$200 million funding plans at ConsenSys followed by major restructuring, Kavita Gupta to step down
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ConsenSys Announces Major Restructuring as Longtime Executive Kavita Gupta Steps Down
Category: VC
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Indian Trade Association Nasscom Calls for Fast Crypto Regulation to Drive Growth
The Indian National Association of Software and Services Companies (Nasscom) has released a report that calls for regulatory certainty, particularly in areas such as cryptocurrency. The lack of legal clarity and the crypto banking ban have hindered investments in this sector, hurt crypto exchanges, and driven investors out of the country, according to the association. […]
The post Indian Trade Association Nasscom Calls for Fast Crypto Regulation to Drive Growth appeared first on Bitcoin News.
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Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy
An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Also read: Indian Supreme Court Moves […]
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Yale University Invested in New $400 Million Crypto-Focused Fund, Says Report
Yale is said to be one of the investors that has helped to raise $400 million for a major new crypto-focused fund
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Korea’s Largest VC Firm Makes First Investment in Enterprise Blockchain Startup
Korea’s largest venture capital firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, a project focusing on supply chain management solutions for businesses
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German Financial Group to Launch Crypto Index Funds for Institutional and Retail Investors
German financial group launches crypto index funds to bring “trillions of capital” from traditional markets into the crypto industry #SPONSORED
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The Daily: Bittrex Invades Europe and Blockchain Gets Raunchy
From the sublime to the smutty, today’s Bitcoin in Brief runs the full gamut of emotions and stories. These include Bittrex’s new foray into Europe, EOS’ quest to offload its billion-dollar warchest and Jackson Palmer’s viral new project, 50 Shades of Blockchain. Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Bittrex Teams Up […]
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Angellist: Number of New Crypto Job Listings Doubled in the Last Three Months
Angellist, a popular website that allows startups to raise money from angel investors, has revealed data about new crypto job listings on its platform. The company details the hiring needs of companies in the crypto space and what jobs are in demand. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales […]
The post Angellist: Number of New Crypto Job Listings Doubled in the Last Three Months appeared first on Bitcoin News.
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OK Blockchain Capital Wants to Inject $100M Into the EOS Ecosystem
It does not happen all that often that exchanges and trading platforms openly provide financial support to specific cryptocurrencies. OK Blockchain Capital, operated by OK Group, will finance emerging blockchain projects. Their current plan of attack calls for supporting the EOS ecosystem and its supernode venture. OK Blockchain Capital Supports EOS For those unaware of the OK Blockchain Capital firm, it is the venture capital arm of OK Group. This company also operates the OKCoin project, which is somewhat popular in the world of cryptocurrency. OK Blockchain Capital has made it clear it wants to finance emerging blockchain projects in the years to come. That particular businessPowered by WPeMatico
Silicon Valley VCs Want the SEC to Back off on Cryptocurrency Regulation
Even though things looked rather dire for Bitcoin and other cryptocurrencies throughout the first few months of 2018, things are changing in favor of this growing industry. Silicon Valley backers are showing an increasing appetite for volatile cryptocurrencies. As such, they are demanding that the SEC not label this form of money as securities. That is a pretty interesting endeavor, albeit one that may not necessarily have a positive outcome. Silicon Valley Opposes Bitcoin Regulation Ever since Bitcoin and similar currencies began gaining traction, there have been endless debates regarding regulating this industry. Every attempt made so far has either been tooPowered by WPeMatico