Research: ICOs See Lowest Funding Level in 16 Months

[ad_1] Funding for Initial Coin Offerings (ICOs) has seen its hardest slump in 16 months, Bloomberg reported September 10. Analysis from Autonomous Research shows that in August, startups raised $326 million, which is the smallest amount since May 2017.According to Autonomous Research, Ethereum (ETH) blockchain-based ICOs have been recognized as the spark for the ETH price surge in 2017. However, they are currently the purported reason for the currency’s price

Paris Saint-Germain Soccer Club to Launch Fan Token

[ad_1] French soccer club Paris Saint-Germain (PSG) is partnering with blockchain platform to launch a token ecosystem, according to a press release shared with Cointelegraph September 11.PSG plays in the highest tier of France’s soccer league and has been hailed as the country’s “most popular” team.Socios describes itself as a digitized, tokenized form of the “Socios” crowd-management concept of Real Madrid & FC Barcelona — “socios” means member or

Ripple Labs and R3 Consortium Reach Settlement in XRP Token Litigation

[ad_1] Ripple Labs Inc. has announced it has reached a settlement “of all outstanding litigation” between R3 HoldCo LLC, R3 LLC, and XRP II, LLC, according to a press release published September 10. Per the statement, the details of the settlement will remain confidential while “both sides look forward to putting these disputes behind them.”The litigation between Ripple Labs and R3 Consortium began in September 2017, when the consortium filed

How the Fast-Growing Stock Trading App Got Into Crypto

[ad_1] As been reported by TechCrunch Sept. 6, stock and cryptocurrency trading platform Robinhood is planning to launch an initial public offering. Now the company is looking for a chief financial officer (CFO). Robinhood CEO Baiju Bhatt added that the startup is undergoing a spate of audits from the U.S. Security and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) in order to ensure regulatory compliance.After raising $363

The OECD’s Love of Blockchain Obscures Its Fear of Bitcoin

[ad_1] For several years now, the Organization for Economic Co-operation and Development (OECD) has been cautiously enthusiastic about blockchain technology. Beginning with a 2014 working paper titled, "The Bitcoin Question" the intergovernmental organization has been considering the economic possibilities opened up by distributed ledgers and cryptocurrencies — and, on the whole, it has found these possibilities exciting, even if such working papers "do not necessarily reflect the official views of
Bitcoin News

EU no regulation on the crypto market

[ad_1] Great were the worry lines on the forehead of many crypto fans for whom government interventions are sort of the beginning of the end for the cryptocurrency market. Whether regulations would make sense, superfluous or annoying, put it there. For the time being, the EU Commission will not take any extensive measures. First analyze and then think about the need for action In the run-up to the meeting of