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Ubank announced that it has secured an undisclosed amount of funding from Inventure Partners, a major investment fund specializing in cutting-edge tech projects The mobile payments app Ubank received funding from Inventure Partners for the further development of Ubcoin Market, a blockchain ecosystem that would allow its users to become crypto investors simply by selling … Read more
Even though cryptocurrencies tend to attract a lot of positive attention, there are some worrisome trends in this industry as well. With over $1.7 billion worth of cryptocurrencies having been lost or stolen since 2011, it is evident there is a lot of work to be done. Turning this situation around will prove to be challenging … Read more
Self-sovereign identity is focus of new IBM partnership with Sovrin Foundation. #NEWS Go to Source Powered by WPeMatico
The blockchain surveillance company Chainalysis has announced it has raised $16 million USD in a Series A funding round from the firm Benchmark. Chainalysis also reveals it will be stretching its monitoring software efforts towards the bitcoin cash network and hopes by the year-end the platform will cover ten different public blockchains. Also read: Russians … Read more
Optimism is all about perspective. Q1 of 2018 breaks the worst Bitcoin records, but only eight months ago BTC was worth less than half of where it is today #ANALYSIS Go to Source Powered by WPeMatico
South Korea is one of the places where cryptocurrency is booming. Even so, there are still a few risks associated with the people providing access to this new form of money. Users of the CoinNest exchange should be quite concerned right now, as the company’s CEO was arrested on suspicion of embezzlement and fraud. CoinNest CEO Runs … Read more
Billionaire octogenarian George Soros is reportedly taking an interest in cryptocurrency trading. If true, the move would be a remarkable turnaround for the business magnate, who’s previously been scathing of bitcoin, calling it a bubble and a tool of dictators. Also read: George Soros: Bitcoin is Propped Up by Dictators Soros Eyes an Entry into … Read more
The Reserve Bank of India (RBI), the nation’s central bank, has directed all regulated entities including banks not to provide services to businesses dealing in cryptocurrencies such as bitcoin. RBI is doing so to protect consumer interest and to slow money laundering, the bank’s press release stressed. RBI also announced formation of an official study … Read more
Ever since Bitmain unveiled its CryptoNight ASIC miner, there has been a growing effort to make this hardware impossible to use. Known as the Fairmining initiative, more and more currencies are deliberately changing their algorithms to prevent Bitmain’s ASIC from making much of an impact. Sumokoin is the latest currency to make the much-needed switch in this … Read more
Monex’s Matsumoto reveals big plans for Coincheck at press conference. #NEWS Go to Source Powered by WPeMatico