Coinbase Acquires Cryptocurrency Surveillance Company Neutrino

Coinbase has acquired the cryptocurrency surveillance company Neutrino, whose team will be joining the American exchange’s European operation. The Milan, Italy-based startup develops blockchain intelligence platforms for crypto companies as well as law enforcement agencies. Also Read: Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018 Coinbase Acquires Neutrino Coinbase, the …

Startups-Focused Law Firm Now Accepts Bitcoin Payments

Cryptocurrency ventures that don’t wish to convert their holdings to fiat can now pay for legal services with bitcoin cash (BCH) or bitcoin core (BTC) with Atrium. The corporate law firm, which has helped over 300 startups raise more than $500 million in venture capital, now accepts direct cryptocurrency payments …

McKinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little

During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the hype. Also Read: Phillip Frost Agrees to Settle Riot Blockchain …

Bakkt Completes First Round of Funding With $182.5 Million

Intercontinental Exchange’s upcoming cryptocurrency trading platform, Bakkt, has raised $182.5 million from a dozen investors. The funds will help develop an institutional-grade regulated crypto exchange, clearing and warehousing services for physical delivery and storage. The company now expects to provide an updated timeline on launching bitcoin daily futures contracts in …

Bitmain Shuts Down Research and Development Center in Israel

The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’ Bitmaintech Israel Closes Down According to …

Major Video Card Supplier Enters Cryptocurrency Mining Business

Sapphire Technology, one of the largest suppliers of AMD-based video cards in the world, has announced that it’s officially entering the cryptocurrency hardware business. The Hong Kong-headquartered company is launching a flagship mining rig. Also Read: Crypto ATM Network Coinsource Expands Into Upstate New York A New Player Enters the …

Chinese Startup Gets Crypto Custodial Services License in Hong Kong

Cryptocurrency custodians are third parties that store large amounts of digital assets for institutions, hedge funds, exchanges and issuers of initial coin offerings. Companies in Hong Kong now have a new locally regulated option, which could help to increase investor confidence. Also Read: You Can Now Withdraw Split BCH and …

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