Please share if you find this article interesting. Major European Fintech Investor And Block.one Announce $100 Mln Fund For EOS Projects The German fintech incubator FinLab AG and Block.one, developer of the Blockchain software platform EOS.IO, announced a $100 mln joint venture to develop projects that use EOS’ software, Cointelegraph auf Deutsch reported today, March 21. The FinLab-run fund aims to further distribute the EOS.IO platform, run by Cayman islands-registered Block.one. The company has promised $1 bln in funding, together with other venture capitalists, for EOS.IO software. The fund with Finlab thus represents only a fraction of the seed capital of EOS.IO. EOS.IO is a Blockchain architecture for decentralized applications (DApps) powered by Ethereum’s ERC20 standard
Please share if you find this article interesting. Ex-Liverpool Footballer Michael Owen To Issue His Celebrity Token Former Liverpool soccer star Michael Owen has partnered with the Singapore-based Global Crypto Offering Exchange (GCOX) to issue his name-backed cryptocurrency OWN coin, Bloomberg reports March 21. The OWN tokens, set to be launched next quarter, would be used to buy merchandise or make donations to charities chosen by the athletes. OWN will also be connected to soccer centers Owen is developing in addition to tutorials from the former player. The move follows that of Filipino boxer and politician Manny Pacquiao, who will become the first celebrity to launch his token on the platform, dubbed PAC coin, reports Inquirer March 13. GCOX is a Blockchain-based startup th...
Please share if you find this article interesting. CryptoKitties Receives $12 Mln In Funding From Big Name Investors CryptoKitties, the Ethereum-based virtual collectible game developed by Blockchain startup Axiom Zen, has raised $12 mln in funding from a group of investors, led by two top venture capital firms Andreessen Horowitz and Union Square Ventures, as reported by CryptoKitties’ Medium account on March 21. CryptoKitties has raised $12M to make the blockchain purr. https://t.co/1NQKSdVJNV — CryptoKitties (谜恋猫) (@CryptoKitties) March 21, 2018 Both venture capital firms also invested in cryptocurrency exchange and wallet Coinbase. Andreessen Horowitz was also one of the early Facebook believers, and Union Square was an early Twitter investor, according to Fortune. Other inv
Please share if you find this article interesting. China: Stock Exchange Halts Company’s Trading To Investigate Its Relevance To Blockchain China’s major state-backed Shenzhen Stock Exchange (SZSE) started investigating a company that recently announced plans to open a Blockchain research lab for applications in the medical industry, reports local media Jinse today, March 21. On Tuesday, March 20, SZSE issued a letter ordering healthcare device manufacturer Lifesense to disclose information on its plans to launch a “Blockchain laboratory.” The move followed Lifesense’s announcement of the project on March 19, which made the company’s share price spike by 10 percent, catching the attention of the stock exchange when the price hit the SZSE’s daily limit. SZSE temporarily suspended
Please share if you find this article interesting. IBM Announces ‘Cheaper’ Blockchain Starter Plan For Smaller Scale Businesses American multinational tech company IBM has announced the launch of their new IBM Blockchain Starter Plan (in Beta) as a way facilitate more Blockchain use in businesses of any scale, according to an IBM blog post from March 16 and the 72 hour live stream from conference Think 2018 today, March 21. The IBM Blockchain Starter Plan will be free for the duration of its Beta version, but then will have a 30 day free trial once the plan becomes fully implemented. As CNBC reported today, the starter plan is a “cheaper alternative to Big Blue's current enterprise plan for firms looking to develop blockchain applications.” Marie Wieck, the general manager of IBM
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 21 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The G20 considers cryptocurrencies risky, said the head of Italy’s central bank, but the broad consensus is that they should not be banned. After days of negative news, this is a positive shift for the cryptomarket. Led by Bitcoin, most cryptocurrencies are trying to pull back from their recent lows. The plunge in cryptocurrencies from the
Please share if you find this article interesting. NEO, EOS, LTC, IOTA, Lumens: Technical Analysis March 22, 2018 Our highlight of the day is EOS. Even if most altcoins as NEO, LTC, Lumens and IOTA didn’t record impressive gains, that surge and close above the middle BB is important. Because of that and the fact that momentum is generally positive for most altcoins including EOS, bulls may as well look for buying opportunities in lower time frames. Let’s have a look at these charts: XLM/USD (Stellar Lumens) XLM/USD Bittrex Daily Chart for March 22, 2018 In a trending market, stochastics often provide a clear picture when it comes to the strength of underlying bears or bulls. In this case, Lumens are obviously in a bull trend and even though recent gains have been low, it looks l
Please share if you find this article interesting. Coinbase Bug Allowed Users To Steal Unlimited ETH, Wallet Paid $10K Bounty For Discovery Major US crypto wallet provider and exchange service Coinbase has rewarded a Dutch company with a $10,000 bounty after it discovered a smart contract glitch allowing users to steal “as much as they want” in Ethereum (ETH), according to a report made public today, March 21. The issue, which VI Company reported to Coinbase December 27 of last year, revolved around exploiting a smart contract that involved a faulty wallet. Users were technically able to credit themselves with unlimited ETH funds. “By using a smart contract to distribute ether over a set of wallets you can manipulate the account balance of your Coinbase account,” VI Company descr
Please share if you find this article interesting. The Payment Industry is About to Be Struck by Lightning: Expert Take In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to [email protected] It is hard to pinpoint precisely when banks stopped innovating, but it has been a while since they brought any valuable innovation to their customers. Banks almost blew up the world economy a decade ago, yet most of them got bailed out. Why we...
Please share if you find this article interesting. Why Would South Korea Plan to Legalize ICOs Again? Last week, The Korea Times, a mainstream media founded by the country’s largest newspaper Hankook Ilbo, reported that sources within the government revealed the plans of local financial authorities to legalize initial coin offerings (ICOs) in the future. "The financial authorities have been talking to the country's tax agency, justice ministry and other relevant government offices about a plan to allow ICOs in Korea when certain conditions are met," an unnamed source told The Korea Times who asked to remain anonymous due to the sensitivity of the subject. Concerns regarding investor protection Most recently, Choi Jong-ku Financial Services Commission (FSC) chairman expressed his