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Uber-Killer Grab Prepares for War in Asia by Raising $1.5 Billion
The cash-grab brings the Singapore tech firm’s valuation up to $14 billion, according to press reports. Singapore-based ride-hailing firm Grab has packed its war chest with $1. 5 billion in fresh equity financing from Soft Bank’s Vision Fund this week. дальше »
2019-3-7 00:31 | |
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Crypto Trading Giant Circle Wants to Raise $250 Million in Funding – But Why?
One of the world’s leading cryptocurrency startups, Circle, is seeking to raise $250 million according to sources directly involved with the initiative. Circle is the operator of the Poloniex cryptocurrency exchange, currently ranked 74 in the world by volume on Coinmarketcap. дальше »
2019-3-3 00:18 | |
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Square’s Surging Bitcoin Business Will Restore Confidence in Crypto
Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52. дальше »
2019-3-1 19:58 | |
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Singapore Govt’s Wealth Fund Invests in Coinbase’s $300 Million Round
GIC Private Limited, the sovereign wealth fund of Singapore, was one of the investors in Coinbase’s $300 million fundraising round last year, it has now been revealed. While there were other investors in the Series E round, GIC’s participation was closely guarded until now, per Bloomberg. дальше »
2019-2-28 13:29 | |
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Billionaire Oprah Winfrey Loses $50 Million in Weight Watchers Shares after 30% Plunge
Shares of fitness firm WW, which was formerly known as Weight Watchers International, plunged 30% in pre-market hours on Wednesday wiping out nearly $50 million of the stake that Oprah Winfrey holds in the company, according to CNBC. дальше »
2019-2-27 15:45 | |
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Tron Adds 14 New dApps TRX Network Continues Priming the Pump During Crypto Market Slump
Tron is making headway and its changes have already enabled it to catch up to EOS, a blockchain firm that is backed by $4 billion that it was able to raise through its ICO. According to a report by Tron, it is performing better than EOS. As the report states, “if we take a closer […] дальше »
2019-2-26 18:39 | |
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$12 Billion University of Michigan Endowment Might Deepen its Crypto Stake
Institutional investors are finally wading into crypto. Want proof? The University of Michigan’s $12 billion endowment said it could increase its investment in a crypto-network technology fund managed by American venture-capital firm Andreessen Horowitz. дальше »
2019-2-23 00:44 | |
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Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?
The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »
2019-2-19 16:53 | |
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Put Your Money On Crypto for the Long-Term, Says Major Wealth Manager for Pensions
It’s time institutional whales put their money into cryptocurrency according to major investment management firm Cambridge Associates. IT’S TIME TO ‘BEGIN EXPLORING’ SAYS CAMBRIDGE ASSOCIATES The Boston-based consultancy only advises major institutions who manage more than $300 billion worth of clients’ assets. дальше »
2019-2-18 20:11 | |
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Report: Crypto Exchanges Saw Trading Volumes Plummet in January
The crypto winter that started toward the end of last year doesn’t appear to be showing signs of slowing down. Digital assets like bitcoin lost more than 80 percent of their value while the overall crypto market cap shrunk from over $600 billion in January 2018 to less than $138 billion in December 2018. дальше »
2019-2-15 20:17 | |
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Newsflash: Amazon Trashes Plans for NYC Headquarters, Caves to Pressure from Ocasio-Cortez
Caving to pressure form local politicians and special interest groups, tech conglomerate Amazon has trashed a plan to build a new corporate headquarters in New York City. Amazon Caves to Pressure from Ocasio-Cortez, other Lawmakers The spacious Amazon campus in Long Island City, Queens would have created more than 25,000 well-paying jobs. дальше »
2019-2-15 19:58 | |
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Morgan Stanley to Spend $900 Million in Biggest Acquisition Since 2008 Crisis; Will the Trump Admin Approve?
