Prominent Indian bitcoin startup Unocoin has raised a national record-setting $1.5 million in a Pre-Series A funding round from a group of international and Indian venture capital funds. The funds were raised from Indian investors Blume Ventures, Mumbi Angels, ah! Ventures, and international investment firms Bitcoin Capital, Bank To The Future, Digital Currency Group, Boost VC […]
The effective management of regulatory requirements is vital to the continued advancement of the digital currency industry. Dash, a privacy-centric, open-source, digital money ecosystem, has therefore chosen to integrate AML/KYC solutions designed to manage these concerns, in cooperation with blockchain compliance provider Coinfirm. Some are hailing this move as a key milestone in addressing vulnerabilities […]
On October 1 of this year, the IMF added the Chinese Yuan (CNY) to the Special Drawing Rights basket of currencies. Only Big Boy currencies are included, and now China is part of the club: USD, GBP, JPY, EUR and now CNY make up the basket. The IMF could not ignore the currency of the […]
Federal Reserve governor Lael Brainard delivered a major speech on blockchain today. Source
Properties in Cook County, Illinois, will be the first to be conveyed in the blockchain by a government agency, according to cre.tech, a news source for commercial real estate technology. Velox, a blockchain technology provider, will provide the technology that will furnish better information on vacant Chicago buildings to prevent fraudulent conveyance. A pilot program will test […]
Blockchain’s pie-in-the-sky optimism got some pushback during the Distributed: Health conference this week. Source
Blockchain technology has won accolades for improving efficiency and transparency in business operations. It has also been seen as improving security. But blockchain security is a complex issue that pits anonymity against trust, according to IBM’s Security Intelligence, a thought leadership and technical expertise hub for executives who manage enterprise risk and security. Permissionless blockchains such […]
So it’s time to draw our bitcoin price watch analysis to a close for the week. Things have been ok today, and we managed to get in and out of the markets on a couple of occasions for a quick profit. When we first kicked off today, we were a bit concerned about our risk […]
The Wall Street Journal was at the top of a list of websites that can now collect bitcoin from Brave on behalf of the browser’s users. Source
Earlier this week, the Polish government opened up the floor to bitcoin and blockchain issues, with an open meeting organized by a member of parliament that saw participation from the Polish Bitcoin Society. In a first of its kind meeting this Monday, October 3rd, an open televised session organized by economist and member of parliament […]