by Florin Oprea
Oscar Williams-Grut – Business Insider
Nate Lanxon – Bloomberg
Blockchain, the London-based bitcoin currency service provider, has raised $40 million of fresh funding, representing one of the largest investment rounds in the financial technology sector since Britain’s vote to leave the European Union.
PHILIPP SANDNER, Frankfurt School Blockchain Center: Big IT companies such as Google have been rather quiet concerning blockchain technology so far. Therefore, this investment is a bold statement.
FAO: And here’s the list: PRIMALBASE, TEZOS, EVEREX, DENT, CIVIC.
Sue Chang – MarketWatch
Bill Gates’s net worth still beats bitcoin’s entire market cap.
FAO: Yeah but he is the richest person in the world….
Sindhuja Balaji – Forbes
The Bitcoin craze is catching on in India. While tech geeks and young investors eye the digital cryptocurrency as its value soars, the government, too, is contemplating a course of action surrounding its regulation.
Diana Ngo – Coinjournal
Hong Kong’s Open ANX Foundation has unveiled openANX, a project aimed at building a new decentralized cryptocurrency exchange and trading platform built on the Ethereum blockchain.
Stan Higgins – CoinDesk
Coinbase is appealing a court decision from earlier this month in a lawsuit filed on behalf of customers of the now-defunct cryptocurrency exchange Cryptsy.
FAO: Although we are in soft launch, we cover topics globally – we covered this also – here.
The Financial Services Innovation Center is a part of the firm’s global innovation network wavespace, but the key focus is in helping financial services organizations achieve breakthroughs.
Long time the European Union has taken a positive, but wait-and-see attitude towards blockchain and distributed ledger technology. Both related to use cases and regulatory intervention. But that is changing rapidly.
FAO: As I already commented in our sister publication, FinTech Daily News, it’s better late than never for Europe to move this way.
Stan Higgins – CoinDesk
The ethereum blockchain is beginning to show signs it’s being impacted by a new influx of users.
Amid a surge in mainstream media interest, not to mention projects raising funds via ICOs, transaction backlogs were visible on the network. Data from Etherscan shows that more than 300,000 transactions were broadcast on 20th June, the highest amount ever observed on the two-year-old blockchain.
FAO: As I said yesterday, these are just growing pains.
Arjun Kharpal – CNBC
This event doesn’t change the fundamental bullish case for investing in Ethereum. Although, it highlights the risks.
FAO: Risks are part of our daily life. Humanity cannot evolve without people taking some risks…
Camila Russo – Bloomberg
Peter Denious, head of global venture capital at Aberdeen Asset Management Plc, said we’re in the midst of a virtual currency bubble, and like all bubbles, it will eventually burst.
FAO: The stock market changed the economy at the beginning of the last century, and the global stock market crashed in the 1929…you can’t make an omelette without breaking eggs…
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News