Monthly Archives: February 2019

Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article.Staking, which is similar to earning dividends or interest on your investment, is not a new concept. However, in a long bear…

The Seoul Metropolitan Government has announced plans to invest more than $1 billion in blockchain and fintech startups by 2022, according to the official announcement published on Feb. 18.According to the release, the South Korean capital’s government plans to use the “Seoul Innovation Growth Fund” for startups that have various investments problems with Series A…

Tuesday, Feb. 19: crypto markets have continued gaining momentum, with all of the top 20 coins by market cap seeing green and Bitcoin (BTC) testing $4,000 again, according to CoinMarketCap.Market visualization from Coin360Following a slight decline to as low as $3,908 yesterday, Bitcoin has continued growing towards the new price point, currently trading at $3,941…

United States cryptocurrency exchange and wallet Coinbase has acquired blockchain intelligence startup Neutrino, according to a post published in the company’s blog on Tuesday, Feb. 19.Coinbase reveals that the company will continue to operate as a standalone business in its London office. The amount of the contract has not been disclosed.The U.S. exchange believes that…

A financial company is giving crypto holders the opportunity to take out cash loans while using their digital assets as collateral.YouHodler — whose name is inspired by the term “HODL” — says its product gives the community a way of accessing money without selling their investments.The platform offers loans from $100 to up to $30,000 —…

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the launch of the first blockchain-backed platform for structured green bonds. The news was announced in a press release published on Feb. 19.BBVA has closed the deal with Spanish insurance house Mapfre, which has invested €35 million (approximately $40 million) to finance sustainable products.…

Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an announcement published on Feb. 18.Per today’s press release, Recruit has invested in Israeli blockchain startup Beam Development Limited. The investment was made through Recruit’s $25 million fund called RSP Blockchain Tech Fund Pte. Ltd. The…