Crypto News 

Ex-Federal Reserve Head Sees a Bright Future for Ripple and Blockchain

“All of this seems to hint at how there is a positive future for digital assets and cryptocurrencies” writes Jp Buntinx for livebitcoinnews.com. This is all happening during a time at which banks are embracing blockchain technology en masse.Bitcoin is a cryptocurrency, whereas RIpple focuses on blockchain technology.At the same time, Bernanke voiced some positive remarks related to blockchain and Ripple. Source: livebitcoinnews.com Share This:

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Crypto Markets News 

Bitcoin soars to record high above $6,000

“It has also ordered the shutdown of digital currency exchanges” writes Min Read for reuters.com. Bitcoins and ether, another digital currency, are used to purchase tokens for ICOs.On Friday, bitcoin hit a record peak $6,000.10 BTC=BTSP on the BitStamp platform, and was last at $5,964.24, up 4.7 percent on the day.Bitcoin is a digital currency that can either be held as an investment, or used as a foundation for future applications through the blockchain, its underlying technology. Source: reuters.com Share This:

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Crypto News 

Google, Overstock Among Biggest Blockchain Investors

“Among the corporate investors in blockchain startups, CB Insights found that SBI Holdings, the Japanese financial service firm, is among the most active” reports pymnts.com. Meanwhile, Google is in second place, investing in a bitcoin wallet startup and Ripple, which enables money transfers via blockchain technology.Plenty of industries and companies are eyeing blockchain – the technology that enables cryptocurrencies, such as bitcoin – but when it comes to corporate investors, SBI, Google, Overstock.com, Citi and Goldman Sachs are standing out from the pack.Corporations have invested $327 million in blockchain deals…

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Crypto News 

Startup Tezos raised $232 million issuing new digital currency — now key players are fighting

“While there had been “informal contacts,” he said, “at this stage, LexiFi has not adopted Tezos’ technology in its development environment or labs.”” writes Anna Irrera for businessinsider.com. “I don’t really care about” using the Tezos technology, he added. Source: businessinsider.com Share This:

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Crypto News 

Google and Goldman Sachs are two of the most active investors in blockchain firms

“Google and Goldman Sachs are two of the most active corporate investors in blockchain companies, according to a report” writes unknown author for cnbc.com. Japanese financial services firm SBI Holdings is the most active corporate investor, having stakes in eight blockchain firms. Alphabet-owned Google is the second-most active corporate, with investments in bitcoin wallet company Blockchain, and Ripple, a company that is working on money transfers using blockchain technology.These include R3, a consortium of banks working on new applications for blockchain technology, and Kraken, which is an exchange for people…

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Crypto Markets News 

Making lightwallet libraries open-sourced to the market. Guarda wallet fills in the market gap

“Guarda has not only delivered the secure wallet to the market, the developers also embedded an exchanger into an existing wallet” reports newsbtc.com. The Guarda wallet operates with a set of secure blockchain nodes to guarantee the stability of the system performance.Guarda will support two ways of transactions mode: the payment will be implemented through either GAS mode embedded in Ethereum blockchain or a flat fee.A new wallet was introduced by the team of Guarda. Source: newsbtc.com Share This:

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Crypto News 

Binary.com ‘Blockchain IPO’ Tokens to List on Lykke Vanuatu Exchange

“Lykke Vanuatu and Binary.com, a binary options trading platform, today announced an agreement to list tokens from the forthcoming Binary.com IPO on the blockchain on the Lykke Vanuatu Exchange” reports financemagnates.com. To obtain these rights, traders need only purchase one or more tokens from the exchange once they become available. “We are looking forward to being listed on Lykke Vanuatu Exchange,” added Sireau. “We are anticipating a good result.”. Jean-Yves Sireau, founder and CEO of the company, explained: “An IPO on the blockchain breaks down barriers for us. Source: financemagnates.com Share…

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Crypto News 

Jamie Dimon is betting big on the technology behind ‘fraud’ bitcoin

“The largest U.S. bank is investing in the blockchain technology behind bitcoin, despite its CEO calling the digital currency a “fraud.”” writes David A for cnbc.com. In September, JPMorgan Chase Chairman and CEO Jamie Dimon said bitcoin is a “fraud” that “won’t end well.”. Blockchain technology eliminates the need for a third party intermediary by creating a permanent, open record of all transactions on a network.The digital currency has run up six times in price this year to a record high of $5,856 Friday.But at the same talk Friday, Dimon…

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Crypto News 

IBM releases cross-border blockchain payments system

“IBM has looked to take the pain out of transferring cryptocurrencies across territories with the creation of a new cross-border blockchain payment solution” reports itproportal.com. The solution is based on IBM’s blockchain technology, allowing clearing and trade settlements on a single network and in real-time.Besides KlickEx Group and Stellar.org, there’s also a handful of banks advising and collaborating in the development of the solution. Source: itproportal.com Share This:

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Crypto News 

J.P. Morgan Is Launching a Payments Network Using Blockchain

“The network will be powered by Quorum, a blockchain technology developed by J.P. Morgan” reports fortune.com. J.P. Morgan Chase & Co said on Monday it launched a new payment processing network that uses blockchain technology, in partnership with Royal Bank of Canada and Australia and New Zealand Banking Group.Blockchain, a shared ledger of transactions maintained by a network of computers on the internet, is the technology that underpins cryptocurrency bitcoin.While JPMorgan Chief Jamie Dimon has spoken out against bitcoin, he and other banking executives have lauded the technology. Source: fortune.com Share…

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