Day: February 12, 2019

Two US Pensions Lead $40 Million Round in Morgan Creek’s New Blockchain Fund

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United States digital asset firm Morgan Creek Digital has secured $40 million in funding from investors that include two major pension funds, Bloomberg reported Feb. 12, citing a statement from the company. Morgan Creek Digital, which launched its Digital Asset Index Fund in August last year, sealed the funding from two of the three benefit plans from the Fairfax County Retirement Systems. The new venture capital fund is called the Morgan Creek Blockchain Opportunities Fund and is reportedly focused on investing in the digital asset industry, according to The Next…

Helix TCS Buys Cannabis Electronic Trading Platform

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Helix TCS (OTCQB: HLIX) has acquired Amercanex International Exchange, a cannabis electronic trading platform. The trading platform is designed for new and already operating cannabis businesses, as well as ancillaries and governments, to manage mission critical infrastructure in their supply chain, inventory, and compliance functions. Financial terms of the deal were not disclosed. The online marketplace enables compliant wholesale product transaction capabilities in over a dozen legal cannabis markets within the U.S. and internationally, including the key markets of Canada, California, Washington, Colorado, Nevada, Oregon, New York, Illinois, and more.…

Wall Street Crypto Advocate Says Bitcoin ETF Is A Matter Of When: What’s Behind the Confidence?

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All eyes may be on the QuadrigaCX imbroglio, but talk regarding the implications that a Bitcoin exchange-traded fund (ETF) could propose have continued. This isn’t without reason. Since the Winklevoss Twins effectively started the race for a publicly-traded crypto fund, deemed a “paradigm-shifting” product by post, the subject matter has plagued the front pages of crypto’s media outlets. Anecdotally, it has been said that the launch of such an investment opportunity could be the rocket booster that could take this industry to the proverbial ‘moon’. While discussions about crypto-backed ETF…

Wall Street Crypto Advocate Says Bitcoin ETF Is A Matter Of When: What’s Behind the Confidence?

boss

All eyes may be on the QuadrigaCX imbroglio, but talk regarding the implications that a Bitcoin exchange-traded fund (ETF) could propose have continued. This isn’t without reason. Since the Winklevoss Twins effectively started the race for a publicly-traded crypto fund, deemed a “paradigm-shifting” product by post, the subject matter has plagued the front pages of crypto’s media outlets. Anecdotally, it has been said that the launch of such an investment opportunity could be the rocket booster that could take this industry to the proverbial ‘moon’. While discussions about crypto-backed ETF…

Blog: Advancing the adtech debate from a data protection perspective

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Simon McDougall, Executive Director for Technology Policy and Innovation, invites adtech industry stakeholders to a fact-finding forum. Advertising is as old as commerce itself. Companies have always innovated to access new markets, and people are often happy to learn of new products and services. But in recent years, technology has completely transformed the way advertising is bought, sold and delivered. Many advertising techniques use people’s personal information, in the form of a personal profile, to decide which advert is delivered to them. Publishers then utilise real-time advertising methods to sell the…

Binance’s Decentralized Exchange Is About to Launch for Public Testing

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Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, is about to release its decentralized exchange, Binance DEX, for public testing. The firm’s CEO Changpeng Zhao tweeted Tuesday that the firm is targeting a date of Feb. 20 for the public testnet release of Binance Chain – the native public blockchain being developed to support the DEX. Last week, in a 45-minute live ask-me-anything (AMA) chat on Twitter, Zhao provided details of the coming DEX.  He said the firm has already given early access to a few “selected partners,”…

Binance’s Decentralized Exchange Is About to Launch for Public Testing

boss

Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, is about to release its decentralized exchange, Binance DEX, for public testing. The firm’s CEO Changpeng Zhao tweeted Tuesday that the firm is targeting a date of Feb. 20 for the public testnet release of Binance Chain – the native public blockchain being developed to support the DEX. Last week, in a 45-minute live ask-me-anything (AMA) chat on Twitter, Zhao provided details of the coming DEX.  He said the firm has already given early access to a few “selected partners,”…

Bitcoin Price Pattern Hints at Short-Term Rally to $4K

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View Bitcoin has backed off 4 percent from three-week highs seen on Friday, but looks to have formed a bull flag – a bullish continuation pattern – on the 4-hour chart. A move above $3,630 would confirm a flag breakout and open the doors to $4,000 (target as per the measured move method). Acceptance below the lower edge of the flag, currently at $3,546 would weaken the short-term bullish case. That, however, looks unlikely, as the path of least resistance is to the higher side, according to Friday’s high-volume falling…

Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report

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South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12. The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the Middle East. Nvelop itself is a joint project from Abu Dhabi-based E11 Investment Fund and Taiwanese venture capital outfit Trill Ventures Group, Financial News reports. The joint venture was reportedly established to fund and develop…

Crypto Asset Brokerage From Uber’s Ex-CTO Goes Public on Canadian Exchange

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Crypto asset brokerage Voyager Digital — co-founded by the ex-CTO of Uber — has gone public on Canada’s TSX Venture Exchange. The news was announced in an official tweet from Voyager on Feb. 11. Shares are traded under ticker symbol VYGR.V, as a company blog post outlines. The listing comes following the completion of a so-called reverse takeover — also known as a reverse initial public offering or backdoor listing. Last week, Voyager had announced that its merger with former shell company UC Resources Ltd. was nearing completion. The moved…