Rumor: OmiseGO (OMG) firm bought by CP Group for $150 million, price up 12%

The largest private company in Thailand has bought out the software firm behind the OmiseGO (OMG) crypto network. Charoen Pokphand Group (CP Group) acquired payments company Omise for around $150 million, as reported by TheBlock . CP Group is headed by billionaire Chatchaval Jiaravanon, and the family that owns the company is ranked as the fourth-w...
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How Many Ether Will You Need to Stake in Ethereum’s Proof-of-Stake Casper?

Ethereum (ETH) will be switching to a proof-of-stake consensus model within the next year or so. Many are wondering, 'How many ether does one need to participate in Ethereum staking?' Here is what we know so far. Although it is hard to pin an exact date on the transition, Ethereum will soon be moving to a proof-of-stake (PoS) consensus model. The s...
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Everex is able to start onboarding US clients.

From the desk of Anna Vladi, COO of Everex, New York, NY: I am very excited to write the first piece of news from Everex US. After a great launch in January, we have been quite busy from building relationships with banks and other technology partners to applying for money transmitter license with the Banking and Insurance departments of various sta...
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261 Hits

Omise partners with McDonald’s Thailand to provide seamless payment experience for online and mobile orders

(from L-R) Ezra Don Harinsut, COO and Co-founder of Omise, Jun Hasegawa, CEO and Founder of Omise, Hester Chew, Chairman of Executive Committee and Chief Executive of McThai Co., Ltd., June Seah, Chief Business Development Officer of Omise and Sorasit Booncharoensukpisarn, Associate Director, Corporate Sponsorship and Alliance of McThai Co., Ltd.
Online payment technology service provider Omise announced today that it has been chosen by McDonald's Thailand to be its exclusive payments gateway for its website, www.mcdonalds.co.th and the McDelivery Thailand mobile app . With consumers growing embrace of online and especially mobile technologies, purchases through digital channels have rapidl...
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BMW, Intel Partner With Government-Backed Blockchain Accelerator

BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe's startups in order to help build an "inclusive" ecosystem "r...
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95 Hits

Binance Changes Launchpad Token Sale Format to Lottery

  Leading cryptocurrency exchange Binance announced major changes to the format of its Launchpad token sale in a post on its blog published on March 24. Per the announcement, the company "will use a new lottery format for the next project on Binance Launchpad." Previously, the system functioned on a first come, first served basis, which left m...
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585 Hits

Top 170+ VC’s and hedge funds investing in crypto and blockchain companies

Crypto venture capital firms 1confirmation - Crypto fund investing in the decentralized web 3TS Capital Partners - European technology venture capital firm 500 Startups - An early-stage venture fund and seed accelerator a16z crypto - A venture fund that will invest in crypto companies and protocols Abstractvc - Early-stage venture capital firm base...
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2591 Hits

U.S. Private Investment Manager Invesco Launches Blockchain ETF on the London Stock Exchange

Invesco Ltd., a U.S.-based independent investment firm is launching a blockchain exchange-traded fund (ETF), reported the Financial Times on March 9. The ETF is targeting firms that will likely generate income from using blockchain, the technology that underpins digital currencies such as Bitcoin and Ethereum. The announcement of the Invesco Elwood...
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Samsung Pay Likely to Integrate Cryptocurrency Payment Option On Its Platform

With many big corporations warming up to the idea of cryptocurrencies, South- Korea-based tech giant Samsung is likely to join the crypto bandwagon. Two weeks back during the Mobile World Congress 2019 even in Barcelona, Samsung announced integrating a cryptocurrency wallets to its Galaxy 10 handset. Industry sources now say that the tech giant is ...
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Fidelity’s Digital Asset Platform Goes Live With Select Clients

Fidelity Digital Assets, the digital currency wing of United States financial services giant Fidelity, is now live with a select group of clients, the firm announced on March 8. In a tweet, the firm wrote: "We are live with a select group of eligible clients and will continue rolling out slowly. Our solutions are focused on the needs of hedge funds...
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1271 Hits

