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Two School Principals in China Were Busted For Mining Ethereum at Work
FinTech, Blockchain
There's a lot of rules you could be caught breaking at school that will get you into trouble: Passing notes in class, sleeping during class, fighting, cheating on a test, smoking a cigarette in the bathroom, etc. But mining cryptocurrency on a middle school campus has got to be the most 2018 version of breaking school rules that could happen.
Nippon Wealth, Shinsei Bank Team up With Blockchain Startup ConsenSys
Nippon Wealth is looking to “bring innovation to the fintech space,” and apparently, it brought in some big guns to help it. According to a press release, the Hong Kong-based wealth manager has made an alliance with Japanese finance giant Shinsei Bank, Singaporean private equity firm Tribay Capital, and Brooklyn-headquartered blockchain startup ConsenSys. Through it, Nippon Wealth aims to “explore
21 Places to Learn How Cryptocurrency Works (And How to Invest in It!)
Blockchain
It doesn’t matter if you are a beginner investor or one with advanced knowledge of crypto, you should always strive to learn more. ICOholder has published an infographic listing the sources of that knowledge. How Cryptocurrency Works Here’s a rundown of some of our favorites: Invest Like the Best is a podcast by Patrick O’Shaughnessy about investing. There is a
Winklevoss Twins Sue Former CEO of BitInstant Over Alleged Bitcoin Theft
FinTech, Blockchain
Tyler and Cameron Winklevoss have sued Charles Shrem, the former chief executive of BitInstant, claiming that he used part of their 2012 investment to enrich himself, as the New York Times reports. The Winklevoss twins made a $750,000 investment in BitInstant in 2012 - the company was "one of the first prominent Bitcoin businesses in the United States," the Times
The Future of Cryptocurrency: A Chat With Elixxir CEO David Chaum
In the 10 years since "Satoshi Nakamoto" developed bitcoin and created the first blockchain database, companies like Elixxir have further revolutionized and specialized the digital currency's capabilities. With a focus on speed and security, Elixxir has enabled the processing of hundreds of thousands of transactions each second through the convenience of a smartphone app. The Founder CEO and founder, David
SoftBank Has a New Fund That's Investing in AI-Focused Startups
Having already poured a windfall of cash into tech companies via its $100-billion Vision Fund, SoftBank has now opened the coffers on a new AI-focused fund and made its first investment in a startup outside of Japan, as Business Insider reports. SoftBank's $52-million Deepcore Fund contributed to a $29.5 million fundraising round for the San Francisco-based startup Engineer.ai, which allows
Blockchain Initiative Is Going Mainstream but Half of Companies Are Struggling
Blockchain
Bitcoin introduced the world to blockchain, the technology that underpins the cryptocurrency, which has the potential to dramatically improve the speed and security of networks around the globe. MichaelWuensch / Pixabay And even though bitcoin has struggled to take off in the way many of the cryptocurrency’s most prominent supporters might have hoped, blockchain still has plenty of potential. Q3
Hedge Funds Go All-In on Cryptocurrencies
With roughly two months left in the year - and an eleventh hour rally highly unlikely - it's probably safe to write off 2018 as a terrible year for cryptocurrencies. After soaring to record highs in 2017, the crypto market's losses this year are now reportedly worse than the dot-com crash, with Bloomberg even comparing Bitcoin's struggles to one of
Chart: 11 of the Biggest ICO ROIs of 2018
While 2018 has not exactly been a stellar year for cryptocurrencies - especially when compared to the record-setting highs of 2017 - there are still opportunities to be had in the digital coin space. Buy low, sell high isn't just smart advice for traditional finance, after all. With that in mind, here are the 11 biggest return on investments from
Pro Tip: Don't Falsely Claim Your Custodian is 'SEC-Qualified' For Crypto Transactions
When you consider the biggest no-no's that you could do as a financial services company trying to promote your product or service, you'd have to think that falsely making claims of endorsement from the Securities and Exchange Commission has got to be pretty high up there. This is especially true when you're promoting anything having to do with cryptocurrencies. Such