Category: Blockchain

Look Beyond the Hype: Blockchain Segments Delivering Real Value Even in Bear Markets

There is no doubt that there are many short-term gains that can be generated by meme-based or hype-based crypto tokens and assets. However, over the long run, as the saying goes, “Only the relevant survive.” As the market matures and blockchain and crypto technologies gain mainstream adoption, we are no longer looking for the next X100 growth token. Instead, the smart money is flowing into a broad range of segments that are delivering real value in the crypto space. This ideal is as true for the crypto and blockchain spaces…

Blockchain Security Firm CertiK Confirms $88M Raise at $2B Valuation

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Blockchain.com Launches New Asset Management Service BCAM

Cryptocurrency exchange Blockchain.com launched Wednesday a new asset management brand called BCAM, aiming at institutional investors, family offices, and high net worth individuals. BCAM was created in partnership with investment firm Altis Partners to provide clients with strategies by tracking the price of Bitcoin against the U.S. dollar. At the same time, based on its algorithm, it gives customers investment access with Bitcoin with lower risk and lesser volatility. Chief Strategy Officer Charlie McGarraugh said: “Like everything in crypto you won’t know until you try. But like with everything in crypto,…

Blockchain Holds the Future of Hollywood, Outgoing WarnerMedia CEO Says

Jason Kilar, the CEO of Warner Media, believes that the future of Hollywood, a name synonymous with the American film industry, lies in the hands of blockchain technology, according to Reuters. Kilar plans to leave the media company following its acquisition by Discovery, expected to be finalized on April 11.  Based on the penetration of unique digital collectables like non-fungible tokens (NFTs), Kilar believes blockchain will play an instrumental role in transforming the entertainment business.  He added: “I think that’s going to be a potential wave that’s going to…

Blockchain Soccer Startup GOAL Pulls $15m in Seed Funding

Stockholm-based Non-Fungible Token (NFT) based soccer startup GOALS has raised the sum of $15 million as seed funds from venture capital firms and angel investors. While this is not the very first-time GOALS will be pulling funds from investors, this round is undoubtedly its most groundbreaking as the company plans to boost its outfit with about 30 new game developers.  According to Tech.eu, a European tech media hub, the funding was led by Northzone with participation from existing investors Cherry Ventures, Moonfire Ventures, Banana Capital, and new investors Not Boring…

The Blockchain Is The Future Of Hollywood, Departing WarnerMedia CEO Says

The blockchain is where the future of movies and entertain is headed. Jason Kilar, who was designated chief executive officer of WarnerMedia by AT&T nearly two years ago, informed the company’s workforce Tuesday that he was resigning after the entertainment giant’s merger with Discovery concludes. As Kilar prepares to depart the media firm he helped usher into the streaming era, he asserts that the blockchain is the future of Hollywood. His departure enables David Zaslav, Discovery’s CEO, to begin assembling his own management team at the soon-to-be-merged firms. Kilar said…

Trudeau Challenger Wants To Make Canada ‘Blockchain Capital’ Of The World

Blockchain and cryptocurrency have a big backer in Canada. Pierre Poilievre stood in a busy shawarma restaurant in London, Ontario, on a drab early-spring day last week while on a Conservative leadership campaign tour. Suggested Reading | Crypto For Sandwich And Fuel: Aussie Convenience Store Giant To Enable Crypto Payment At 170 Branches A Shawarma For Photo-Op Poilievre assailed Canada’s nearly century-old monetary establishment and the integrity of the national currency. And for the photo-op finish, Poilievre purchased a chicken shawarma with bitcoin. The move was part of a bigger push…

The evolution of blockchain: Transactions, contracts and applications

Blockchain technology is more than just Bitcoin. Let’s examine the evolution of Nakamoto’s brainchild. The various types of blockchain permissions Blockchain networks run on permission-based consensus methods, enabling various levels of use depending on a user’s needs and permission level. Aside from the blockchain generations, there are also different types of blockchain when viewed from a permission-based angle. Some of those permission types are public, permissioned or private blockchains. Each of these types offers a different use case for a company or user’s needs. When asked to list the three…

Riot Blockchain Files To Sell Up to $500M of Stock in ATM Offering

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…