Powerful Cryptocurrency Firms on the Road Towards Becoming Banks

When bitcoin came out, supporters believed that the decentralized cryptocurrency would decimate the banking industry. Years later, as digital currencies became more mainstream, these networks were suddenly commanding billion dollar valuations. Meanwhile, cryptocurrency exchanges, brokerage services, and over-the-counter market makers… Continue Reading

Markets Update: Cryptocurrency Valuations Gain Billions in One Day

Two days ago, cryptocurrency bulls were attempting to break strong resistance and managed to push digital asset values to much higher price regions. The price of bitcoin core (BTC) was averaging $6,740 per BTC during the early morning trading sessions… Continue Reading

Nervos Raises US$28M Series A from Polychain, Sequoia for Enterprise dApps Blockchain Platform

Chinese blockchain startup Nervos has raised US$28 million in a Series A funding round from Polychain Capital, Sequoia China, and others, to develop a hybrid blockchain network for enterprises decentralized applications (dApps). The new capital will be used to grow… Continue Reading

KnownOrigin and OxCert Collaborate on Creative Challenge to Promote Artists and NFTs on the Blockchain

Art venture KnownOrigin and OxCert, an open-source permissionless protocol authenticating unique digital assets on the blockchain, are collaborating on a new creative challenge. The aim is to promote artists on the blockchain and the potential of non-fungible tokens (NFTs) at the upcoming… Continue Reading

Robin Hood Movie and Robinhood App Hold $50k Crypto Scavenger Hunt at Comic-Con

Lionsgate studio and Robinhood app have teamed up to give away $50,000 in a crypto scavenger hunt at the San Diego Comic-Con this week. This is to promote the studio’s upcoming Robin Hood movie. Attendees will search for coins, redeemable… Continue Reading

The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO Rules

The United Kingdom has what it takes to become a true leader in the crypto space, according to a new report covered in today’s Bitcoin in Brief. Also in The Daily, the British Crown dependency of Jersey has adopted new… Continue Reading

IBM Backs the Development of Latest New Stablecoin, Stronghold USD

It seems like a new alternative for Tether (USDT) pops up at least once a week recently. And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM. Stronghold USD is said to be backed… Continue Reading