News

Fintech startup Circle has captured $110 million in venture capital during the largest venture capital round raised by a cryptocurrency or blockchain company to date. Led by China-based mining juggernaut Bitmain, the funding round will be used to launch a new regulatory-complaint cryptocurrency pegged to the US dollar. In a press release published on Tuesday […]

Following a rough and tumble week where most major cryptocurrencies and altcoins were trapped in the red, brief signs of recovery on Monday have reversed as Bitcoin, Ethereum, and Ripple continue to drop in price. Recent activity on the United States’ east coast also shows that hype surrounding digital currency and blockchain technology hasn’t died […]

San Francisco-based Coinbase has announced the launch of a range of new products designed to attract institutional organizations to the rapidly evolving cryptocurrency and blockchain ecosystem. The formal launch of Coinbase Custody alongside several other offerings has placed institutional financial organizations directly in the sights of the exchange platform as more sophisticated institutional participants enter […]

A new partnership between IBM and carbon credits startup Veridium Labs Ltd will see carbon credits issued on the Stellar blockchain, streamlining the trade of carbon offset credits in an open market. The most obvious application of distributed ledger technology may be as a method of storing and transferring monetary value, but the use cases of […]

The Chicago Mercantile Exchange has announced the launch of the CME CF Ether-Dollar Reference Rate and Real-Time Index in partnership with UK-based digital asset exchange Crypto Facilities. The two new indexes will track the price movement of ETH, delivering real-time updates in USD. According to a press release published on the 14th of May, the […]

Unfazed by the market’s recent up-turn, NEO’s value has stagnated in spite of the blockchain’s rapid advancement. As the smart contract platform of the world’s most populous country, one might be surprised by its modest position at 11th place by market cap ($4.4 billion). Picking up the pieces of Q1’s correction, Ethereum has recovered to […]

From the trading floor to crypto kingpin: understanding BitMEX CEO's bold $50,000 bitcoin prophecy.

2018 has been a lousy year for the social internet. After growing in popularity for more than a decade, the social web has endured a series of scandals that significantly tarnished its reputation and obvious desirability. First, it was discovered that the “Russia Scandal,” which continues to mire president Donald Trump’s tenure, actually had its […]

The Chief Financial Officer of Commonwealth Bank — the largest bank in Australia — quit the high-ranking role earlier this week to join forces with Block.one, the organization driving the development of EOS. Rob Jesudason left his position with the bank in order to take on a new role as the COO of the Block.one. […]

Consensus 2018 kicked off in grand fashion earlier today. Three Lamborghinis lined the entrance of the conference this morning to make a strategic statement. A New Jersey-based car rental service, Broadway Supercars, placed the luxury cars at the entrance of the gathering to gain attention, and it did just that. Founder of the company, John […]