Blockchain Daily News – Soft launch Edition #2, 23.05.2017
May 23, 2017
Blockchain Daily News – Soft launch Edition #4, 25.05.2017
May 25, 2017

Blockchain Daily News – Soft launch Edition #3, 24.05.2017

Blockchain Daily News

by Florin Oprea

Edition #3, 24.05.2017

Deals, Investments & M&As

R3 Raises $107m

Jonathan Shieber – Tech Crunch

Leading investors included SBI Group, Bank of America Merrill Lynch, HSBC, Intel and Temasek.

Read the press release here.

FAO: The third and final tranche will be accessible to R3 members and non-R3 institutional investors

Cryptocurrencies

NEM Gains 500% in May as the Fifth Largest Cryptocurrency

Joseph Young – cryptocoinsnews

A major factor that has allowed NEM to transform into one of the most popular altcoins in Japan is its development team and company composed of Japanese founders and talents. NEM was initially developed and introduced in Japan by Makoto Takemiya, the co-founder and CEO of Soramitsu, the company that has also introduced the Iroha blockchain project to the Linux foundation’s Hyperledger Project.

Exchanges & Trading Venues

Bitstamp Will Enable ETH & LTC Trading This June

Live Bitcoin News

Bitstamp will provide fiat currency and Bitcoin trading pairs for both currencies.

BitPeople

One Of The World’s Largest Financial Services Firms Is Mining Bitcoins

Joon Ian Wong – Quartz

Abby Loves Bitcoin: Fidelity Chief Touts Digital Currency In First Major Speech

Beth Healy – Boston Globe

Abigail Johnson, in her first major speaking engagement since becoming chairman of Fidelity Investments, spoke in New York at Consensus 2017 — not on mutual funds or retirement plans, but about bitcoin and blockchain technology.

FAO: Among other speakers at Consensus 2017: Vanessa Colella – City’s Head of Innovation & Chief Innovation Officer, Naval Ravikant – Angelist’s CEO, Brian Armstrong – CEO, Coinbase.

Latest Developments & Agreements

CoinDesk Previews New ‘State of Blockchain’ at Consensus 2017

Alex Sunnarborg – CoinDesk

Regulation

EU, India Governments See Path to Global Blockchain Adoption

Amy Castor – CoinDesk

Collaboration was a major theme during one of the Consensus 2017 panels, with participants discussing the approaches taken by governments and regulatory changes – and how they need to come around to the idea that they cannot act alone.

FAO: meanwhile in Japan…

Bitcoin Going Mainstream As Japanese Business Signs On

Nikkei Asian Review

Some 300,000 stores seen taking the virtual currency this year.

Analysis

The $80 billion Question: Why Are Bitcoin & Ethereum Growing So Fast?

Stan Schroeder – Mashable

A little over two months ago, Bitcoin achieved a symbolic milestone: After an intensive period of growth, the price of one Bitcoin surpassed the price of an ounce of gold.

That seems like ancient history. The price of Bitcoin has nearly doubled since then and the cryptocurrency is currently trading at about $2,200. Bitcoin’s cousin Ethereum is trading at about $180, its price increasing by a cool 1400% in the last three months.