Jonathan Nieh

UN Sends Aid to Thousands of Syrian Refugees Using Ethereum’s Blockchain

  As reported by Coindesk a little over a month ago, the United Nations World Food Program (WFP) launched an innovative test program to deliver aid to impoverished areas in the middle east using blockchain technology based on Ethereum. The pilot program was declared a… Read More

Operating System for Wealth Managers Addepar Raises $140 Million

Last week it was announced that fintech wealth management platform Addepar had raised $140 million in its Series D round of funding. The funding round was led by Valor Equity Partners, 8VC and investment manager Harald McPike. Operating System for Wealth Managers Based in Mountain… Read More

Charlotte Fintech Firm AvidXchange Announces Partnership with Mastercard and Capital Raise of $300M

Charlotte-based fintech firm AvidXchange, which provides accounts payable and automated payment solutions to midsize businesses, announced a strategic partnership with Mastercard along with a separate capital raise of $300 million. Both the strategic partnership with Mastercard and the capital raise of $300 million will go towards the… Read More

Singapore Tokenizes Their Currency Through Ethereum’s Blockchain

According to a recent article on Trustnodes, the Monetary Authority of Singapore, Singapore’s central bank, has successfully digitized their national currency by a creating a token out of the Singapore dollar on Ethereum’s blockchain technology. Phase 1 Complete Last November, MAS announced Project Ubin: a… Read More

Senior Chinese Official Says Bitcoin and Ethereum are of National Interest

Yao Qian, the Deputy Director of the Science and Technology Department at the People’s Bank of China, China’s central bank, recently authored an extensive report on digital currencies. In the report, Yao Qian highlights many of the advantages and disadvantages of digital currencies, focusing much… Read More

Australian P2P Lender Credit Crowd Joins Blockchain Lending Platform Othera

It was announced recently that Australia-based P2P lender, Credit Crowd, has joined Othera’s Blockchain Lending Platform and Digital Asset Trading Exchange. By joining Othera’s platform, Credit Crowd is seeking to evolve its P2P lending market by digitizing the trading of P2P loans on the block chain. P2P… Read More

Japan’s Bitcoin Frenzy Affecting Small Cap Market

According to an article published on Bloomberg, the increased frenzy over bitcoin in Japan is causing some spill-over effects on some of the country’s small-cap stock market companies. The companies being affected are all related to bitcoin in some way and, as the article speculates,… Read More

Bitcoin Exchanges in China Resume Withdrawals After Months-long Freeze

Last week, it was reported that the 3 largest bitcoin exchanges in China finally ended a four-month freeze on withdrawals. BTC China, OKCoin, and Huobi all began prohibiting withdrawals from their exchanges almost four months ago amidst growing scrutiny from the Chinese government. In February,… Read More

Brave Browser’s ICO Raises $36 Million in 30 Seconds

Earlier this week, Brave Browser, a software company seeking to revolutionize online advertising, held an initial coin offering (ICO) for its Ethereum-based token the Basic Attention Token (BAT). According to multiple sources online, the ICO raised over $36 million in about 30 seconds making it… Read More

Ontario Fintech Firm Wave Raises US $24 Million in Series D

This week, Canadian fintech company Wave, which is based out of Toronto, Ontario, announced it had closed on $32 million CAD (about US $24 million) of funding for its Series D round. The funding was led by investments from the Royal Bank of Canada (RBC) and National… Read More

Ethereum Continues Trend of Surpassing Bitcoin

According to a recent article published to Trustnodes, Ethereum now has 3 times as many nodes as Bitcoin. This revelation follows recent news of Ethereum quickly catching up to Bitcoin in total transaction volume which could signal Ethereum someday surpassing Bitcoin as the world’s number… Read More

Fintech Firm Alfa Financial Raises $1.2 Billion in IPO, UK’s Largest of 2017

On Friday of last week, London-based fintech firm Alfa Financial Software’s shares began being publically traded on the London Stock Exchange. Shares opened at 325 pence, giving the company an initial valuation of about 975 million pounds or US $1.2 billion, making it the UK’s… Read More

Malaysia Fintech Firm Soft Space Raises US $5 Million From Japan’s Transcosmos

Malaysia Fintech firm Soft Space, which offers mobile payment solutions, announced it has secured US $5 million in funding from Japanese e-commerce company Transcosmos Inc. Mobile POS and E-Commerce Soft Space offers mobile point-of-sale services for small and large merchants in Malaysia and other parts of Southeast Asia…. Read More

Global Messaging App Kik Set to Launch Its Own Cryptocoin

Instant messaging app Kik is currently developing its own cryptocurrency which it will soon offer for sale to the public, according to an article on CoinDesk. WeChat of the West Dubbed the “WeChat of the West”, Kik was founded in 2009 by a group of… Read More

SE Asia Blockchain Mobile Payments Platform Coins Raises $5 Million from Naspers

Coins, a Philippines-based blockchain mobile payments platform that services Southeast Asia, announced it had secured US $5 million in funding from Naspers, according to an article on Techcrunch. Naspers, which is based in South Africa, is one of the world’s largest investors in tech. The… Read More

Will Banks Soon Be Offering Cryptocurrency Services?

More and more banks might soon be adopting cryptocurrencies into the services they offer, according to an article published on CoinDesk this week. A Controversial Technology Cryptocurrencies, like Bitcoin and Ether, have been a contentious topic lately. Because of the relative lack of regulations covering cryptocurrencies, many… Read More

R3 Secures World’s Largest Distributed Ledger Investment with $107 Million

R3, the head of the world’s largest consortium of financial institutions collaborating to build a platform and commercial applications for distributed ledger technologies, announced it had secured $107 million in funding as part of its Series A round. The figure is the largest investment in distributed… Read More

London-Based Robo-Advisor MortgageGym Closes £2M Seed Round

According to a company release, fintech startup MortgageGym secured £2 million in funding from its seed round. The company, which is licensed by the Financial Conduct Authority (FCA), plans to launch this summer and will connect customers seeking a home mortgage with brokers and banks. Customers can upload… Read More

Ethereum Enterprise Alliance Announces 86 New Members Including Toyota, Merck, and Deloitte

The Ethereum Enterprise Alliance (EEA) has announced the addition of over 86 new members to the group. The EEA is an alliance of fortune 500 companies, startups, academics, and technology vendors with a shared goal: to build and develop Ethereum with a clear roadmap for… Read More

Numeraire: A Hedge Fund Cryptocurrency Designed to Promote Collaboration

A year ago, Numerai premiered itself as a “new kind of hedge fund built by a network of data scientists.” Unlike a traditional fund that makes trades based on human decision, Numerai lets anonymous programmers write open source trading algorithms based on data provided by Numerai…. Read More

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