Search Results for: Digital Asset
Multinational financial services firm to join the IC3 initiative for CryptoCurrencies & Contracts
April 13th, 2017
Fidelity Labs, the R&D and Innovation unit of Fidelity Investments, is the first in the financial services industry to join faculty members at Cornell University, Cornell Tech, UC Berkeley, University of Illinois at Urbana–Champaign, and the Technion, along with ...
Several cryptocurrencies have experienced a significant surge in overall value
April 3rd, 2017
Ripple Price Surge Continues, Altcoin Takes Advantage Of Bitcoin Scaling Troubles While the debate continues within the Bitcoin community, several altcoins have experienced a significant surge in overall value. Cryptocurrencies such as Dash and Ethereum have conquered new levels ...
Cryptocurrency exchange platform raised millions to grow its platform
March 31st, 2017
ShapeShift, a cryptocurrency exchange platform that converts between blockchain-based tokens, has raised $10.4 million in a series A round led by Earlybird Venture Capital, with participation from Lakestar, FundersClub, Blockchain Capital, Pantera Capital, and Access Venture Partners. Founded out ...
Tax Coalition formed to help developed effective tax policies for the virtual currency markets
March 10th, 2017
The Chamber of Digital Commerce and Steptoe & Johnson LLP today announce the formation of the Digital Assets Tax Policy Coalition, a Washington, DC-based coalition created to help develop effective and efficient tax policies for the growing virtual currency ...
Bitcoin’s Top Rival Is Up 90% and Ready to Ditch Mining
March 4th, 2017
Ethereum’s developers set course for mining-free model Blockchain seen as potential backbone for business, finance Marco Streng’s computer servers are what make Ethereum tick. Thousands strong, they whir day and night, solving the complex math riddles that are essential ...
Crypto exchange Kraken acquires trading platform Cryptowatch
March 2nd, 2017
Kraken has issued a press release to announce the acquisition of the popular charting and trading platform Cryptowatch (https://cryptowat.ch) – used by thousands of traders to chart over 150 markets in real-time and trade up to 22 digital assets through ...
Bitfinex’s ‘Hack Credit’ Token Reaches All-Time Price High
February 2nd, 2017
Investors who lost bitcoin in Bitfinex’s high-profile August hack may be feeling more optimistic about the likelihood of recovering their funds. The price of BFX tokens – the digital assets the exchange issued as a way to provide a ‘notional credit’ to users who ...
Credit China FinTech Enters into US$30 Million Deal with Bitfury Group
January 26th, 2017
The board of directors (the “Board”) of Credit China Fintech Holdings Limited (“Credit China Fintech” or the “Company”, stock code: 8207) and its subsidiaries (the “Group”) announced today that it has entered into a US$30 million deal with BitFury ...
Harvard Business Review: Blockchain Is Foundational, Not Disruptive
January 25th, 2017
True blockchain-led transformation is still many years away, according to an article, “The Truth About Blockchain” in the Harvard Business Review, because it does not deliver a truly “disruptive” business model which can attack an existing model with a lower ...
Bitcoin Extends Loss After China’s Central Bank Warns Investors
January 9th, 2017
PBOC officials tell bitcoin platform to rectify issues Bitcoin surged 120% in 2016 as yuan depreciation quickened Bitcoin extended Friday’s tumble amid concern China will tighten rules on the digital currency to curb capital outflows. The cryptocurrency slid 1.2 ...
