January 2019 | Page 3 of 104 | Last Cryptocurrency News Feed

Pantera Capital, Coinbase Back Crypto Startup Staked in $4.5 Million Round

Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31.The startup, which targets institutional investors of proof-of-stake cryptocurrencies, announced that it raised $4.5 million in the investment round. According to the post, in addition to Pantera Capital, major firms…

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NYDFS Grants BitLicense to Third Bitcoin ATM Operator

news Another bitcoin ATM operator has received one of New York’s coveted BitLicenses. Cottonwood Vending LLC was granted one of the virtual currency licenses Thursday, the New York Department of Financial Services announced on Twitter, joining a select group of fewer than 20 crypto companies to receive regulatory approval to operate within the Empire State.…

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Germany’s No.2 Stock Exchange Launches Mobile App for Crypto Trading

news The operator of Germany’s second-largest stock exchange, Boerse Stuttgart Group, has launched a mobile app for cryptocurrency trading. After a year in development, the firm announced Thursday, the Bison app is now available on iOS 9+ and Android 4.4+ devices in Germany, and will allow users to trade in bitcoin (BTC), ethereum (ETH), litecoin (LTC)…

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Global Pharma Giant Merck Wins US Blockchain, AI Patent for Product Authenticity

Merck, the world’s oldest operating pharmaceutical firm, has won a blockchain patent from the United States Patent and Trademark Office (USPTO), Cointelegraph auf Deutsch reported Jan. 30The German multinational has developed a system that uses a combination of Artificial Intelligence (AI) and blockchain tech to establish the authenticity of unique physical objects. As Merck reports…

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Under Fire: Kik Is Gearing Up for a Fight With the SEC

Canadian-based social media startup Kik is gearing up to challenge a proposed enforcement action from the United States Securities Exchange Commission (SEC) over a fundraising initiative in 2017.The American securities regulator believes that Kik’s Token Distribution Event (TDE) two years ago violated securities laws. The company raised $97 million during its fundraising phase, a princely…

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A New Test Network Just Activated and Ethereum 2.0 Will Be Using It

news A highly anticipated upgrade to ethereum is gearing up for its first dry run, and the test network of choice will be an unfamiliar name to many. Launched today, the Görli blockchain will be the proving ground for Prysm, software created by Prysmatic Labs that will feature the first of three phases of deployment of the upgrade,…

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NEM Foundation, Nearly Broke, Plans Layoffs and Pivot

feature The NEM Foundation, a community-funded nonprofit established to promote the NEM blockchain, is planning layoffs across its entire 150-person staff in the wake of severe budget cuts and ahead of an imminent restructuring, CoinDesk has learned. The newly elected president of the NEM Foundation, Alex Tinsman, told CoinDesk Wednesday the Singapore-based NEM Foundation now intends…

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Age of Scale: How Can Blockchain Systems Become Powerful Enough for a Global Audience?

In the history of blockchain to be written in textbooks, 2018 will probably be known as the year of failing at scaling. An outcry for scalable blockchain systems in 2017 led to a number of companies making attempts at solving the problem of scaling and gradually realising that it’s not that simple.As the year has…

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Pantera, Coinbase Join $4.5 Million Round for Staking-as-a-Service Startup

news Blockchain investment firm Pantera Capital is leading a $4.5 million seed round in Staked, a startup that provides institutional investors with the technical infrastructure for non-custodial staking services. Other participants in the round include Coinbase Ventures, Global Brain, Digital Currency Group, Winklevoss Capital, Fabric Ventures and Blocktree Capital. “You’ve got $25 billion of stake-able crypto that’s coming…

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Blockchain Capital Leads $1.7 Million Round for Crypto Compliance Startup

news Venture capital firm Blockchain Capital has led a $1.7 million seed round for San Francisco-based crypto compliance startup TRM Labs. Announcing the news on Thursday, TRM said other participating investors included Tapas Capital, Green D Ventures and The MBA Fund. Founded in 2017, TRM is a regulatory technology startup that aims to streamline compliance…