Blockchain Daily News – Soft launch Edition #21, 22.06.2017
June 22, 2017
Blockchain Daily News – Soft launch Edition #23, 26.06.2017
June 26, 2017

Blockchain Daily News – Soft launch Edition #22, 23.06.2017

Blockchain Daily News

by Florin Oprea

Edition #22, 23.06.2017

Deals, Investments & M&As

Blockchain Raises $40m From Lakestar And Google’s Venture Arm

Oscar Williams-Grut – Business Insider

Bitcoin Startup Blockchain Taps $40 Million in New Funding

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.

Top 5 Cryptocurrency ICOs For June And July 2017

The Merkle

FAO: And here’s the list: PRIMALBASE, TEZOS, EVEREX, DENT, CIVIC.

Cryptocurrencies

How Big Is Bitcoin, Really? This Chart Puts It All In Perspective

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….

On Bitcoin, India’s Government And Tech Companies Find Common Ground

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.

Exchanges & Trading Venues

New Ethereum-Based Decentralized Cryptocurrency Exchange Aims to Improve Security and Transparency

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.

Coinbase Appeals Decision in Cryptsy Collapse Lawsuit

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.

BitPeople

Cryptocurrency Liquidity Solutions For FX brokers: Conversation With B2Broker CEO Arthur Azizov

Leap Rate

Latest Developments & Agreements

EY Launches Blockchain Financial Services Center In New York

ETH News

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.

Regulation

The EU And Blockchain: Taking The Lead?

Finextra

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.

Startups, Accelerators & Hubs

Startups See Service Outages Amid Ethereum Blockchain Backlog

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.

Analysis

Ethereum Briefly Crashed From $319 To 10 Cents In Seconds On One Exchange After ‘Multimillion Dollar’ Trade

Arjun Kharpal – CNBC

Bitcoin And Ethereum Crash… For A Few Minutes

Seeking Alpha

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…

Aberdeen Says Cryptocurrency Bubble Will Burst Even If Coins Change Finance

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