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Fido Gears up to Trade Crypto
If you were looking for a sign that crypto was going mainstream, this is probably it. Bloomberg: Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and sell the world’s most popular digital asset for institutional customers within a few weeks, according to a person familiar with the matter. The Boston-based firm, one of
Bitfinex Launches $1B Token Sale
Hong Kong-based crypto exchange Bitfinex is looking to raise $1 billion in an IEO, writes The Block: Crypto exchange Bitfinex will conduct an initial exchange offering (IEO), aiming to raise $1 billion, according to details from an upcoming white paper reviewed by The Block. The final version of the white paper is still under review. Bitfinex’s exchange tokens, dubbed LEO,
JP Morgan, Microsoft Team up to Boost Adoption of Blockchain
Two of the world’s largest corporations have joined forces on blockchain. In a statement released Thursday, J.P. Morgan and Microsoft announced that they are forming a strategic partnership to “accelerate the adoption of enterprise blockchain.” The partnership basically makes J.P. Morgan’s enterprise version of Ethereum, Quorum, as the first distributed ledger platform available through Microsoft’s Azure Blockchain Service, allowing their
NexChange Interview Series: Brad Yasar, Founder of Beyond Enterprizes
In this installment of the NexChange Interview Series, Olga Yaroshevsky talks to Brad Yasar, Founder and CEO of Beyond Enterprizes, about the Blockchain Investors Consortium, the biggest challenges of an investor, real-world blockchain business applications, and more. Check it out:
Amazon’s Blockchain Service Is Now Open to the Public
A year after it dismissed using blockchain technology, Amazon is rolling out its very own blockchain service. According to a press release, Amazon Web Services has officially opened Amazon Managed Blockchain to the general public. The fully-managed service – which “makes it easy to create and manage scalable blockchain networks” – is immediately available in U.S. East and will expand
Farewell to Bart Chilton, Regulator For the People
Commissioner Bart Chilton left us this past Saturday. This larger than life figure brought passion to everything he did, from standing up for minority investors and their hopes and dreams to supporting his family and friends. The Bart Chilton style was all substance and his impact on people’s lives is a legacy that will endure for decades to come. The
China to Build a ‘Blockchain City’ … in Malaysia
The Chinese government is reportedly aiding the construction of a “blockchain city” in Malaysia, smack-bang on one of Asia’s most important shipping lanes. Here’s Coin Telegraph: Construction and engineering company China Wuyi and investment network SWT International Sdn Bhd have jointly launched the Chinese government-backed project aimed at the development of the city of Malacca into a blockchain city called
Samsung Invests $2.9M In Draper-Backed Cryptocurrency Storage Startup Ledger
Korea’s largest global technology company, Samsung Electronics Co Ltd (OTCMKTS:SSNLF), has made a $2.9 million investment in cryptocurrency hardware company Ledger, according to a report by French magazine Capital. The funding reportedly values Ledger at $290 million. Ledger is known for its hardware storage wallets, including the popular Ledger Nano S. Read more at Benzinga. Photo: Jamie McCall
Blockchain Spending In APEJ Expected To Hit $2.4 Billion By 2022
American market research firm International Data Corporation (IDC) recently published a new report that forecasts blockchain spending to hit $523.8 million in the region (excluding Japan) for 2019. With growth expected to continue year-over-year, total blockchain spending in the region is expected to hit $2.4 billion by 2022. jaydeep_ / Pixabay Blockchain experts involved in projects ranging from infrastructures, decentralised
Bitcoin Vs. Gold: Which Is A Better Store Of Value?
Ever since bitcoin’s creation, numerous parallels have been drawn between this new currency and gold. Gold supporters often reject bitcoin citing that the cryptocurrency is too volatile and not trustworthy enough to ever become a store of value. Bitcoin supporters, on the other hand, make the point that bitcoin is fundamentally no different from gold, and that it improves on