Analysing ICOS and Doing Your Own Research

Many things have shaken the cryptocurrency world between the event of Bitcoin mooning (growing in value exponentially) and Bitconnect scamming thousands of people to the tune of 2.6 billion dollars. Market sentiment is erratic, nearing scepticism while scam ICOS create havoc and make investors even more nervous and tense about participating. As a g...
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Federal Reserve May Add Bitcoin Crash to Stress Test Scenarios

The U.S. Federal Reserve could soon include a cryptocurrency market crash as one of the risks to take into account when conducting supervisory stress tests. The Fed's board of governors on Thursday announced amendments to a policy statement on the scenario design framework for stress testing, saying that "the collapse of the bitcoin market" may be ...
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327 Hits

ICONLOOP Achieves Advanced Technology Partner Status in Amazon Web Services Partner Network

Greetings from the ICONLOOP Team, ICONLOOP has achieved Advanced Technology Partner status in the Amazon Web Services (AWS) Partner Network (APN). APN Technology Partners provide software solutions that are either hosted on, or integrated with, the AWS platform. The partners can achieve one of the three performance tiers based on product status, cu...
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Pension consultant recommends institutions start investing in crypto

Cambridge Associates, a pension and endowments consultant with $389 billion in assets under advisement, has recommended institutional investors start looking at opportunities in the crypto sphere, the firm stated . "In looking across the investment landscape, we see an industry that is developing, not faltering," the firm said. "Although the crypto...
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128 Hits

The Samsung Galaxy S10 has a cryptocurrency wallet built in

Samsung
Samsung is one of the first major smartphone makers to include a cryptocurrency wallet in its latest flagship Galaxy S10 phones. The wallet lets users store bitcoin, Ethereum, and a beauty-related cryptocurrency called Cosmo Coin. It's a cold storage wallet, meaning it's not connected to the internet. The Galaxy S10 phones also support select decen...
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161 Hits

Jack Dorsey: Bitcoin will be the world’s ‘single currency’ in 10 years

  Twitter and Square cofounder Jack Dorsey believes that in 10 years or fewer, everyone will be using Bitcoin. "The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin," Dorsey told London news outlet The Times . Dorsey acknowledged that Bitcoin is still "slow and...
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Sidedoor ETFs: Three more Grayscale products could be available on OTC Markets soon

  There's been a lot of discussion in recent months about the Bitcoin ETF. When will it get approved? Who will win the tortoise race through the SEC's glacial approval process? Will it even matter? But what often gets glossed over is that there are already not one, but two "sidedoor ETFs" trading on OTC Markets in the U.S. - Bitcoin's GBTC and...
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‘Why I believe crypto is a $278 trillion opportunity’

  A prominent crypto economist has explained how growing up in 1990s Russia shaped her belief that cryptocurrencies could one day become a multi-trillion dollar asset class. Anya Nova , who is a crypto economist with Perth-based blockchain project Power Ledger , says she experienced extreme hyperinflation during her childhood and realised that...
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Three Cryptocurrency Bills Expected to Pass in U.S. House of Representatives

  The U.S. House of Representatives is expected to pass three bills that focus on cryptocurrency and its use for illegal activities . If there's one thing that grabs the attention of legislators, it's fearmongering. A politician loves nothing more than to whip up some hysteria over an issue before introducing a piece of legislation that they s...
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138 Hits

5 Reasons Bitcoin’s Adoption Is Stronger Than Ever

 Reason #1 Bitcoin is now even more secure. Compared to one year ago, the computing power deployed on the Bitcoin network by users all over the world has more than doubled . Reason #2 The number of daily active addresses is stable. In a big bear market, this kind of stability is an encouraging sign. Reason #3 Transaction volume has doubled. Th...
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122 Hits