Morgan Stanley is shelling out $0. 9 billion to acquire stock-plan firm Solium Capital. The acquisition of the firm that mainly specializes in offering Software-as-a-Service for managing employee share plans, ‘financial reporting and compliance’ is expected to bolster Morgan Stanley’s wealth management business. дальше »
2019-2-15 13:32 | |
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Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions
Even in a bear market, Morgan Creek Digital has no problem swimming upstream. The crypto asset management firm just bagged a $40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund. дальше »
2019-2-12 20:51 | |
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Public pensions are backing a $40M blockchain fund by Morgan Creek
A prominent digital asset firm has revealed it successfully closed a new $40 million blockchain-specific venture capital fund, thanks largely to contributions made by two public pensions. Morgan Creek Digital, a hedge fund backed by institutional powerhouse Morgan Creek Capital, has launched what it calls the Morgan Creek Blockchain Opportunities Fund, geared entirely toward investing in the digital asset industry. дальше »
2019-2-12 14:00 | |
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Public pensions back new $40M blockchain fund raised by Morgan Creek
A prominent digital asset firm has revealed it successfully closed a new $40 million blockchain-specific venture capital fund, thanks largely to contributions made by two public pensions. Morgan Creek Digital, a hedge fund backed by institutional powerhouse Morgan Creek Capital, has launched what it calls the Morgan Creek Blockchain Opportunities Fund, geared entirely toward investing in the digital asset industry. дальше »
2019-2-12 14:00 | |
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Softbank CEO is $5 Billion Richer after Masterminding Company’s Biggest-Ever Stock Buyback
Another day, another $5 billion in the purse for SoftBank’s Chief Executive Officer Masayoshi Son. The Japanese business mogul saw a boost to his net worth after he maneuvered the biggest stock buyback in his company’s history. дальше »
2019-2-7 18:21 | |
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Celsius Network Claims $600M In Crypto-Backed Loans
A lending firm which allows borrowers to use their cryptocurrency holdings as collateral has claimed an “amazing performance” after lending out more than half a billion dollars worth of fiat currency in the last five months of 2018. дальше »
2019-2-7 23:39 | |
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$225 Billion Abu Dhabi State Fund Dumps 35 Million AMD Shares for Cash – Has the Chipmaker Hit a Market Top?
Sovereign wealth fund Mubadala Investment Co has announced the sale of nearly 35 million shares in semiconductor firm Advanced Micro Devices (AMD). According to Reuters, the state fund of Abu Dhabi disposed of 34. дальше »
2019-2-5 15:51 | |
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Chainalysis Report: Two Groups Responsible for Most Publicly Reported Hacks
Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week. дальше »
2019-2-2 01:45 | |
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SBI Acknowledges Ripple’s Cross Border Abilities in Latest Financial Reports
Japanese Financial firm SBI’s newest financial report includes a section titled “Business Area Separation of Ripple and R3. ” In this section, the financial giant recognizes the impact Ripple can potentially make in the field of international transactions. дальше »
2019-2-1 19:27 | |
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Cryptocurrency Lending Firm Genesis Global Trading Processed Over $1.1 Billion in 2018
Over $1.1 billion in borrows and lends have been processed by cryptocurrency lending company Genesis Global Trading last year
дальше »2019-1-31 20:06 | |
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Cryptocurrency Lending Firm Genesis Capital Processed Over $1.1 Billion in 2018
Over $1.1 billion in borrows and lends have been processed by cryptocurrency lending company Genesis Capital last year
дальше »2019-1-31 20:06 | |
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Report: Hacker Groups may have amassed up to $1 Billion in Hacked Cryptos
According to a Wall Street Journal report on January 28, 2019, Chainalysis, a New York-based distributed ledger technology (DLT) firm has revealed that two expert hacker groups may be responsible for at least $1 billion in cryptocurrency exchange heists so far. дальше »
2019-1-30 02:00 | |
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Crypto Crime Mooned In 2018
Crypto-related crime spiked massively last year, according to the latest report from AML firm CipherTrace. Digital crooks made off with some $1. 7 billion worth of crypto assets in 2018. Some $950 million of the ill-gotten riches were siphoned off exchanges and related crypto infrastructure, growing more than threefold from the previous year. дальше »
2019-1-29 21:02 | |
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Ripple Price Analysis: XRP Market Cap is $6.755 billion, Messari Claims
Ripple prices consolidating inside Jan 22 high low Messari’s report place XRP market cap on the lens Transactional volumes low averaging 14 million An analytic firm is questioning XRP’s market cap. дальше »
2019-1-26 20:00 | |
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Ripple’s Q4 XRP Report: $129M of XRP Sales, Exchange Listings & Market Commentary
