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The Orion Span project has plans to launch a space station that will be used as a luxury hotel. Its Aurora space station is set to launch in early 2022 and a 12-night stay on the craft will set you back $ 9.5 million. The space hotel says it has sold out its first six months of reservations and the project is accepting cryptocurrencies that include bitcoin cash (BCH) for 12-night packages.
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Financial Industry Players Heading To Crypto Space
In a recent report published by Morgan Stanley, several institutional players from the worldwide finance industry are heading towards Bitcoin and the overall crypto market.
The banking giant, Morgan Stanley’s research team released a report showing the increase in institutional participation in the digital currency space. On Halloween this year, the banking firm released an update to the report called ‘Bitcoin Decrypted: A Brief Teach-In and Implications’.
In the report, the company highlights the trends over this past year for Bitcoin and the crypto market as a whole. However, Morgan Stanley said that despite the institutional investment is on a rise, the retail participation is stagnant.
The potential that blockchain has for gaming seems never-ending. The gaming world and blockchain, if they were to work together, could see endless possibilities. This is why so many crypto projects have entered the gaming space. This includes Ethereum which introduced their game CryptoKitties and seems to have got a popular fan base surrounding it too.
The first game on the TRON blockchain was recently introduced to thanks to BitGuild. BitGuild is focused on ownership of assets with an aim on gaming to let users own assets and have proof of scarcity thanks to the blockchain so that users can know the true value of assets and create a safe ecosystem for trading assets.
Ripple Labs is the company which founded the Ripple blockchain and is termed as one of the fastest blockchain for payment execution. The native token of Ripple Labs, XRP saw a big increase in price last year in 2017 and over the past month the price has fluctuated all over the shop. Ever since the jumping of price, one of the most important figures in the industry, the co-founder of Ripple Labs, Chris Larsen and the CEO Brad Garlinghouse have been in the limelight.
Angelina Kwan, former managing director and head of regulatory compliance for Hong Kong Exchange and Clearing, is taking on the position of COO of BitMEX, one of the largest cryptocurrency exchanges in the world, at a time when the challenges facing these exchanges are greater than ever.
In an interview with Bitcoin Magazine, Kwan told us:
“It is very exciting time for me to be joining the company. In the last three months, BitMEX broke the industry record for daily bitcoin trading volume twice and also launched two sophisticated financial products: ETH/USD perpetual swaps, and UPs and DOWNs (our first call and put options).”
On the latest episode of The Bitcoin Game, host Rob Mitchell explains the recent trip he took to the World Economic Forum. Based in Davos, Switzerland, this international conference featured a wide number of economic experts and panelists within the international financial industry.
Sitting on one such panel titled “The Crypto Asset Bubble,” Jennifer Zhu Scott, a founding partner at Radian, later came on this week’s episode of The Bitcoin Game to discuss the trajectory of the future cryptocurrency industry worldwide, as well as her opinions on the space in her home country of China.
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Cryptocurrency investment stalwart Pantera Capital has raised over $ 70 million for a new venture fund which could become its biggest yet if it raises its intended goal.
An Order Of Magnitude Larger
An SEC filing issued August 15 confirms 90 investors have contributed $ 71,500,000 to the new project, with partner Paul Veradittakit telling TechCrunch as much as $ 175 million could ultimately flow in.
According to Veradittakit, the figures are a “function of how fast the space is moving, the talent coming in, the opportunities, and the sizing of rounds.”
A new crypto cafe and coworking space, called Hash House, has been established in the city of Xi’an, China. It seems like a cool place to go whether you want to learn about the latest trends, develop your own project, or just grab a coffee for BCH.
Blockchain technology is here to stay, and it’s going to make the world a better place. At least, that’s the general consensus in the crypto community and slowly (but surely) the wider public as well. We might not know exactly how or when, but blockchain tech is on course to change all our lives.
