Altcoins need ‘substantial bull market’ to avoid VC funding drought: Analyst
A “substantial bull market” is needed to avoid VC funds drying up after too much money was allocated to funds “clearly underperforming benchmarks,” a crypto analyst says.
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Coinbase Ventures, Samsung NEXT back Metrika’s $14M Series A
The advent of the blockchain-driven economy is attracting a new demand for operational intelligence and monitoring services. 475 Total views 6 Total shares Blockchain intelligence platform Metrika has concluded a $14 million Series A fundraiser to bootstrap the next phase of its growth strategy, further underscoring the venture capital demand for budding blockchain startups. Metrika announced…
Indonesian government looks to NFTs to preserve cultural heritage
One of the primary benefits of blockchain technology is the ability to record and capture information in a permanent, tamper-proof record. Once data is on a blockchain network, it cannot be altered, making it an ideal solution for record-keeping. Tokenized assets, such as nonfungible tokens (NFTs), can also be placed on a blockchain. This can verify…
Ethereum User Who Accidentally Paid $365,000 Fee Splits Loss With Mining Pool Sparkpool
Ethereum (ETH) mining pool Sparkpool confirmed it had come to an arrangement with a user who accidentally sent it over $300,000 in mining fees on March 11.The mix-up, which occurred on Feb. 19, involved an Ethereum user apparently confusing the fields required to send an ETH transaction.Three transactions broadcast to the Ethereum network with a…
Coinbase rolls out crypto transfers via links sent on WhatsApp, Telegram
Recipients need to download a Coinbase Wallet to receive the funds, but the crypto exchange says they’ve simplified the process for less tech-savvy users. 278 Total views 4 Total shares A new feature from Coinbase Wallet allows for the transfer of crypto through a link that can be sent through some of the most popular
Swiss Fintech License Allows Blockchain, Crypto Firms to Accept $100 Mln in Public Funds
The Swiss Financial Market Supervisory Authority (FINMA) has released guidelines for their new “FinTech” license, according to a FINMA official press release released Dec. 3The Swiss financial regulator revealed that license pursuants, which can be blockchain-related and crypto-related firms, will be able to apply for the fintech license with the state authority starting from 2019.The…
Hashpower Broker NiceHash Can’t Promise to Fully Reimburse Hack Losses
The hashpower rental marketplace NiceHash, which was hacked in Dec. 2017, says it may not be able to fulfill its pledge to fully reimburse affected users.In a blog post published on Dec. 18, NiceHash said its repayment program would be frozen at its current level of 82% successful reimbursement and that its promise to repay…
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering. Ripple may be holding its breath a bit longer after a United States District Judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security.On July…
Fresh Out of Jail, John McAfee Now Wants Boris Johnson’s Job
After two arrests in one week, John McAfee says he wants to run for President of the United States and Prime Minister of the United Kingdom simultaneously.McAfee: ‘I am one of the few’On July 26, the same day when McAfee revealed his “record” second arrest in a week, the U.S. presidential candidate expressed his intention…