ConsenSys, the Ethereum-focused venture studio, has just acquired Planetary Resources, a space venture hoping to mine asteroids. Planetary Resources announced recently that ConsenSys conducted an asset-purchase transaction, taking over the firm, with president and CEO Chris Lewicki and general counsel Brian Israel joining the startup as a result.
Cryptocurrency Market Updates
-
-
Market Update 10.31.18 – Ledger To Expand Support For Stablecoins
Last updated: October 31, 2018, 4:02 am Cryptocurrency Market UpdatesLedger, which is a hardware cryptocurrency wallet maker, plans to add support soon for more stablecoins, including expanding tether (USDT)’s usability across all its products and services, executives said.
-
Market Update 10.30.18 – Alrosa Joins Blockchain Pilot Program
Last updated: October 30, 2018, 5:24 am Cryptocurrency Market UpdatesThe two largest diamond producing groups on the planet are now jointly testing a blockchain platform to track assets. Alrosa, which is the second-largest diamond producer after manufacturing giant De Beers, announced Monday it was joining the Tracr pilot program.
-
Market Update 10.29.18 – Lawmaker Wants New Category For Crypto Startups
Last updated: October 29, 2018, 9:34 am Cryptocurrency Market UpdatesTaiwan’s “Crypto Congressman” continued his push for more modernized regulation around the tech by proposing new rules for token sales. On Friday, the Taiwanese legislator Jason Hsu published a list of policy recommendations aimed at aiding cryptocurrency startups, including one that would see the Ministry of Economic Affairs (MOEA) create a new business category, as well as a new legal framework for security tokens.
-
Market Update 10.28.18 – Bitcoin Turns 10
Last updated: October 28, 2018, 8:17 am Cryptocurrency Market UpdatesOctober 31, 2008 marked the birth of bitcoin. Ten years on, the world’s first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors. From its first evocation amid a global financial crisis, in a white paper written by Satoshi Nakamoto, an unknown pseudonym, bitcoin conveyed a political vision.
-
Market Update 10.27.18 – Four Agricultural Giants Interested in Blockchain
Last updated: October 27, 2018, 5:56 am Cryptocurrency Market UpdatesThe four biggest agricultural corporations plan to utilize tech such as blockchain and AI to bring the global grain trade into the digital age. Archer Daniels Midland Company, Bunge, Cargill, and Louis Dreyfus announced in a joint press release that they are looking at ways to standardize and digitize international agricultural shipping transactions “for the benefit of the entire industry.”
-
Market Update 10.26.18 – China Wants BTC Legally Protected As Property
Last updated: October 26, 2018, 5:14 am Cryptocurrency Market UpdatesAn arbitration body in China has ruled that despite the central bank’s ban on cryptocurrency trading, Bitcoin should still be legally protected as a property with economic values. The Shenzhen Court of International Arbitration published a case analysis, detailing its ruling on a recent economic dispute that involved a business contract relating to possession and transfer of crypto assets.
-
Market Update 10.25.18 – Japan Mulls On Crypto Margin Trading
Last updated: October 25, 2018, 4:46 am Cryptocurrency Market UpdatesJapan’s Financial Services Agency or FSA is reportedly weighing a plan that would soon put a cap on the leverage in cryptocurrency margin trading. It is meant as a move to curb speculation and market risks.
-
Market Update 10.24.18 – Police Seize ATM Run By Crypto Exchange
Last updated: October 24, 2018, 6:57 am Cryptocurrency Market UpdatesThe police authority in the Indian city of Bangalore has seized an ATM. It took place just weeks after it was set up by a local cryptocurrency exchange called Unocoin. Reports suggest that Harish BV, co-founder and chief technology officer of the exchange, was arrested on Tuesday as he was operating the ATM which was installed in a shopping mall.
-
Market Update 10.23.18 – HTC To Start Shipping ‘Exodus’ Blockchain Phone
Last updated: October 23, 2018, 10:22 am Cryptocurrency Market UpdatesA decade after launching its first Android device, global consumer tech giant HTC is officially releasing its first blockchain-enabled phone. The early-access version of the HTC Exodus is now available for pre-order and must be purchased with cryptocurrency.