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South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium
The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. дальше »
2018-10-13 04:05 | |
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Coinbase Has Just Added ZRX, Its First ERC-20 Token
Making good on a promise it made back in March of this year, Coinbase has just added its first ERC-20 token. ZRX, the token of the 0x (pronounced “zero x”) protocol began trading on Coinbase Pro (formerly GDAX), the exchange’s professional trading platform, on October 11, 2018. дальше »
2018-10-13 23:50 | |
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Superstar plastic surgeon buys major South Korean cryptocurrency exchange
Just weeks before regulators decide the fate of domestic initial coin offerings (ICOs), one of South Korea’s largest cryptocurrency exchanges is changing hands. A consortium led by a superstar plastic surgeon has just bought a controlling stake in Bithumb for $353 million. дальше »
2018-10-12 13:54 | |
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Meet the VC Fund Bridging Beijing and San Francisco Crypto
Dragonfly Capital Partners, a fund led by crypto investor Alexander Pack and experienced Chinese venture investor with 20 years of experience Bo Feng, has raised $100 million for its first fund to invest in cryptoasset startups. дальше »
2018-10-12 11:00 | |
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
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U-Turn: Binance To Donate 100% Of Listing Fees To Charity
Binance Embraces Transparency As reported by Ethereum World News in early-August, Chris Franko of Expanse claimed that he was told to pay 400 Bitcoin (BTC) or the equivalent of $2. 5 million for a listing position on Binance. дальше »
2018-10-9 03:29 | |
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Crypto Week In Review: $30B Ameritrade Brings Crypto to Mainstream, Coinbase Worth $8B
While the markets may indicate otherwise, the past seven days saw a slew of positive fundamental news bombard the cryptosphere, which has led some to pronounce that this week has been “the best week for crypto all year. дальше »
2018-10-7 14:06 | |
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Famed Endowment Manager Invests Yale’s Money in Crypto Funds.
On October 5, 2018, an article published by Bloomberg stated that Yale University’s Investment Office, under the stewardship of famed manager David Swensen, has put an allocation toward Paradigm, a new cryptocurrency fund that has raised $400 million dollars. дальше »
2018-10-6 01:52 | |
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Circle Poised to Acquire Equity Crowdfunding Platform SeedInvest
Cryptocurrency startup Circle is venturing deeper into crypto trading. The Boston-based company is now ready to buy equity crowdfunding firm SeedInvest. If approved by regulators, the move could allow Circle to help match investors with fledgling companies trying to raise money via initial coin offerings (ICOs). дальше »
2018-10-6 20:54 | |
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Multicoin Capital leads $9.65M investment in SKALE, an EVM on a plasma chain
CryptoNinjas Multicoin Capital, a blockchain investment company announced that it led a $9. 65 million investment round in SKALE, the first solution that delivers a commercially usable Ethereum Virtual Machine (EVM) on a plasma chain. дальше »
2018-10-6 18:46 | |
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R3-led DrumG Raises $6.5 Billion Thanks to Investment from Ethereum Co-Founder
ConsenSys, a studio founded by Ethereum co-founder Joseph Lubin, invested $6. 5 million into blockchain startup DrumG on October 1, 2018. Series A Investments Led by the Competition ConsenSys isn’t new to making investments via investment arm called ConsenSys Ventures. дальше »
2018-10-4 05:00 | |
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Facebook reveals data breach affecting 50 million users
Facebook today announced a data breach occurred on September 25 affecting at least 50 million Facebook accounts. The social network disclosed the breach Friday morning, issuing a statement that said an “attack” on its system led to “the exposure of information” affecting the 50 million users, according to the New York Times. дальше »
2018-9-28 20:09 | |
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Federal Judge Rules Cryptocurrency MBC Is a Commodity
In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal. дальше »
2018-9-28 23:15 | |
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Google-Funded Veem Uses Bitcoin To Improve Int’l Payments
San Francisco, Calif. -based Veem announced on Wednesday the raising of $25 million in growth funding led by an impressive list of companies, including Goldman Sachs (lead investor), GV (formerly Google Ventures), Silicon Valley Bank, Kleiner Perkins, Pantera Capital and others. дальше »
2018-9-27 20:00 | |
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Circle’s USDC Stablecoin Begins Trading
Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform. дальше »
2018-9-27 20:50 | |
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Bitwala gets €4 million boost to launch its new blockchain banking service