With its ability to enable peer-to-peer trading of energy credits as well as crowdfunding projects, blockchain is already showing success in the solar energy space. Let’s take a look at the top three companies using blockchain in this sector.
Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time.
What makes Metronome interesting is that it promises its users cross-chain portability. It also purports to offer a consistent rate of inflation and “no undue influence from founders after launch.” These three promises — Metronome’s mantra of self-governance, reliability and portability — set lofty expectations for the new company; anyone acquainted with Bitcoin and blockchain technology is likely to watch and see if it can deliver.
Following reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings.
Publicly traded companies in Japan are increasingly seeking to enter the crypto space to offer various crypto-related services. News.Bitcoin.com recently reported that six public companies are planning to launch their own cryptocurrency exchanges including Money Forward, which operates one of Japan’s most popular personal finance apps. An additional three companies have also announced their plans to enter the space with different product offerings.
Fidelity Investments is reportedly taking steps to offer a variation on the cryptocurrency exchange theme. Without an official public announcement, enthusiasts have precious few concrete details on which to hang hope. However, combine the retail legacy asset management company’s long time bullish attitude on bitcoin with what has been revealed this week through internal documents, and the spectre of a whale entering the ecosystem appears to be promising.
LaserChain, a beautifully intricate and addictive strategy war game announced open beta May 30th. Combining proof of play with satisfying action and diverse gameplay mechanics, this team is exceeding expectations across the board. The mobile gaming industry hit 50 billion USD last year. By creating a capped coin, the in-game currency becomes a viable store of value. Using WAVES/DEX platform for token generation and trade, they created a hybrid model that utilizes the pros of a centralized gaming experience (fast bug fixes, no transfer fees for in-game coin use) while making use of the blockchain for trade, as token value will fluctuate with in-game demands.
Los Angeles-based event technology company Surkus Inc. has raised $ 10 million in Series B funding led by EOS Global, a $ 200 million venture fund formed earlier this year. The fund is designed to leverage the EOSIO blockchain to catalyse the transformation of the digital assets space. Surkus is the fund’s first investment.
A statement from EOS Global noted: “We fully believe in the mission of Surkus and our shared vision of the need for a scalable and global solution in the marketing/advertising space. We are excited for the EOS blockchain to support that growth ahead.”
Yahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year.
Yahoo! Enters the Crypto Space
Yahoo! Japan Corporation (TYO: 4689) announced on Friday that it is entering the cryptocurrency space. The company expects to launch an “easy-to-use exchange” for cryptocurrencies in the fall of this year, Nikkei elaborated.
FashionTV brings blockchain to the multi-billion dollar industry to give models a fair chance at making it big; affluent FTV Coin Deluxe holders will gain exclusive access to everything they’ve ever seen on FashionTV: parties, VIP events, fashion shows, yachts, and everything in between.
Vienna – March 2018 – FashionTV, the international fashion and lifestyle broadcasting station that has reached over 1 billion people around the globe, is announcing today its debut in the blockchain space to shake up the fashion industry. FashionTV’s decentralized platform will empower up-and-coming models with new ways of breaking into the trade and will eliminate the need for intermediaries, such as talent agencies, that currently hold much of the industry’s power. FashionTV’s new FTV Coin Deluxe will also give affluent individuals in the community exclusive access to extravagant goods and services that suit their luxurious lifestyle through its marketplace.
When ConsenSys, a Brooklyn, New York–based firm that builds decentralized applications and blockchain ecosystem tools on Ethereum, launched a $ 50 million venture arm, it turned to Kavita Gupta to run it. Working closely with Joe Lubin, the founder of ConsenSys and one of the early founders of Ethereum, Gupta began spearheading efforts to fund early stage Ethereum-based startups through ConsenSys’ rapidly growing network.
A native of India, Gupta received the UN Social Finance Innovator Award in 2015. She has done work at the World Bank, leading the organization’s youth innovation fund. Gupta also has vast experience in the investment world, with stints at high profile firms like McKinsey, HSBC and International Finance Corporation.