Tagged: bitcoin

May 25, 2017 @ 9:37 am By Jonathan Nieh  |  

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

May 24, 2017 @ 2:51 pm By Jonathan Nieh  |  

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

May 24, 2017 @ 10:17 am By Jonathan Nieh  |  

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

May 18, 2017 @ 1:20 pm By Jonathan Nieh  |  

According to an article published on Trustnodes today, Ethereum is now handling almost half the transaction volume of Bitcoin. That might not sound impressive but you have to consider the fact that Ethereum launched less than 2 years ago whereas Bitcoin is over 9 years old…. Read More

May 15, 2017 @ 11:17 am By Erin Hobey  |  

Payza, a global mobile payment platform, announced that it had become one of the first eWallet providers to treat Bitcoin like any fiat currency. Members can now hold their bitcoins directly in their Payza eWallets, no longer needing a separate Bitcoin Wallet to perform Bitcoin… Read More

May 13, 2017 @ 12:07 pm By Samantha Hurst  |  

FundYourselfNow, a global cryptocurrency crowdfunding platform, announced earlier this week it is set to launch in the first quarter of 2018. The funding portal revealed: “The year 2016 saw over $200 million worth of cryptocurrency investments raised though the ICO (Initial Coin Offering) process. But… Read More

May 10, 2017 @ 3:52 pm By Samantha Hurst  |  

Just a few months after securing $1.2 million in equity capital to continue global expansion of its SME lending, Bitbond announced it received a €5 million debt commitment from German commercial real estate firm, Obotritia Capital. As previously reported, Bitbond received a regulatory license by German… Read More

May 6, 2017 @ 6:15 pm By Jonathan Nieh  |  

Initial coin offerings (ICOs) have been making headlines lately. Just last week, news broke that Gnosis sold out of its offering in under 10 minutes raising over $12 million and putting its valuation at over $300 million. Yesterday, Cryptocoins News reported that since Gnosis’ ICO last week… Read More

May 3, 2017 @ 3:08 pm By Samantha Hurst  |  

Dash, an alternative to bitcoin company, announced on Wednesday it is now live on the Panamanian-based broker and wallet Coinapult. The collaboration will allow individuals and businesses to easily and instantly buy and sell the digital asset against 20 national currencies. According to Dash, Coinapult’s partnership… Read More

April 22, 2017 @ 12:29 pm By Xu Gao  |  

Xiaomi Opens Xiaomi Lending to Android Users On April 11, Xiaomi Corp., China’s leading mobile phone maker, launched the mobile application Xiaomi Lending in Android market, signaling a strong ambition to expand in the country’s booming Internet Finance sector. When Xiaomi Lending was first launched… Read More

April 8, 2017 @ 4:34 pm By Jonathan Nieh  |  

Only a few weeks since the SEC denied two separate bitcoin ETF applications, there may be some good news coming out of Japan for supporters of Bitcoin. On April 1, a new law went into effect in Japan allowing for the country’s first officially recognized… Read More

April 7, 2017 @ 9:00 am By Jonathan Nieh  |  

Three groups have been vying to become the first SEC-approved bitcoin ETF. A bitcoin ETF would essentially create a publically traded bitcoin index by creating a trust that is entirely funded by bitcoins. The trust would then issue shares which can be purchased by the public… Read More

April 6, 2017 @ 10:05 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has published its first study on digital currencies, its usage and the emerging ecosystem supporting the new type of currency. As the report explains, “the world of money and finance is transforming before our eyes.” The “Global Cryptocurrency… Read More

March 29, 2017 @ 8:22 am By Samantha Hurst  |  

ShapeShift AG, an instant exchange for Bitcoin digital currency and other blockchain assets, announced on Tuesday it secured $10.4 million Series A funding round, which was led by Berlin-based Earlybird with participants from Lakestar, Access Venture Partners, Pantera Capital, and Blockchain Capital. The company, which was founded… Read More

March 11, 2017 @ 3:24 pm By JD Alois  |  

The Bats BZX Exchange filed a proposed rule change to list and trade shares of the Winklevoss Bitcoin Trust. Yesterday, the SEC issued an order denying the request thus halting what could have been the first ETF designed to track Bitcoin. The news jarred the… Read More

March 6, 2017 @ 10:20 am By Amy Wan  |  

It seems that at least once a week nowadays, I get a call asking whether an initial coin offering (ICO) is regulated at all, and the question came to a head at a recent Legal Hackers LA discussion on smart contracts by Daniel Rice. The… Read More

March 1, 2017 @ 3:04 am By Jessica Pham  |  

Vietnam-based peer-to-peer bitcoin marketplace platform Remitano is continuing its global expansion into the English-speaking market. Remitano is already operating in the U.S., Australia, Malaysia, Nigeria, Vietnam, Cambodia, and China. Cryptocoins News reported that CEO and Co-Founder Dung Huynh who is also the company’s Lead Product… Read More

February 22, 2017 @ 9:56 am By Xu Gao  |  

Hong Kong Securities & Futures Commission Joins R3 Blockchain Consortium The Hong Kong Securities and Futures Commission (SFC) announced it had joined the R3 blockchain consortium. Through this partnership, SFC will test applications of blockchain on record and settlement of securities and futures trading with the… Read More

February 22, 2017 @ 8:28 am By JD Alois  |  

The Bank of Canada is out with a paper that reviews the advent of digital currencies, IE Bitcoin, and how it may impact the more traditional type of fiat currency. Drawing a comparison to back in the day when private bank notes circulated alongside government issued… Read More

February 15, 2017 @ 3:10 am By Jessica Pham  |  

The central bank in the Philippines laid down regulations last week for virtual currencies, including bitcoin. Bangko Sentral ng Pilipinas (BSP) was prompted by the surge in the number of money transfers across borders.  More specifically, the financial body is looking to mitigate risks, such as… Read More