Crypto industry skeptical of memecoin promoted on Trump's social media

“Big Four” auditor Deloitte’s 2018 blockchain survey, published August 27, reveals that the technology is gaining significantly – if unevenly – in traction at the executive level of enterprises across diverse industries.   Deloitte’s survey polled a sample of just over 1,000 senior executives in seven countries – Canada, China, France, Germany, Mexico, U.K., and…

Bitcoin (BTC) hovered above $26,000 into the Aug. 20 weekly close as doomsday BTC price targets kept coming.BTC/USD 1-hour chart. Source: TradingViewAnalysis: Bitcoin may see new 'generational buying opportunity'Data from Cointelegraph Markets Pro and TradingView showed an eerie calm covering BTC/USD over the weekend, with the market down 11% in seven days.Rattled market observers remained…

Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million. 31 Total views 1 Total shares Over $350 million has been raised by crypto venture capital firms Polychain Capital and Coinfund with respective reported raises of $200 million for a new investment fund and $152 million for a seed fund.A…

Bybit exchange’s CEO believes maturity of the crypto derivatives market plays an important role in attracting more institutional investors. 89 Total views 6 Total shares In a Cointelegraph China Great Bay Area International Blockchain Week pre-event interview on July 29, Ben Zhou, CEO of derivative exchange Bybit, argued that the maturity of the derivatives market…

McDonald's Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land. 180 Total views 1 Total shares McDonald's Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land, a virtual world dedicated to celebrating Chicken McNuggets' 40th anniversary. The experience takes users to a virtual store,…

Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. 1583 Total views 24 Total shares Recent regulatory transparency provided by U.S. banking regulator, the Office of the Comptroller of the Currency, or OCC, may give interested institutions the confidence to enter the crypto industry.“For those…

In July this year, the Office of the Comptroller of the Currency granted permission for federally chartered banks to provide custody services for cryptocurrency. While significant, the need for enterprise-grade infrastructure to securely deploy custody solutions has become crucial. Adrien Treccani, CEO of METACO — a technology partner for institutions entering the digital asset ecosystem —…

Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain.