Who’s Left, Joined and Almost Joined Coinbase Since Its $300 Million Raise

Crypto exchange startup Coinbase is a hot place to work – and undoubtedly a coveted resume destination for technologists looking to advance their careers in Silicon Valley. One of the cryptocurrency industry’s few unicorns – or companies with a valuation over $1 billion (Coinbase was valued at $8 billion in its last $300 million funding round in October 2018) – the San Francisco-based exchange has nearly 800 staff members and is adding “dozens of employees each week,” spokesperson Rachael Horwitz told CoinDesk. This aggressive expansion has included opening an office in New…

ConsenSys Announces Two New Investments in a Bid to Win Over More Traditional VCs

Photo: ConsenSys / Facebook Despite the recent cost-cutting ventures at ConsenSys, the company is increasing its investment activities by reaching out to independent start-ups. The Brooklyn-based ethereum venture studio announced two new investments on January 17, 2019. They put an undisclosed amount in the encryption-centric browser Tenta and $1 million in the Paris-based Coinhouse. Kavita Gupta, the managing partner at ConsenSys said that they chose the start-ups since they have bitcoin veterans serving established user-bases. The Coinhouse platform has at least 150,000 user accounts. Moreover, the CEO, Nicolas Louvet, was…

Why Did the Augur Price Surge by 38% Yesterday?

Augur jumped over 38 percent yesterday, rising a further 12 percent at the start of trading today to complete one of the most eye-catching runs in recent market history. After the huge dip cryptocurrencies took last Thursday, only a few altcoins have shown progress on the market in the last week but  Augur’s huge jump in a little over 18 hours is generating a significant amount of interest. Source: CoinMarketCap Markets Respond to Veil Mainnet Launch A lot of this movement can be attributed to the launch of the Veil platform…

Crypto Prediction: Bitcoin (BTC) If $4,000 Isn’t Inbound, Test Of $3,000 Possible

Crypto Remains In Lull, But Analysts Still Predicting 2019 is finally upon the cryptosphere, which was beaten and bruised to hell and back during 2018. And with this new year, it seems that the powers that be — the whales, Wall Street institutions, industry insiders, and purported manipulators — have collectively decided that to impose a Bitcoin price lull. In fact, a recent report from CoinDesk revealed that BTC’s volatility is down 98% year-on-year, as crypto continues to sip on the proverbial sangria. Eric Ervin, the chief executive of Blockforce Capital, recently…

Investors Are ‘Thoughtfully Dipping their Toes into Crypto,’ Not Taking the Plunge

Sterling Witzke, partner at the Winklevoss twins’ family office Winklevoss Capital, says she doesn’t think 2019 will be the watershed year for institutional investors to get into crypto. Witzke backed her claim by arguing that expectations are running ahead of facts on the ground. Witzke made her remarks during an interview with Cointelegraph at the Crypto Finance Conference in St. Moritz, Switzerland, Jan. 17. She argued that the upshot of the 2017 crypto market bull run — when Bitcoin soared to all-time highs of $20,000 a coin — has been…

ConsenSys’ Lubin Joins Wall Street Crypto Exchange ErisX: Ethereum Futures Inbound?

Crypto Veteran Lubin Joins ErisX Board On Thursday, amid a crypto market lull, ErisX, an up-and-coming Bitcoin services provider backed by Wall Street powerhouse TD Ameritrade, made a surprising, forward-thinking announcement. Per a company release, issued via BusinessWire, the American upstart announced the addition of two board members. Alongside Accel Partners ‘executive in residence’ Cris Conde, a fintech entrepreneur, Joseph Lubin, the founder of ConsenSys and one of the minds behind Ethereum, will be joining ErisX’s board as the platform purportedly nears its inaugural day online. Conde replaces Cliff Lewis…

BitGo Partners Genesis to Allow Institutions Trade Digital Assets Avoiding Crypto Exchanges

Time is money and in business, money solves everything especially when you are doing business in such a volatile market as the crypto is. Experienced industry investors are very well aware of a price behind every minute lost in grappling with transaction delays. At the times of major price swings shattering the market almost on daily basis, you have to be flexible. However, you also want to be secure, but once you withdraw your money from a safe cold wallet putting them onto an exchange for trade, you automatically are…

Blockchain ‘Premature’ for Public Sector

Lithuanian Agriculture Minister: Blockchain ‘Premature’ for Public Sector January 17, 2019 by Akshay Makadiya This week, one of Lithuania’s top agricultural officials said blockchain technology likely has a serious future in the agriculture industry. Yet the official, Vice Minister Venantas Griciūnas, also noted it was too early to integrate distributed ledgers in the public sector, lest the fledgling tech’s early vulnerabilities be exploited.  Also read: The Unique Consensus Mechanism of Decred–Is This True Decentralization? Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Not Ready for Implementation … Yet…

QuadrigaCX Crypto Exchange Users Still Can’t Get Their Money Out

QuadrigaCX customers are complaining they still can’t get their money out more than a month after the cryptocurrency exchange won a court dispute that had held up $19 million of funds. While that would be worrisome enough, users’ concerns were compounded by the company’s announcement Monday that its CEO and founder, Gerald Cotten, had died more than a month earlier. In a statement attributed to Jennifer Robertson, Cotten’s wife, the exchange said he died on December 9 from complications arising from Crohn’s disease while traveling in India. The same statement also…

Wanchain Joins Telefónica, One of the World’s Largest Telephone Operators, Developing a Mobile Blockchain Future

Blockchain Phone. Image from Shutterstock. Wanchain Symbol Eleven Paths, a subsidiary of Telefónica, has tapped Wanchain in an effort to build a secure blockchain platform for the mobile generation. Rivetz is a security company which works extensively in the blockchain space and also plays an important role in the new effort. Wanchain is an Ethereum fork which specializes in cross-chain compatibility. With Wanchain, users can hold both Bitcoin and Ethereum. In an exclusive talk with Wanchain’s Dan Reecer, CCN learned that its interchain operability is what sets Wanchain apart in…