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Day: May 3, 2018

cryptocurrency May 3, 2018

Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Observations of the crypto market give impression that “when Bitcoin sneezes, the cryptocurrency market catches a cold”, – in traditional stock markets this would not be the case. […]

cryptocurrency May 3, 2018

In today’s Crypto Minute: Telegram cancels Public ICO, Goldman Sachs to launch trading desk, and Coinbase discloses corporate data. Telegram Cancels Public ICO, raises $1.7 Billion in Presale According to an article by CCN, Telegram, the encrypted messaging app has canceled plans to hold a public ICO after raising $1.7 billion in funding from private investors […]

cryptocurrency May 3, 2018

Put enough heads together and you might just solve governance. At least, that was the idea behind a private, two-day meeting of top researchers, who met in Toronto this week to discuss how decisions should be made on ethereum, the world’s second most valuable blockchain network. Named “EIP:0,” a nod to the platform’s process for accepting […]

cryptocurrency May 3, 2018

The concept of microinsurance is getting a shot in the arm from new technologies, not least among them blockchain. A term coined at the turn of the millennium, “microinsurance” is often defined as coverage for people on very low incomes. However, the concept has run up against many of the problems faced by microfinance generally. […]

cryptocurrency May 3, 2018

Bitcoin trading is supposed to be big business. That isn’t the case for Square. According to its 10-Q quarterly report filed with the US Securities and Exchange Commission, Square brought in approximately $34.1 million in revenue from its bitcoin transactions during the first quarter of the year. That sounds terrific at first glance but, unfortunately, […]

cryptocurrency May 3, 2018

The Ethereum Foundation continues to fund research and development for the advancement of the distributed application platform. Today’s grants provide insight into what critical infrastructure the foundation is focusing on. The Ethereum Foundation announced its latest wave of grants today, which will fund 22 ecosystem projects with $2.84 million. The grants will be used to […]

cryptocurrency May 3, 2018

Telegram’s plans to launch a multi-billion-dollar initial coin offering for its Telegram Open Network project hit the skids upon news that early-accredited investments met Telegram’s fundraising goal. Per a report by The Wall Street Journal, a “person familiar with the matter” of Telegram’s fundraising exploits said the company canceled the public portion of its ICO, […]

cryptocurrency May 3, 2018

Alexis Ohanian, a co-founder of Reddit, said that he predicts the price of Ethereum (ETH) will reach $15,000 in 2018, Fortune reports May 2. Ohanian, who now works full-time at a venture capital (VC) firm Initialized Capital, said in an interview, “At the end of the year, Bitcoin will be at $20,000. And Ethereum will […]

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