Coinbase Secures $20 Billion Hedge Fund and Plans to Offer Margin Financing for Institutional Investors

Coinbase Secures $20 Billion Hedge Fund and Plans to Offer Margin Financing for Institutional Investors

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In early July 2018, San-Francisco based startup Coinbase launched its custodian solution for institutional investors. The leading digital asset exchange has now secured a $20 billion hedge fund to offer investors a greater variety of financial services. Coinbase Custody Draws Institutional Capital into Crypto The everyday investor’s go-to service for buying and selling cryptocurrency, Coinbase,…

Prominent Investor: Not a Dime Will Come to Crypto Until Regulators are On Board

Prominent Investor: Not a Dime Will Come to Crypto Until Regulators are On Board

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Shark Tank star Kevin O’Leary, AKA “Mr. Wonderful”, said on CNBC’s Fast Money that he firmly believes not a dime from institutional investors will come into the crypto market, at least in the short-term. Custodianship Isn’t Enough, Regulators Have to be On Board Over the past 12 months, especially in early 2018, the narrative of…

Coming Soon: The Sirin Labs $1000 Cryptocurrency Focused Phone

Coming Soon: The Sirin Labs $1000 Cryptocurrency Focused Phone

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The burgeoning cryptocurrency market is distinct with exchanges, payments, and wallet businesses, with only few other implementations. However, the smartphone market is seemingly catching on, as Israel-based Sirin Labs announced a cryptocurrency-powered phone on July 11, 2018. The “Finney” Termed “Finney,” in homage to Bitcoin evangelist Hal Finney, the latest Sirin Labs phone is priced…

Crypto Developers Express Fresh Optimism of Price Rebound

Crypto Developers Express Fresh Optimism of Price Rebound

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Crypto bears are having a heyday. 2017’s crypto euphoria is unceremoniously replaced by a steep market downturn, numerous ICO scams, and unrelenting attacks on crypto exchanges – affirming pessimistic outlooks of naysayers. As the negative headlines continue to proliferate, some crypto insiders remain bullish about the potential for digital currency to thrive not only in the…

Bitcoin Lightning Capacity Rises 68% in 1 Month, Progress in Scaling and Micropayments

Bitcoin Lightning Capacity Rises 68% in 1 Month, Progress in Scaling and Micropayments

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The capacity of the Lightning Network, a micropayment channel that is compatible with Segregated Witness (SegWit) and a layer two scaling solution deployed on top of the Bitcoin protocol, has increased by 68 percent in the past 30 days. Irek Zielinski, a software developer, and Bitcoin researcher, revealed the total sum of micropayment channels on…

Collaborate with Blockchain Leaders at Token Forum Seattle

Collaborate with Blockchain Leaders at Token Forum Seattle

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On August 9, 2018, Token Forum will bring together a close-knit group of industry leaders, experts, and entrepreneurs for an intimate deep-dive into the implications and future of blockchain and cryptocurrency. Blockchain Innovation Through Interactive Discussion Jonathan Gagliardoni is the founder of Token Forum Founded by Jonathan Gagliardoni, Token Forum Seattle fosters a unique, invite-only…

Korea Will Fuel the Development of dApps and Base Blockchain Layers Like Ethereum, EOS and NEO

Korea Will Fuel the Development of dApps and Base Blockchain Layers Like Ethereum, EOS and NEO

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Local publications reported that the government of South Korea finalized plans to legitimize the cryptocurrency exchange market and the blockchain sector with a newly created regulatory framework. Initially, local financial authorities will begin with an imposition of a new legislation that will recognize cryptocurrency exchanges as regulated financial institutions and brokerages. Local cryptocurrency exchanges like…

IBM Secures $740 Mln Deal to Upgrade Australian Gov’t Data Security with Blockchain

IBM Secures $740 Mln Deal to Upgrade Australian Gov’t Data Security with Blockchain

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Blockchain integration grows more prolific, as companies, educational institutes, and governments realize its solutions to various inefficiencies. IBM signed an A$1 billion (~$740 million) deal with the Australian government to upgrade data security systems using blockchain technology. Estimated $100 Mln In Savings Over Five Years International Business Machines Corp. (IBM) signed a five-year contract to…

How Smart Contracts and Stablecoins will Reshape Escrow

How Smart Contracts and Stablecoins will Reshape Escrow

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Escrow is a way to provide trust between a buyer and a seller in a transaction. In an online transaction, how can a buyer be certain the seller will deliver the product or service? Likewise, how can a seller be sure that the buyer will pay? Escrow solves this problem with a neutral third-party to…

With Coinbase Custody, Institutional Investors Can Now Invest Billions in Crypto

With Coinbase Custody, Institutional Investors Can Now Invest Billions in Crypto

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Coinbase, the world’s largest crypto exchange with more than 20 million active users, launched a custodian solution for large-scale institutional investors that could potentially attract billions of dollars worth of new capital into the crypto market. Sam McIngvale, a product lead at Coinbase Custody, said in a company statement that after receiving its first deposit…