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The cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Also read: Yahoo! … Read more
Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Readies 7nm Mining Chips Japanese conglomerate GMO Internet … Read more
Since the South Korean prosecution started investigating Upbit, the country’s largest cryptocurrency exchange, more events have unfolded. While local media still discuss allegations and raise questions about Upbit’s business practice, some people believe that Upbit is already in the clear. The investigation continues. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The Allegations Local … Read more
LedgerX has launched a BTC savings account licensed by the CFTC, which permits users to earn yields with overwrite options Go to Source Powered by WPeMatico
Circle has raised $110 mln in an investment round led by mining hardware manufacturer Bitmain, Circle plans to release a fiat-backed smart coin this summer Go to Source Powered by WPeMatico
A US federal court has indicted three founders of a company purported to offer cryptocurrency-related financial products and have raised $25 million in an initial coin offering. In addition to claiming to have licenses in 38 states, the company also claimed partnerships with Bancorp, Visa, and Mastercard to issue its own cards. Also read: Yahoo! Japan … Read more
A company has created a smart eCard for cryptocurrencies and credit cards. Its footage shows someone paying for McDonald’s in less than a minute #SPONSORED Go to Source Powered by WPeMatico
The European Central Bank’s Yves Mersch says banks should keep cryptocurrency dealings separate from other activities, as crypto doesn’t “qualify” as money Go to Source Powered by WPeMatico
On a par with Bitcoin, new currencies are entering the crypto world. Recently multifunctional gaming platform Game Stars have closed a pre-sale stage with complete sold-out of GST tokens and over 51 ETH and 57 BTC raised. The platform and the token caused a lot of buzz in the blockchain market. Moreover, gaming world show … Read more
At press time, bitcoin is trading for just over $8,500. This is a near $300 drop from yesterday’s price of $8,800, and the recovery many of us likely believed to be right around the corner is again sinking into hiding for the time being. The price did manage to rebound a bit following Monday’s start … Read more