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Pantera Capital Hints At Giant $175M Venture Fund For ‘Fast-Moving’ Crypto Space

Cryptocurrency investment stalwart Pantera Capital has raised over $70 million for a new venture fund which could become its biggest yet if it raises its intended goal. An Order Of Magnitude Larger An SEC filing issued August 15 confirms 90 investors have contributed $71,500,000 to the new project, with partner Paul Veradittakit telling TechCrunch as much as $175 million could ultimately flow in. According to Veradittakit, the figures are a “function of how fast the

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Ripple ‘Isn’t Really A Blockchain’ – Ethereum Co-Founder Downplays XRP, EOS

ConsenSys found and Ethereum co-founder Joseph Lubin told mainstream media that Ripple “isn’t a Blockchain technology” August 14, confirming it “isn’t a competitor” for Ethereum. Lubin: Ripple ‘Isn’t Really A Blockchain’ Speaking to Bloomberg about the current state of the cryptocurrency market and Ethereum development, Lubin delivered an interesting take on two of the industry’s biggest names. Asked about what would happen if “other protocols which trade speed or decentrazliation for security” gain favor in

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Huobi Exchange Joins GLASS Decentralized Liquidity and Settlement Network

Ever-expanding cryptocurrency exchange Huobi has joined the coming the Global Liquidity and Settlement System network (GLASS). The move peripherally brings the exchange one step closer to compliant access to the United States’ investor market. In being a GLASS member exchange, Huobi will be able to “settle secondary trades of digital securities by U.S. investors” and …

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Kin Announces Developer Program to Build Out Kin Ecosystem

Coming off its $100 million USD ICO in 2017, the Kin ecosystem has announced that forty teams have been selected to participate in its inaugural developer program. These developer teams will be rewarded with up to $60,000 each to launch Kin-related applications or integrate Kin into an existing consumer app. Also read: AT&T Hit With $224 …

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AT&T Faces $224 Million Lawsuit Over Alleged Cryptocurrency Heist

AT&T ATT

Telecom giant AT&T is facing a $224 million lawsuit over alleged negligence causing an investor to lose $24 million worth of cryptocurrencies. 69 Pages of Complaints Michael Terpin, a US investor, has purportedly filed a $224 million lawsuit against the telecommunication giant on Wednesday, according to CNBC. The plaintiff accuses AT&T of negligence causing him to lose roughly around $24 million worth of cryptocurrencies. The 69-page long complaint was filed with the US District Court

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US Investors Can Now Invest in a Fully-Regulated Bitcoin ETN

Bitcoin ETN

While the entire cryptocurrency community is waiting for the approval of a potential bitcoin ETF by the US Securities Exchange and Securities Commission (SEC), investors can now purchase Bitcoin exchange-traded notes, entirely regulated in Sweden. “Big Win for Bitcoin” Starting yesterday, investors can trade using the so-called Bitcoin Tracker One product offered by a parent company of CoinShares Holdings, LTD, according to Bloomberg. The product is listed and regulated in Sweden, but it is already

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‘Money to Burn’: Why Do Companies Burn Their Tokens?

Binance Coin Burn Inbound - Here's When It Will Happen

A token burn is the destruction of a certain amount of tokens (or coins) in order to reduce their number in circulation. This method is successfully applied by crypto projects, traditional businesses, and even global corporations (for their shares). This spring, for example, Apple launched a $100 billion share buyback plan (with subsequent burning) and raised its dividend share by 16 percent, despite expectations of a slowdown. Alex Fork, one of the founders of the

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Room For Creatives, Distributed New Economy Is Growing In Capacity

DCC: Distributed Banking, Future of the Financial Industry

Creatives from multiple industries and those on the other side of the transaction – buyers and consumers of content, may soon do business on a single platform. Within the Zeepin Ecosystem, all participants will benefit from diversity of different projects. Zeepin’s team aims to incorporate original ideas into powerful applications running on their Blockchain. Zeepin is an A-Z workplace platform for innovators, aiming to create a fair and efficient business environment. The foundation can be

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A Dose of Reality? Bitcoin Has a Long Way to Go Before Becoming Mainstream, Says Brian Armstrong

Coinbase CEO Brian Armstrong has suggested bitcoin still needs time before it becomes a global currency. Armstrong shared this opinion, along with other thoughts regarding cryptocurrency, at the Player’s Technology Summit in San Francisco. Also read: Recent Ether Liquidation by ICOs — a Case of Fact-Free Reporting of Non-News? Subscribe to the Bitsonline YouTube channel for great videos …

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Crypto Hodlers Rekt! Xapo’s Ted Rogers Predicts Altcoin Extinction As Bill Harris Sees Bitcoin Headed Toward Zero

Xapo president Ted Rogers claims altcoins are headed toward extinction. Bill Harris says bitcoin is headed to zero. From old fintech to new, doomsday voices are growing louder. Are crypto hodlers rekt? Also read: Smart Legal Contracts Take Step Forward in OpenLaw, ChainLink Meld Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts …

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