Hey everyone, here the summary of the top news of the week brought to you by
http://www.hackingcrypto.com/ 1)
Circle acquires cryptocurrency exchange Poloniex -
https://techcrunch.com/2018/02/26/circle-acquires-cryptocurrency-exchange-poloniex/Circle just announced that it is acquiring U.S.-based cryptocurrency exchange Poloniex. According to Fortune, Circle is paying $400 million for the acquisition. Poloniex has been around for years and used to be one of the biggest exchanges out there — there are now many exchanges competing with Poloniex.
2)
China's Crypto Exchanges Are Thriving Again -
https://www.coindesk.com/chinas-crypto-exchanges-didnt-just-survive-theyre-thriving/It began like this: In January 2017, officials from the People's Bank of China stepped into the offices of the largest crypto exchanges in the country and sat down with their executives.
From the financial regulator's Shanghai and Beijing bureaus, the officials told the exchanges at the time they were interested in identifying whether anti-money laundering and capital control mandates were being met.
3)
First Liechtenstein bank to directly sell cryptocurrencies -
https://captainaltcoin.com/first-liechtenstein-bank-directly-sell-cryptocurrencies/The crypto boom is spreading to the mainland. For the first time, a bank offers direct investments in digital currencies – and promises protection against hackers.
Bank Frick has made it possible to trade five crypto currencies with immediate effect, as the Liechtenstein-based bank announced on Wednesday.
Professional investors and financial intermediaries can invest in the digital currencies Bitcoin, Bitcoin Cash, Ether, Ripple and Litecoin once a day via the Frick platform. Cornerbank, Falcon, IG Bank, Leonteq, Swissquote and Vontobel already offer similar services in Switzerland.
4)
$1 Trillion Investment Firm Ready to Trade Crypto -
http://www.coindaily.co/2018/03/01/1-trillion-investment-firm-ready-to-trade-crypto/There are many mainstream investors positioning themselves to invest in digital coins. In a recent report from a team that includes equity research analyst Matthew Lipton and trading technologies principal Lee Saba one of them is Boston-based Wellington Management Co.
The firm with $1 trillion under management is considering including cryptocurrencies in some portfolios. The company’s systems were upgraded to enable trading in Bitcoin derivatives, and Wellington has started taking positions in companies related to cryptocurrencies.
5)
Cryptocurrencies Might Be What Saves the World’s Failing Energy Grid -
https://fynestuff.com/cryptocurrency-energy-grid/Have you wondered about the possibility of trading locally generated energy with the people around you? This might sound fictitious, but among many of its other features, cryptocurrency, is in fact enabling such transactions using micro-grids around the world today. Among the many prospective applications of cryptocurrency in the near future, utilizing it to solve the problems of the energy management sector is one full of potential. This literally means you could, for example, “buy” or “sell” energy generated at a local wind or solar energy farm to prospective consumers, without the constraints of the conventional energy market.
6)
VC Investments In [Suspicious link removed]panies On Track To Exceed 2017’s Numbers -
panies-on-track-to-exceed-2017s-numbers]http://www.hackingcrypto.com/posts/XO0L3/vc-investments-in-[Suspicious link removed]panies-on-track-to-exceed-2017s-numbersThe amount of venture capital fundraising for Blockchain-based companies so far in 2018 has already reached more than 40 percent of last year’s total, according to a report released by Crunchbase News on Feb. 27.
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