Volkswagen Group Confirm They Will Put Blockchains On The Road

Volkswagen are becoming a popular name in the blockchain and crypto community. It is no secret that the car manufacturing giants ahed partnered with IOTA , and are researching blockchain and how it can be utilised to benefit both vehicles and the roads in general. Volkswagen (VW) confirmed earlier in the year that they are now working directly with...
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Singapore VC Firm Launches $10 Million Cryptocurrency Investment Fund

Singapore-based venture capital firm Golden Gate Ventures has recently announced it's launching a $10 million fund focused on cryptocurrency and blockchain technology startups. The fund, LuneX Ventures, is set to invest in early-stage companies. According to Markets Insider , the fund will be led by Golden Gate Ventures' former head of growth, Kenr...
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248 Hits

Facebook Is Reportedly Meeting With Crypto Projects, Including Stellar

Facebook ( FB ) is reportedly meeting with a number of cryptocurrency projects, including Stellar ( XLM ), to explore ways in which the company can leverage blockchain technologies. According to a recent report by Business Insider that cites insiders at Stellar, Facebook is interested in leveraging blockchain technologies to potentially undercut pa...
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94 Companies Join IBM and Maersk's Blockchain Supply Chain

  IBM and shipping giant Maersk have recruited a sturdy crew for their global trade blockchain platform. Revealed Wednesday, the companies have already signed up 94 firms for the platform since it was spun off from Maersk in January. They have also finally given it a name: TradeLens. Leveraging Maersk's leviathan-like scale, TradeLens has attr...
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227 Hits

‘RICH DAD, POOR DAD’ AUTHOR SAYS BITCOIN WILL REPLACE ‘FAKE MONEY’

  The author of the best-selling finance book "Rich Dad, Poor Dad", Robert Kiyosaki, expressed his concerns about the US dollar and the fact that there's nothing to back it up. He also holds that cryptocurrencies will eventually replace it. 'FAKE MONEY' The finance book "Rich Dad, Poor Dad" went on to sell upwards of 32 million copies, turning...
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Bitcoin [BTC], Litecoin [LTC], Ethereum [ETH], Dash [DASH] to be accepted by Queensland government

On 4th August, the official Twitter handle of Dash posted that the government of Queensland, Australia is allegedly shaping a scheme to fit Bitcoin and other cryptocurrency payments into the system. This program could help cryptocurrencies see a wider adoption in Queensland. The coins expected to be accepted are BTC, LTC, ETH, DASH and NEM [XEM]. C...
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Financial Services Giant Northern Trust Aggressively Expands into Crypto and Blockchain

Northern Trust has become the latest financial services giant to announce ventures related to cryptocurrency and blockchain technology. The Chicago-based company revealed that it has been working on blockchain-based solutions for its private equity workflow as well as assisting hedge funds that have invested in cryptos. Northern Trust is working wi...
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178 Hits

Coinbase To List Ethereum Classic (ETC) In Few Days

Coinbase to list Ethereum Classic ETC on its cryptocurrency exchange platform in few days. The announcement was made known through a tweet via the Twitter handle of Coinbase on the 3rd of August. Ethereum Classic (ETC) will be available on Coinbase Pro and Coinbase Prime as at August 7th. This is good news for the Ethereum Classic community as more...
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Coinbase Custody is Eyeing Some Extremely Odd Altcoins

As is now customary for the company, Coinbase has released a list of the latest assets it's considering. The latest batch are being mooted for its institutional platform, Coinbase Custody, and thus are for storage only at this time, though future trading cannot be discounted. The list of altcoins it's considering is as eclectic as it is incongruous...
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Square achieves over $70 million Bitcoin [BTC] revenue in first half of 2018

  Square has successfully generated nearly $34 million and $37 million revenue in Bitcoin [BTC] in Q1 and Q2 of 2018. Square is the payment services company by Jack Dorsey, the CEO of the popular social media site, Twitter. The statistics of the revenue collected in the first half, in Bitcoin[BTC] is reported on 1 st August, 2018 to the U.S. S...
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CoinJar Introduces First Australian Crypto Index Fund

