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The cryptocurrency exchange Cobinhood’s founders raise $20 million for the development of a new blockchain that is expected to perform 1 million transactions per second. That would be huge given that Bitcoin only can perform ten transactions per second, Ethereum 15 and even VISA can “only” perform 23,000 per second. They are all outperformed in … Continue reading Cobinhood Founders Raise $20 Million for Blockchain That Processes 1 Million Transactions Per Second
Payments giant PayPal have made their first ever investment into a blockchain company. They have invested in Cambridge Blockchain– a company that helps financial institutions and other companies manage sensitive data such as personal ID on shared ledgers. PayPal’s funding was part of an extension to series A funding. The Series A round of funding … Continue reading PayPal Makes its First Blockchain Investment Focusing on Digital Identity
The investment management firm Cambridge Associates urge institutions to put their money into cryptocurrencies. Cambridge argues that it is time to explore the opportunities and invest for the long-term. Institutions should explore cryptocurrencies Cambridge Associates is a global consultant for pensions and endowments and work with institutional investors and family offices. They manage custom investment … Continue reading Major Wealth Manager: Put Your Money On Cryptocurrencies Long-Term