Category Archives: Blockchain News

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Price-Stable Cryptocurrency Project ‘Basis’ Raises $133 Million in Funding

Price-Stable Cryptocurrency Project ‘Basis’ Raises $133 Million in FundingBasis, formerly Basecoin, has raised $133 million in a private placement, chief executive Nader Al-Naji revealed today. The Hoboken, N.J.-based project plans to create a stable cryptocurrency with an algorithmic central bank that will keep the price stable, something that has eluded cryptocurrency to date and limited… Read More »

Rockefellers Go Long On Cryptocurrencies to Invest in Blockchain Startups

Rockefellers Go Long On Cryptocurrencies to Invest in Blockchain StartupsThe Rockefeller family’s venture-capital arm is moving into cryptocurrencies. Venrock (“Venture” plus “Rockefellers”) is partnering with the cryptocurrency investor group, CoinFund, to help entrepreneurs launch blockchain-based businesses. “We wanted to partner with this team that has been making investments and actually helping to architect a number… Read More »

Central Bank Cryptos, Vitalik Trolls and Hard Forks: This week in Crypto

Central Bank Cryptos, Vitalik Trolls and Hard Forks: This week in CryptoMake sure you check out last weeks post here, now let’s go over what happened in crypto this week.  Price Watch: Bitcoin is up 3%  this week gaining back some of the 20% it lost last week. The price was largely sideways this week retesting… Read More »

West Virginia Becomes First state to Implement Blockchain Mobile Voting Solution

West Virginia Becomes First state to Implement Blockchain Mobile Voting SolutionWest Virginia is testing a secure military mobile voting solution for military service members who can’t vote in person.  It will become the first such state to test mobile voting by blockchain in a federal election . Secretary of State Mac Warner has declared the… Read More »

Central Banks: Blockchain Will Overhaul Securities Settlements

Central Banks: Blockchain Will Overhaul Securities SettlementsThe European Central Bank and the Bank of Japan have released a joint report claiming that distributed ledger technology (DLT) can generate new securities settlement mechanisms, such as “cross-chain atomic swaps” among unconnected ledgers. The 52-page report is titled, “Securities settlement systems: delivery-versus-payment in a distributed ledger environment.” DLT’s… Read More »

US Treasury Offers Advice to Government Agencies Interested in Blockchain

US Treasury Offers Advice to Government Agencies Interested in BlockchainThe US Department of the Treasury published a blog post offering advice to other government agencies that are interested in adopting blockchain or distributed ledger technology (DLT) in their internal systems. The post, which was drafted by the Treasury’s Bureau of the Fiscal Service (BFS), includes… Read More »

Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review

Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in ReviewWhat happened in crypto this week? Price Watch Bitcoin is up 16% this week to $9,000. This comes as part of an increase across the entire cryptocurrency market. It’s also likely the result of higher trading volumes. Fundstrat’s Thomas Lee made a price… Read More »

Facebook’s Data Security Meltdown Could Bolster Blockchain: Analyst

Facebook’s Data Security Meltdown Could Bolster Blockchain: AnalystThe social media giant shouldn’t mistake the forest for the trees. While Facebook continues to reel from a security breach involving the personal data of tens of millions of users, they may just have demonstrated the value of an unalterable public ledger, aka blockchain. RBC Capital Markets analyst Mitch… Read More »

‘We Need an International Discussion on Cryptocurrencies’: OECD’s Medcraft

‘We Need an International Discussion on Cryptocurrencies’: OECD’s MedcraftGreg Medcraft, Director of the Directorate for Financial and Enterprise Affairs of the OECD, recently revealed that he believes we need an “international discussion on cryptocurrencies,” and that blockchain technology will propel the “next revolution.” During an interview on the sidelines of G20 with Brazilian news outlet… Read More »