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Israeli Blockchain Startup Colu Raises US$14.5M from IDB Investment

Sun, 12/17/2017 - 02:49

Colu, an Israeli blockchain startup that creates localized, digital currencies, has raised US$14.5 million from IDB Development Corporation as an investment in the company and as part of its Colu Local Network (CLN) token pre-sale. IDB Development Corporation joins Spark Capital, eToro, Aleph and former Thomson Reuters CEO Tom Glocer as contributors in the CLN […]

This post Israeli Blockchain Startup Colu Raises US$14.5M from IDB Investment first appeared on Coinjournal.

South Korean Government Will Regulate Bitcoin Exchanges, Refutes Ban Rumors

Sat, 12/16/2017 - 06:07

The South Korean government has officially refuted various reports on the possibility of a cryptocurrency trading ban within the country. On Wednesday, December 13th, the South Korean government, central bank, and financial authorities had held an emergency meeting to discuss the legality of cryptocurrencies and the current state of the bitcoin and cryptocurrency exchange markets. […]

This post South Korean Government Will Regulate Bitcoin Exchanges, Refutes Ban Rumors first appeared on Coinjournal.

eToro to Assist CoinDash in Building Crypto Trading Products

Fri, 12/15/2017 - 01:33

eToro, a European social trading and multi-asset brokerage company, will assist CoinDash in the development and implementation of new crypto trading and portfolio management products. eToro is CoinDash’s largest investor. The company, which offers a social trading platform and counts seven million registered users, is known for being a cryptocurrency supporter, having added bitcoin trading […]

This post eToro to Assist CoinDash in Building Crypto Trading Products first appeared on Coinjournal.

Senior Vice President of eBay: We Are ‘Seriously Considering’ Accepting Bitcoin

Thu, 12/14/2017 - 03:26

The senior vice president of eBay Americas has said that it is ‘seriously considering’ accepting bitcoin as a payment method. Speaking to Yahoo! Finance, Scott Cutler, said that while the company was thinking about it, they are ‘not quite there yet.’ However, the consideration comes at a time when bitcoin’s price has been soaring to […]

This post Senior Vice President of eBay: We Are ‘Seriously Considering’ Accepting Bitcoin first appeared on Coinjournal.

Blockchain Security Platform NuCypher Raises US$4.3M from Cryptofunds and VCs

Tue, 12/12/2017 - 08:41

NuCypher, a privacy layer for distributed systems and decentralized applications, has raised US$4.3 million in a token pre-sale from 13 cryptofunds and venture capital firms. The round was led by Polychain Capital with participation from Michael Novogratz’s Galaxy Digital Assets Fund, FBG Capital, Compound VC, Satoshi Fund, and Blockchain Korea Partners, among others. NuCypher, a […]

This post Blockchain Security Platform NuCypher Raises US$4.3M from Cryptofunds and VCs first appeared on Coinjournal.

BnkToTheFuture Plans US$33M ICO for New Crypto Token Secondary Market

Tue, 12/12/2017 - 02:33

Equity crowdfunding platform BnkToTheFuture will launch a public token sale in February 2018 to fund the development of a tokenized platform for equity tokens trading. According to a report by Bloomberg, the company hopes to raise as much as US$33 million in its initial coin offering (ICO). The company said its new token, called the […]

This post BnkToTheFuture Plans US$33M ICO for New Crypto Token Secondary Market first appeared on Coinjournal.

Prominent Investor: Why Jamie Dimon Insisted on Calling Bitcoin a Fraud

Mon, 12/11/2017 - 04:21

Over the last year, Jamie Dimon, CEO of JPMorgan, the largest bank in the global finance sector with a market valuation of over $367 billion, has publicly expressed his opposition to bitcoin, falsely describing the cryptocurrency as a fraud and a money laundering tool. Ari Paul, the co-founder at Blocktower Capital, a cryptocurrency-focused hedge fund, […]

This post Prominent Investor: Why Jamie Dimon Insisted on Calling Bitcoin a Fraud first appeared on Coinjournal.

Fake MyEtherWallet App Becomes Top 3 Finance App on Apple Store

Sun, 12/10/2017 - 16:17

On December 9th the team behind MyEtherWallet, the most widely used Ethereum wallet, notified its users about a fake version of its wallet application being distributed via the Apple app store. Christian Lundkvist, a developer at ConsenSys and the founder of Ethereum-based data platform uPort, revealed that a copy of MyEtherWallet is currently the third […]

This post Fake MyEtherWallet App Becomes Top 3 Finance App on Apple Store first appeared on Coinjournal.

Singapore Telcoin Targets the Unbanked with New ERC20 Cryptocurrency

Sat, 12/09/2017 - 05:11

A young startup from Asia called Telcoin is looking to partner with telco operators around the world to facilitate the adoption of its cryptocurrency for payments and other financial services. Partnerships have already been signed proof-of-concept agreements with Etisalat from the United Arab Emirates, Dutch VEON Group and Telecom Tunisie. The partnership with Telecom Tunisie […]

This post Singapore Telcoin Targets the Unbanked with New ERC20 Cryptocurrency first appeared on Coinjournal.

