Mergers and acquisitions (M&A) are a common theme within the capital markets industry and as the cryptocurrency ecosystem matures, M&A announcements are expected to follow the same trend.The news today is that Binance, one of the world’s largest virtual currency operators, has acquired cryptocurrency wallet...
Month: July 2018
US Lawmakers Seek Blockchain Solution in Fight Against Fungal Disease – CoinDesk
A group of U.S. lawmakers has proposed the creation of a blockchain pilot as part of a wider effort to combat infectious fungal diseases. The proposed legislation came out of the Congressional Valley Fever Task Force, with the legislation being introduced by task force co-chairs Kevin...
Nobel Prize Winning Economist Paul Krugman Expresses Skepticism About Crypto, Predicts Collapse
Nobel Prize winning economist Paul Krugman has expressed his skepticism about the value of cryptocurrencies in a New York Times Opinion piece published July 31. Krugman, who was awarded the Nobel Prize in Economic Sciences in 2008, explains his position as a “crypto skeptic” by...
Former US President Bill Clinton to Give Keynote Speech at Ripple’s Fall Tech Conference
Ripple’s global payments tech conference, Swell, will start off this fall with a keynote speech from 42nd President of the United States Bill Clinton, according to Ripple’s July 31 blog post. Former President Clinton’s keynote and Q&A in San Francisco on Oct. 1 will be...
Ripple Taps Bill Clinton to Give Keynote at Upcoming Conference – CoinDesk
Former U.S. President Bill Clinton will headline Ripple’s Swell conference later this year, the cryptocurrency payments startup announced Tuesday. The 42nd President of the United States will both give a keynote address and participate in a question-and-answer session, Ripple said in a press release. The...
KPMG Report: US Blockchain Investment in 2018 to Date has Outstripped 2017’s Total
Fresh analysis from KPMG shows that blockchain investment in the U.S. in the first half of 2018 has exceeded the overall total seen in 2017, according to its biannual “The Pulse of Fintech” report released today, July 31. KPMG is one of the world’s largest...
Audit Firm to Build a Bug Prediction Market for Smart Contracts
Ethereum-based startup Solidified is developing a decentralized, smart contract audit platform, aiming to make the process easier to arrange and to provide a transparent and accountable metric of smart contract security. The company recently conducted a Seed round with Innogy New Ventures to develop a...
Binance Acquires Anonymous Mobile Wallet for Ethereum Tokens – CoinDesk
Cryptocurrency exchange Binance has acquired mobile ethereum wallet Trust Wallet, the startups announced Tuesday. The acquisition will enable Binance to add a mobile wallet to its services, while Trust Wallet will be able to tap into advantages offered by the exchange, including both its existing user...
Will Blockchain Protect the World Economy from Financial Crises?
In the blockchain movement’s ideology, the 2008 financial crisis holds a special spot. A critical juncture in the history of global capitalism, it readily provides a bedrock narrative that justifies the very purpose of a decentralized digital currency. This is what happens when we put...
Steam Yanks Game From Marketplace Over Crypto Mining Allegations – CoinDesk
Video game marketplace Steam removed an alleged crypto miner from its platform Monday amid user complaints, Motherboard reported. Steam’s parent company, Valve, booted Abstracticism from Steam for hijacking gamers’ processing power to mine cryptocurrencies. The company further banned publisher dead.team and developer Okalo Union from...