Blockchain Startup ConsenSys Seeks $200 Million From Outside Investors

New York-based blockchain company ConsenSys is reportedly seeking investors to raise $200 million, technology media outlet The Information reported on April 15. According to sources familiar with the matter, ConsenSys is trying to attract outside investors to raise $200 million. The company’s executives reportedly talked to investors in Hong Kong and South Korea, however as of early April ConsenSys had purportedly not yet found a lead investor. The Information cited fundraising documents, revealing that ConsenSys closed 2018 with just $21 million in revenue coming mostly from its enterprise consulting business.…

Bitcoin Remains Stable | Crypto Market Capitalization Hits New High

Over the last month, the cryptocurrency market was on a hot streak, rising about 38% as investors piled into crypto assets such as Bitcoin and other popular alternatives like Litecoin, Ripple’s XRP, Ethereum, Bitcoin Cash, and EOS. Crypto Market Capitalization Hits New All-Time High At the beginning of the month, Bitcoin (BTC) price surged, taking analysts and traders by surprise as to what might have caused the sudden increase in price. However, analysts are unsure whether the cryptocurrencies will hold their recent gains. But considering Bitcoin has managed to maintain…

US Researchers Develop Blockchain Protocol to Fight Counterfeit Pharmaceuticals

Portland State University (PSU) researchers have made a blockchain protocol to prevent counterfeit pharmaceuticals from filling the market, according to a press release published on April 15. PSU researcher and professor of computer science at the Maseeh College of Engineering and Computer Science, Nirupama Bulusu, in collaboration with PSU computer science doctoral student Naif Alzahrani published a work dubbed “A new product anti-counterfeiting blockchain using a truly decentralized dynamic consensus protocol.” In the paper, the researchers described a new blockchain-based method to record transactions geared to facilitate the fight against…

Bitcoin BTC/USD Pullback Closing In Below $5,000.00

For a second time this week only the pair BTC/USD is being pushed downward by the bears to the lows of $5,000.00 as per time of writing it is changing hands at $5,030.77 with a market cap of $88.7 bln and a rising volume transaction of $12.3 bln for the last 24-hours. Clearing below the important support of $5,200.00 which followed-up after not being able to overcome $5,400.00 opened gates for more losses during the week and tiring of buyers. Source: coinmarketcap With Bitcoin’s native token price BTC against the…

France to Push EU Member States to Adopt Its Cryptocurrency Regulations

France is reportedly going to try to convince other European Union member states to adopt cryptocurrency regulations similar to its own, Reuters reported on April 15. Bruno Le Maire, French Minister of the Economy and Finance, reportedly stated that France will encourage other EU countries to adopt cryptocurrency regulations similar to those France approved last week. The news rules reportedly aim to attract cryptocurrency issuers and traders to France by providing them some official recognition, while taxing their profits in return. Per the newly adopted regulation, cryptocurrency operators will have…

Swisscom Blockchain AG Onboards New Chief Executive Officer

Blockchain-focused company Swisscom Blockchain AG has onboarded Ethereum (ETH) engineer Lukas Hohl as its new chief executive officer, Cointelegraph auf Deutsch reported on April 15. Hohl, who previously served at various IT and finance companies, including Blockchain’s parent company Swisscom, business consulting firm BearingPoint, consultancy group Sofgen, and management consulting company Synpulse, will now lead the firm’s blockchain strategy and facilitate the further development of the company. Roger Wüthrich-Hasenböhler, chief digital officer at Swisscom, commented on Hohl’s appointment, saying that “in the past, Lukas Hohl has built and managed companies,…

London-Based Blockchain Startup Raises $3.9M with Equity Tokens on LSE’s Turquoise

United Kingdom-based blockchain startup 2030.io has raised $3.9 million through a platform owned by the London Stock Exchange (LSE), fintech news Finextra reported on April 15. Known as Twenty Thirty or 20|30, the startup has reportedly secured 3 million British pounds (GBP) by selling tokenized shares on LSE-owned equity trading platform Turquoise. In July 2018, 20|30 became one of 29 firms that were approved by the Financial Conduct Authority (FCA) to start testing within its fourth cohort of a regulatory sandbox. With FCA approval, 20|30 became authorized to issue equity…

Bulls Chorus, Bitcoin (BTC) Steady above $5,000 despite Liquidation Risks

Bitcoin price close above $5,000 Analysts and Investors confident of market recovery The Bitcoin moon-sling chorus is only getting louder as the market ooze confidence thanks to early April upswings and supporting candlestick arrangement. Even so, there should be a conclusive close above $6,000 before bulls lift prices higher. Bitcoin Price Analysis Fundamentals Not only are ordinary investors and traders optimistic of Bitcoin’s long-term prospects–after prices rallied past $4,500 and bulls are actively rejecting anything below $5,000. Even so, analysts are on overdrive, dispensing their two cents on what the…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 15

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The research arm of Binance believes that cryptocurrency markets have bottomed out, after studying data from 2014–2019. They also found that the total institutional holding in the crypto market was about 7% of total supply. Endowments are making the most of the bear market…

ING Bank Releases Blockchain Privacy Tool Bulletproofs

Dutch global banking and financial services corporation ING introduced its new cryptographic blockchain development called Bulletproofs, according to an announcement on Feb. 7 Bulletproofs represents an extended technology for ING’s previous blockchain privacy-focused developments such as zero-knowledge range proof (ZKRP) and zero-knowledge set membership (ZKSM). ING bank first launched ZKRP in November 2017, enabling market participants to maintain anonymity in a transaction while still confirming its accuracy. For instance, the tool allowed a mortgage applicant to prove their salary within a certain range without revealing the exact figure. As an…