ConsenSys, which is a blockchain company based in New York City, is seeking $200 million in investments. A technology social media outlet reported this information from the firm's investors on April 15. Sources who are familiar with the company explain that ConsenSys is attempting to attract outside investors…
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Coinbase, Facebook and YouTube Star PewDiePie are Making Cryptocurrency Headlines
Here are the top cryptocurrency stories of the week: Facebook Seeks Venture Capital for Cryptocurrency Project According to reports, Facebook is turning toward venture capital companies to help them develop a digital token. While not officially confirmed by Facebook, these same reports believe that the company is seeking $1 billion.…
As Bitcoin Futures Decline, Trading Volume Increases on Cryptocurrency Exchanges
On April 9, it was reported that, during the past week, institutional investment in Bitcoin futures fell at the Chicago Mercantile Exchange (CME). This was according to data compiled by the United States Commodity Futures Trading Commission. As of April 9, the number of long positions opened by both asset…
New Head of Sales and Marketing at Fidelity Digital Assets
On April 10, Fidelity Digital Assets announced in a press release that Christine Sandler would become the company's new head of Sales Marketing. She previously worked as the head of institutional sales for Coinbase, which is one of the largest digital currency exchanges in the United States. Sandler&…
CEO Announces That Thor Token Blockchain Project Will Cease Operations
On April 9, David Chin, who is the CEO and one of the co-founders of a blockchain project called Thor Token, announced that the project was shutting down. Chin, whose project was based in San Franciso, indicated that the project is closing because it was unable "to gain traction…
Coinbase Launches Brand New Crypto Debit Card
Coinbase, one of the most prominent trading platforms for digital currency investors, has officially announced the debut of its own debit card, one that is actually linked to client accounts and cryptocurrency wallets. The Coinbase Card will allow clients in Europe and the United Kingdom to tap into their Bitcoin,…