Analysis

Blockchain-based customer relations manager (CRM) Cere Network just closed a $3.5 million seed round. Backed by Binance Labs, Neo Global Capital, and Arrington XRP Capital, among multiple others, Cere Network opened a New York office and will announce an innovation lab in Berlin during Berlin Blockchain Week. Cere Network provides a blockchain service for integrating
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Israel’s Fintech regulator is rearranging its licensing regime to encourage competition in the field. The Israeli Capital Market Authority is looking to change how fintech licenses are distributed in Israel according to a Monday announcement reported by Israeli daily newspaper Calcalist. Some 2,000 fintech and blockchain-businesses are currently seeking licenses from the state regulator. Due
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The World Bank has issued a second round of its landmark blockchain bonds. The international financial institution raised another $50 million AUD ($33.8 million U.S.) by selling the “blockchain-operated debt instrument” (bond-i), according to Commonwealth Bank of Australia (CommBank), which managed the sale jointly with RBC Capital Markets and TD Securities. Both new and existing investors
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Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users different levels of access to the stored funds. The second-largest U.S. bank, based in Charlotte, N.C., filed an application entitled “Multi-Tiered Digital Wallet Security” with the United States Patent and Trademark Office (USPTO) in February 2018. The
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Ethereum’s Vitalik Buterin says improving blockchain scalability could slash costs “by over 100” for every crypto transaction. | Source: Abra/YouTube By CCN Markets: Ethereum co-founder Vitalik Buterin says improving scalability could slash crypto transaction costs by a factor of “over 100.” That’s crucial, considering that blockchain has become so much “bigger than bitcoin.” Moreover, Buterin
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Cryptocurrency custodian BitGo has announced the addition of Xapo‘s Pete Najarian to its executive team. Joining as the chief revenue officer, Najarian is tasked with global sales strategy. Najarian was senior vice president of institutions at bitcoin service provider Xapo before joining BitGo. Coinbase Custody announced its acquisition of Xapo’s institutional business last week. Speaking
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The Takeaway: Telegram’s long-awaited blockchain, Telegram Open Network, is said to be scheduled to launch Oct. 31, but the yet-to-be-issued gram tokens are already trading in an unauthorized secondary market. Telegram has yet to publicly or formally acknowledge the project, but investors in last year’s $1.7 billion token offering, widely publicized in the press, are
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The “big reveal” by the latest self-proclaimed Satoshi Nakamoto was an epic failure that overpromised and underdelivered. | Source: Shutterstock By CCN Markets: The latest self-proclaimed Satoshi Nakamoto overpromised and underdelivered in Part 1 of his “big reveal” — probably to the surprise of no one in crypto. In a meandering blog post, the self-proclaimed
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