Pangea Blockchain Fund closes $22 million round
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by bitrazzi.com
3y ago
Pangea Blockchain Fund announced the close of its seed round and debuted its inaugural International fund focused on transformative blockchain solutions. The firm recently closed a $22,000,000 fund and expects fundraising to cap at $200,000,000. The firm’s debut fund attracted a distinguished group of investors including Bitcoin.com owner Roger Ver. Blockchain Investment Advisory Sagl co-founder James Duplessie said: “Blockchain technology has the potential to change the nature of the systems that lie beneath the things we do every day and could be the greatest driver of value creation in ou ..read more
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SWIFT announcing plans for PoC with blockchain software company R3
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
Global messaging technology company SWIFT, has revealed its plans to integrate with enterprise blockchain software firm R3. This plan includes launching a Proof-of-Concept (PoC) of a gateway that will allow R3 to link to Global Payments Innovation payments from their platform. While speaking at the Paris Fintech Forum, SWIFT CEO Gottfried Leibbrandt said that they would be announcing the integration later today. Leibbrant was speaking in a panel with the CEO of Ripple Brad Garlinghouse, which is a rival company. During this panel Leibbrant said: “Our new gpi platform is e ..read more
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Circle releasing third audit report of USDC
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
Circle, a cryptocurrency financial company which has been funded by Goldman, has released their third report on the USDC stablecoin. The USDC stablecoin is an Ethereum based token which had been announced in May, 2018, after the company raised 110 million dollars in an investment round. The company states in the report that they have sufficient capital to back each individual token on a 1:1 basis. According to the report that published on the 16th January, 251,211,148 USDC tokens were issued and outstanding on 31 December 2018, while the company holds 251,211,209 dollars in deposits ..read more
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NASA looking to add security to Air Traffic with Blockchain Technology
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
We already know that Bitcoin is slowly moving towards space. Now the National Aeronautics and Space Administration – NASA – also wants to use blockchain technology for its infrastructure. An aero-computer engineer at NASA Ames Research Center suggested that blockchain networks and smart contracts could help decreasing some security problems and enable private and anonymous communication with air traffic services. The U.S. government proposed a way to secure data about military and corporate activities using the blockchain. “The design innovation is the use of an open source permissioned block ..read more
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Parity Technologies receives 5 million dollars from Ethereum Foundation
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
The Ethereum Foundation has given Parity Technologies a 5 million dollar grant, which it has announced in a blog-post. The foundation had publicly announced 17 million dollars toward projects that contribute to at least one of its three focus areas: scalability, usability, and security. According to them, Parity has all of these qualities. Parity Technologies, which has been founded in 2015, is an infrastructure and innovation focused company that aims to enable businesses and organisations to capitalise on blockchain technology. This grant will fund Parity’s work on Casper, sharding, li ..read more
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Circle realizing OTC trades worth 24 billion dollars in 2018
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
One of the leading over-the-counter (OTC) trading desks which belongs to the US-based cryprocurrency company Circle, wrote in a report that its trades hit a total volume of 24 billion dollars in 2018. According to the statement that was published on 3rd of January, the trade desk of Circle executed more than 10 thousand OTC trades over the year with 600 counterparties spanning over 36 assets and reached a total volume of 24 billion dollars in notional volume. Over-the-counter (OTC) trading gives traders the ability to exchange without the interference of third parties. This service is attract ..read more
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Cryptocurrency companies Bitmain and Huobi plan layoffs after Bitcoin’s fall
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
After the huge fall of value of cryptocurrencies in the last months, two of the crypto giants Bitmain and Huobi announced to cut jobs, following ConsenSys, which also made a similar announcement. It is not a surprise that the industry is scaling back operations and companies lay off staff. Chinese cryptocurrency company Bitmain, which has been one of the top mining hardware manufacturers, said in a statement that they would be undergoing some adjustments to their staff the next year as it continues to build sustainable business. A spokesman denied rumours that are going around on social media ..read more
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Facebook building a cryptocurrency for WhatsApp
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
Rumours have been going around about Facebook seeking to develop a cryptocurrency for WhatsApp transfers. Apparently, the focus is on a stablecoin that will let users transfer money in the remittance market in India. There is no certain information about when it will launch but according to Facebook, it is not going to be so soon. The company is still in the process of developing strategies and a plan for custody assets to protect the value of the stablecoin. Facebook had a very scandalous year, and we often heard its name connected to negative things, but their ambition about crypto appears ..read more
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U.K. crypto holders can offset profits and reduce tax
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
The tax agency of U.K. (HMRC) has published a detailed explanation on December 19, about crypto assets, what they are, how individuals will be taxed and who can qualify as a cryptocurrency trader. This report specified the details on how individual crypto holders will be taxed and which records they need to keep. The report indicates: “HMRC does not consider cryptoassets to be currency or money. This reflects the position previously set out by the Cryptoasset Taskforce report (CATF). The CATF have identified three types of cryptoassets which are; exchange tokens, utility tokens and security ..read more
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“Blockchain Developer” becoming the top emerging job in the U.S.
Bitrazzi - Bitcoin, Cryptocurrency And Blockchain News
by Rebecca Feulner
3y ago
According to the “LinkedIn 2018 Emerging Jobs Report” published on the 13th of December, blockchain developer is the top emerging job in the United States. The reason for this is the continuous interest in cryptocurrency states the report. The “Blockchain Developer” job, reaches the top of the list with the 33 times growth this year, and demand coming from companies such as IBM, Consensys, and Chainyard in cities including San Francisco, New York, and Atlanta. Even though the value of Bitcoin has fallen from around 20.000 dollars to 4000 dollars this year, the number of consumers purchasing t ..read more
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