FAANG stocks last year, shed about $179 billion of its weight from January to December 2018. 2019 has been a very active year, both economically and politically as well, how have the world’s biggest tech stocks performed?
Block.one unveiled EOSIO 2.0, which has new tools designed to improve the network performance by 16x times while significantly reducing the entry barrier for new EOSIO blockchain developers.
Ripple CEO Brad Garlinghouse said that Libra would not get off the ground for at least three years. He thinks regulatory scrutiny over Facebook’s crypto project is due to the social media giant’s privacy debacle last year.
NBA’s Sacramento Kings announced the rollout of their new ‘Kings Token’ for fan rewards making them the first professional sports team in the United States to launch a crypto asset for fan rewards.
The WFE, which scouts together over 70 exchanges, including the London Stock Exchange Group, Deutsche Borse, NASDAQ, and Intercontinental Exchange, has requested FCA not to illegalize cryptocurrency derivatives.
Encryption startup NuCypher raises $10.7 Million in a simple agreement for future tokens (SAFT) from venture capital heavyweights, including Bitmain, Bitfury, Polychain Capital and others.
Ripple’s XRP token has gained more than 10% in just the last three days which has caused traders to turn bullish on the XRP/BTC pair.
Microsoft and Intel back the rewards token of the Enterprise Ethereum Alliance which is an open standards organization that works to implement open-source architecture within the Ethereum ecosystem.
Palo Alto California insurance startup for digital businesses Next Insurance raises about $250 Million in Series C funding from a single investor MunichRe. The startup is now valued at around $1 Billion.
McAfee is going to launch his exchange. According to the website, McAfeeDEX will not collect any customer information, no jurisdictions will be blocked, and there will be no limits.
While the plaintiffs claim that it would be “premature” to calculate damage inflicted by Tether and Bitfinex, they have estimated that the defendant’s liability likely surpasses a whopping $1.4 trillion.
It is expected that 2020 will finally be the year when Ethereum and Cardano might switch to PoS (Proof of Stake) algorithm. However, that is only a starting point.
Investors can bet on Libra’s launch on the CoinFLEX platform. The firm offers derivatives that let traders buy into futures to be delivered in Libra tokens.
Tier Mobility raised US$60m in Series B funding round led by Mubadala Capital and Goodwater Capital, with participation from AXA Germany, Evli Growth Partners, White Star Capital, Point9 and Nico Rosberg.
India’s largest budget lodging startup Oyo Hotels and Homes said today it plans to raise about $1.5 billion as part of a new financing round as the startup looks to expand its footprints in the U.S. and Europe.