by Florin Oprea
Ari Levy – CNBC
ICOs have raised $180 million this year, compared to $101 million in all of 2016, according to Smith + Crown.
A unified operating system for various business activities on blockchain is something every company would like to have. If it can be quickly deployed like conventional Software as a Service (SaaS) solutions currently available in the market, then such a solution will reduce the barrier to adoption of distributed ledger technology in organizations, both big and small. BitCAD is one such platform which is on its way to make it a reality.
FAO: Aragon, a project built on ethereum, has raised $25 million in under 15 minutes earlier this month.
Jon Russell – TechCrunch
Coinbase, the world’s most funded bitcoin exchange, was dragged offline by the massive increase in interest in the space. `
Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw “unprecedented traffic and trading,” with the digital currency hitting record levels.
Alex Lielacher – Distributed
The project to rebuild its existing credit derivatives clearing platform using distributed ledger technology started in January 2017 with the help of fintech startup Axoni, technology giant IBM and the R3 blockchain banking consortium.
Samburaj Das – Crypto Coins News
FAO: OkCoin and BTCC are the other two major crypto exchanges in China.
William Suberg – The Cointelegraph
Bitcoin ATM provider Bitlish was the first to open a bonafide BTM in Russia, but it is its expansion plans that are likely to get the market talking.
Stan Higgins – CoinDesk
However, according to Spanish newspaper El Pais, the group’s membership includes Abanca, Bankia, CaixaBank, Kutxabank, Ibercaja, Liberbank and Unicaja.
It represents the first major foray into blockchain for these companies, as other Spanish banks, including Banco Santander and BBVA, have been working with the tech for some time.
Michael Scott – Bitcoin Magazine
Secured Automated Lending Technology (SALT) is a membership-based financial enterprise with its eyes set on being recognized as the first lending platform to facilitate loans collateralized by bitcoin and other cryptocurrencies.
Joseph Young – The Cointelegraph
Over the past few months, South Korea’s three largest digital currency exchanges Bithumb, Korbit and Coinone have added support for Ethereum traders by integrating Ether. In a relatively short period of time, South Korea has become the largest Ethereum exchange market with a $335 mln daily trading volume and 38% market share.
Matthew J. Belvedere – CNBC
Adam White, head of Coinbase’s digital currency exchange, dispelled the notion that bitcoin’s nearly 50% rise over the past two weeks can be traced to the global WannaCry attack. The ransomware that started crippling computers on May 12 demands bitcoin from victims.
Tina Trinh – Voice of America
The technology behind bitcoin and other cryptocurrencies is being looked at by more conventional companies and businesses.