Overstock.com Inc.’s blockchain subsidiary, Medici Ventures, made a $6 million Series A investment in Minds, an open-source, blockchain-based crypto social network. Under the partnership, Overstock founder and CEO Patrick M.
Ripple and it’s native coin (XRP), this year has been on track with regards to becoming a global powerhouse when it comes to financial technology and cryptocurrency.
Minds, Inc., a crypto social network, has raised US$6 million in a Series A investment from Medici Ventures, the wholly-owned blockchain subsidiary of Overstock.com. Overstock.com’s founder and CEO Patrick Byrne has joined Minds’ board of directors.
Coinbase will reportedly list a stablecoin initially backed by one of its closest competitors after joining the consortium behind the USD-pegged cryptocurrency. Coinbase Joins CENTRE Consortium, Will List USD Coin San Francisco-based cryptocurrency exchange Coinbase recently listed decentralized exchange protocol utility token 0x (ZRX) to the list of cryptocurrencies it offers to consumers for trading.
First hinting at his project in a reply to a BitPay tweet on August 2017, Nicolas Dorier boldly claimed that BTCPay would make one of crypto’s most popular payment processors obsolete. In an r/Bitcoin post two months later, he clarified that his brainchild isn’t meant to “take the place of BitPay.” Rather, BTCPay is poised as a new and improved alternative, a decentralized stand-in for merchants who wanted an easier way to accept bitcoin. A year later, the project has grown larger than Dorier anticipated.
“Eat at Betty’s” is the word in Nyeri, Kenya, as not only can you pay in crypto, but you can hang around for a tutorial afterwards. At the foot of Mount Kenya about 150km (90 miles) outside the capital, Nairobi, Betty’s place cooks a fantastic barbeque, known to locals as “nyama choma” and if your … The post Crypto Lessons and Roast Goat in This Kenyan Restaurant, All Paid in Bitcoin appeared first on BitcoinNews.com.
Users of controversial digital asset trading platform, World Exchange Services (WEX), continue to cite complaints about its questionable operations. The exchange’s users have now filed at least 35 police reports as it has now been over three months since their funds have been held by WEX.
Changelly, a leading cryptocurrency exchange platform, announced today that they would be opening USD and EUR markets for the third biggest cryptocurrency in the market, XRP. According to the official website, investors can buy the cryptocurrency with their MasterCard/ Visa, credit card/debit card.
Whereas right now, the prices aren’t exactly great it doesn’t necessarily mean that the market won’t rally soon. A fund manager believes that a rally could see 10x growth could happen in two years if the right conditions are properly met.
The latest theory suggests that Tether is staging an exit from the stablecoin market while withdrawing the USDT tokens at a profit. The post Tether Treasury Is Getting Loaded With a Huge USDT Supply Coming from Bitfinex appeared first on CoinSpeaker.
The price of Bitcoin [BTC] has been moving sideways since the past two months after its drop on September 6. It has been contained within the $6,200 and the $6,600 marks, representing one of the most extended periods of non-volatility in the history of the cryptocurrency.
Bitcoin at $6,382 continued to trend sideways on a low volume and low volatility Tuesday. The BTC/USD is trading between 6450-fiat and 6360-fiat, offering enough space to make decent intrarange profits for day traders.
Cryptocurrency loans service Nexo has confirmed it is adding support for bitcoin cash (BCH). The Switzerland-based lending platform offers crypto-fiat loans from upwards of $1,000, with no credit checks required as collateral.
Jeremy Allaire, the CEO of the Goldman Sachs-backed cryptocurrency startup, Circle, spoke about the importance of global cryptocurrency industry regulations during a recent interview in London. This sentiment has been echoed by many industry experts and leaders, who all believe that global regulation will be the next evolutionary step for the cryptocurrency markets.
The U.S. Securities and Exchange Commissioner Elad Roisman, who took office in September, met with representatives from VanEck, the Chicago Board Options Exchange (Cboe) and SolidX to discuss their Bitcoin exchange-traded fund (ETF) proposal which is currently pending.
The U.S. SEC has published a memorandum from a meeting regarding the Bitcoin ETF proposal from VanEck and SolidX
A surprise announcement today, as Coinbase and Circle team up, launching USDC stablecoin on Coinbase Consumer, and launch a joint venture to support the development and adoption of stablecoins for the cryptoasset industry.
Stellar is continuously making gains even in the red market. Meanwhile, the adoption of the Stellar network is also on the rise with names like [...] The post Stellar (XLM) on a Winning Streak while Accelerating Real-World Adoption appeared first on Coingape.
A top-level executive from the Bank of Japan (BOJ) revealed that the country’s central bank doesn’t plan to issue a digital currency. The BOJ justifies this decision by identifying major obstacles which prevent their further widespread adoption.
Denmark’s largest bank, Danske Bank, became part of blockchain-based trade finance network Marco Polo, which was initiated by New York-based firm R3.
