From April to June, ICOs helped raise USD 797 million, compared to USD 235 million raised via VCs. This is more than a 2,000 percent jump compared to the first quarter of 2017, when only USD 36 million was raised through ICOs.
Source: Blockchain funding: ICOs raise around $800 mn in Q2CY17, exceed VC by over 3x
Posted in ICO (Initial Coin Offering)
Asian news hub covering geo-political news and current affairs across Asia
Source: BRICS for gold: a dollar-smashing monetary revolution | Asia Times
Posted in Gold
A BRIC worth its weight in gold
Days before the official beginning of the summit, China announced that it was launching a crude-oil futures contract that will be priced in gold-backed yuan that can be easily converted to gold at the exchanges in Shanghai and Hong Kong.
The “Cold War for Oil” is officially on, and the seeingly unassailable Brent crude futures are now in for serious competition.
A BRIC worth its weight in goldDays before the official beginning of the summit, China announced that it was launching a crude-oil futures contract that will be priced in gold-backed yuan that can be easily converted to gold at the exchanges in Shanghai and Hong Kong.The “Cold War for Oil” is officially on, and the seemingly unassailable Brent crude futures are now in for serious competition.
Source: BRICS for gold: a dollar-smashing monetary revolution | Asia Times
A joint venture between shipping giant Maersk, Microsoft and accounting firm EY aims to apply blockchain technology in the field of marine insurance.
Source: Shipping Giant Maersk to Deploy Blockchain Maritime Insurance Solution – CoinDesk
Two of the largest cryptocurrencies were seen to make a recovery after dropping significantly over the space of a few days.
Source: Bitcoin price on the rise again after falling $1,000 in three days
Some people speculate these Tethers are issued to prevent the Bitcoin price from falling further. A serious allegation, but a plausible one.
Source: Yet Another 25 Million Tethers are Created out of the Blue
What are the Ardor and NXT Platforms? The NXT Platform: The NXT project was launched in 2013. It doesn’t require mining and it was designed to provide a basis for other applications. It is able to host a range of financial services, asset exchanges, marketplaces and even has the ability to issue new currencies without […]
Source: The Ardor Platform Is The Most Underhyped Blockchain Project | CryptoTrader News
Posted in News./ Announcements
With the market exploding with hundreds of new cryptocurrencies and the total value reaching $177 billion, a new series of questions has emerged: what risk do ICO scams ultimately have on market? And, could misguided regulation disrupt the momentum of the crypto boom?
Source: Visualizing The Unparalleled Explosion In Cryptocurrencies | Zero Hedge
