News

Axoni, a New York-based enterprise provider of blockchain technology, has completed a $32 million Series B funding round. Major players took part in the funding round including  Goldman Sachs, NYCA Partners, Digital Currency Group, J.P. Morgan, Wells Fargo, Citi and Andreessen Horowitz. The funding round was announced on Axoni’s official blog, Aug. 14. Founded in […]

The Bitcoin ETF has been one of the biggest stories of 2018 in the crypto space. However, a similar product already exists and with it, investors in U.S. markets are able to allocate more funds into the Bitcoin market using normal brokerage accounts. Exchange-Traded Notes (ETNs) in Sweden Over the past several months, nine companies […]

The regulatory scrutiny over ICOs has led to the arrival of token “airdrops,” or free tokens in exchange for a few marketing efforts. However, a recent ruling by the SEC may end this augmenting form of generating hype for many cryptocurrency projects in the U.S. SEC Not Impressed A U.S. Securities and Exchange Commission filing, […]

Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology. Korea’s Blockchain Push On Aug. 13, local news outlet Yonhap reported that South Korea set aside $4.4 billion (5 trillion won) to invest in distributed ledger systems and explore various administrative frameworks for […]

Ethereum co-founder Vitalik Buterin unleashed a “tweet storm,” Aug. 16, presumably to succinctly explain the Casper protocol to crypto-enthusiasts while dismissing rumors and misconceptions. The 75-tweet-long update from Buterin showcased the developer’s infuriation with commonly propagated rumors as well as fear, uncertainty and doubt (FUD). He also explained Casper, the blockchain protocol’s proof-of-stake (PoS) project. […]

In another example of blockchain technology’s prowess, the Union of European Football Associations (UEFA) revealed that it distributed 100 percent of the tickets for a recent football match solely using blockchain. UEFA’s Blockchain Success According to the official UEFA website, tickets for the UEFA Super Cup final between Real Madrid and Atletico Madrid, held in Tallinn, […]

Cryptocurrency- and blockchain-focused investment fund Pantera Capital is aggressively pursuing its belief in the burgeoning asset class as it seeks a mammoth $175 million in investments from institutional investors for its third crypto venture. Pantera’s Cryptocurrency Push According to TechCrunch,  the technology-turned-blockchain investment group is forming its third investment fund in five years, following a $13 […]

SFOX, a San Francisco-based cryptocurrency prime broker, has successfully closed a $22.7 million funding round to build an institutional-grade asset management platform for the industry’s largest investors. As the former head of growth and business development at Airbnb, SFOX CEO Akbar Thobhani would appear to have struck a chord with some of the most influential […]

Binance will add another stamp to its passport book, having joined forces with Liechtenstein Cryptoassets Exchange (LCX) to build a new fiat-to-cryptocurrency exchange in the European nation. The new Liechtenstein-based exchange, dubbed Binance LCX, will support trading between the euro, Swiss franc and “major” cryptocurrency pairs, according to a press release. Binance, which operates the world’s second-largest […]

Ripple has signed on three new exchange partners–Bittrex, Bitso and Coins.ph–to carry the xRapid digital asset in their respective regions. Dig this: As of right now @BittrexExchange, @Bitso and @coinsph are now official partners for xRapid transactions using #XRP. What does it mean? ?https://t.co/BIVhkpgCM2 — Cory Johnson (@CoryTV) August 16, 2018 Bittrex, Bitso and Coins.ph According to Ripple, […]