Bitwala, a blockchain banking service out of Germany, announced today has closed a funding round of more than €4 million led by Earlybird Venture Capital to finally launch its fully regulated blockchain bank service. дальше »
2018-9-25 13:02 | |
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Japanese Exchange Zaif Falls Victim to Crypto Hack; Loses $60 Million
When it seems things couldn’t get worse during the cryptocurrency bearish market, the community woke up to a nasty shock on September 17, 2018. A Japanese exchange Zaif reported that it was the victim of a breach which led to a loss of cryptocurrencies worth $60 million. дальше »
2018-9-22 01:00 | |
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Bread Sprouts $60 Million In Equity Financing To Redefine Branded Credit Cards Landscape
Marketing tech firm focused on providing financing solutions, Bread, has recently announced its success in raising nearly $60 million in funds. The fundraising round was supposedly led by Kinnevik with additional support from Bread’s established investors such as Bessemer Venture Partners, Menlo Ventures, RRE Ventures, Colle Capital Partners and Cue Ball, as per Globe News […] дальше »
2018-9-19 08:14 | |
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AlphaNetworks raises $10 million to build global AI media platform on blockchain
AlphaNetworks, a blockchain-powered entertainment platform supported by AI and cognitive science, announced today the close of USD $10 million of initial funding led by Alphabit Digital Currency Fund and joined by Shuttle Fund of Korea, Smart Contract. дальше »
2018-9-19 02:06 | |
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Crypto Startup Reels in Twitch Executive to Spearhead Adoption Strategies
Kin Ecosystem Foundation, the nonprofit governance organization for the Kin cryptocurrency, has announced the appointment of Matthew DiPietro as its chief marketing officer (CMO) today, September 18, 2018. дальше »
2018-9-18 19:38 | |
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Vestigo Ventures leads $1.5 million round for crypto tax software ZenLedger
Vestigo Ventures, an early-stage venture capital firm focused on investments in fintech companies, announced today that it led a $1. 5 million financing round for ZenLedger, a provider of software for cryptocurrency investors and their accountants. дальше »
2018-9-17 14:41 | |
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How Coinbase is En Route to Becoming the ‘NYSE’ of Crypto
Back in early 2015, Coinbase was reported to have raised $75 Million in a growth round of funding that was led by DFJ (Draper Fisher Jurvetson) and included other participants such as USAA, NYSE, Andreessen Horowitz, Union Square Ventures, and Ribbit Capital. дальше »
2018-9-16 17:13 | |
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Crypto Exchange Seed CX Record 50% Increase From Series B Funding
Seed CX, a crypto exchange company, has revealed that it raised $15 million in a Series B funding round. The figure is an obvious improvement on the $10 million which it raised in Series A. According to a press release, asset management firm, Bain Capital Ventures led the funding round which is expected to play […] The post Crypto Exchange Seed CX Record 50% Increase From Series B Funding appeared first on ZyCrypto. дальше »
2018-9-12 20:46 | |
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Stellar-Based Lightyear Acquires Chain, Forms New Entity
Lightyear Corporation, a universal payments network built around Stellar’s open financial protocol, has announced the acquisition of Chain, in a merger that sees both brands combine to form a new entity called Interstellar. дальше »
2018-9-11 16:55 | |
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Iceland’s Biggest Crypto Mining Heist Sees 7 People Charged For Crimes Totalling Over $2 Million Stolen
Seven People Charged for Crimes Against Iceland’s Mining Facility, Amounting to Over $871,000 The mining facilities in Iceland recently experienced a major heist involving conspiracy, burglary, and theft. дальше »
2018-9-11 16:36 | |
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Bitcoin Insider Trading? $74M Short-Sell Is Suspicious: Expert
On Wednesday and Thursday, Bitcoin (CRYPTO: BTC) tumbled nearly 14% (from $7,380 to $6,410) on news that Goldman Sachs would be pulling out of plans to set up a cryptocurrency trading desk. However, an artificial intelligence (AI) software firm finds suspicious activity that may (or may not) signal market manipulation or insider trading. дальше »
2018-9-7 16:30 | |
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Bitcoin Cash Stress Test Goes Beyond 24-Hours Setting New Records
On September 1, Bitcoin Cash proponents led a community-driven stress test by sending millions of transactions in one day. In fact, the protocol’s miners processed 2. 2 million transactions in 24-hours and processed massive sized blocks all day long. дальше »
2018-9-6 22:05 | |
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PolyChain Capital Leads $4 Million Series A Funding Round for Cryptocurrency Wallet Startup ‘MyCrypto’
PolyChain, a San Francisco-based VC firm with a focus on cryptocurrency and blockchain enterprises, has led a $4 million Series A funding round for MyCrypto—a cryptocurrency wallet startup. дальше »