Australia becomes World’s First to Move Stock Exchange to A Blockchain

Fri, 12/08/2017 - 12:11

The Australian Securities Exchange (ASX) has confirmed that it is to become the world’s first global market to use blockchain technology to clear and settle trades. The distributed ledger will replace the outdated Clearing House Electronic Subregister System, also known as CHESS, that ASX currently use. Even though ASX state that is continues to be […]

This post Australia becomes World’s First to Move Stock Exchange to A Blockchain first appeared on Coinjournal.

Wikipedia Co-Founder Joins Blockchain Startup Everipedia as CIO

Thu, 12/07/2017 - 18:03

Larry Sanger, the co-founder of Wikipedia, has joined blockchain startup Everipedia as chief information officer. Everipedia is building the world’s first encyclopedia on the blockchain which incentivizes content creators by allowing them to become stakeholders in the encyclopedia network themselves. Originally started in 2015 as a more modern alternative to Wikipedia, Everipedia is now developing […]

This post Wikipedia Co-Founder Joins Blockchain Startup Everipedia as CIO first appeared on Coinjournal.

Cryptokitties Leads to Serious Ethereum Congestion, ICOs Can’t Launch

Wed, 12/06/2017 - 18:03

Less than three days after CoinJournal reported that a digital cat on CryptoKitties was sold for $117,712, CryptoKitties has become the largest decentralized application on the Ethereum protocol, accounting for more than 13 percent of the network’s transactions. The popularity of CryptoKitties has peaked to the point that initial coin offerings (ICOs) can no longer […]

This post Cryptokitties Leads to Serious Ethereum Congestion, ICOs Can’t Launch first appeared on Coinjournal.

Bitcoin’s Lightning Network Version 1 RC is Here, Mainnet Beta Implementations On The Way

Wed, 12/06/2017 - 12:00

According to a post from three Lightning Network development teams on Medium, a release candidate for version 1.0 of the Lightning Network protocol has been completed, which includes compatibility between three different implementations of this layer-two scaling solution for Bitcoin. Multiple teams working on the Lightning Network first started to work towards the standardization of […]

This post Bitcoin’s Lightning Network Version 1 RC is Here, Mainnet Beta Implementations On The Way first appeared on Coinjournal.

Dash Comes to Digital Wallet and Money Transfer Service Uphold

Wed, 12/06/2017 - 05:43

Cryptocurrency Dash has been integrated into digital wallet and money transfer platform Uphold. Customers of the US-based digital money platform can now buy Dash online or on their mobile device using funds in their Uphold account. Uphold, formerly Bitreserve, is a cloud-based financial services platform that allows users to send, receive and exchange money and […]

This post Dash Comes to Digital Wallet and Money Transfer Service Uphold first appeared on Coinjournal.

What Does the Tension Between Bitcoin Developers and Miners Mean for Future Protocol Improvements?

Tue, 12/05/2017 - 12:56

During a developer panel at the recent Baltic Honeybadger Bitcoin Conference in Latvia, the panelists were asked about the prospects of future changes to the Bitcoin protocol in the context of the perceived contention between the mining and development communities. Due to the politicized nature of the Bitcoin development process, some have wondered whether implementing […]

This post What Does the Tension Between Bitcoin Developers and Miners Mean for Future Protocol Improvements? first appeared on Coinjournal.

Mark Cuban: Bitcoin Futures Approval Will be ‘Generally Positive’

Tue, 12/05/2017 - 10:00

Billionaire investor and entrepreneur Mark Cuban has said that the approval of the bitcoin futures on major exchanges will be ‘generally positive’ for the digital currency. The Chicago Mercantile Exchange (CME) Group and the Chicago Board Options Exchange (CBOE) have both received approval from the U.S. Commodities Futures Trading Commission (CFTC) to list bitcoin futures […]

This post Mark Cuban: Bitcoin Futures Approval Will be ‘Generally Positive’ first appeared on Coinjournal.

US SEC Files Charges Against PlexCorps Over Alleged ICO Fraud

Tue, 12/05/2017 - 08:54

A new division of the US Securities and Exchange Commission focusing on initial coin offerings (ICOs) has filed its first charges against a privately held company called PlexCorps and its top two officials for allegedly defrauding investors. The charges were filed in federal court in Brooklyn, New York, against Dominic Lacroix and his company PlexCorps, […]

This post US SEC Files Charges Against PlexCorps Over Alleged ICO Fraud first appeared on Coinjournal.

This Is Cantor Fitzgerald’s 2nd Foray Into Crypto, The First Did Not End Well

Mon, 12/04/2017 - 12:55

Investment firm Cantor Fitzgerald announced a bitcoin futures program set to launch in 2018. The news puts Cantor Fitzgerald on the long list of traditional money forces putting a bet on bitcoin. But this isn’t their first foray into cryptocurrencies. Back in 2015, one of its (now former) highest ranking executives became involved in a […]

This post This Is Cantor Fitzgerald’s 2nd Foray Into Crypto, The First Did Not End Well first appeared on Coinjournal.

Ethereum-Based CryptoKitten Sells For $117,712

Sun, 12/03/2017 - 12:42

According to Etherscan, the Ethereum address of CryptoKitties decentralized application (dapp) accounts for 3.84 percent of the Ethereum network’s total daily transaction volume of over 500,000 transactions. Essentially, CryptoKitties is similar to Neopets and allows users to breed and look after a digital pet. On the CryptoKitties platform, users can purchase cartoon kittens with Ether […]

This post Ethereum-Based CryptoKitten Sells For $117,712 first appeared on Coinjournal.

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