Sunday, March 24, 2019
BLOCKCHAIN & CRYPTOCURRENCIES

BLOCKCHAIN & CRYPTOCURRENCIES

Canada Wants To Govern Crypto Exchanges In Wake Of Quadriga Scandal

Canada wants to redo securities regulations to include cryptocurrency trading operations like Quadriga, which lost the ability to access $195 million of investor holdings after the death of Gerald Cotten, its founder. Read more: pymnts.com

Kakao’s Crypto Business Raises $90m Funding

South Korea-based Kakao’s crypto unit has raised $90 million through a private coin offering and is planning another round targeting a similar sum this week. Read more: bankingtech.com

Swiss Crypto Outfit Amun Amasses $4m Funding

Swiss crypto-asset investments firm Amun has completed its first funding round of $4 million. Read more: bankingtech.com

IBM Scores Deal With US Credit Union Group to Use Hyperledger...

CU Ledger, a consortium of U.S. credit unions that’s been experimenting with a range of private blockchains, has added one more to the list: IBM’s Hyperledger Fabric solution. Read more: coindesk.com

Avalon Miner Maker Canaan Raises ‘Hundreds of Millions’ in New Funding

Canaan Creative, one of the biggest cryptocurrency mining equipment manufacturers in China, has closed a new funding round. Read more: coindesk.com

Enjin Coin Crypto Soars 70% on Samsung Partnership Confirmation

Gaming cryptocurrency Enjin Coin (ENJ) is up 70 percent after news reports earlier today that confirmed a partnership with South Korean technology giant Samsung. Read more: coindesk.com

EOS-Powered Private Blockchain Studio StrongBlock Raises $4 Million

StrongBlock – a private blockchain studio founded by the former executives of Block.one, the company behind the EOS blockchain – has closed a $4 million seed round, the firm announced Wednesday. Read more: coindesk.com

Court Extends QuadrigaCX Creditor Protection to April 2019

QuadrigaCX, the embattled Canadian cryptocurrency exchange, has obtained an extension to the court-ordered investor protection until April 23. Read more: bitcoinist.com

Square Reports Biggest Bitcoin Revenue To Date At $52m

Square, the payment network from Twitter CEO Jack Dorsey, turned more Bitcoin revenue in Q4 2018 than at any time since it began support for the cryptocurrency. Read more: bitcoinist.com

Fidelity invests in blockchain data startup Coin Metrics

Fidelity Investments is rounding out its digital assets strategy, participating in a $1.9 million funding round for crypto asset market and network data vendor Coin Metrics. Read more: www.finextra.com