Coincheck Inc, which happens to be a Japanese cryptocurrency exchange sometime back, reported the theft of about $530 million of digital money. It was last Tuesday when it proceeded to file a report with the regulators in line with the hacking that just occurred. Pressure is at the moment emanating from all sides on the […]
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Team Formed By Comcast Corporation (NASDAQ:CMCSA) Comcast Ventures To Seek Blockchain Investments
Comcast Ventures, the venture capital arm of Comcast Corporation (NASDAQ:CMCSA), is investing aggressively in blockchain technologies and has consequently formed a team of five dubbed ‘The Blockchain Crew’ who are charged with the responsibility of spearheading the strategy. The team is headed by Gil Beyda, the managing director of Comcast Ventures. Last month Comcast Ventures […]
The Fan ICO Controversy Ensnares The Chinese Boy Band
It was sometime back when the self-proclaimed fans of the widely renowned Chinese boy band went ahead to build an initial coin offering (ICO).It was focused around their idols but the issue that has become the subject of talk among quite a significant number of people is the controversy that just popped up in line […]
CME Reveals That It Is Considering Modifying Blockchain’s Rules
New patent filings indicate that the CME Group may be undertaking the exploration of the various ways in which different developers could proceed and modify the blockchain’s rules without having to bother about the consensus from the various network’s nodes. A person familiar with the matter opined, “It’s a key need for such systems and […]
Cryptocurrency Regulations To Be Out Soon: SEBI
Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi announced recently that a policy on the cryptocurrency should be released first before the rule of SEBI is outlined. As the bitcoin prices continue being volatile and the investors’ safety becomes a major concern, regulation on the digital currencies in India is put on hold […]
Dfinity Succeeds In Raising $61 Million For A Close Rival Of Ethereum
Dfinity, a close rival of ethereum has managed raise about $61 million by trusted investors Polychain Capital and Andreesen Horowitz. And reports indicate that it is the first token Andreesen Horowitz has channeled as an investment. General partner at Andreesen called Chris Dixon is the one that was entrusted with leading his firm’s investment in Dfinity. […]
CFTC And SEC Speak Our Regarding Virtual Currencies During A Senate Hearing
CFTC and SEC have moved ahead to have expressed their respective standpoints in line with the senate hearing on virtual currencies. CFTC Chairman J. Christopher Giancarlo and SEC Chairman Jay Clayton are said to have forwarded their testimonies via writing. Anyone that has the opportunity to go through the testimonies will attest to the fact […]
ICOs Transforming Fundraising And Revenue Models Of Startups
The advent of virtual currencies has changed how startups not only raise funds but also their revenue models. Mainstream brands such as Kik and Telegram have for instance embraced an alternative model which was not in existence at the time of their launch. To do this firms issue crypto tokens allowing them to be utilized […]
Startup Manages To Raise $20 Million For Building ‘Youtube’ On The Blockchain
Lion, a Silicon Valley startup has plans underway to engage YouTube with a decentralized, collectively-owned video content distribution system which it asserts will kick out the need of a middleman .And the one that stands to gain at the end of the day will be the content creators. It will be about ensuring that each […]
Ethereum (ETH) Worth $2 Million Stolen Ahead Of Seele ICO
Reports indicate that investors who were planning to put their money in the Seele ICO have had their Ethereum (ETH) virtual currencies worth more than $2 million stolen by people who are thought to have administrator privileges or at least people who were impersonating administrators. According to reports two accounts which had administrator privileges in […]
