Urban, Author at 2100NEWS

UrbanJuly 6, 2018

For the first time in history, the government of South Korea has officially recognized crypto exchanges regulated financial institutions and banks. Local publications in South Korea have reported that the financial authorities of South Korea have finalized their plans to categorize crypto exchanges as an industry called “Cryptocurrency Exchange and Brokerage” to enable trading platforms […]

UrbanJuly 5, 2018

The cryptocurrency market cap has risen from $263 billion to $276 billion in as little as six hours with Bitcoin seeing a 1.97 percent increase over the last 24 hours with a price rise of over $350 this morning according to Coinmarketcap.com. The market cap hasn’t seen this price level since June 22, 2018, signifying an overall […]

UrbanJuly 5, 2018

At the Building on Bitcoin conference this week, Jameson Lopp, former lead engineer at BitGo and engineer at CasaHODL, revealed that an estimated 4 million BTC are lost and 2 million BTC are stolen. As of July 2018, a total of 6 million BTC are left inaccessible and permanently lost on the bitcoin blockchain. Given […]

UrbanJuly 5, 2018

Cryptocurrency exchange and brokerage giant Coinbase announced this week, to much fanfare, that it had onboarded 10 customers for its new institutional-grade custody service. However, it seems that the firm’s partner in the venture, Electronic Transaction Clearing (ETC), has a less-than-stellar reputation when it comes to safeguarding customer funds. Though Coinbase is in the process of acquiring regulatory approval […]

UrbanJuly 4, 2018

A retail investment platform called Republic recently completed $12 million in financing to tokenize its platform and introduce its own security token, led by Binance Labs and NGC ECO Fund. The financing round was also supported by ZK Capital, Oyster Ventures, FBG Capital, Hazoor Capital, East Chain, Zhen Fund and others. Source: Republic Republic — which last year […]

UrbanJuly 4, 2018

Two Brazilian football teams, Atlético-PR and Corinthians, have reportedly recently signed partnerships with Hong Kong-based crypto startup Inoovi, which recently launched its “IVI” token specifically for the sport. According to local news outlet Portal do Bitcoin, the president of Atlético-PR’s Deliberative Council, Mario Celso Petraglia, revealed the partnership this week, announcing it as an “innovation in Brazil’s […]

UrbanJuly 4, 2018

Chinese cryptocurrency wallet startup imToken may not have much name recognition in the West, but the firm, which raised $10 million during its recently-concluded Series A funding round, claims to operate the world’s largest ethereum wallet, which boasts more than 4 million active users. ImToken recently added support for EOS to its multi-currency wallet, which previously supported BTC in […]

UrbanJuly 3, 2018

Today Coinbase announced that it has officially opened up Coinbase Custody for institutional investors. The announcement, written by Sam McIngvale, product lead at Coinbase Custody, stated that Coinbase Custody accepted its first deposit last week before its official launch today. McIngvale states, Over the coming weeks, we’ll continue on-boarding a set of world-class clients that includes leading […]

UrbanJuly 3, 2018

PwC, a Big Four auditor alongside KPMG, Deloitte, and EY, reported that 537 initial coin offerings (ICOs) conducted in the first five months of 2018 generated $13.7 billion. Where Did $13.7 Billion Come From and Where Did it Go? The report cited Daniel Diemers, the head of Blockchain EMEA at PwC Strategy, who in cooperation […]

UrbanJuly 3, 2018

Cardano creator Charles Hoskinson is wont to complain that his project gets unfairly overlooked by mainstream media outlets, but the cryptocurrency, eighth-largest in the world by market cap, has nevertheless attracted the attention of one of the world’s largest tech companies: Google. Hoskinson, an Ethereum co-founder and co-creator of blockchain development firm IOHK, was recently invited to Google’s […]

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Author: Urban

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