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The World Economic Forum (WEF) has recognized six blockchain firms on its list of 100 ‘early to growth-stage’ companies as Technology Pioneers for 2020.According to the WEF’s website, the blockchain and crypto startups recognized for pioneering new technologies and innovations in 2020 are Lightning Labs, Chainlink, MakerDAO, Bitcoin analytics firms
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[sociallocker id="55298"] Last week, Minneapolis police officers killed a 46-year-old black man accused of buying cigarettes with a counterfeit $20 bill. Ongoing protests have erupted across the country, condemning police brutality and systemic racism. Part of this conversation – taking place on the streets, over the airwaves and in people’s homes
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[sociallocker id="55298"] Bitcoin (BTC) was trading around $9,575 as of 20:00 UTC (4 p.m. ET), gaining less than a percent over the previous 24 hours. After Tuesday’s rapid 8% drop in less than five minutes on high sell volume, bitcoin’s prices have steadied. At 00:00 UTC on Wednesday, the world’s largest
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We are excited to announce that Cryptox has joined the World Economic Forum’s Strategic Intelligence contributor network as a content partner, supplying the latest blockchain and cryptocurrency industry news, market analysis and op-eds into its sophisticated and wide-ranging knowledge base. Launched in 2019, Strategic Intelligence uses a combination of professional and
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Bitcoin and the S&P 500 may have strongly recovered from their March lows, but it’s been a dismal quarter for the world’s economies.Unemployment has skyrocketed, consumer confidence is crashing, and against the U.S. dollar, foreign currencies are falling off a cliff.The latter issue is especially pertinent in Turkey, where the
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Institution-facing liquidity aggregator, FalconX, has announced a $17 million fundraising round including participation from Coinbase Ventures, Accel, and a venture capital firm associated with FMR LLC — the parent company of Fidelity Investments.FalconX will use the funds to scale its infrastructure, introduce new products, and expand its trade execution engine.Institutional
Read MoreAlthough coronavirus conditions have created global economic difficulties, cryptocurrencies could see growth amid the struggle, according to one blockchain incubator's head."Short-term: digital currencies suddenly look appealing," Polyient Labs CEO Brad Robertson told Cryptox in a May 1 email. "If someone only looked back at the last two weeks, they might think
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Billionaire investor Warren Buffett says he's having a hard time finding attractive investments as the coronavirus ravages the global economy.Maybe he should take advice from professional crypto investors like Pantera Capital's Dan Morehead – and reconsider bitcoin.You're reading First Mover, CryptoX's daily markets newsletter. Assembled by the CryptoX Markets Team, First
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Speaking at Virtual Blockchain Week, Bitcoin.com chairman Roger Ver (also known as “Bitcoin Jesus”) has called for an immediate end to the enforced coronavirus lockdown on the grounds that it violates economic and personal freedom."I think the lockdown needs to come to an end, right now, today," he said. "If
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The World Economic Forum published a report looking at how the deployment of blockchain-based solutions can address the supply chain inefficiencies and failures that have been exposed by the COVID-19 pandemic.Alongside the report, the WEF has released a blockchain deployment toolkit intended to assist government and businesses in adapting their
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