ConsenSys, an Ethereum production studio based in Brooklyn, NY, is launching a $50 million venture arm, and it has picked Kavita Gupta to run it. Gupta’s job will be to oversee the new venture and help structure deals with the startups. It is not uncommon for companies with investment capital to form their own investment […]
GreenAddress (and its reimplementation GreenBits), the Bitcoin wallet that was acquired by blockchain infrastructure company Blockstream earlier this year, is the first mobile wallet to offer Segregated Witness (SegWit) transactions. This means that GreenAddress users are among the first to benefit from lower fees and faster transaction times enabled by the long-awaited protocol upgrade. “The […]
After Labor Day weekend, many ETH-USD traders were surprised to find a 30% market drop over the course of 3 days. After an initial drop to the $330s, the ETH-USD market suffered another blow as China announced it will be banning ICOs and conducting rigorous investigations into several of the newer coins such as NEO […]
The Isle of Man is opening its doors to legally complaint ICOs.
Last week, the U.S. Food and Drug Administration (FDA) approved the gene drug Kymriah for certain types of cancer. However, Kymriah costs $475,000 for one single treatment, Bloomberg reports, which is well beyond being affordable for average patients. In the U.S., the FDA approval process itself adds billions of dollars to drug development costs, which […]
China has banned ICOs – and the country’s exchanges are quickly moving to adapt to the new reality.
The Bank of Japan and the ECB say that blockchain is too immature at this stage to be used to replace their real-time settlement systems.
More and more crypto-backed, financial products have been hitting the market, though most of them are not yet accessible via a public exchange. In the U.S., investors are still waiting on a bitcoin exchange traded fund (ETF) to be approved by the SEC. But, in Europe, investors already have a bitcoin-backed, exchange-traded product available via […]
A brand new technical conference is hitting the Bitcoin space this week. Loosely inspired by the well-known Scaling Bitcoin workshops, the French Bitcoin community will host the Breaking Bitcoin conference in Paris, on September 9 and 10. The conference has an explicit focus on security and is targeted at an audience with an understanding of […]
The price of bitcoin may have seen a notable decline today on news that China was taking action to outlaw ICOs, overall trends are bullish.