Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Through a new Series C funding round, American life insurance startup Ethos has successfully pulled in an additional $60 million investment, driving the company’s valuation all the to the neighborhood of $500 million.
Indoor fitness startup Peloton gears up for an IPO after strong fiscal 2019 ending June. The company generated over $900 million in revenue and is valued at over $4 billion.
The upcoming CME futures expiration set for Friday is expected to have a significant effect on the next bitcoin price action as the biggest cryptocurrency threatens to plunge below the $10,000 mark.
In recent news, Raisin, a fintech startup which offers a marketplace for savings and investment products, has acquired Fairr, which is a German startup aiming to disrupt the pensions industry.
The vast cash hoard of Warren Buffett’s company, Berkshire Hathaway Inc., has been vaster only once before – just before the worst financial crisis since the Great Depression.
After raising more than $1 billion in one of the most successful ICOs in the crypto sector, Telegram is now ready to launch its Gram tokens by October. Button Wallet has also announced it will facilitate trading of the tokens.
Recently in an AMA (ask me anything) session the Binance CEO, Changpeng Zhao or CZ, addressed Binance users and followers by revealing many details about the upcoming futures trading platform.
Silvergate Bank will allow Gemini’s customers deposit and withdraw U.S. Dollars from their accounts in real-time. This will help the customers to switch in and out of the crypto markets quickly.
People’s Bank of China is said to be preparing for issuing its own cryptocurrency in the coming days. According to sources, the first beneficiaries of China’s CB/DC are Alibaba, Tencent, Union Pay, and others.
Activision Blizzard has seen its stock jump upwards of 6% following the release of World of Warcraft Classic on Monday night. The increase in stock price comes after WoW peaked at 1.1M+ viewers on Twitch Monday.
Ahead of the Libra launch, Facebook has kicked off a bug bounty program, allowing developers to find bugs within the Libra project and get paid for their findings. Facebook hopes this will ensure a much more secure Libra.
After nearly a decade of evolution, public blockchains have been greatly improved in technology, their long-believed cornerstone. Despite the “impossible trinity” still exists, they feel it no more urgent to strike a balance among performance, security and decentralization, thanks to many alternative solutions emerging on the horizon.
Chrismas celebration comes early for 300 million Telegrams users as they are expected to gain from Button Wallet crypto’s trading, which is expected to launch in October this year.
Nomics has just announced a new service called Transparent Volume. This will be used by investors and other interested stakeholders to determine how much publicly recorded trading volumes are real and not falsified.
An analyst has shown data that seems to belittle all forecasts that currently see Bitcoin hitting $20k in 2019. According to the data, there is a 93% chance that Bitcoin will stay below its all-time high.