GMO Internet’s Crypto Mining Facility Is Up and Running

GMO Internet, a publicly listed IT firm in Japan, has officially launched its cryptocurrency mining operation. The mining unit was previously unveiled in September, with a goal of going live with it in the first quarter of 2018. GMO has pursued a number of cryptocurrency-related business lines in the past year, including an exchange platform… Continue reading GMO Internet’s Crypto Mining Facility Is Up and Running

Morgan Stanley: Hedge Funds Poured $2 Billion into Cryptos in 2017

Banking giant Morgan Stanley has estimated that hedge funds invested a massive $2 billion in cryptocurrencies this year. According to Business Insider, the figure was released in a note entitled “Bitcoin Decoded” sent by Morgan Stanley to its clients this week. The investment bank further detailed that more than 100 crypto-related hedge funds have sprung… Continue reading Morgan Stanley: Hedge Funds Poured $2 Billion into Cryptos in 2017

Belarus Legalizes Cryptocurrency Payments & Initial Coin Offerings (ICOs)

Belarus, a country wedged between Russia and the European Union, recently legalized cryptocurrencies and Initial Coin Offerings (ICOs), in a move that’s set to drive private sector growth and attract foreign investors to the country, a former communist republic that’s still dominated by its state, filled with inefficient enterprises, and dependent on its neighbor Russia’s… Continue reading Belarus Legalizes Cryptocurrency Payments & Initial Coin Offerings (ICOs)

Ripple Escrows 55 Billion XRP for Supply Predictability

Original Release on: December 7, 2017 Earlier this year, we committed to placing 55 billion XRP in a cryptographically-secured escrow account to create certainty of XRP supply at any given time. As promised, today we completed the lockup. By securing the lion’s share of XRP in escrow, people can now mathematically verify the maximum supply… Continue reading Ripple Escrows 55 Billion XRP for Supply Predictability

$300 Billion Is a Drop In the Ocean, Bitcoin Is Still a Baby and Can’t Be a Bubble

Looking at the total market cap of the cryptocurrency market, which recently crossed over the $300 bln mark, it is both exhilarating and terrifying at the same time. This digital currency world that came into being less than 10 years ago has grown astronomically in such a short space of time. Indeed, 2017 alone has… Continue reading $300 Billion Is a Drop In the Ocean, Bitcoin Is Still a Baby and Can’t Be a Bubble

UC Berkeley, KyberNetwork Partner for Decentralized Exchange Research

Digital asset platform KyberNetwork is teaming up with a University of California, Berkeley, blockchain group to study ways to build better decentralized exchanges. The group, Blockchain at Berkeley, announced the new research partnership yesterday, stating that the two groups would be looking at aspects of trading, such as diversity, strategies and sustainability, specifically within KyberNetwork’s… Continue reading UC Berkeley, KyberNetwork Partner for Decentralized Exchange Research

QUOINE Raises 350 Million QASH In Significantly Oversubscribed ICO

QUOINE’s ICO, also known as the QASH Token Sale, started on November 6th at 00:00AM SGT. The QASH Token Sale had 4,988 participants from 98 countries around the world. At the end of the sale on November 8th at 23:59PM SGT, the allocation of 350 million QASH (the equivalent of 350,000 ETH or USD105 million)… Continue reading QUOINE Raises 350 Million QASH In Significantly Oversubscribed ICO