Bitcoin trading seems to have relaxed a bit following Monday’s recovery, when the price of BTC went from $7,790 to close the day above $8,200. Since then, Bitcoin has not been able to break through the small and, frankly, boring horizontal channel of roughly $200, bouncing between $8100 and $8280—once again providing a signal to...Read More
Encryption startup NuCypher raised $10.7 million in an agreement for future tokens (SAFT). The firm’s investment round was led by San Francisco-based Polychain Capital. NuCypher also announced that it has launched its public testnet. The company’s main product is based on proxy re-encryption, which encrypts files being sent to individual and administrator accounts. It controls...Read More
Japan’s oldest brokerage firm has established a blockchain-related partnership with the operator of the nation’s most widely-used messenger service. According to the October 4 announcement, Nomura Holdings, the parent company of Nomura Securities, revealed it has invested in LVC, a subsidiary of South Korea’s Line, following an agreement finalized on September 24. The terms of...Read More
TipJar, an Ethereum (ETH)-powered service that allowed redditors to send micropayments to each other in Ether and ERC-20 tokens, was shut down on Oct. 7. Its website is still operational but will be also closed on April 10, 2020. In a Reddit announcement published on the same day, TipJar’s developer cited “very little activity on...Read More
