Markets News

Nervos Raises US$28M Series A from Polychain, Sequoia for Enterprise dApps Blockchain Platform

4 weeks ago kakp2 Comments Off on Nervos Raises US$28M Series A from Polychain, Sequoia for Enterprise dApps Blockchain Platform
Image: Nervos co-founders Jan Xie, chief architect; Kevin Wang; Daniel Lv; and Terry Tai (behind the camera) Chinese blockchain startup Nervos has raised US$28 million in a Series A funding round from Polychain Capital, Sequoia China, and others, to develop a hybrid blockchain network for enterprises decentralized applications (dApps). The new capital will be used Read More

Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela’s Unbanked

4 weeks ago kakp2 Comments Off on Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela’s Unbanked
Peer-to-peer bitcoin exchange Paxful is doubling down on developing markets. Revealed exclusively to CoinDesk, the startup plans to open an office in hyperinflation-ridden Venezuela in September and release an Android app, its first for mobile devices, in October. According to Paxful co-founder Ray Youssef, the reason for both moves is that exchange use is surging Read More

Daughters of working mothers grow up to be just as happy as those of stay-at-home moms

4 weeks ago kakp2 Comments Off on Daughters of working mothers grow up to be just as happy as those of stay-at-home moms
In 2015, preliminary results of a groundbreaking study found that the daughters of employed mothers often perform better in their eventual careers than the daughters of stay-at-home moms. “People still have this belief that when moms are employed, it’s somehow detrimental to their children.” Now the full study has been released, and it brings even Read More

FPT and Factom Announce Global Partnership

4 months ago 7ring Comments Off on FPT and Factom Announce Global Partnership
FPT Software, one of the largest Vietnamese IT companies, and Factom, a Texas-based blockchain-as-a-service company, have announced a strategic partnership.  Blockchain-as-a-service (BaaS) refers to any product that utilizes distributed ledger technology for a specific use case, such as storing data.  FPT Software hopes to integrate blockchain technology to enhance their Digital and Product Engineering.   Read More

Mayor of Cash-Strapped Louisiana City Pitches ICO

4 months ago 7ring Comments Off on Mayor of Cash-Strapped Louisiana City Pitches ICO
Joel Robideaux, the mayor-president of the Louisiana city and parish of Lafayette, urged local residents on Thursday to consider launching an initial coin offering (ICO). Lafayette parish is in dire financial straits, officials say. A presentation given by the town in March stressed that property tax revenues are insufficient and that a fund used to finance operations Read More

A salmonella recall is affecting 207 million eggs across the US

4 months ago 7ring Comments Off on A salmonella recall is affecting 207 million eggs across the US
A recall of 206,749,248 eggs has occurred in the US, following 22 reports of illness linked to salmonella contamination. The eggs were distrubuted to stores and restaurants in Colorado, Florida, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia, and West Virginia. The US Food & Drug Administration has a full list here (including Read More

Buying Bitcoin? Hedge Funds Will Use Blockchain, Too

8 months ago adcity Comments Off on Buying Bitcoin? Hedge Funds Will Use Blockchain, Too
Mona El Isa is co-founder and member of the board at Melonport AG, a decentralized digital asset management platform, and a former VP of equities trading at Goldman Sachs. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Imagine a future where humans play a minimal role in setting up, regulating and reporting regulatory Read More

The economic surprise of 2017 was Europe’s best year in a decade

8 months ago adcity Comments Off on The economic surprise of 2017 was Europe’s best year in a decade
Europe didn’t head into 2017 under the best circumstances. Brexit was still relatively new and troubling, Italy’s oldest bank had just collapsed, and a series of upcoming elections were making investors nervous. Twelve months later, the success of Europe’s economy this year has been such a standout surprise it’s even been enjoying its own hashtag: Read More

After the Futures: The Next Chapter for Bitcoin

8 months ago adcity Comments Off on After the Futures: The Next Chapter for Bitcoin
Charles Hayter is a former equities analyst at Citi and the CEO and co-founder at CryptoCompare.com, an informational resource for the world of cryptocurrencies. The following article is an exclusive contribution to CoinDesk’s 2017 in Review series. On the ninth anniversary of Satoshi Nakamoto’s white paper, one of the world’s most respected derivatives providers, the CME Group, announced Read More

Archaeologists in Turkey believe they are digging up the original Santa Claus

8 months ago adcity Comments Off on Archaeologists in Turkey believe they are digging up the original Santa Claus
Santa isn’t just a myth made up for kids on Christmas. He did exist and he did give generous gifts, though not via chimneys on Dec. 25, as popular legend tells it. By this time next year, you may even be able to visit him in his original setting, say Turkish archaeologists. What we know Read More