#investment

Overstock’s Medici Ventures Acquires Ten Percent Stake in GrainChain for $2.5 Million

December 7, 2018 by Rahul Nambiampurath at Business, Finance, Investment, News, Regulation

Overstock subsidiary Medici Ventures has purchased a $2.5 million equity in GrainChain, a blockchain-based payment solution for farms. According to a press release issued December 4, 2018, the sale has granted Medici Ventures ten percent ownership in the company, and the option to double that in the future with a...

Bitcoin, Ether, and XRP Weekly Market Update September 23, 2019

Bitcoin, Ether, and XRP Weekly Market Update: December 6, 2018

December 6, 2018 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Finance, Investment, News

During the last seven days, the total crypto market cap lost another $14 billion of its value. Bitcoin managed to avoid dropping below the $3,800 level but could not reverse the overall bear market trend. BTC-USD Bitcoin closed above the previous support at $4,300 (at $4,320) on November 29, 2018,...

SEC Believes International Cooperation Is Vital In Pursuing Illegal And Fraudulent ICOs

December 6, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Ethereum, News, Platform, Tech

Steven Peikin, the co-director of the SEC’s Division of Enforcement gave a speech at the Harvard Law School’s Program on the importance of international cooperation in pursuing fraudulent ICOs on December 3, 2018. Peikin highlighted the need for global assistance when it comes to fighting fraud in the ICO and...

Researchers Vow to Build a Better Blockchain Network Immune from Scalability Issues

December 6, 2018 by Priyeshu Garg at Blockchain, Business, Development, Finance, Investment, News

A group of researchers and university professors have teamed up to resolve one of the most painstaking issues preventing Bitcoin’s underlying technology to emerge a handy, real-world ledger: scalability. The team, which includes a Turing award winner, is off to a good start already after scoring $35 million in funding...

Blockchain Block Behind Glass Casing Titled Trive

Trive Ventures Launches Government-Backed Blockchain Accelerator in Singapore

December 5, 2018 by Priyeshu Garg at Blockchain, Business, Investment, News

Trive Ventures, a Southeast Asia-focused venture capital firm, is launching Tribe Accelerator, a government-backed blockchain accelerator focused on product development in Singapore, Tech in Asia reported on December 4, 2018. Singapore's Lead Government Agency Backs Trive Venture's New Project It seems that Singapore has yet again proven that it's one...

Wall Street banking boss mixing cryptocurrencies to make profit

Wall Street Continues to Experiment with Cryptocurrencies Despite Crypto Crash

December 1, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Finance, News

Players in the mainstream finance sector continue to experiment with cryptocurrencies and blockchain technology despite the recent Bitcoin crash. According to the Financial Time’s Article published on November 28, 2018, many companies such as large proprietary traders and institutional investors are still looking to ride the cryptocurrency movement, as they...

Bitcoin, Ether, and XRP Weekly Market Update: November 29, 2018

November 29, 2018 by Georgi Hristov at Altcoins, Bitcoin, Business, Finance, News, Platform

The majority of the cryptocurrencies extended their losses during the last seven days as we saw the total market cap erase yet another $16 billion from its value. BTC/USD Bitcoin dropped below $4,500 on November 22 and closed the day at $4,370. The biggest cryptocurrency in terms of market cap...

NVIDIA Q3 2018 Earnings Report Solidifies Drying Crypto Mining Business

November 18, 2018 by Aisshwarya Tiwari at Business, Investment, Mining, News

American technology company NVIDIA released its Q3 2018 earnings report on November 15, 2018, which states that the company’s graphics processing units (GPU) sales among cryptocurrency miners has plummeted a great deal since Q4 2017 cryptocurrency boom. Demand for Crypto Mining GPU Withers According to the report, NVIDIA earned $3.18...

Singapore Government-Backed Tribe Accelerator To Release Blockchain-Based Engagement Platform

Blockchain Valley Ventures Launches New Unit in Singapore as Part of Asia Expansion Plans

November 13, 2018 by Priyeshu Garg at Bitcoin, Finance, News, Platform, Tech

Blockchain Valley Ventures (BVV), a Switzerland-based venture capital firm and accelerator, has announced it is launching a new regional unit in Singapore. The company revealed the move during the Singapore Fintech Festival on November 12, 2018. BVV’s Asian Expansion With the island nation as their next stop, the Swiss blockchain firn...

Chinese Court: Bitcoin Is Property and Protected by Law

November 7, 2018 by Cindy Huynh at Bitcoin, Finance, News, Regulation

A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that...

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