Japanese IT giant GMO Internet has just reported an operating loss of nearly $12 million for its cryptocurrency business in 2018.
via CoinDesk
Tuesday, February 12, 2019
CryptoCurrency News: GMO Internet’s Crypto Business Reports $12 Million Loss in 2018
Japanese IT giant GMO Internet has just reported an operating loss of nearly $12 million for its cryptocurrency business in 2018.
via CoinDesk
CryptoCurrency News: QuadrigaCX ‘Inadvertently’ Sent BTC to Dead CEO’s Cold Wallet: EY Report
QuadrigaCX lost another 100 bitcoin after transferring them to a cold wallet it previously said it cannot access.
via CoinDesk
CryptoCurrency News: Co-Founder Quits Avalon Mining Chip Maker Canaan Over ‘Differences’
Xiangfu Liu has left the board and management team of Canaan Creative, maker of the Avalon crypto miner.
via CoinDesk
CryptoCurrency News: Take Two: Ethereum Is Getting Ready for the Constantinople Hard Fork Redo
The world's second largest blockchain by market capitalization is gearing up for a hard fork its tried to activate before called Constantinople. This time, developers are confident it will work.
via CoinDesk
CryptoCurrency News: Barclays, Ripple Back $1.7 Million Round for Remittance Firm Using XRP
Barclays, Ripple and others have backed a $1.7 million round for a new remittance startup that will use XRP to move funds internationally.
via CoinDesk
CryptoCurrency News: Blockchain Sleuthing Startup Chainalysis Raises $30 Million Series B
The Series B funding was led by seasoned VC firm Accel and included investment from Benchmark, which led the firm's $16m Series A.
via CoinDesk
CryptoCurrency News: Oracle’s First Dozen Cloud Blockchain Applications Are Now Live
The software giant now has up to a dozen enterprise customers using live blockchain applications.
via CoinDesk
CryptoCurrency News: Binance’s Decentralized Exchange Is About to Launch for Public Testing
In less than two weeks, Binance will launch its decentralized exchange, Binance DEX, for public testing.
via CoinDesk
CryptoCurrency News: Two Public Pensions Anchor Morgan Creek’s New $40 Million Venture Fund
In a potential first for the crypto investment sector, two U.S. public pension funds are dipping their toes in Morgan Creek's latest vehicle.
via CoinDesk
CryptoCurrency News: Bithumb Kicks Off Middle East Expansion With UAE Crypto Exchange
South Korean cryptocurrency exchange Bithumb plans to expand in the Middle East, starting with a licensed exchange in the UAE.
via CoinDesk
CryptoCurrency News: Cryptos Could Challenge ‘Any Financial Framework’: New FSB Chair
The new chair of the Financial Stability Board has said cryptocurrencies are a challenge to his agency's work.
via CoinDesk
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