According to Bloomberg, renowned digital asset firm Morgan Creek Digital has successfully closed a new $40 million blockchain-specific venture capital fund. It has done this because of major contributions from two US public pensions. Initially, the venture looked to raise $25 million. Morgan Creek Digital Backed by finance behemoth Morgan Creek Capital, Morgan Creek Digital is a hedge…
In 2018, ICOs raised over $7.8 billion USD—up $1.6 billion from the year 2017. Most of these 2018 funds were raised in the first three months of the year. Cryptocurrencies have been on the decline ever since. Yesterday, the Securities and Exchange Commission (SEC) released their new guide to ICOs. This new SEC ICO guide…
One of the Philippines largest banks, Union Bank, is set to launch the first two-way crypto ATMs in the country. Union Bank Crypto ATMs Customers will be able to buy and sell cryptocurrencies for cash through the ATM. The idea is to provide an easy and accessible means for crypto to fiat conversion and vice…
A new Bitcoin (BTC) scam website has emerged. Back in 2017, when the cryptocurrency market hit mainstream news, scam sites began blowing up. Since everyone was so desperate to get their hands on digital currency or invest in a project that could give them 10X the return, the scammers often won. Now, cryptocurrency investors are…
Ripple has added 11 new universities to its University Blockchain Research Initiative (UBRI). With a strong emphasis on developing the upcoming generation of developers, the UBRI is designed to develop blockchain-focused academia and research. Ripple is extending its footprint globally by adding 11 new universities to its program. 11 New Universities to UBRI The UBRI launched…
Around one-third of Americans use Amazon.com to buy just about everything. The company holds around 90 million US-based Prime members and the average subscriber spends around $1,000 annually on the site. The wide assortment of products at low prices has helped make Amazon one of the most valuable companies in the world. Except, its frequent…
Web browser Opera announced earlier today that Android users can now buy Ethereum (ETH) directly from its browser wallet. For reference, ETH is currently selling for $104.75 USD per coin according to CoinMarketCap. Buying Ethereum on Opera To make Ethereum transactions possible in this manner, Opera has partnered with regulated crypto brokerage Safello to provide…
US crypto traders are among the most active investors across all major cryptocurrency exchanges. This data came from the data analytics firm DataLight. Crypto traders from the US are the most active across the majority of the exchanges except for @bitfinex, which also has the most even geographical distribution of traders. pic.twitter.com/haxoUP6N57 — DataLight (@DataLightMe)…
According to financial news outlet Cheddar, Facebook has acquired a blockchain startup called Chainspace. Another move for the tech giant into the cryptocurrency space perhaps? Chainspace Founded by University College London researchers, the Chainspace blockchain describes itself as “a planetary scale smart contracts platform” and is comprised of a “distributed web of blockchains for scalability, speed,…
PayPal and Coinbase have officially teamed up. This morning, the popular cryptocurrency exchange announced it would now offer PayPal withdrawals to its users in the EU. Coinbase customers in EU and European Free Trade Association countries can now withdraw funds to PayPal accounts. Sign in to Coinbase and link your PayPal account today to get…
