Author: xav

Polkadot Tokens Valued at $75 Pre-Launch in Crypto ‘Futures’ Offering

Say hello to the IFO. The cryptocurrency futures exchange CoinFLEX, backed by Polychain Capital and investor Roger Ver, will launch its first initial futures offering (IFO) this week. “This is the first time we’ve made a futures market for a coin that doesn’t actually exist yet,” CoinFLEX CEO Mark Lamb […]

Ripple CEO Reveals Discussion With US Treasury Secretary, Says Lawmakers Risk Handing New Sector of Global Economy to Foreign Interests

Ripple CEO Brad Garlinghouse says he’s talked with US Treasury Secretary Steven Mnuchin about how the Trump Administration can responsibly regulate cryptocurrency. In a series of tweets, Garlinghouse says he agrees with Mnuchin’s doubts that crypto can replace the dollar and other fiat currencies – at least in this lifetime […]

Ron Paul: ‘I’m All for Cryptocurrencies, I Like Competing Currencies’

Former Republican congressman and presidential candidate Ron Paul says he is in favor of cryptocurrencies and blockchain technology because he likes competing currencies. Ron Paul delivered his remarks in a “Squawk Alley” interview on CNBC on July 15. According to Paul, cryptocurrencies are a great idea, and governments should only […]

“A National Security Issue”, US Secretary of Treasury Speaks On Libra and Bitcoin

Just days ago President Donald Trump called Bitcoin and other cryptocurrencies “not money” when he Tweeted about the subject for the first time. Now his Secretary of Treasury, Steve Mnuchin has offered a warning about the industry. Specifically, he addressed the negative impact that Facebook’s new cryptocurrency Libra could have.  […]

Siemens Considers Using Blockchain Tech for Carsharing

Self-proclaimed electrification, automation and digitalization global giant Siemens has shown an interest in adopting blockchain-based solutions. In particular, Siemens is exploring the use of blockchain in the transportation industry, as per a report by Forbes on July 15. According to Siemens Corporate Technology’s head of cybersecurity and blockchain, Andreas Kind, […]

Market Maker Altonomy Raises $7M in Funding Round Led by Polychain Capital

Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15. Singapore-based market maker Altonomy is planning to allocate the raised funds to source liquidity for institutional customers like spot and derivatives exchanges. […]