New York-based tech giant IBM has doubled the number of employees on its technical steering committee (TSC) of Hyperledger, a multi-project open-source initiative supported by The Linux Foundation, and established to enhance cross-industry blockchain technologies. Six out of a total of 11 TSC members (for 2019-2020) work for IBM, according...
San Francisco-headquartered digital asset exchange Coinbase might be releasing a new token, according to its head of institutional sales in Asia, Kayvon Pirestani. Pirestani, a former executive at Morgan Stanley, says Coinbase is considering launching an initial exchange offering (IEO) platform, in addition to other capital-formation tools. Pirestani’s comments came...
Ampleforth is a young but very revolutionary project defined as a smart-commodity money. The idea behind its infrastructure is to change the total supply of a token according to its price fluctuations until achieving an equilibrium. This feature gives it unique properties in a crypto market where all tokens behave...
The majority of mergers and acquisitions (M&A) deals and fundraising activities in the crypto asset industry are taking place in Asia and Europe, according to a recent report from “Big Four” professional services firm PricewaterhouseCoopers (PwC). Asian and European markets have reportedly surpassed the once dominant role of the Americas...
Since peaking at $13,900 in June, Bitcoin has fallen by 25%, managing to lose the support of bulls after a rally form $3,150. Cynics of the cryptocurrency markets, like gold proponent Peter Schiff, have said that this is a clear sign that there is no remaining interest in BTC, and...
BnkToTheFuture, a fundraising platform for blockchain startups, is preparing to facilitate security token offerings (STOs). Founded in 2010, the Hong Kong-based platform will be investing an undisclosed amount in digital asset consulting firm Diacle. The investment will reportedly be geared toward developing a shared security token advisory and offering an...
Once again, the crypto news spotlight has fallen on Libra, the Facebook-backed digital asset project. Over the past week, the cryptocurrency news cycle has been dominated by reports that regulatory entities the world over are looking to clamp down on Libra. Despite this, an executive of the organization operating the...
Pro-Crypto Lazarus Group Called Out by Treasury If you were to search up a satellite image of North Korea, you would find darkness. Unlike the nation just south of the border, North Korea is barren of lights, being subject to power outages caused by sanctions, resource mismanagement, and so on...
Libra Not a True Cryptocurrency? Ever since Facebook pompously unveiled Libra in June of this year, media headlines have been all over the “Facebook Cryptocurrency”. Search up the two words aforementioned and you will find a smattering of articles — from both trade publications and mainstream media business/tech outlets alike...
Seattle-based Bitcoin kiosks and ATMs provider Coinme has raised $1.5 million in a Series A-1 investment round that included the Blockchain Finance Fund and San Francisco-based Xpring, a Ripple initiative that helps develop innovative blockchain projects. The funds will be directed toward acquiring additional licensing in order to expand Coinme’s...
Square Crypto Continues Commitment to Bitcoin While Square Crypto has a name that implies it is committed to all cryptocurrency projects, this hasn’t been the case. The division of the fintech giant that shares its name, Square Crypto has dedicated most of its human and financial capital to the development...
London-based social trading platform eToro introduced a new programming language that makes it easier to engage in derivatives trading. Omri Ross, chief blockchain scientist at eToro, explained that the language, called Lira, will significantly lower the risk involved in finalizing financial contracts. Ross, whose comments came ahead of the Ethereal...