#investment

Large Russian Banks are Testing Bitcoin and Cryptocurrency Investment Portfolios

June 20, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Finance, News, Tech

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...

Statue of Liverty with a Bitcoin Torch illuminating New York

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

June 14, 2018 by Liam J Kelly at Altcoins, Bitcoin, Business, Commentary, Finance, News

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...

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

June 11, 2018 by contributor at Blockchain, Business, Finance, News, Tech

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...

Press Release

How Brands Go Local with a PATRON Global Platform?

June 10, 2018 by Guest Post at Press Releases

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...

Fidelity May Launch Cryptocurrency Exchange but Quietly Shuts Down Cryptocurrency Fund

June 10, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Regulation

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...

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

June 8, 2018 by contributor at Blockchain, Business, Finance, News

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...

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

June 7, 2018 by Cindy Huynh at Blockchain, Business, Finance, News, Tech

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...

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

June 6, 2018 by Andrew O Malley at Altcoins, Blockchain, Entertainment, Finance, News

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...

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

June 5, 2018 by Priyeshu Garg at Blockchain, Business, Finance, News

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...

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

June 5, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, News, Tech

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...

What is GameCredits and Is It a Good Investment?

June 1, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Business, Cryptocyclopedia, Ethereum, News, Tech

The crypto asset investment universe has grown into a $330 billion asset class that is composed of a wide range of different digital currencies and tokens. The variety of digital assets is one of the most alluring factors of this new digital asset class. There is indeed something for everyone...

Press Release

“Get Serious About Investing” with eToro and Gael Monfils

May 30, 2018 by Guest Post at Press Releases

Pro tennis player Gael Monfils is no stranger to success. He won seven ATP singles titles, competed in several Grand Slam tournaments and is going to play in two more in 2018. Gael is known for having a colorful personality, both on and off the court and has become quite...

Russia’s Largest Bank to Test Issuance of State-backed ICO in 2018

May 29, 2018 by contributor at Blockchain, Business, Finance, News, Regulation

Russia is seemingly taking giant strides in adopting blockchain technology. The country’s latest blockchain push would see the Russian banking giant Sberbank and the National Settlement Depository monitor an Initial Coin Offering (ICO) on a state-developed blockchain. Russia’s Blockchain Push According to an official report by Sberbank, the two entities...

How eToro’s Trading Platform Helps Cryptocurrency Investors Make Better Investment Decisions

May 28, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Business, Finance, News

Online trading and brokerage company eToro provides some features for its customers aimed at helping users acclimate to the platform and then use its several tools to make money. The company began in 2007 as an online trading platform and is now offering services aimed at cryptocurrency investors and traders....

South African Authorities Investigate $80 million Bitcoin Scam

May 26, 2018 by Cindy Huynh at Altcoins, Bitcoin, Finance, News

On May 25, 2018, South African authorities announced further information of an ongoing investigation of a cryptocurrency scam that has cost investors one billion rands ($80 million). False Claims and Investor Pitfalls According to Reuters, South African police mentioned that the investigation involved BTC Global, a cryptocurrency trading company. The...

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