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SEC Introduces Online Form for FinTech Investors Seeking ICO Advice

October 21, 2018 by Nuno Menezes at Altcoins, Blockchain, Finance, News, Tech

The United States Securities and Exchange Commission ICO Advisory Board stated it had enabled an online request form for FinTech-related meetings and other assistance, as per an announcement on October 19, 2018. SEC Launches Online Request Form The SEC is actively trying to deliver best practices to investors on the...

Goldman Sachs and Mike Novogratz Bet Big on Cryptocurrency Custodian BitGo with $15 Million Investment

October 19, 2018 by Aisshwarya Tiwari at Business, Finance, Investment, News

Institutional interest in cryptocurrencies seems to be slowly and steadily gaining upward traction. Per a report published by Bloomberg, dated October 18, 2018, the Wall Street goliath Goldman Sachs Group Inc. and Mike Novogratz’s Galaxy Digital Ventures have made a substantial investment in BitGo Holdings Inc. Specifics of the Investment...

World Payments Report: Public DLT Fails to Meet Financial Market Demands

October 19, 2018 by Cindy Huynh at Altcoins, Blockchain, News, Platform, Regulation, Tech

While the International Word Bank Organization believes that distributed ledger technology (DLT) could fundamentally transform the existing financial sector, the World Payments Report 2018, published on October 16, 2018, concludes DLT cannot keep up with the financial market demands due to many problems and challenges facing DLT adoption. Public DLT Technology...

Fidelity Investments Set to Reward Employees in Cryptocurrency

Fidelity Is Bringing Cryptocurrency Trading to Institutional Investors

October 17, 2018 by Cindy Huynh at Adoption, Altcoins, Bitcoin, Business, Finance, Investment, News

Fidelity Investments, a multinational financial services corporation that manages $7.2 trillion in assets announced the launch of Fidelity Digital Asset Services, a cryptocurrency custody and trading platform for institutional investors. According to a Forbes article published on October 16, 2018, Fidelity Investment’s jump into cryptocurrencies could help the broader financial...

Worlds Biggest University Endowments Harvard, Stanford, MIT Heavily invest in Crypto Funds

Worlds Biggest University Endowments Harvard, Stanford, MIT Invest in Crypto Funds

October 16, 2018 by Pratik Makadiya at Business, Finance, Investment, News

Many leading academic players including Harvard University, Stanford University, and Massachusetts Institute of Technology (MIT), have reportedly invested in crypto-centric funds. The revelation indicates the shift of interest of institutional investors towards the growing asset class. University Endowments Invest “Millions of Dollars” in Crypto As per the report published by...

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

October 4, 2018 by Nigel Dollentas at Blockchain, Business, Development, Ethereum, Finance, Investment, News

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...

Press Release

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

October 3, 2018 by Guest Post at Press Releases

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...

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

September 25, 2018 by Priyeshu Garg at Blockchain, Business, Finance, Investment, News

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...

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

September 24, 2018 by Priyeshu Garg at Bitcoin, Business, Finance, Investment, Mining, News

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...

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

September 24, 2018 by Priyeshu Garg at Altcoins, Business, Ethereum, Finance, Investment, News

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...

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