The Boston-based fintech company Circle, with 7 million users, closed a funding round for $110 million led by bitcoin miner and designer of ASIC chips, Bitmain, Bloomberg reports. … [Read more...] about Circle raises $110 million in a new investment round, plans to issue dollar-backed cryptocurrency USDC
Crypto news in brief (May 13, 2018): Telegram, Iran, Bloomberg, Winklevoss, UPbit, Ripple xRapid, Nvidia, Huawei
- Telegram creates its first blockchain platform service - Iranian citizens have transferred $2.5 billion in cryptocurrency - Bloomberg launches Bloomberg Galaxy Crypto Index (BGCI) - UPbit, the biggest South Korean exchange, is suspected of fraud - Ripple shares results of testing of its xRapid pilot projects … [Read more...] about Crypto news in brief (May 13, 2018): Telegram, Iran, Bloomberg, Winklevoss, UPbit, Ripple xRapid, Nvidia, Huawei
Ripple announces successful results of xRapid solution first tests
Several financial institutions participated in recent tests of xRapid platform by Ripple, a company behind blockchain solutions for payment transactions. … [Read more...] about Ripple announces successful results of xRapid solution first tests
Iranian citizens are turning to cryptocurrencies
Iranians are increasingly turning to bitcoin and other cryptocurrencies seeing how dramatically local currency rial is depreciating. … [Read more...] about Iranian citizens are turning to cryptocurrencies
Vitalik Buterin announces near-future implementation of ‘sharding’ to solve Ethereum scalability issue
Ethereum has rapidly become the most popular platform for ICOs and development of decentralized apps. The demand for higher transaction speed is rapidly increasing. The recent obsession with Cryptokitties revealed that during the peak loads the Ethereum network can clog up for a few days. Therefore, a solution for solving scalability issue of Ethereum blockchain is becoming … [Read more...] about Vitalik Buterin announces near-future implementation of ‘sharding’ to solve Ethereum scalability issue
Telegram cancels plans for public ICO
Telegram, a secure messaging service, which combines 200 million active users, has reportedly canceled its planned initial coin offering (ICO) for public investors. … [Read more...] about Telegram cancels plans for public ICO
Crypto news in brief (April 27, 2018): Bitcoin, Philippines, BBVA, Binance, IBM
- 17 million bitcoins have now been mined - The Philippine authorities will allow 10 companies to mine bitcoin, conduct ICOs and operate exchanges in a special economic zone - BBVA becomes the first global financial institution to issue loans using blockchain - Binance adds a new feature of converting 'crypto dust' into BNB - IBM introduces TrustChain, a blockchain … [Read more...] about Crypto news in brief (April 27, 2018): Bitcoin, Philippines, BBVA, Binance, IBM
Nasdaq considers to become crypto exchange in future, already supports Gemini
Nasdaq CEO Adena Friedman told CNBC that over time the exchange could become a platform for trading digital currencies. … [Read more...] about Nasdaq considers to become crypto exchange in future, already supports Gemini