California-based Ripple published its Q4 2018 XRP Markets Report in which the sales of the XRP token accounted for 0. 24 percent of the global XRP volume. Ripple’s XRP sales were done programmatically and via institutional sales. дальше »
2019-1-25 16:19 | |
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Report: XRP Market Cap Could Be Overestimated By Billions
According to a recent report from crypto analytics firm Messari, XRP’s market capitalization could be overvalued by $6 billion
дальше »2019-1-25 01:10 | |
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Fortnite vulnerability could have left millions of credit cards exposed
Just as triumphant reports come in about Fortnite‘s success, the world’s most popular game is forced to contend with stories about security vulnerabilities that could have exposed its millions of players to hackers. дальше »
2019-1-18 22:33 | |
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Report: WhatsApp surpasses Facebook as the social network’s most popular app
In recent years, Facebook has arguably been the most popular app in a lot of major markets across the globe. However, WhatsApp, one of the apps it acquired, has surpassed it in terms of monthly active users. дальше »
2019-1-17 15:28 | |
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Cryptojacking Malware Leads Check Point’s Monthly Global Threat Index For Over a Year
The crypto market is heavily controlled by bears as the leading cryptocurrency trades near $3,500 and the total market cap registers $120 billion. However, this has no effect on the crypto mining malware. дальше »
2019-1-15 19:15 | |
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Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto
Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. дальше »
2019-1-15 00:10 | |
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Crypto Bear Market Has Even Led $15 Billion Bitmain to Lay Off Employees
The ongoing bear market has begun to take its toll on a number of businesses, as many seek to close up operations, reduce staff, or make other changes that impact their ability to stay afloat. The latest cryptocurrency firm to feel pressure due to continued price decline, is the $15 billion-valued mining giant Bitmain. дальше »
2018-12-10 19:59 | |
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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |
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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum
Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »
2018-11-28 01:21 | |
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Instagram is using machine learning to kill off your fake followers
Don’t freak out if you see your Instagram audience shrink in the near future. The company announced that it’s kicking off a clean-up drive to remove bots and fake accounts from its platform, and that may well lead to a drop in your follower count. дальше »
2018-11-20 14:10 | |
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How Brian Armstrong, CEO of Coinbase, Became a Crypto Billionaire
San Francisco-based cryptocurrency startup Coinbase has had a spectacular couple of years. A recent funding round valued the firm at $8 billion, making its CEO, Brian Armstrong, worth $1. 3 billion. дальше »
2018-11-15 21:30 | |
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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2. дальше »
2018-11-13 18:00 | |
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Mining Giant BitFury Wins $80 Million in Investments, Hits $1 Billion Valuation
CoinSpeaker Mining Giant BitFury Wins $80 Million in Investments, Hits $1 Billion Valuation Crypto mining company BitFury has closed a $80 million private funding round led by European venture capital firm Korelya Capital and billionaire Mike Novogratz. дальше »
2018-11-8 12:54 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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Crypto Markets Will Grow at CAGR of 6.18 Percent Till 2024, Claims New Report
The cryptocurrency market will experience steady growth between 2019 and 2024, according to a new report from ReportBuyer. The firm suggests that the combined annual growth rate of crypto markets will remain 6. дальше »
2018-11-1 17:29 | |
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Research: EOS is not a blockchain, it’s a glorified cloud computing service
A blockchain testing company claims it has found something quite shocking: EOS, a blockchain protocol that was worth $4 billion a few months ago, may not actually be a blockchain. In a new experiment, benchmarking firm Whiteblock concluded that the EOS token (and its RAM market) is essentially a cloud service for computation – and is built on an entirely centralized premise. дальше »
2018-11-1 16:00 | |
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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round
Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »
2018-10-31 20:51 | |
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Hope for XRP and Tron (TRX) as Coinbase Promises to List Hundreds of Cryptocurrencies
In an announcement earlier today, the President and COO of Coinbase, Asiff Hirji, notified investors and crypto enthusiasts that the firm had added an additional $300 Million of investment at a post-money valuation of over $8 Billion. дальше »
2018-10-30 16:37 | |
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