The Ethereum Foundation reveals that over the next year, the non-profit organizations will pump capital into key developments and research projects for Ethereum 2.0 Plasma platform.
On May 17, Matic Network cryptocurrency token has surged by more than 75 %. One of the main reasons could be a recently announced integration of Matic’s Plasma and PoS sidechain network with the Decentraland ecosystem and the fact that the token is funded by Coinbase Ventures.
Bitcoin has shown great progress in terms of its pricing. BTC price went up by almost 115 percent. Previously the crypto giant traded at $3,742 for each coin. But now, the figures elevates up to $8,000 level. Is $20k the target?
Satoshi Craig Wright sued Bitcoin Cash figurehead, and former business partner, Roger Ver for libel after being called a “fraud and a liar.” Ver responded by seemingly debunking Wright’s claim that he controlled several high-profile Bitcoin addresses.
Coinbase is in advanced talks to buy custody provider Xapo. The deal will cost around $50 million for the US major cryptocurrency exchange. However, the decision hasn’t been made yet.
Several major banks, including UBS, Banco Santander, HSBC Holdings and Deutsche Bank, are planning to build a blockchain-based settlement system by investing $50M into a joint entity called Fnality.
It is said the privacy-centric web browser Brave will try to gather a new portion of funds for its growth in the nearest future.
The two crypto Mavericks have finally sealed the terms of the bet. While Ethereum co-founder Joseph Lubin is hopeful on the future of DApps, hardcore Bitcoiner Jimmy Song remains highly critical about it.
Tron’s CEO Justin Sun provided the winners of his giveaway with a cash equivalent instead of Tesla cars. But the amount is lower than the real price.
Morgan Stanley investment bankers stand to harvest millions of dollars in fees for leading Uber Technologies Inc.’s IPO last week. Wealthy clients are facing big losses because of early investing policy.
Michael Terpin, the victim of a SIM-swap fraud, will be paid $75.8 million in punitive and compensatory damages, which is one of the single largest court judgments awarded to an individual in a cryptocurrency-related affair.
After hitting its 2019 high above $7500 levels on Sunday, May 12, Bitcoin price immediately retraces back to $7000 levels. Analysts call it a fundamentally healthy correction setting the stage for the next bull run.
According to Tim Draper, Bitcoin will continue growing and in a couple of years will have a 5% world’s market share.
Uber went public Thursday night at $45 a share, which was near the low end of its expected range. The pricing gave the company an initial valuation of $75.5 billion — well below the $120 billion figure investment bankers were talking about last fall.
Bulls can feel pretty happy with the Bitcoin price returning of positions lost 6 months ago. At all major exchanges, BTC’s rate has confidently overcome an outstanding psychological level of $6,000 and is trying to gain a foothold above it.