Australian Startup to Enable Users Invest in Crypto with Spare Change

An Australian fintech startup based in Perth is giving users the opportunity to invest in crypto without going out of their way, using spare change from their electronic transactions to carry out micro-investments in crypto portfolios. Through its app, Bamboo says that it will improve access to investment opportunities and enhance user understanding of the … Continued The post Australian Startup to Enable Users Invest in Crypto with Spare Change appeared first on CCN

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Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the first time, after a successful The post Bitcoin-Friendly Square Cash is Now More Popular Than Venmo appeared first on CCN

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Chinese Retail Giant JD.com Launches Open Blockchain Platform

JD.com, China’s largest retailer and e-commerce provider, has deployed an open blockchain platform to enable customers to have their own blockchain solutions to improve the transparency, efficiency and security of their operations, the company announced on its corporate blog. The JD Blockchain Open Platform expands the company’s Retail as a Service and will allow customers The post Chinese Retail Giant JD.com Launches Open Blockchain Platform appeared first on CCN

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Facebook: We’re Not Building a Cryptocurrency on Stellar

Social media conglomerate Facebook denied reports that its blockchain task force is considering launching a cryptocurrency project through a partnership with Stellar. Citing a Facebook spokesperson, financial news outlet Cheddar reports that the company will not be building on the Stellar protocol, nor has its cryptocurrency division held discussions with the project about forking Stellar The post Facebook: We’re Not Building a Cryptocurrency on Stellar appeared first on CCN

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Blockchain Music Startup Raises $5.5 Million in Series A Funding

Audius, a decentralised, community-owned music sharing platform billed as the blockchain’s answer to Soundcloud has announced the successful completion of a $5.5 million Series A funding round as it launches the world’s first ever blockchain-based music sharing protocol. Made on August 8, 2018, the announcement revealed that the funding round was led by General Catalyst and The post Blockchain Music Startup Raises $5.5 Million in Series A Funding appeared first on CCN

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$270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment

GSR Capital, a Chinese private equity firm is set to establish what would become the largest ever single investment in a blockchain platform. The investment by GSR Capital will see it acquire about 3.1 million shares of US-based Overstock, amounting to about 10% in overall shares of the company. A Fragmented Procedure As contained in The post $270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment appeared first on CCN

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Winklevoss Twins Poach NYSE Executive to Serve as Gemini’s First CTO

Gemini, the Winklevoss twins’ cryptocurrency exchange, has joined the trend of hiring institutional trading executives for crypto exchanges by hiring Robert Cornish of the New York Stock Exchange (NYSE) to serve as its first chief technology officer. Cornish oversaw Pillar, the project aimed at revamping the NYSE‘s famous Big Board and its outdated electronic trading platforms. The post Winklevoss Twins Poach NYSE Executive to Serve as Gemini’s First CTO appeared first on CCN

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HTC Layoffs Won’t Impact Production of ‘World’s First Blockchain Phone’

Smartphone manufacturer HTC’s recently-announced round of layoffs will not affect the development or production of the HTC Exodus, which the firm has said will be the “world’s first native blockchain phone,” CCN has learned. This week, the Taiwan-based company announced that it would be laying off 1,500 employees – nearly 25 percent of its global The post HTC Layoffs Won’t Impact Production of ‘World’s First Blockchain Phone’ appeared first on CCN

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