Templum raises $2.7 million to launch regulated US ICO exchange
arlier this month, the Blockchain-based startup Templum launched a regulated US exchange for ICOs, also called Templum, in partnership with the broker-dealer Liquid M Capital.
Ethereum co-founder admits “it’s a bubble”
During an event hosted by Quartz and Retro Report Lubin said, “of course it’s a bubble.” However, according to him, “bubble bursting” is a silly concept as it is not necessarily a bad thing for technology.
Breitbart promotes investment in high-risk cryptocurrencies
This Tuesday, over 675,000 Breitbart mailing list subscribers received an email encouraging them to invest in risky cryptocurrencies supported by the advice that “the cryptocurrency market is RED HOT.”
ConsenSys invests $5M in Civil
On Wednesday, the New York City-based decentralized newsmaking platform, Civil, announced to have raised $5 million in funding. The firm plans on setting aside half of the funds as capital, while utilizing the other half to develop its services.
Korean Central Bank classified cryptocurrencies as commodities
On Monday, a parliamentary audit was conducted of the Bank of Korea, the Central Bank of the Republic of Korea, by the country’s National Assembly. During the hearing, the head of the bank refused to classify cryptocurrencies, such as bitcoin and ether, as currencies and declared them to be commodities instead.
Bitcoin price falls following fork
The culprit behind the sudden drop in value is the creation of Bitcoin Gold, which occurred on the 23rd of October. Bitcoin Gold is the newest cryptocurrency and has been developed using the same technology that was used to develop Bitcoin.
Normalization of blockchain will take time
Blockchain projects backed by big names may be flooding the blockchain news outlets these days, but the projects that are being started seem too small and do not completely employ the innovation that is promised by blockchain.
