Blockchain and cryptocurrency startup Paxos raises $65 million

NEW YORK (Reuters) – Blockchain and cryptocurrency startup Paxos has raised $65 million from investors including venture capital firms RRE Ventures and Liberty City Ventures, the New York-based company said on Thursday. Paxos will use the cash injection to expand its operations,

Blockchain could take off in retail

This story was delivered to Business Insider Intelligence “E-Commerce Briefing” subscribers hours before appearing on Business Insider. To be the first to know, please click here. The retail industry will reach a “tipping point” within the next five years … Source link

6 Ways to Avoid Getting Scammed by an Initial Coin Offering (ICO) Fraud

Scams involving cryptocurrencies and especially initial coin offerings (ICOs) are on the rise and the trend shows no signs of slowing.   This month, securities regulators across North America initiated an organized crackdown on fraudulent cryptocurrency investment products. According to the North American Securities Administrators Association,

Bitcoin could be extinct by 2118: Yale’s Robert Shiller

Nobel Prize-winning economist Robert Shiller is drawing parallels between the world’s leading cryptocurrency and the dinosaurs. According to the Yale professor, bitcoin could go extinct within the next 100 years. “Bitcoin won’t look anything like it is today. It will have a