Citi Invests in Blockchain Startup Axoni’s Series A Round

Global financial institution Citi has invested in distributed ledger startup Axoni, the company announced today. Though the exact amount wasn’t disclosed, Axoni said the bank’s contribution brought its Series A round from $18m to more than $20m. Axoni announced in December that it had raised...
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Intel Quietly Demos New Digital Asset Exchange

Intel has unveiled a new proof-of-concept tied to its Sawtooth Lake distributed ledger project. The latest prototype from the tech giant is a marketplace for the exchange of digital assets, a demo version of which has been posted on the Intel website. The release follows similar demos focused on...
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Coinify Deal Adds 3,000 Merchants to Bitcoin Network

Digital currency payments processor Coinify has inked a new partnership with Netherlands-based point-of-sale provider Countr that will bring more options for bitcoin spenders . Countr, which boasts a merchant network of about 3,000 outlets, will launch an updated version of its app that includes the Coinify...
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Litecoin Successfully Activates SegWit

A long-debated change originally intended to improve bitcoin has now locked in on the lesser-known cryptocurrency network litecoin. Segregated Witness (SegWit) has been the subject of bitcoin’s infamous scaling debate for a couple of years now, but it’s now getting an opportunity to shine on...
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Bitcoin Price Passes $1,800 to Hit New Record High

Bitcoin’s price rose above $1,800 this morning, setting a new all-time high, according to data from the CoinDesk Bitcoin Price Index (BPI). Average prices reached as high as $1,839.23, BPI data shows, after beginning the session at $1,732.13. Prices are currently at an average of around...
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Ethereum’s Double-Edged Sword: Will a Rising Price Hurt Users?

Ethereum supporters have every reason to be elated. Not only has the value of the platform’s ether tokens jumped by about 900% since the start of the year, but the public blockchain has recently attracted attention from banks and tech behemoths. And while ethereum supporters have long argued that the global...
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More German Prosecutors Join OneCoin Investigations

Germany’s fight against OneCoin, a digital currency investment scheme widely believed to be fraudulent, is heating up. German newspaper Süddeutsche Zeitung has published new details about the government’s efforts against OneCoin, reporting that prosecutors from the State Criminal Police Office of North Rhine-Westphalia, as well as...
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