The president of the world bank group Jim Yong Kim has expressed his view that blockchain technology has "huge potential" and that the bank should keep pace with innovative technologies. Kim's remarks came at the international monetary fund (IMF) and the world bank's annual meeting in Bali, Indonesia. Kim spoke of the importance of addressing pover...

  Inside sources say Nasdaq is looking to create a platform for cryptocurrency security tokens. This development is the latest in a series of reports of the U.S.-based stock exchange operator taking steps to enter the digital asset space. Nasdaq and Cryptocurrency Security Tokens According to reports, Nasdaq plans to develop a platform where c...

  China has played a critical role in the crypto markets for several years now. A new paper written by academics from Princeton University and Florida International University suggests that China's growing influence over Bitcoin's key infrastructure has given the Chinese government the ability to heavily shape, or even destroy, Bitcoin. Bitcoi...

Emerging Swiss virtual currency fund, Crypto Fund AG, said on Tuesday it had been given an asset management license by the Financial Market Supervisory Authority (Finma). The license allows the company to manage crypto-related investments within Switzerland and to solicit for others elsewhere. Crypto Fund will also be authorized to provide investme...

US investor David Swensen, who manages Yale University's $30 billion endowment, is now betting on the crypto market by investing in a cryptocurrency-oriented fund that raised $400 million, people familiar with the matter told CNBC and Bloomberg . Paradigm, as the new fund is called, was launched by Fred Ehrsam, who co-founded crypto exchange Coinba...

  Ethereum co-founder Vitalik Buterin was recently asked about the "biggest changes" that have taken place in Ethereum Foundation over the past 15 months. This came up after Buterin tweeted stating that Ethereum has undergone a massive change over the past 15 months. In response to the query, Buterin put forward four points explaining the deve...

  Cryptocurrency finance company Circle Internet Financial Ltd. has acquired equity crowdfunding platform and broker-dealer SeedInvest, according to an announcement published October 5. Exact terms of the transaction were not disclosed. New York-based SeedInvest was founded in 2012 as a startup investing platform. Since then, the company has r...

  Popular Wall Street Financial Advisor Ric Edelman Joins Bitwise Legendary wall street advisor Ric Edelman recently revealed that he has invested in Bitwise Asset Management . Edelman is the founder of Edelman Financial Services, lately named the No. 1 Registered Investment Advisor (RIA) firm in the country for 2018 by Barron's, with $22 bill...

  David Swenson , the chief investment officer at Yale University, a private American Ivy League research-focused university, has reportedly invested in giant venture capital firm Andreessen Horowitz's $300 million cryptocurrency fund - which is "designed to include the best features of traditional venture capital, update to the modern crypto ...

 Now that ICOs are becoming less popular, according to some experts, venture capitalists keep investing in Blockchain-oriented companies — funding them directly, a new Diar report claims. Boost of 'business angels' investment A recent report by Diar says that almost $4 bln of VC investment came to Blockchain startups during Q1-Q3 of 2018. Appa...

Recently, BitPanda, a leading European retail cryptocurrency exchange announced that they will be offering trading services for IOTA [MIOTA]. The exchange platform is also one of the first exchanges to support IOTA Hub. According to the post, the collaboration makes BitPanda one of the first companies in the production platform to fully utilize the...

  Reporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. "How Dirty Money Disappears Into the Black Hole of Cryptocurrency," was its published product from months of investigative journalism. The company's CEO, Erik Voorhees, claims cooperation with the WSJ was obtained "und...

  Goldman Sachs startup Circle, the Boston-based crypto finance company, has gone live with its stablecoin called the US Dollar Coin, or USDC . This is the first cryptocurrency released by a major financial institution. In order to avoid instability and inflation inherent to other unregulated cryptocurrencies, the value of the USDC will be tie...

In early August, the Intercontinental Exchange (ICE), an American company that operates 23 regulated exchanges and marketplaces across the world, announced that it would launch a cryptocurrency startup called Bakkt . The New York Stock Exchange-owning entity, backed by Microsoft and Starbucks, wanted to create a safe global environment for trading ...

  Brian Armstrong, the CEO and Founder of Coinbase, one of the biggest cryptocurrency exchange platform in the world, spoke about the reason behind the inception of Coinbase and Satoshi Nakamoto, during an interview with Fortune. The CEO listed under Fortune's 40 under 40 stated that there were several reasons which led to the inception of Coi...

  Google and Goldman Sachs are among the firms that have invested in the enterprise-payments start-up Veem in its latest fund-raising round. Veem is leveraging Bitcoin to connect its clients' bank accounts with the suppliers. Banking giant Goldman Sachs along with technology giant Google has invested in Veem, a global payments solution provide...

  Walmart uses blockchain technology to improve the shopping experience for their customers via blockchain. Walmart has implemented a blockchain system, designed by IBM, to ensure that their lettuce/ other leafy greens, is free of any bacteria when it reaches the store floor. The way they are accomplishing this is by telling their suppliers of...

  Over half of South Korea's population is bound to have active exposure to blockchain technology following a partnership formed between the country's highly valued blockchain project, ICON , and a giant in telecommunications, SK . The highlight of the deal is that users of the SK's mileage system will be compensated through blockchain technol...

  United States Congressman Tom Emmer , who just recently got named to co-chair the Congressional Blockchain Caucus, announced on Friday that he will be introducing three pro-blockchain bills to Congress with the aim of aim of supporting cryptocurrency and blockchain technology adoption in the U.S. The three bills are titled "Resolution Suppor...

Venture capital firms aren't well known for their business with blockchain, but this is slowly changing with more and more firms looking into investing in blockchain-related funds. In this, we explore five of the notable VC firms who are diving into the world of cryptocurrency. Venture Capital (VC) firms have not been as quick as other organization...