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This week, CCN reported that Yale, the prestigious Connecticut-based academic institution, has invested in a $ 400 million crypto fund operated by veterans in the digital asset and finance space. Coinbase Inc. co-founder Fred Ehrsam, former Sequoia Capital partner Matt Huang, and billion dollar crypto hedge fund Pantera Capital ex-employee Charles Noyes reportedly launched a new
The post Will Yale’s Investment in Crypto Lead to More Institutional Investors? appeared first on CCN
The post Two Nobel Prize winners in economics to lead economics advisory board of Cryptic Labs appeared first on CoinReport.
The ongoing traditional financial institution talent exodus continues, as the managing director of the cryptocurrency project at Barclays (BCS), the British multinational investment bank and financial services company, has reportedly left the firm. According to a recent report by Bloomberg that cites an insider familiar with the matter, Chris Tyrer has left the bank after starting exploratory […]
SludgeFeed
The hack of Japan-licensed cryptocurrency exchange Zaif took the crypto community by surprise last week. It’s recently emerged that the perpetrators of the crime are trading the stolen wealth on Binance and other exchanges.
The event couldn’t pass unnoticed, especially because the exchange had reportedly warned about its vulnerabilities in advance following the Japanese financial authorities’ (the FSA) verifications.
Blockchain reduces paper processes, speeds up transaction times, increases efficiencies and builds trust among participants to a transaction, according to Sept. 23 IBM report on how distributed ledger technology (DLT) can improve how the federal government does business. The report was authored by Thomas Hardjono, director of the MIT Trust: Data Consortium. It’s titled “The Impact of Blockchain for Government: Insights on Identity, Payments, and Supply Chain.”
Hardjono explores several areas where blockchain can benefit government agencies and how regulators and policymakers can lead the way to mass adoption of the tech that drives economic vitality.
It hasn’t been the best month for cryptocurrencies, with the market shedding as much as $ 50 billion in the first two weeks of September alone. For some like Ethereum, the month has been outright brutal, with the most valuable altcoin registering its lowest price of the year at just over $ 170. However, the trend is slowly reversing and the market is seeing consistent green, with most cryptos regaining much of the value lost in the past two weeks. Ethereum has been among the biggest gainers, registering a 10 percent gain in the past two days to trade at $ 223 at press time. Bitcoin has held steady over $ 6,500 over the past two days for the first time in the past week, with other altcoins such as Tezos, EOS, NEM and Monero also registering notable gains to take the total market capitalization above $ 200 billion.
Ripple (XRP) is probably the most bullish looking coin right now. This is because Ripple (XRP) has already complete an almost 92% correction since its fall from $ 3.31 in January this year. In addition to that, as the above weekly chart for XRP/USD shows, Ripple (XRP) has just completed a giant bullish gartley pattern that extends all the way to 2017. This means that Ripple (XRP) can now be expected to begin a new trend at this point and possibly enter another bullish gartley formation.
Continue reading Ripple (XRP) All Set To Lead Altcoin Rally By October at Crypto Daily™.
Cardano. A top ten cryptocurrency project, backed by the brains of Ethereum but set up with a vision for the future. Cryptocurrency isn’t going to exist in this state forever, as the technology grows, so will each individual project. As it stands, Cardano promises an awful lot for the future and many now believe that Cardano is set to lead the charge for the next generation of cryptocurrencies, the time when cryptocurrencies and their projects migrate into a new purpose, with new uses, new values and a part of a more adaptive community.
The SEC has disapproved 10 Bitcoin exchange-traded funds (ETFs) in the past month but analysts believe Bakkt can assist the launch of the first bitcoin ETF. Bakkt’s Efforts in Finding Trusted Price Formation Last month, the SEC officially rejected the Winklevoss Bitcoin ETF filed with the Bats BZX Exchange with a 92-paged document which explicitly
The post How the Efforts of Bakkt Could Lead to the Approval of the First Bitcoin ETF appeared first on CCN
The post Imperial College London, eToro study: digital currencies could lead payments within 10 yrs. appeared first on CoinReport.
Monero team member Riccardo Spagni reaffirmed his belief that a so-called ‘layer two’ scaling solution is needed for Bitcoin — stating it is “necessary” for capacity improvements and “maximal privacy.”
Spagni’s comment appeared on Twitter in response to fresh assertions from Bitcoin Cash (BCH) proponent Roger Ver that Bitcoin (BTC) users should “move on” to alternative, on-chain scaling options. Wrote Ver:
If you think BTC with its full block, high fee policy will be able to maintain market share, you are mistaken. It won’t, and it is time to move on to other things.
The post Global Blockchain to lead digital wallet creation for Playboy Enterprises appeared first on CoinReport.
The blockchain lead at Mizuho Financial Group has revealed he is leaving the firm for a new role in Singapore.
CoinDesk
Singapore’s leading cryptocurrency based crowdfunding platform FundYourselfNow(FYN) is taking a step further and helping the promising Blockchain Projects in raising funds, through FYN’s Funding Arm – J Capital, which recently invested $ 700,000 USD in Codex Protocol this year.
Founded in 2017, J Capital is an investment firm which primarily focuses on ventures, tokens and projects that are based on blockchain & digital currencies. J Capital aims to catalyse the future and bring about widespread blockchain adoption to improve the lives of millions around the globe.
There’s a lot of talk about cryptocurrency tokens’ status in the financial world. Are they utility tokens? Are they securities? Or are they something else entirely?
Despite a brief lull in Initial Coin Offerings over the last few months’ bear market, the token economy in the cryptocurrency space is almost back in full swing. With that bullish momentum, of course, comes discussions over the regulatory status of tokens — and since not all tokens are created equal, the conversation can get quite complicated.
The Distributed Markets conference took place in Chicago on April 23, 2018, and featured an array of blockchain and financial experts working to shed light on opportunities and changes happening in the cryptocurrency space.
Among the main goals of the conference was to educate attendees on how they could integrate blockchain technology into their businesses, thereby increasing cost-effectiveness and overall efficiency. A Blockchain Academy workshop and a hackathon were also available to give developers and entrepreneurs a chance to study blockchain macro cases and showcase their skills.
Coinbase’s new VC arm raises thorny questions about the influence the startup wields across the crypto market and potential conflicts of interest.
CoinDesk
A security expert says that rising cryptocurrency prices can lead to a surge in cryptojacking of people’s smart homes.
If there’s one thing that movies have educated us on, it’s that there’s always some form of unintended consequences when it comes to new technology. Usually this comes in the form of horrific doom as mankind is wiped out by killer robots or some terrible plague. Yet there are some unforeseen events that can occur as people begin to accept and embrace something that appears initially mundane, such as smart appliances in one’s home. One interesting possibility with some slightly sinister overtones is that a person’s smart home could be attacked via cryptojacking due to the exploding price in Bitcoin and other cryptocurrencies.
