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Markets

KPMG: Blockchain Funding in US This Year Has Already Surpassed 2017's Total

Investment in the blockchain industry is booming in the U.S., according to a new report from "Big Four" auditing firm KPMG.

KPMG Building. Credit: Shutterstock

Markets

Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies

U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.

northerntrust

Markets

Wikipedia Has 'Zero Interest' in an ICO, Says Jimmy Wales

Wikipedia founder Jimmy Wales has said the not-for-profit online encyclopedia platform will "never" hold an ICO or issue its own cryptocurrency.

Jimmy Wales Wikimedia

Markets

Ripple Partners With Madonna to Fundraise for Orphans in Malawi

Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi.

madonna

Markets

Korean Officials Probe Shipwreck ICO for Possible Fraud

Korean police are investigating a cryptocurrency startup claiming to be selling treasure from a sunken ship, the Korea Joongang Daily reported.

Dmitrii Donskoi

Markets

Steam Yanks Game From Marketplace Over Crypto Mining Allegations

Video game marketplace Steam removed an alleged crypto miner from its platform Monday amid user complaints.

steam

Markets

Another US County Hits Pause on Crypto Mining Power Requests

Franklin, Washington State, is the latest U.S. county to have suspended new utility applications from crypto mining farms over spiking power demands.

Washington electric cables

Markets

Banking Giant Trials Blockchain for Issuance of Land-Backed Loans

One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system. 

Agricultural bank of china

Markets

AlphaPoint Helps Launch XRP-Based Cryptocurrency Exchange

Cryptocurrency services firm AlphaPoint is powering a new decentralized exchange, the company announced Monday. 

alphapoint

Markets

Gallup Poll: 75% of US Investors Think Bitcoin Is 'Very Risky'

Three-quarters of U.S. investors think bitcoin is too risky to invest in, a new poll by Gallup and Wells Fargo showed Monday.

bitcoin