Circle, which is a Goldman Sachs-backed cryptocurrency finance venture, is reportedly looking to raise around $250 million in funding. The latter, in particular, is said to be a combination of debt and equity.
Cryptocurrency News
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Major Banks Still Saying No to Crypto Startups
Last updated: March 4, 2019, 7:29 am Cryptocurrency NewsDespite the fact that interest and involvement in the cryptocurrency industry is growing, most mainstream financial institutions are still not willing to provide their banking services to cryptocurrency startups.
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ETH Solution To BTC’s Limited Function, Says Co-Founder
Last updated: March 4, 2019, 7:24 am Cryptocurrency NewsVitalik Buterin, the co-founder of Ethereum, has claimed that he was finding ways to solve Bitcoin’s limited functionality. Apparently, he did so with the creation of ETH. Here is everything about it in a nutshell.
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Blockstream Releases BTC Lightning Network Implementation Upgrade
Last updated: March 4, 2019, 7:20 am Cryptocurrency NewsBlockstream, which is a blockchain development company, has recently launched a new version of its very own Bitcoin scalability software called C-Lightning. The launch was announced officially through a company blog post.
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Ripple Triumphant In Latest US Securities Class Action
Last updated: March 3, 2019, 8:08 am Cryptocurrency NewsA judge has decided to rule out an ongoing class action lawsuit, which is specifically aimed at Ripple. As far as the decision is concerned, it has to remain in federal court. This simply gives the company a slight leverage moving forward.
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Binance Enticing Users To Test Decentralized Exchange
Last updated: March 3, 2019, 8:05 am Cryptocurrency NewsBinance, a cryptocurrency exchange, is looking to significantly boost its number of people testing the upcoming decentralized exchange platform or DEX. The firm is doing this by simply give away at least $100,000 in tokens.
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BTC Fans Delete Coinbase Accounts Follow Neutrino Acquisition
Last updated: March 3, 2019, 7:49 am Cryptocurrency NewsEveryone in the cryptocurrency space is aware of the ongoing #DeleteCoinbase battle cry. In fact, it continues to echo across Twitter. This is most especially the case after Bitcoin users decided to close their respective accounts, a move that signifies a protest to the controversial acquisition courtesy of the exchange.
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Thailand Bans Three Cryptos From ICO Investment, Trading Pairs
Last updated: March 2, 2019, 5:42 am Cryptocurrency NewsThe Securities and Exchange Commission (SEC) of Thailand has made a bold move recently. Basically, it decided to ban at least three major digital currencies, disabling them from being utilized in initial coin offerings (ICOs). More importantly, the decision disallows these cryptos from used as base trading pairs when it comes to crypto exchanges that are operating in the country.
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QuadrigaCX Wallets Empty Since April 2018
Last updated: March 2, 2019, 5:25 am Cryptocurrency NewsErnst & Young, the Big Four audit firm assigned by the Canadian Supreme Court to be the Monitor for QuadrigaCX in its creditor protection proceedings, released its third report on the case on March 01.
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US State Exempting Blockchain Tokens From Securities Laws
Last updated: March 2, 2019, 5:19 am Cryptocurrency NewsLawmakers in Rhode Island, one of the states in the U.S., are set to making a giant leap in the cryptocurrency world. Apparently, they are looking to exempt blockchain tokens directly from securities laws for a couple of use cases.
