The Trick to Selling Blockchain Solutions? Don’t Say ‘Blockchain’

Hong Kong based payments infrastructure firm XanPool has raised $27 million in a Series A funding round led by Peter Thiel’s Valar Ventures, the company announced Friday.Other participating investors included CMT Digital and the founder and chairman of Wise, formerly TransferWise, Taavet Hinrikus.XanPool describes itself as a payments and liquidity network similar to Mastercard or…

Feb 26, 2020 at 05:00 UTCEver since FCoin fell insolvent this month, blockchain researchers have been poring over data to figure out what caused the failure and where all the China-based exchange's cryptocurrency went. A recent report from Silicon Valley-based Anchain AI wonders whether funds were pilfered by insiders, challenging FCoin’s official line claiming a data…

feature The Hong Kong Stock Exchange (HKEX) is reluctant to approve the initial public offering (IPO) applications of Chinese bitcoin mining equipment manufacturers, according to a person involved in the talks. Following the 2017 cryptocurrency market boom, mining giants Canaan Creative, Ebang and Bitmain applied in May, June and September of this year, respectively, to…

The rapid proliferation of AI data centers may have a positive impact on the bitcoin mining industry. AI data centers are just as hungry for cheap energy as miners are, so they reduce the number of new mines being spun up. Down the line, cheap electricity may be in such short supply that hashprice will

news Marco Polo, the trade finance blockchain network launched in 2017 by R3 and TradeIX, is moving slowly but surely toward production. The latest milestone in the 22-bank blockchain consortium’s methodical piloting process allows a third party to a trade (in this case a logistics provider) to trigger a payment to a supplier in real-time…

Non-fungible token (NFT) rewards are often seen as a sign of the times, transforming the relationship between artists and fans and creating a fine line between physical and digital experiences.Earlier this month, British pop star and former One Direction band member Harry Styles played a show at Slade Castle in Ireland. Fans were invited to…

BTC's price surge doesn't compensate for the price volatility risks, a chart by Goldman Sachs shows. Gold's relatively higher risk-adjusted returns explains its safe haven appeal. Bitcoin (BTC) has surged over 40% this year, outshining major equity indices, fixed-income securities, gold and even oil, which recently rose on the back of geopolitical tensions. However, according

Criminal charges that lawyers for Sam Bankman-Fried sought to dismiss, including technicalities around his extradition back to the U.S. and campaign finance violations, are valid, prosecutors said in court filings from Monday.In early May, Bankman-Fried filed pretrial motions to dismiss most charges levied against him by U.S. prosecutors, with his defense arguing procedural issues, the…

NEWSINBRIEF Ethereum developers are quietly planning strategies for advancing the world’s third-largest blockchain, as well as a previously undisclosed upgrade that could boost the capabilities of the technology more aggressively in the short-term. Specifically, the minutes from four private meetings that took place at an ethereum conference earlier this month, refer to an upgrade named “ethereum…