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Overstock’s Medici Ventures Acquires Ten Percent Stake in GrainChain for $2.5 Million

Overstock subsidiary Medici Ventures has purchased a $2. 5 million equity in GrainChain, a blockchain-based payment solution for farms. According to a press release issued December 4, 2018, the sale has granted Medici Ventures ten percent ownership in the company, and the option to double that in the future with a second acquisition round. дальше »

2018-12-7 10:00


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Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets. дальше »

2018-11-14 00:53


South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium

The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. дальше »

2018-10-13 04:05


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South Korean Exchange Bithumb Sells To Singapore Investor For $353 Million

Bithumb, South Korea’s largest cryptocurrency exchange by volume, has sold to a Singapore entity with the aim of releasing new services and stablecoins.   Officials Finalize Majority Stake Deal As Korean news outlet Naver reports October 12, BK Global Consortium paid 400 million won ($353 million) for a majority stake in Bithumb, having previously held a minority position in the company. дальше »

2018-10-12 10:30


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Banking On A Decentralized Bank

Last week Binance made headlines by announcing its first foray into banking. For a price of $133 million, the exchange had acquired a 5% stake in Malta’s future “Founders’ Bank.” Ordinarily, an investment by one moneymaking organization into another would scarcely deserve mention, except for one fact: ownership of Founders’ Bank will rest on the […] The post Banking On A Decentralized Bank appeared first on Crypto Briefing. дальше »

2018-7-20 20:23


How Cardano (ADA) Plans to Solve Proof of Stake

Cardano (ADA)–Coming off the positive news of a potential partnership with Coinbase, Cardano’s ADA has benefited from a pump in price over the weekend.  Investors and enthusiasts alike seek to reverse the losses of 2018’s bear cycle, both in anticipation of the buying power of Coinbase’s 13 million+ customers and also in appreciation for what […] The post How Cardano (ADA) Plans to Solve Proof of Stake appeared first on Ethereum World News. дальше »

2018-7-15 19:49


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