2018-9-1 19:42 | |
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Ethereum interface MyCrypto raises $4 million in Series A funding
MyCrypto, Inc. , an open-source interface that simplifies the process of storing, sending, and receiving digital assets, announced today it has raised $4 million in a Series A round of funding led by Polychain Capital. дальше »
2018-8-30 15:55 | |
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MyCrypto Raises $4 Million Led By PolyChain Capital to Build a More Intuitive Interface for Cryptocurrency Users
MyCrypto has announced it has raised $4 million in a Series A funding round led by crypto hedge fund Polychain Capital. The funds are expected to go toward building an intuitive interface for cryptocurrency users. дальше »
2018-8-31 14:17 | |
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MyCrypto Raises $4 Million Led By PolyChain Capital to Build a Crypto-Friendly Interface for Users
MyCrypto has announced it has raised $4 million in a Series A funding round led by crypto hedge fund Polychain Capital. The funds are expected to go toward building an intuitive interface for cryptocurrency users. дальше »
2018-8-30 14:17 | |
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Four Major Cryptocurrency Exchanges Lead Funding Round in New Stable Coin
Four of the largest global cryptocurrency exchanges are leading an investment round in a new e-commerce-based stable coin. The investments come as stable coins become the most popular projects in the cryptocurrency industry. дальше »
2018-8-30 22:30 | |
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South Korean Cryptocurrency Exchange Bithumb Has Made $35 Million in 2018 Despite June Hack
Bithumb, a South Korean cryptocurrency exchange platform has reportedly seen a mid-year profit of $35 million. The virtual currency exchange made the news in June 2018 after suffering a $30 million hack which led to severe downtime on the platform. дальше »
2018-8-25 21:08 | |
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Blockchain Infrastructure Start-up Axoni Completed a $32-Million Series B Funding Round Led by Goldman Sachs and Nyca Partners
Axoni, a leading provider of distributed ledger technology, announced last week that it has closed a USD $32 million Series B funding round, led by Goldman Sachs and Nyca Partners. The investment brings the total amount of funds raised by the start-up to date to USD $55 million. дальше »
2018-8-24 14:29 | |
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Satoshi’s 1 Million Bitcoin Haul Could Be Smaller Than First Thought
Bitcoin’s elusive creator Satoshi Nakamoto owns 1 million BTC, plus a corresponding number of BCH and other forked coins. That’s always been what we were led to believe, ever since a 2013 analysis by Sergio Lerner. дальше »
2018-8-22 00:05 | |
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AirBnB Co-Founder Backs $22.7M Investment in ‘Full Service’ Institutional Crypto Platform
Another platform aiming to facilitate institutional investments into the cryptocurrency market is underway, as SFOX successfully closes $22. 7 million Series A funding round. Luring In Big Money SFOX – a cryptocurrency prime dealer for institutional investors and high-volume traders announced in a press release that it has managed to close $22. дальше »
2018-8-21 19:00 | |
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Legaler raises $1.5 million to build blockchain infrastructure for legal services
Legaler, an Australian company building the blockchain infrastructure for the future of legal services, has raised $1. 5m in a round led by MasterNode Ventures, joined by Pacific Blue Capital and a number of prominent. дальше »
2018-8-20 17:20 | |
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Axoni Closes $32 Million Funding Round Led by Goldman Sachs
Axoni, a New York-based enterprise provider of blockchain technology, has completed a $32 million Series B funding round. Major players took part in the funding round including Goldman Sachs, NYCA Partners, Digital Currency Group, J. дальше »
2018-8-18 16:00 | |
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“Blocklattice” Developer DEXON Foundation Secures $20 Million in Funding, Shares Speed Test Results
DEXON Foundation, an offshoot of the world’s first zero-fee, high-frequency cryptocurrency trading platform COBINHOOD, has bagged $20 million in a new funding round led by hedge fund firm IDG Capital. дальше »
2018-8-17 16:00 | |
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SFOX raises $22.7 million for its institutional crypto asset management platform
SFOX, a cryptocurrency prime dealer for high-volume traders and institutional investors announced today that it raised $22. 7 million in Series A funding. The round was led by Tribe Capital and Social Capital, with participation. дальше »
2018-8-16 19:25 | |
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BitAngels Founder Sues AT&T for $224 million Following Wallet Hacks
BitAngels founder Michael Terpin has filed a $224 million lawsuit against telecoms provider AT&T, alleging that its negligence led him to lose about $24 million worth of cryptocurrency to fraudsters, according to a CNBC report. дальше »
2018-8-16 23:14 | |
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