korea on July 30, 2018. Cryptocurrency Trading Sector Analysts from the private equity and security sector are increasingly joining or…

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U.S. Investors Are Curious, But Not Ready to Invest in Bitcoin

Category: Altcoins, Bitcoin, Investment, News

U.S. Investors Are Curious, But Not Ready to Invest in Bitcoin

Results of a survey published by Wells Fargo Gallup on July 28, 2018, revealed that only two percent of US has invested in bitcoin, less than one percent plan to buy in near future while it influences 26 percent. The survey points to the fact that many investors are still hesitant to get invested in cryptocurrencies. Gallup Survey Result The recent…

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