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Coinbase, Pantera Capital Participate in $2.4M Seed Round of DeFi Startup
Decentralized finance startup InstaDApp has secured $2.4 million in a seed round from an array of strategic investors, including Coinbase Ventures and Pantera Capital.
Swiss Regulator Fears Crypto's Dark Corners, Libra Not So Much
Mark Branson, head of Swiss financial supervisor FINMA, said that he is more concerned with the dark corners of cryptocurrency than he is with Facebook's stablecoin Libra.
Blockchain Firm Helps Congo Mine to Fight Against Blood Diamonds
Berlin-based blockchain company, RCS Global delivers mine-to-market technology solutions to help fight against conflict minerals in the Democratic Republic of Congo.
State-Backed German Bank Says Bitcoin Will Leap to $90,000 in 2020
The German bank BayernLB has published a report on Bitcoin vs gold in which it predicts a big leap for BTC in 2020.Bitcoin outshining gold?On Oct. 1 the Munich-based bank BayernLB published its latest research report that seems to suggest that the forthcoming Bitcoin halving effect hasn't yet been priced into its current price of around $8,300.
Japanese financial services giant Monex Group forms Security Token Offering Association
Financial services giant Monex Group announced the establishment of a Japanese Security Token Offering Association alongside five other major securities companies in the country.
BlackRock, Goldman Sachs Veteran Joins Blockchain as General Counsel
BlackRock and Goldman Sachs veteran Howard Surloff has joined major crypto wallet provider Blockchain.com as general counsel.
Swiss Regulator FINMA Won't Impede Libra's Development
As European watchdogs send troubling signals towards the Facebook-led Libra cryptocurrency, Switzerland remains willing to listen.
Mt Gox Trustee Asked DOJ to Share Info on Jailed BTC-e Owner Alexander Vinnik
The trustee recovering funds on behalf of Mt Gox's creditors has contacted the U.S. Department of Justice seeking information about Alexander Vinnik, who prosecutors allege played a role in laundering stolen funds from the bankrupt exchange.
Blockchain Startup Tracks Property Liens in Energy-Efficient Loan Market
Blockchain company Spring Labs will be developing a national property lien registry for four financing providers in the United States.
KIK Closes Messenger and Lays off Staff to Continue SEC Lawsuit Fight
Kik ran an Initial Coin Offering in Sept 2017, raising almost $100 million for its subsidiary Kin by offering Kin tokens as a cryptocurrency.
European Commission Exec Questions Facebook's Libra Stablecoin
Executive Vice President-Designate of the European Commission, Margrethe Vestager, has questioned the motives behind Facebook's forthcoming Libra stablecoin.
Sia Reaches $225K SEC Settlement Over $120K Unregistered Token Sale
Boston-based Nebulous, makers of the Sia network for decentralized data storage, has settled with the U.S. Securities and Exchange Commission over an unregistered securities offering and conversion scheme.
Leak of Facebook's Internal Q&A Sessions Reveal Early Strategy for Libra
Newly leaked audio from Q&A sessions between Facebook's CEO and employees has revealed Facebook's early strategy for Libra's launch.
Crypto Token HBAR Is Tanking and Hedera Hashgraph Is Looking for a Fix
In a little over two weeks, Hedera Hashgraph's HBAR cryptocurrency has dipped from a high of $0.36 cents to around $0.03 as of press time.
South Korean Court Issues Landmark Decision on Crypto Exchange Hacking
A Korean crypto exchange, Coinone, has been ordered to pay compensation for losses resulting from a hack of a customer account.
Crypto Investors KR1 Thank Cosmos Network for $5.6M Profit in H1 2019
European digital asset investment firm KR1 posted a $5.6 million profit for the half year ending on June 30, 2019, mainly due to the launch of Cosmos network.
Bitcoin on the cusp of surging to $9,800 or dropping to $6,500
Bitcoin is currently trying to gain the 50 percent Fibonacci retracement level as support.
Former Employees of JP Morgan, Intel and TrustToken Launch Stablecoin
The Global Currency Organization is launching a new U.S. dollar-backed stablecoin, dubbed the USD Digital.
Top-20 Coins Report Mild Gains and Losses, BTC Moves Steadily Further From $8,000
The top-20 coins chart on Coin360 is showing mixed signals today, with modest gains and losses.
Fintech Startup Rapyd Raises $100M for Cloud-Based Payment Platform
Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT. Per an Oct. 1 press release, Rapyd secured $100 million from investors such as Oak HC/FT, investment companies Tiger Global, Coatue, venture capital firms General Catalyst, Target Global, and Entrée Capital, and online payments processor Stripe.
JPMorgan, Intel Alums Launch Revenue-Sharing Stablecoin USDD
Former employees of JPMorgan, Intel and TrustToken have unveiled a dollar-backed stablecoin with a twist: revenue sharing for the institutions that use it.
InstaDApp DeFi Site Raises $2.4 Million From Prominent Crypto Investors
India-based InstaDApp announced Tuesday that it raised $2.4 million to build out its smart wallet.
Ethereum-Compatible Skale Network Raises $17.1M for Mainnet Launch
The Skale Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch.
Ethereum Scaling Project SKALE Raises $17.1 Million for Mainnet Launch
SKALE Network, a blockchain scalability platform, has raised $17.1 million to launch its mainnet.
Facebook Will Create 'Shadow Banking' System, Major U.S. Banks Warn
Facebook's crypto project Libra will potentially create a "Shadow banking" system, according to the banks at the Federal Advisory Council.
Shipping Startup 300cubits Suspends Its Blockchain Operations
Blockchain shipping startup 300cubits suspended the operations of its booking module and the circulation of its TEU token.
Global Wash Trading on Crypto Markets Down by Over 35%, BTI Reports
Global wash trading on cryptocurrency markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute.
Stripe-Backed Payments Firm Raises $100 Million to Compete Against Stablecoins
Stripe-backed digital payments platform Rapyd raised $100 million in a Series C funding round to face off against the arrival of stablecoins.
Leaked Tax Filing: CEO of Under Fire Brazilian Firm Owns 25,000 Bitcoin
The CEO of Brazilian cryptocurrency firm Grupo Bitcoin Banco has claimed 25,000 Bitcoins - a staggering $209 million as of press time - on a tax filing, while also saying his firm is unable to pay out customer funds as the result of a hack.
Russian Nuclear Scientist Gets $7,000 Fine for Mining Bitcoin at Work
One of three scientists caught illegally bitcoin mining at a Russian nuclear lab has been fined 450,000 rubles, or $7,000.
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