Investments

Bad Checks: Twitter’s Identity Crisis Is Costing Users More Than Bitcoin

2 days ago admin2 0
Trust, but verify. Borrowed from a Russian writer, it’s one of crypto’s most widely embraced slogans, though one that’s becoming even more relevant on social media, where battling factions bent on promoting the next great high-tech investment are now turning the very symbols meant to protect users against them. Whether it’s an account impersonating the world’s largest Read More

South Korean Crypto Exchange Bithumb To Issue Own Token In Singapore

2 days ago admin2 0
Bithumb, South Korea’s leading cryptocurrency exchange, has recently revealed plans to issue its own token, Bithumb Coin, in an Initial Coin Offering (ICO), local news outlet TokenPost reports Thursday, April 19. According to the report, the Bithumb token sale will be conducted in Singapore since ICOs are banned in South Korea. Bithumb is reportedly focusing Read More

$6.3 Billion: 2018 ICO Funding Has Already Outpaced 2017’s Total

3 days ago admin2 0
Initial coin offerings (ICOs) raised more money in the first three months of 2018 than the whole of 2017, according to data collected by CoinDesk. At $6.3 billion, ICO funding in the first quarter is now 118 percent of the total for 2017, a figure that might go a long way toward undermining a common Read More

Mayor of Cash-Strapped Louisiana City Pitches ICO

7 days ago admin2 0
Joel Robideaux, the mayor-president of the Louisiana city and parish of Lafayette, urged local residents on Thursday to consider launching an initial coin offering (ICO). Lafayette parish is in dire financial straits, officials say. A presentation given by the town in March stressed that property tax revenues are insufficient and that a fund used to finance operations Read More

A Tangled Web: Will Coinbase Ventures Lead to Conflicts of Interest?

1 week ago admin2 0
Coinbase always seemed destined to add litecoin. Even amidst an early sea of competing cryptocurrencies cloned from the bitcoin codebase, litecoin had secured a special place. Early adopters used it as a way to extend bitcoin gains and test out the tech, while effective marketing attracted mainstream interest (even without the technology offering much in the Read More

Yahoo Japan Buys Stake in Cryptocurrency Exchange

1 week ago admin2 0
Yahoo Japan confirmed Friday that it has purchased a minority stake in a Japanese cryptocurrency exchange. Z Corporation, a subsidiary wholly owned by Yahoo Japan, acquired a 40 percent stake in BitArg Exchange Tokyo, valued at 2-3 billion yen (about $18.6 -$27 million), according to Reuters. The exchange is set to launch in the autumn Read More

Kindred Spirits: These Hardcore Early Adopters Are Dead-Set on Kik’s ICO

1 week ago admin2 0
“I’m long-term bullish and short term I have no idea.” That’s how Fred Wilson, a partner at Union Square Ventures and one of the most widely respected VCs working today, answered a question about the crypto market in general and specifically his outlook for Kin, the soon-to-be launched token created by the messaging app, Kik. Read More

Carbon ‘Stablecoin’ Project Raises $2 Million in Seed Round

1 week ago admin2 0
Cryptocurrency startup Carbon has raised $2 million in seed funding, the company revealed to CoinDesk, Thursday. Investors in the round include General Catalyst, Digital Currency Group, FirstMark Capital, Plug and Play Ventures and The Fund. Carbon did not disclose its valuation. The investment round brings the project a step closer to launching a dollar-pegged cryptocurrency Read More

Ripple Invests $25 Million of XRP in Blockchain Capital Fund

1 week ago admin2 0
Ripple has invested $25 million worth of its XRP token in Blockchain Capital’s Parallel IV venture fund, the startup announced on Wednesday. The firm’s fund is the first to accept capital calls in cryptocurrency. “Blockchain Capital is the premier fund for any project looking to get off the ground in the blockchain space,” Patrick Griffin, Read More

Bear Market ‘Largely Over,’ Crypto Hedge Fund Manager Claims

2 weeks ago admin2 0
Timothy Enneking, managing director of Crypto Asset Managment, LP, said Monday that the winter in cryptocurrency markets is “largely over.” Crypto Asset Management, which was founded last year and has roughly $20 million in assets under management, saw its CAMCrypto30 cryptocurrency index fall by 69 percent since its high in January. Enneking sees four reasons for the Read More