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Thursday, May 31, 2018
CryptoCurrency News: Money Transfer Firms Join Ripple's Payment Network
Two money transfer firms are to open a new payments corridor using RippleNet, while a Kuwaiti bank has also signed up to use the service.
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CoinDesk
CryptoCurrency News: $65 Million: Blockchain Assets Platform Paxos Raises Series B Funding
Blockchain startup Paxos has closed a $65 million Series B funding round led by existing investors including Liberty City Ventures and RRE Ventures.
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CoinDesk
CryptoCurrency News: PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot
PwC Australia, the Australian Chamber of Commerce and Industry and the Port of Brisbane are trialling a new blockchain trade solution.
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CoinDesk
CryptoCurrency News: IDG Backs Crypto Wallet imToken with $10 Million Investment
China-based crypto wallet startup imToken announced on Thursday that it has closed a $10 million Series A round fully funded by IDG Capital.
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CoinDesk
CryptoCurrency News: Watch Out Crypto Exchanges, Decentralization Is Coming
With regulatory uncertainty looming over the industry, incumbents should not feel too comfortable at the top.
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CoinDesk
CryptoCurrency News: Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3
U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.
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CoinDesk
CryptoCurrency News: Crypto Exchange Huobi Confirms Move Into Brazilian Market
Huobi, a major cryptocurrency exchange originally from China, has told CoinDesk that it's setting up shop in Brazil.
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CoinDesk
CryptoCurrency News: Going Up? Bitcoin Price Sets Sights on New Resistance
Bitcoin's corrective rally is gathering traction and may cross a key resistance hurdle soon, the technical charts indicate.
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CoinDesk
CryptoCurrency News: Stock Trading App Removes Crypto Price Tracking After Debut
A new service for tracking cryptocurrency prices on a popular stock trading app has become unavailable, possibly due to regulatory rumblings.
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CoinDesk
CryptoCurrency News: Disillusioned Token Investors Demand Real Talk About Risk
Investors who are passionate about blockchain technology are growing frustrated with a lack of tangible progress on risk management at token projects.
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CoinDesk
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CryptoCurrency News: Top Auction House Christie’s to Accept Ether Cryptocurrency for Digital Art Sale
The sale gives Christie's a chance to "dip its toes" in crypto, said a New York representative. via CoinDesk
CryptoCurrency News: Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos
Taurus Group is looking to expand its operations after securing Series A funding led by Arab Bank Switzerland. via CoinDesk
CryptoCurrency News: Announcing the CoinDesk Crypto-Economics Explorer
CoinDesk is pleased to announce the launch of our new data product, the Crypto-Economics Explorer. via CoinDesk
CryptoCurrency News: With 18 Million Bitcoins Mined, How Hard Is That 21 Million Limit?
The 18 millionth bitcoin is about to be mined. Though the remaining 3 million will take 120 years to mint, some question the certainty of ...
CryptoCurrency News: Bull Reversal: Bitcoin Climbs Key Price Hurdle to Target $4K
Bitcoin's price crossed key resistance yesterday, boosting the prospects of a stronger rally above $4,000. via CoinDesk
CryptoCurrency News: Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’
The number of bitcoin whales rose to a new record high on Wednesday. via CoinDesk
CryptoCurrency News: Hard Fork Sets Stage for Ethereum Classic’s Second Major Departure From Ethereum
Ethereum Classic has largely followed Ethereum in lockstep. But as the larger chain goes toward Proof-of-Stake, ETC is sticking with Proof...
CryptoCurrency News: Poloniex Crypto Exchange Forced to Roll Back Trades After Update Error
The cryptocurrency exchange – recently acquired by an investment group including Tron – now says its systems are back to normal. via Coi...
CryptoCurrency News: Crypto-Jacking Virus Infects 850,000 Servers, Hackers on the Run With Millions
French cybersecurity, officials dubbed 'cyber gendarmes,' announced the disabling of an 850,000 server botnet operating mostly in ...
CryptoCurrency News: Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability...