Blockstream Launches Liquid Network, Exchanges Can Now Transfer Bitcoin in Under 2 Minutes

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With blockchain advancement once resting on the shoulders of beleaguered, boot-strapping developers, some would fire up the afterburners in a push to deliver tomorrow’s markets, today. Blockstream, one of the industry’s most heavily sponsored development powerhouses, unveiled a Lightning Network-style solution permitting the largest stakeholders in the game to transfer wholesale quantities of Bitcoin in…

XRP Olympic Petition Tops 10K Signatures, Raises Goal to 15K

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Last week, CryptoSlate reported on Japan resident Ken Takahashi’s Change.org petition to make Ripple’s XRP the official cryptocurrency of the 2020 Olympic games. At the time the petition had reached over 5K signatures toward a goal of 7,500. It now stands at nearly 12K signatures and has raised the end goal to 15K. Bypassing the…

Venture Capital Investment in Blockchain Up Nearly 300 Percent in 2018

Venture Capital Investment in Blockchain Up Nearly 300 Percent in 2018

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According to a recently published Diar report, venture capital investments in crypto and blockchain companies have nearly tripled in the first three quarters of 2018 from that of 2017. Diar references data from Pitchbook that reveals that blockchain and crypto-related companies have raised approximately $3.9 billion in venture capital this year. This figure represents a…

Crypto Billion Dollar Fund Records 22% Loss in August, State of Market

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According to a letter to its clients from Pantera Capital – the first billion-dollar crypto fund, the holdings of the fund have recorded a loss of 22 percent in August and a 72.7 percent loss year-to-date (YTD). The letter of Pantera Capital, publicly released by cryptocurrency researcher Collin Crypto, demonstrated that since December 2018, the inception of…

New York’s $30 Million Housing Development Up for Grabs on Ethereum

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When it comes to Wall Street, most would envisage the crypto securities market as a distant, but a multi-trillion-dollar blip on the horizon. And yet, for all the ruminations of regulators, the Big Apple’s real estate market has taken its another step onto the bandwagon of tokenization. A luxury condo development is set to find…

Startup Raises $2.5M From Binance to Help Australia’s Airports to Accept Crypto

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Binance, the world’s largest cryptocurrency exchange by daily trading volume, has invested $2.5 million in TravelbyBit, a startup supported by the government of Australia to operate crypto point-of-sale (PoS) systems at the country’s airports. At selected airports including Brisbane, the capital of Queensland, cryptocurrency users will now be able to utilize major digital assets like…

Fidelity Further Hints at Blockchain Products in the Works

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After heralding plans to debut cryptocurrency products within the coming months, asset-management monolith Fidelity Investments may be revealing the sheer depth of its intentions with blockchain, has described a series of covert experiments occurring behind the closed doors of its working group. As reported by CNBC, Fidelity’s Blockchain Incubator has been tinkering away in a…

Banks Launder $2.7 Billion Every Day, Crypto Exchanges $9 Million in Two Years

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Earlier this month, Danske Bank, the biggest bank in Denmark, faced its largest scandal to date for laundering more than $230 billion. Despite the billions of dollars banks launder on a daily basis, critics are still focused on crypto exchanges. On Sept. 28, Erik Voorhees, the CEO of popular cryptocurrency exchange ShapeShift, responded to the…

‘Groupon for Cannabis Users’ Sees Stock Jump After Announcing Development of Blockchain-Based Tech

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Leafbuyer Technologies, a company Bloomberg describes as a cross between “Groupon and Yelp for cannabis users,” saw a 40 percent jump in its stock on Thursday after announcing it would roll out a blockchain-based platform soon, according to the publication. Missing out Until then, Leafbuyer had missed the boat on the rise other marijuana-related companies…

Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank

Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank

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A Swiss cryptocurrency startup has raised over $103 million from private investors to build a crypto bank, reported Reuters on Sept. 27. Providing Banking to Crypto The parent company, SEBA Crypto AG, aims to provide financial services to cryptocurrency businesses across the globe, circumventing the problematic legislation and internal policies that most crypto-firms face while…