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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.
via 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.
via 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.
via 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.
via 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.
via 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.
via 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.
via 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.
via 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.
via 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.
via CoinDesk
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