This Silicon Valley Backs Blockchain Startup Wants to Become the Wikipedia of Data

DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others. In a Medium post, the company, which describes ...

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Achieving Truly Useful Proof of Work: Toby Simpson of Fetch.ai

What’s the best that can happen? That’s the focus of Fetch.ai in the realm of artificial intelligence (AI). Episode 025 of the What Bitcoin Did podcast featured a wide-ranging conversation between host Peter McCormack and Fetch co-founder/CTO Toby Simpson about both best-case and worst-case outcomes for AI. But it wasn’t all speculation: developments with Fetch in the here and now ...

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Chaincode Devs, Google Alumni Create Industry Group to Help Bitcoin Scale

Scaling has been a heated topic for the bitcoin community for some time. Further, even when a technology does become available, getting people to use it becomes the next big hurdle. Segregated Witness has not been fully adopted by all wallets and service providers, and not all exchanges batch transactions, to name two examples. Officially announced today, July 20, 2018, ...

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A Basic Guide to the Digital Age: Breaking Down Congress’ Crypto Hearing

Yesterday, Congress addressed in two full hearings why it’s time to start taking a closer look at why and how digital assets, including cryptocurrencies, are impacting U.S. marketplaces. The following condensed information is a run-down of what the House Committee on Agriculture and the U.S. Commodity Futures Trading Commission (CFTC) discussed during the hearings regarding cryptocurrency and distributed ledger technology ...

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Dala Adds Stellar Blockchain to Ecosystem, Reveals Multi-Chain Strategy

Dala has officially announced a new multi-chain strategy that will include Stellar, the technology behind the seventh largest cryptocurrency (lumens) by market cap. Dala is looking to create the most decentralized financial system available by bring together top blockchains and protocols. It hopes to reach developing markets by establishing a decentralized system that allows users to borrow, earn, save and transact ...

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Malta Stock Exchange Partners With OKEx to Launch Security Tokens Platform

The Maltese government is gradually building a global market for cryptocurrencies as it continues to assert itself as the world’s blockchain island with crypto-friendly regulations. Thanks to such accommodating legislation, cryptocurrency companies like Binance and OKEx have flocked to the country to build out their services. Helping to further build these services, the Malta Stock Exchange (MSE) just announced the ...

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Bermuda Is Quickly Gaining Favor as a Jurisdiction of Choice for Digital Assets

Bermuda is well known as a global center for financial services as the island operates the largest reinsurance market in the world. Now, Bermuda is aggressively diving into the fintech sector with two clear objectives: to promote the island as the jurisdiction of choice for fintech entrepreneurs and to establish its new regulatory framework as the universal standard for initial ...

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Institutional Investors Are in Love With Bitcoin, Grayscale Report Reveals

In its recent Digital Asset Investment Report, Grayscale Investments LLC, an investment company that specializes in cryptocurrency funds, revealed that it has raised $250 million through new asset investments in this year alone. The investments come despite a slump in the cryptocurrency market’s prices, which has seen bitcoin’s price decrease by nearly 50 percent during the same period. The report ...

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CheapAir Says Goodbye to Coinbase, Hello to BTCPayServer

Online travel agency CheapAir.com has announced it is no longer working with Coinbase to process its customers’ bitcoin payments. In Coinbase’s stead, the company has turned to BTCPayServer, an open-source bitcoin payment processor. CheapAir had been partnered with Coinbase since early 2013, but this April, the digital currency exchange explained that it was shutting down its merchant platform, leaving CheapAir in ...

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Line’s Cryptocurrency Exchange BITBOX Is Now Open for Business

Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U.S. Investors can now access markets for up to 30 separate digital currencies including bitcoin, bitcoin ...

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