Coinbase worth $8 Billion: Ranks Among The World’s Most Valuable Tech Startups

Following the conclusion of a new funding round, Coinbase now ranks among the world’s most valuable tech startups. The cryptocurrency exchange operator recently closed a $300 million Series E-funding round led by Tiger Global Management which gave the company a valuation of more than $8 billion, also featured participation from Y Combinator Continuity, Wellington Management, Andreessen Horowitz, and Polychain Capital.... Continue Reading →

Cryptocurrency Legalization in Ukraine by 2021

Slowly, more and more countries are set to legalize cryptocurrencies. The next is Ukraine... Ukraine has announced that it will legalize cryptocurrency and has unveiled a path for the adoption of cryptocurrencies. Ukraine’s Ministry of Economic Development and Trade are beginning the process for the legalization of virtual assets, an endeavor that is projected to... Continue Reading →

‘We Should Not Scurry to Keep Pace With Fintech’ – CFTC Commissioner

A newly elected commissioner at U.S. regulator the Commodity Futures Trading Commission(CFTC) stated that fintech – including blockchain and cryptocurrency – should be handled with an “open mind” during a speech on Oct. 25. Rostin Behnam revealed he had spent much of that time focusing on issues related to disruptive fintech. “I am surprised by the amount of time I spent examining issues related to bitcoin,... Continue Reading →

What Happens When A Company Releases An ICO

An Initial Coin Offering (ICO) is similar to the working process of an IPO, however, it is a mechanism by which cryptocurrency companies sell their tokens in exchange for bitcoin, ether, ripple and other digital cryptocurrencies. ICOs are a relatively new concept that came about after the release of Bitcoin and the blockchain technology and... Continue Reading →

Blockchain Settlement Trials Successful – German Central Bank

The trial of blockchain based settlement technology research or Blockbaster which commenced in 2016 has been successfully completed. It was started by the central bank of Germany, Deutsche Bundesbank, and securities marketplace organizer Deutsche Boerse (DB). The joint research conducted, achieved its goal of testing on blockchain, the full lifecycle of bond issuance, settlement, corporate actions, and redemption, as well as... Continue Reading →

3000% Increase in Cryptocurrencies since 2013

CoinMarketCap, the leading provider of cryptocurrency data, listed its 2,000th crypto asset this month with the addition of Labh Coin (LABH). This milestone states that there have never been more cryptocurrencies in existence than now. As of now there are 2,112 cryptocurrencies tracked by the data site, the most trafficked according to data from Alexa.com. This... Continue Reading →

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