Blockchain 

IBM Blockchain | Santander Bank Enters $700 Million Deal with IBM

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s services by using innovative technology such as blockchain, AI, and big data. IBM will take care of the technology behind its new services. IBM has been leading the blockchain revolution in business across the globe. Only…

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Cryptocurrency 

Tangem Crypto Wallet | Japan’s SBI Group Invests $15 Million

Announced today, Japanese banking giant SBI Group has invested in Swiss crypto startup Tangem. The company is the creator of a slimline hardware cryptocurrency wallet. SBI Group Invests in Tangem SBI is offering its support to Tangem with a $15 million USD investment. It will use the capital to expand into areas such as stablecoins, ICOs, tokenized asset offerings, and digital identity. Tangem Crypto Wallet Described by the company as a “smart banknote for digital assets,” Tangem’s cryptocurrency wallet mimics a bank card in that it allows a user to make off-chain physical transactions.…

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Cryptocurrency 

Crypto Users Increased to 35 Million in 2018

As we approach the new year, it’s time to reflect on all that happened in 2018. In the cryptocurrency sector, there were a few ups and downs, more so than in 2017, the year the crypto boom took flight. But while various companies (and coins) had their share of plunges, the number of crypto users in 2018 doubled. Well, almost. Crypto Users in 2018 On Wednesday, December 12th, the Cambridge Centre for Alternative Finance published a study detailing the number of ‘verified’ crypto users the sector gained in 2018. The…

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Blockchain 

Orbs Blockchain | Raises $15 Million With Kakao’s Help

South Korean app provider, Kakao, has helped to raise over $15 million in cryptocurrency for Orbs, a hybrid blockchain platform. Orbs Blockchain Raises $15 Million Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example.” It also builds on the pair’s existing partnership; Orb already partners with Kakao’s blockchain subsidiary, Ground X. The two companies develop blockchain applications, along with researching and developing projects. The latest investment will “focus on helping Orbs further the protocol’s development…

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Blockchain 

Golden Gate Ventures | To Launch $10 Million Blockchain And Crypto Fund

Capital firm Golden Gate Ventures (GGV), based in Singapore, is planning to launch a $10 million USD fund exclusively for blockchain and cryptocurrency investments. The fund will be accessible for cryptocurrency start-ups as well as established blockchain companies looking for further investment. The announcement was made via Reuters, early today August 10th.  Who is Golden Gate Ventures? Golden Gate Ventures is one of Southeast Asia’s leading venture capital firms. The new fund will see the GGV invest in start-up companies such as cryptocurrency exchanges, security providers, and blockchain tech startups. This…

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Ethereum 

Ethereum (ETH) | Foundation Hands Out Over $3 Million in Awards

The Ethereum (ETH) Foundation has just announced its fourth set of grants given out to 20 individuals and groups working on the Ethereum blockchain. [Blog] Ethereum Foundation Grants Update – Wave IV #ethereum #grants https://t.co/Xw39mmIX93 pic.twitter.com/gu0csjFlNk — Ethereum (@ethereum) October 15, 2018 Ethereum (ETH) Grants According to the official press release, the total amount of the fourth round of awards was just over $3 million USD. >> TRON (TRX) ‘Partnership’ with Baidu has Nothing to Do with Blockchain In the announcement, the Ethereum Foundation expresses its gratitude to members of…

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Bitcoin 

Small Bitcoin Fee | Only 10 Cents for $194 Million on the Bitcoin Network

According to sources, on October 16th, a Bitcoin user managed to transfer 29,999 BTC with a transaction fee of only $0.10. This amount of Bitcoin equates to $194 million, and a transaction of this magnitude would usually incur bank fees in the tens of thousands of dollars. With such a small Bitcoin fee for such a large transaction, will we see widespread adoption for big over-sea payments? Small Bitcoin Fee Bitcoin transactions are a funny one. Often, complaints roll in by the dozen about the cost of transaction fees because…

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