Tuesday, December 12, 2017
BLOCKCHAIN & CRYPTOCURRENCIES

BLOCKCHAIN & CRYPTOCURRENCIES

BitGo closes $42.5m Series B led by Valor Equity Partners

BitGo, a solution to help businesses use cryptocurrencies, has closed a $42.5m Series B financing round led by Valor Equity Partners. Read more: fintech.global

Ookami acquires 18% stake in Brontech

Ookami, which looks to foster the blockchain and security ecosystem, has acquired a strategic stake into big data platform Brontech. Read more: fintech.global

Will Bitcoin’s price rise turn the currency mainstream?

EXCLUSIVE— With bitcoin’s price over $15,000, and continuing to rise, it seems as though the currency has finally hit its mainstream moment. Read more: bankinnovation.net

Russia’s biggest bank pilots money transfer on IBM blockchain

Sberbank has piloted the Russian banking industry’s first ever payment transaction over a blockchain.Read more: www.cryptocoinsnews.com

South Korean NH bank joins R3 distributed ledger consortium

South Korea's NongHyup Bank has joined the R3 distributed ledger consortium, saying it will launch a pilot blockchain project. Read more: www.coindesk.com

Totle’s launches risk-free crypto-fantasy portfolio competition

Looking to make the process of cryptocurrency investing much easier for novice and experienced crypto users, Totle continues racking up investors, Read more: www.cryptocoinsnews.com

France goes ahead with trading of unlisted securities

The French government has given the official nod for trading unlisted securities using blockchain technology, Reuters reports. Read more: www.coindesk.com

SEC official: Cryptocurrency investment funds raise questions

The head of the SEC's investment management office said the agency is weighing questions related to funds that plan to hold cryptocurrencies. Read more: www.coindesk.com

Goldman Sachs will trade bitcoin futures for clients

Goldman Sachs will begin trading bitcoin futures for its clients, once major exchanges list bitcoin futures in the upcoming weeks. Read More: www.cryptocoinsnews.com

Bitcoin ‘Not a rational currency,” doesn’t mean it’s worthless

Alan Greenspan said that bitcoin bears many similarities to the Continental dollars that printed during the War for Independence. Read More: www.cryptocoinsnews.com