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A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team

A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team

feature A cryptocurrency project that appears to have raised at least $20 million through a referral-based marketing scheme has been advertising false information about its team members, a CoinDesk investigation has found. Launched on Dec. 2, BHB claims to offer an ethereum-based solution for peer-to-peer lending, but by Jan. 18, local media reports were already accusing…
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Bitcoin Approaches $3,900 As Crypto Markets Stabilize, Stock Market Slightly Down

Bitcoin Approaches $3,900 as Crypto Markets Stabilize, Stock Market Slightly Down

Wednesday, Feb. 27 — most of the top 20 cryptocurrencies are reporting very slight gains and losses on the day by press time. Bitcoin (BTC) is approaching the $3,900 mark again, according to CoinMarketCap data.Market visualization from Coin360At press time, Bitcoin is up less than half a percent on the day, trading at around $3,859, according…
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Fidelity Joins $1.9 Million Round In Blockchain Data Startup Coin Metrics

Fidelity Joins $1.9 Million Round in Blockchain Data Startup Coin Metrics

feature Blockchain analytics startup Coin Metrics has closed a $1.9 million seed round with Fidelity Investments, Highland Capital Partners and Dragonfly Capital. Announced today, the startup also released its first suite of commercial products for institutions seeking customized research reports. Coin Metrics co-founder and board chairman Nic Carter told CoinDesk that institutional investors aren’t satisfied…
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Polymath Tests Show Security Tokens Can Be Compliant On A DEX

Polymath Tests Show Security Tokens Can Be Compliant on a DEX

news Security token platform Polymath has teamed up with Loopring to trial peer-to-peer trading of security tokens on a decentralized exchange. Revealing the news exclusively to CoinDesk on Wednesday, Polymath said that the “successful” tests – which used smart contracts on Loopring’s DEX protocol – demonstrated that only authorized trades of ST-20 security tokens were able to…
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LinkedIn Founder, Fidelity Latest To Carry Bitcoin’s ‘Lightning Torch’

LinkedIn Founder, Fidelity Latest to Carry Bitcoin’s ‘Lightning Torch’

news An ongoing experiment with bitcoin payments technology, the lightning network, continues to see support from some big name individuals and companies. The latest to receive a payment in a chain of transaction now known as the”Lightning Torch” are the digital assets team at financial giant Fidelity Investments and LinkedIn co-founder Reid Hoffman, both of…
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Pangea Blockchain Fund Debuts With $22 Million Round Supported By Roger Ver

Pangea Blockchain Fund Debuts With $22 Million Round Supported by Roger Ver

Pangea Blockchain Fund has debuted its blockchain fund, securing $22 million with key investors including Bitcoin.com CEO Roger Ver, according to a press release on Feb. 27.Switzerland-based Pangea Blockchain Fund is targeting the development of transformative blockchain-driven solutions and expects the total fundraising to be capped at $200 million.The recent seed round was also participated…
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Marijuana Explosion: 2 Major Developments Reaffirms Growth Potential Of Aurora Cannabis Stock

Marijuana Explosion: 2 Major Developments Reaffirms Growth Potential of Aurora Cannabis Stock

Two major news regarding Aurora Cannabis, Inc. kept investors optimistic about the long-term growth potential of Aurora Cannabis Inc. this week. Consequently, its stock trading on NYSE gained ample bullish momentum to attract attention. Health Canada Approves Aurora Sky and MedReleaf Bradford Facilities The Edmonton, Canada, based Aurora Cannabis, Inc.’s stock turned bullish over the…
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EOS Begins Recovery Following Alleged $7.7M Hack – Feb.27 Price Analysis & Market Forecast

EOS Begins Recovery Following Alleged $7.7M Hack – Feb.27 Price Analysis & Market Forecast

EOS is showing signs of a recovery after a recent drop toward $3.35. The market is now trading around $3.59 after a 2% price increase over the past 24 hours. This comes off following a news report about a hacker had managed to move over 2.09 million EOS coins, approximately $7.7 million equivalent value. The…
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Blockchain Fund Launches With $22 Million Round Backed By Roger Ver

Blockchain Fund Launches With $22 Million Round Backed By Roger Ver

news Switzerland-based Pangea Blockchain Fund is making its debut after closing a $22 million seed round backed by crypto investor Roger Ver. Announcing the news on Wednesday, Pangea said other investors in the round included Copernicus Asset Management, a Swiss firm regulated by the country’s Financial Market Supervisory Authority. Copernicus is also acting as investment manager for…
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