Category Archives: Blockchain

eToro bringing crypto trading and wallet to the US

eToro, the social investing and trading platform, announced that it will finally be launching its platform in the US. The platform, which already operates in more than 140 countries, will be available in 30 states and two territories with plans to expand elsewhere in the US after receiving the necessary regulatory sign-offs. The US platform will only support trading for crypto assets at launch, but eToro plans to add additional asset classes within the next 12 months. In eToro’s existing markets, the company’s ten million-plus users are […]

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Red Cat wants to track drone flight data on the blockchain

Red Cat, a startup that wants to store drone flight data on the blockchain to guarantee immutability, announced the second Beta of its drone data platform today. Jeff Thompson, CEO of Red Cat says in 2017 he was looking at what was holding back the commercial drone business and the need for a black-box kind of system became apparent to him. The so-called black box is really a flight recorder that tracks data about a flight. He believed he could create a platform to reproduce this capability […]

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Neutrino employees who once worked for a controversial surveillance tech company will leave Coinbase

Last month, Coinbase’s acquisition of blockchain analytics startup Neutrino was criticized because of the founders’ ties to a controversial surveillance technology company called Hacking Team. Today Coinbase CEO Brian Armstrong said in a blog post that employees of Neutrino who had previously worked at Hacking Team will transition out of Coinbase, instead of joining its team in London as originally planned. Neutrino maps blockchain networks, focusing on crypto token transactions, and one of its main services is working with law enforcement to track stolen digital assets, investigate […]

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Tide Foundation gives consumers full control of personal data on blockchain

It seems that on a regular basis, we hear about massive data breaches or companies sharing highly personal information with third parties without a consumer’s permission or knowledge. The Tide Foundation wants to change that by giving consumers complete control over their personal data on the blockchain by allowing them to manage their own encryption keys. The startup wants to take that notion a step further by giving users the ability to sell that personal information in an open marketplace that the company is announcing today. “The […]

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Melonport dissolves in favor of its protocol, setting a new bar for the blockchain world

In the world of blockchain, it is the sector of Fintech where most think Satoshi’s invention will have the greatest impact. And in finance there are few more elite worlds than those of asset management. So it’s of some significance that a two-year long project to disrupt and open up this world using blockchain has now come to fruition. Last Friday in Zug — a small provincial Swiss town which has embraced crypto startups — the Melonport startup consciously chose to dissolve itself and release its Melon […]

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The plot to revive Mt. Gox and repay victims’ Bitcoin

It was the Lehman Brothers of blockchain. 850,000 Bitcoin disappeared when cryptocurrency exchange Mt. Gox imploded in 2014 after a series of hacks. The incident cemented the industry’s reputation as frighteningly insecure. Now a controversial crypto celebrity named Brock Pierce is trying to get the Mt. Gox flameout’s 24,000 victims their money back and build a new company from the ashes. Pierce spoke to TechCrunch for the first interview about Gox Rising — his plan to reboot the Mt. Gox brand and challenge Coinbase and Binance for the […]

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Crypto exchange Kraken acquires Crypto Facilities

Cryptocurrency exchange Kraken just closed its biggest acquisition to date. The company is buying Crypto Facilities in a nine-figure deal. Crypto Facilities is an exchange and index provider regulated by the Financial Conduct Authority in the U.K. In particular, Crypto Facilities lets you trade futures on multiple cryptocurrency pairs. Following this acquisition, some Kraken users can now access both spot and futures trading. The company also has an OTC service for large orders. Futures are limited to six pairs for now. Kraken currently has 4 million users […]

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NYSE operator’s crypto project Bakkt brings in $182M

The Intercontinental Exchange’s (ICE) cryptocurrency project Bakkt celebrated New Year’s Eve with the announcement of a $182.5 million equity round from a slew of notable institutional investors. ICE, the operator of several global exchanges, including the New York Stock Exchange, established Bakkt to build a trading platform that enables consumers and institutions to buy, sell, store and spend digital assets. This is Bakkt’s first institutional funding round; it was not a token sale. Participating in the round are Horizons Ventures, Microsoft’s venture capital arm (M12), Pantera Capital, Naspers’ fintech […]

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Layer1 wants to thrive in the age of the crypto crash

A year ago, crypto was reaching ever new highs, and I was talking about whether ICOs would supplant the VC funding round and warning about Kim Jong Un’s crypto trading operations. And then the world turned upside down. Crypto prices are near rock-bottom prices, with Bitcoin hanging around $4,000 and Ethereum around $113, down from their highs earlier this year of around $16,600 and $1,400, respectively. While that has put a dampener on the enthusiasm of a lot of cryptocurrency retail investors, the bigger question is how […]

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Spot is a cryptocurrency app to control all your wallets and exchange accounts

Meet Spot, a beautifully designed mobile app to control your cryptocurrencies. Spot looks like a portfolio-tracking app. But the company has built a strong foundation to add more features in the coming months. Spot wants to be your unique gateway to the world of cryptocurrencies. “Spot’s vision isn’t to build a portfolio tracker — we went a bit overboard with this feature,” co-founder and CEO Edouard Steegmann told me. “Eventually, we want to become the app to manage all your cryptos, a sort of Revolut but with […]

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