Australian Bitcoin exchange CoinJar has recently launched the country's first cryptocurrency index fund for wholesale investors. The digital currency fund provides a platform for Australian investors to obtain exposure to cryptocurrencies and offload custodial responsibility to an external entity. The fund currently contains two classes, which cons...
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172 Hits

Bitcoin to replace USD? Not before it hits $213k according to UBS

  Bitcoin, a digital currency which was created as an alternative to the traditional financial system when the major economies sank into financial crisis in 2008, has had a long journey. The cryptocurrency particularly came into the center spot when its price hit nearly $20,000 in December 2017 and, since then, it has attracted a lot of intere...
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The owner of the New York Stock Exchange is teaming up with Microsoft and Starbucks to build an 'ecosystem' for crypto

ICE, the parent company of NYSE, unveiled its crypto asset platform, Bakkt, on Friday. The firm says it'll serve as a global ecosystem for crypto. ICE, the parent company of the iconic New York Stock Exchange, is making a big move into the crypto market with a digital asset platform. The firm, which previously dove into the market for digital asset...
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Coinbase Custody Considers Addition of 37 New Assets Including XRP, EOS and XMR

San Francisco-based exchange and wallet service Coinbase announced today, Aug. 3 that it is exploring the addition of 40 new assets to its custodial service, Coinbase Custody. The blog post stresses that the crypto assets may be added "for storage only," and that Coinbase will add them "as quickly and safely as possible." Coinbase states that they ...
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189 Hits

Japan’s Tech Giant Sony Offers Solutions for Boosting Blockchain Hardware in Two Patents

Japanese electronics giant Sony has filed two patents for boosting blockchain -based ecosystems, according to filings 20180218027 and 20180219686 published by the U.S. Patent and Trademarks Office (USPTO) Aug. 2. Through the patents, Sony intends to improve the design and structure of blockchain hardware by introducing new circuitries to the proces...
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281 Hits

NYSE Operator Announces New Global Digital Assets Platform, Plans Bitcoin Futures Launch

Intercontinental Exchange (ICE), the operator of 23 leading global exchanges including the New York Stock Exchange (NYSE), has announced plans to create a Microsoft cloud-powered "open and regulated, global ecosystem for digital assets," according to a press release published August 3. The operator of NYSE is forming a new company, dubbed "Bakkt," ...
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211 Hits

NEO partners with formal verification company CertiK

NEO recently partnered with CertiK , an American-based formal verification company for smart contracts and blockchain ecosystems. CertiK is comprised of PhD's from Yale and Columbia, as well as engineers who've worked at Google, Facebook, and Freewheel, amongst other Silicon Valley-based companies. Key features of the formal verification company in...
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Big Blockchain: The 50 Largest Public Companies Exploring Blockchain

 There's more than one way to gain exposure to blockchain innovation. Beyond buying over-the-counter products or investing directly in blockchain startups some of the largest public companies in the world are already dabbling in the tech. In fact, a closer look at this year's Forbes Global 2000 list of the largest public companies in the world...
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Northern Trust Opens Doors to Cryptocurrency Hedge Funds As Part Of Pervasive Blockchain Expansion

  Financial services giant Northern Trust has significantly expanded its work with blockchain and cryptocurrencies across multiple divisions. In addition to adding a number of new blockchain features for managing its private equity workflow, the company, which has almost $10.7 trillion in assets under custody and administration, has also quiet...
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Major Swiss Online Bank Posts Soaring Profits After Offering Clients Crypto Investing

  Online banking service provider Swissquote has seen a 44 percent surge in profits in the first half of 2018, an uplift attributed to the "crypto boom" earlier this year, local news outlet Finews reports July 31. In July 2017, the Swiss -based online bank was credited by many with becoming "the first" European online bank to launch Bitcoin (B...
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