As of the end of September of this year, Isreali blockchain startups have raised more than $600 million through initial coin offerings (ICOs). This is according to a report from an analytics company named Alpha One. Alpha One reports that there are 140 companies in Israel that are focused on…
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BlackRock Chief Hesitates on Crypto ETFs
Larry Fink, who is the CEO of an investment mangement and financial planning company called BlackRock, recently said that the cryptocurrency industry lacks legitimacy. He went on to say that until this changes his company would not be offering an exchange-traded fund (ETF) denominated in digital currencies. On Thursday, Fink…
Blockchain Breakthrough On The Horizon For China
Things haven't always been rosy in China where cryptocurrency and blockchains are concerned. That may be changing. One of the largest retailers in China announced on October 30 that it would begin its own research and development into blockchain applications. JD.com specializes in online retail for Chinese…
Cryptocurrency Companies Are Investing in a Wide Variety of Assets
ConsenSys, which is a blockchain technology company, announced that they have acquired Planetary Resources, which is a U.S.-based company that plans to mine asteroids. The acquisition was made through an asset purchase. Formed in 2009 as Arkyd Astronautics, Planetary Resources hopes to explore, extract and refine mineral resources…
American Cryptocurrency Funds Are Starting to Make More Outside Investments
StarkWare Industries, which is a blockchain startup based in Israel, has announced that they have received $30 million in venture capital from a group of investors that include Sequoia USA and Intel Capital. StarkWare began operations this year, and it has already developed a wide range of hardware and software…
The Cryptocurrency Values Have Had an Unusually Stagnant Streak Lately
The crypto market has been in a tight range for quite some time now. This consolidation can only be shaken out with the help of a strong catalyst. You know what? The breakout of this range can result in a new trend that may remain in action for a couple…