Crypto News
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Coinbase Custody PartneCoinbase Custody Partner Paid $80,000 Fine for ‘Putting Customer Assets at Risk’r Paid $80,000 Fine for ‘Putting Customer Assets at Risk’
Cryptocurrency exchange and brokerage giant Coinbase announced this week, to much fanfare, that it had onboarded 10 customers for its new institutional-grade custody service. However, it seems that the firm’s partner in the venture, Electronic Transaction Clearing (ETC), has a less-than-stellar reputation when it comes to safeguarding customer funds. Though Coinbase is in the process of acquiring regulatory approval […]
Binance Leads $12 Million Funding Round in Tokenization Startup Republic
A retail investment platform called Republic recently completed $12 million in financing to tokenize its platform and introduce its own security token, led by Binance Labs and NGC ECO Fund. The financing round was also supported by ZK Capital, Oyster Ventures, FBG Capital, Hazoor Capital, East Chain, Zhen Fund and others. Source: Republic Republic — which last year […]
Brazilian Football Teams Ink Partnerships with Crypto Startup Inoovi
Two Brazilian football teams, Atlético-PR and Corinthians, have reportedly recently signed partnerships with Hong Kong-based crypto startup Inoovi, which recently launched its “IVI” token specifically for the sport. According to local news outlet Portal do Bitcoin, the president of Atlético-PR’s Deliberative Council, Mario Celso Petraglia, revealed the partnership this week, announcing it as an “innovation in Brazil’s […]
Interview: CEO of imToken, the World’s Largest Ethereum Wallet, Talks EOS Adoption in China
Chinese cryptocurrency wallet startup imToken may not have much name recognition in the West, but the firm, which raised $10 million during its recently-concluded Series A funding round, claims to operate the world’s largest ethereum wallet, which boasts more than 4 million active users. ImToken recently added support for EOS to its multi-currency wallet, which previously supported BTC in […]
Coinbase Custody Officially Launches for Institutional Investors
Today Coinbase announced that it has officially opened up Coinbase Custody for institutional investors. The announcement, written by Sam McIngvale, product lead at Coinbase Custody, stated that Coinbase Custody accepted its first deposit last week before its official launch today. McIngvale states, Over the coming weeks, we’ll continue on-boarding a set of world-class clients that includes leading […]
100 ICOs Launching Every Month in 2018, Generating $13.7 Billion: PwC
PwC, a Big Four auditor alongside KPMG, Deloitte, and EY, reported that 537 initial coin offerings (ICOs) conducted in the first five months of 2018 generated $13.7 billion. Where Did $13.7 Billion Come From and Where Did it Go? The report cited Daniel Diemers, the head of Blockchain EMEA at PwC Strategy, who in cooperation […]
Cardano Creator IOHK Does Deep Dive on ADA at Google’s London HQ
Cardano creator Charles Hoskinson is wont to complain that his project gets unfairly overlooked by mainstream media outlets, but the cryptocurrency, eighth-largest in the world by market cap, has nevertheless attracted the attention of one of the world’s largest tech companies: Google. Hoskinson, an Ethereum co-founder and co-creator of blockchain development firm IOHK, was recently invited to Google’s […]
Few Real Opportunities to Pay with Cryptocurrencies at the World Cup
The FIFA World Cup currently being held in Russia highlights the world’s best footballers and also gives the possibility to get to know more about life in the host country. Hundreds of thousands of fans from all over the world have come to the championship host cities. While there, they will purchase souvenirs, eat in […]
Buying a Home With Bitcoin Makes Sense: Shark Tank Investor Barabara Corcoran
Millionaire investor and Shark Tank star Barbara Corcoran has revealed that buying a home with bitcoin is the future. Her comments come at a time when cryptocurrency’s market capitalization has been plummeting for months now coupled with gruff criticism from some quarters. In a recent interview with Money, Corcoran intimated that buying and selling a home for cryptocurrency makes […]
Tezos Network Launches Following Months of Delays, Off-Chain Controversy
In an official blog post, the Tezos Foundation announced that the betanet is live. Tezos is a smart contract platform which raised $232 million in its initial coin offering (ICO) in July 2017, making it the largest token sale at that time. The platform boasts an on-chain governance model and formal verification for smart contracts. After a […]
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