Tag Archives: crypto

Crypto venture firm Blockchain Capital is raising $150 million for two funds

Crypto venture firm Blockchain Capital is raising $150 million for two funds

According to SEC filings this week, the firm has raised about $85 million combined for the two funds. One of the funds — Blockchain Capital Parallel Fund IV — only accepts contributions in cryptocurrencies, according to a source familiar with the firm. Blockchain Capital has invested in 42 companies in the past three years, according […]

Popularity of Crypto Debit Cards Will Encourage Mainstream Adoption

Popularity of Crypto Debit Cards Will Encourage Mainstream Adoption

World boxing champion Floyd Mayweather, popular for his uncommon attitude towards money, has taken his relationship with cryptocurrency a step further by partnering with Centra Card to spend his cryptocurrency in mainstream commerce. With posts under some of his social media handles earlier this year, Mayweather’s interest on cryptocurrencies attracted a lot of attention. While […]

Australia Takes Aim at Cryptocurrencies With New Money Laundering Bill

Australia Takes Aim at Cryptocurrencies With New Money Laundering Bill

Australia is moving to introduce a new bill that would extend the country’s anti-money laundering (AML) rules to cover domestic cryptocurrency exchanges. In a statement this morning, the Ministry of Justice announced that the legislation would seek to bring exchanges within the jurisdiction of the Transaction Reports and Analysis Centre (AUSTRAC), the country’s chief financial intelligence office. The effort dates back to mid-2016, […]

Bank of America Has Filed for Over 20 Blockchain Patents Already

Bank of America Has Filed for Over 20 Blockchain Patents Already

Bank of America is emerging as one of the most active banks when it comes to filing patents over claimed innovations in blockchain and cryptocurrency. Three new submissions, initially filed with the U.S. Public Patent and Trademark Office early last year, add to a total of 20 blockchain and cryptocurrency-related patent applications filed by the bank since […]

$126 Billion: The Cryptocurrency Market Just Set a New All-Time High

$126 Billion: The Cryptocurrency Market Just Set a New All-Time High

The total value of all cryptocurrencies set a new all-time high today, rising above $126 billion for the first time in history, according to data from CoinMarketCap. The new benchmark was set at 8:00 UTC and comes just four days after the crypto asset class set a previous record above $116 billion. At press time, the price increase appears […]