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SINGAPORE VC FIRM LAUNCHES DEDICATED $10 MILLION CRYPTOCURRENCY FUND
Singaporean venture capital firm Golden Gate Ventures is launching what it bills as Southeast Asia’s ‘first dedicated VC cryptocurrency fund’ with $10 million in investment capital. Dubbed LuneX Ventures, the fund will see a ‘laser-like focus’ on the cryptocurrency and blockchain space by investing in early-stage startups including cryptocurrency exchanges
Larry Page, one of the founders of online encyclopedia, Wikipedia, has launched a new project by the name of Everipedia. Everipedia is almost like a blockchain development of the much loved Wikipedia and aims to bring knowledge sharing to the blockchain, through token incentivisation for content creators.
41% OF AMERICANS AREN’T INTERESTED IN CRYPTOCURRENCY INVESTMENTS, SURVEY SHOWS
A survey recently conducted by analytics firm Harris Insights found that 41% of Americans aren’t interested in investing in cryptocurrencies, as they claim nothing could get them to put their money in the market.
BITCOIN [BTC] & BITCOIN CASH [BCH] NEWS
On Thursday, August 9, a developer and researcher in the crypto industry detailed the difficulties he had communicating a vulnerability in the Bitcoin Cash protocol to their dev team. Cory Fields from the Digital Currency Initiative at MIT Media Lab in Massachusetts outlined the issue in a post on his Medium blog.
VITALIK BUTERIN AND CHANGPENG ZHAO SQUABBLE ON SOCIAL MEDIA
Ethereum co-founder and Binance CEO recently took to social media to air individual grievances surrounding centralization of crypto-exchanges.
With the markets still suffering in the wake of the United States Securities and Exchange Commission (SEC) decision to delay their Bitcoin ETF announcement, we want to turn to the current standings to assess what could happen over the next few weeks. We must bear in mind that during September, a number of ETF announcements are due to be made
PGA CHAMPIONSHIP HIT WITH BITCOIN RANSOM ATTACK
Hackers have set their eyes on the PGA Championship’s computer system in the latest cyber heist, demanding a Bitcoin ransom. According to Newsmax, the PGA’s computer system suffered a security breach leaving some files inaccessible unless a Bitcoin ransom is paid. While viewers are glued to their screens, the PGA will be hard at work resolving the problem.
BITCOIN MIGHT COLLAPSE TO $4,000, TECHNICAL ANALYST SAYS
The cryptocurrency market, Bitcoin included, has had a string of bad days, and some technical analysts anticipate the bearish trend to persist.
5 REASONS WHY INSTITUTIONAL INVESTORS ARE ENTERING CRYPTO
2018 has been a crazy year for Bitcoin and crypto so far, with its price fluctuating wildly around the psychological price point of $8,000, and not succeeding in maintaining itself on its higher side. Bitcoin has shed as much as 70% from it’s all-time high of nearly $20,000.