Apple Pioneer Steve Wozniak Joins Blockchain Fund as Co-Founder

Steve Wozniak, the tech entrepreneur best known as the co-founder of Apple, has joined EQUI Global, a venture capital fund built using blockchain technology, as a co-founder. In a Medium post published by the company, Wozniak said that he will scout for technology companies to find the “tech stars” of the future. He also said that …

Bitcoin’s Killer App is Ransomware, Not Payments: Stripe COO

Stripe, a digital payments provider, took a pioneering role with bitcoin in 2015 when it introduced a tool that allowed merchants to accept bitcoin. This past April, the company discontinued the service. The company’s COO, Claire Hughes Johnson, told Fortune’s Brainstorm Tech conference Tuesday that the reason behind the firm’s abandonment of BTC is that …

BlackRock, the World’s Largest Asset Manager, is Exploring Cryptocurrencies

Six months after its chief executive lambasted bitcoin as an “index of money laundering,” BlackRock — the world’s largest exchange-traded fund (ETF) provider — has set up a working group to explore how to profit from the burgeoning cryptocurrency ecosystem. The Financial News reports that the $6.3 trillion asset manager has begun discussing whether to …

1 in 3 Germans See Cryptocurrency as an Investment Opportunity

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! German retail bank Postbank has reported that according to a recent survey, 29% of Germans believe that cryptocurrency is a desirable investment opportunity. The results from Postbank Digital Study 2018 were announced after 3,100 Germans were interviewed from the …

47% of South Africans Plan to Invest in Cryptocurrencies

Join our community of 10 000 traders on Hacked.com for just $39 per month. South Africa has the most sophisticated economy and financial sector on the continent, and its citizens are increasingly warming up to the idea of investing and trading in cryptocurrencies — despite regulatory concerns over such decentralised digital financial assets across the …

Global Blockchain Adoption Still Low, Gartner Survey Finds

Join our community of 10 000 traders on Hacked.com for just $39 per month. Adoption and interest in blockchain technology by global information company information officers is low, says Gartner in its 2018 CIO Survey, although executives from telecom, insurance and financial services have shown keenness in planning to adopt the decentralized technology. Although financial …

Institutional Investors Remain Sidelined on Crypto Funds

Join our community of 10 000 traders on Hacked.com for just $39 per month. Nearly half of institutional investors, such as pension funds, wealth management offices, sovereign wealth funds, etc. aren’t sold on cryptocurrency funds, at least not yet. This according to a report by alternative investment firm Context Capital Partners LP in which hundreds …

Monex to Buy Hacked Cryptocurrency Exchange Coincheck

Join our community of 10 000 traders on Hacked.com for just $39 per month. Major Japanese online brokerage has confirmed its foray into the cryptocurrency sector by announcing its acquisition of Tokyo-based exchange Coincheck for ¥3.6 billion ($33.5 million). In an announcement on Friday, Monex confirmed it will acquire 100% of all 1,775,267 shares at …

Overstock Cancels Secondary Stock Offering after Share Price Plummets

Join our community of 10 000 traders on Hacked.com for just $39 per month. E-commerce retailer and blockchain investment firm Overstock has shelved plans to hold a secondary stock offering after the company’s share price plunged in response to the announcement. The Wall Street Journal reports that although Overstock was “pleased” with the interest in …