Medici Ventures’ Latest Blockchain Investment Bridges Fiat With Crypto

Medici Ventures, Overstock’s blockchain technology company, has invested an undisclosed sum in a Utah based company called Bitsy that specializes in bridging cryptocurrencies with fiat. The investment marks one of several that Medici Ventures has made in recent years as its parent company, under the leadership of CEO Patrick Byrne, continues to tout blockchain technology’s …

Cryptocurrency Firm Pantera Capital Seeks $175 Million For Third Venture Fund

Pantera Capital, which has pioneered investments in cryptocurrency assets, has set its goal for its third venture fund at $175 million, surpassing the $25 million raised for its second fund and the $13 million from its first one, according to TechCrunch. A new filing for a Pantera venture fund offering with the Securities and Exchange Commission …

$500 Million Bitmain Data Center to Bring 400 Jobs to Texas Coal-Mining Town

Bitmain, the world’s largest bitcoin miner and mining equipment maker has announced construction plans for a new blockchain data center and cryptocurrency mining facility in the city of Rockdale in Milam County, Texas. CCN earlier reported that the company released plans to construct a data center in Texas as part of an ongoing North American …

Bermuda Amends Banking Act to Favor Blockchain Startups

Bermuda continues its push to become a global hub for blockchain and fintech innovation, having recently announced plans to change its banking laws to create a class of banks catering to blockchain and fintech companies, according to Finextra. The amendment to the country’s Banking Act follows the recent passage of a Digital Asset Business Act …

40 Percent of Ontario Cryptocurrency Investors Have Sold All Their Coins

A survey conducted in Canada’s Ontario province has sought to shed light on cryptocurrency investing habits in the region as well as the views of financial consumers and their understanding of the nascent technology. The study, which was compiled by the Ontario Securities Commission’s Investor Office, revealed that at the moment 5% of Ontarians, or …

1 in 3 Germans See Cryptocurrency as an Investment Opportunity

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! German retail bank Postbank has reported that according to a recent survey, 29% of Germans believe that cryptocurrency is a desirable investment opportunity. The results from Postbank Digital Study 2018 were announced after 3,100 Germans were interviewed from the …

47% of South Africans Plan to Invest in Cryptocurrencies

Join our community of 10 000 traders on Hacked.com for just $39 per month. South Africa has the most sophisticated economy and financial sector on the continent, and its citizens are increasingly warming up to the idea of investing and trading in cryptocurrencies — despite regulatory concerns over such decentralised digital financial assets across the …

Why Cryptocurrency Miners Are Trading Bitcoin Futures

Join our community of 10 000 traders on Hacked.com for just $39 per month. Bitcoin futures, which failed to generate the investor interest some had hoped for when CME Group Inc. and CBOE Global Markets Inc. first offered them in December, are finding support from an unlikely quarter – cryptocurrency miners, according to MarketWatch. Miners …

Institutional Investors Remain Sidelined on Crypto Funds

Join our community of 10 000 traders on Hacked.com for just $39 per month. Nearly half of institutional investors, such as pension funds, wealth management offices, sovereign wealth funds, etc. aren’t sold on cryptocurrency funds, at least not yet. This according to a report by alternative investment firm Context Capital Partners LP in which hundreds …

Monex to Buy Hacked Cryptocurrency Exchange Coincheck

Join our community of 10 000 traders on Hacked.com for just $39 per month. Major Japanese online brokerage has confirmed its foray into the cryptocurrency sector by announcing its acquisition of Tokyo-based exchange Coincheck for ¥3.6 billion ($33.5 million). In an announcement on Friday, Monex confirmed it will acquire 100% of all 1,775,267 shares at …