Pangea Blockchain Fund has debuted its blockchain fund, securing $22 million with key investors including Bitcoin.com CEO Roger Ver, according to a press release on Feb. 27. Switzerland-based Pangea Blockchain Fund is targeting the development of transformative blockchain-driven solutions and expects the total fundraising to be capped at $200 million. The recent seed round was also participated in by Copernicus Asset Management, a financial services group based in Lugano, Switzerland. The company is licensed as a Swiss Authorized Asset Manager and also acts as an investment manager for Pangea’s fund. Pangea Blockchain Fund’s investment adviser Blockchain Investment Advisory Sagl, is …
Florida-based United American Corp. (UnitedCorp) has purportedly filed a lawsuit against Bitmain, Bitcoin.com, Roger Ver, and the Kraken Bitcoin Exchange, according to a press release published Dec. 6. UnitedCorp alleges that the defendants planned a scheme to take control of the Bitcoin Cash (BCH) network. Founded in 1992, UnitedCorp is a development and management firm with a focus on telecommunications and information technologies. The company manages a portfolio of patents and proprietary technology in telecoms, social media and blockchain. UnitedCorp also owns and operates BlockchainDomes stations, that provide heat for agricultural applications. The suit filed in the U.S. District Court …
Bitcoin.com CEO and Bitcoin Cash (BCH) proponent Roger Ver remained buoyant about cryptocurrency markets Dec. 4, telling Bloomberg the “future is brighter than ever.” In an interview in Tokyo, Ver, who has become known for his slighting of Bitcoin (BTC) in favor of Bitcoin Cash, briefly put the two coins’ differences aside to explain that despite price suppression, there remained a foolproof case for further adoption. “Long term, the future’s brighter than ever; there’s more awareness, there’s more adoption, there’s more stuff happening all over the world,” he told the network, continuing: “Of course I’m incredibly bullish on the whole …
Billionaire Entrepreneur and Bitcoin Cash SV (BCH SV) supporter Calvin Ayre has declared that the coin “no longer want[s] the name Bitcoin Cash [BCH]” in a article published Nov. 23. Posted on Ayre’s own crypto media outlet CoinGeek, the statement claims that Bitcoin Cash SV will continue to exist independently from Bitcoin Cash (BCH), and that the coin is in fact the “original” Bitcoin (BTC): “Bitcoin SV is the original Bitcoin not the original Bitcoin Cash.” Ayre calls on Bitcoin Cash ABC – the Roger Ver-backed coin created in BCH’s recent hard fork – to “permanently split” the two chains …
Major U.S. cryptocurrency exchange Kraken confirmed in a blog post Nov. 18 that it had begun supporting both forks of Bitcoin Cash (BCH), while warning traders about “many red flags.” Kraken, which initially said it would only support only one of the two BCH chains – Bitcoin Cash ABC – has at press time already launched trading of its counterpart chain, Bitcoin Cash SV (BSV). The product of a contentious hard fork of the BCH network Nov. 15, Bitcoin Cash SV currently sits at the center of controversy over BCH miner coercion, with major proponent Craig Wright and his company …
The latest Bitcoin Cash (BCH) network update has resulted in a complex battle, and the blockchain has been split into two: BCH ABC is in one corner, and BCH SV is in the other. Here is what they both stand for, and who is currently winning the hash war. BCH, ABC, SV: Who is fighting and why? Bitcoin Cash emerged on August 1, 2017 after departing from Bitcoin’s (BTC) original blockchain via a hard fork. The separation happened in an attempt to manage BTC’s scalability problem. Part of the Bitcoin community, lead by Roger Ver, rallied for increasing Bitcoin’s block …
In the aftermath from yesterday's Bitcoin Cash (BCH) hard fork, both opposing camps in the so-called "hash war" are mining at a hefty loss, according to a tweet from the research arm of Hong Kong-based crypto derivatives platform BitMEX today, Nov. 16. On Nov. 5, BitMEX Research announced it would be launching a network monitoring tool for both Bitcoin (BTC) and Bitcoin Cash (BCH), specifically in preparation for the widely-anticipated BCH hard fork Nov. 15. As previously reported, disagreements over a proposed network upgrade have split the BTH community into opposing factions, resulting in an intense "hash war" between miners. …
Born out of the original Bitcoin blockchain on August 1, 2017, Bitcoin Cash (BCH) has split the cryptocurrency community into warring factions with their own arguments, verbal skirmishes, leaders, convictions and occasional get-togethers. On November 15, BCH developers are preparing to undergo its next hard fork, a split of the blockchain, which can give birth to new tokens named Bitcoin SV (Satoshi’s Vision), Bitcoin Unlimited and Bitcoin ABC. How Bitcoin Cash appeared The Bitcoin evolution has been constantly debated within the developers community, who had opposing views on what technology to implement and what rewards miners should receive. In July …
The interview has been edited and condensed. Roger Ver is one of the most famous personas in the crypto industry. He calls himself “the first investor into the crypto industry,” being involved with it since 2011. Studying computer science and economics “as a young man” helped him understand the technology behind Bitcoin. “There was absolutely no doubt in my mind that people were going to start using it as money. And like anything, the price is set by supply and demand. “Because the supply of Bitcoin was limited, as more and more people demanded to start using it as money, …
Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week CNBC’s Ran Neuner Claims Bitcoin’s Price Is Set To “Explode” Ran Neuner, crypto analyst and host of CNBC’s show Cryptotrader, said this week that the price of Bitcoin is “about to explode.” In a series of tweets, the trader predicted that a notable Bitcoin rally could be tied to the SEC’s upcoming decision …
Bitcoin (BTC) and Bitcoin Cash (BCH) services firm Bitcoin.com is planning to buy or set up its own crypto exchange, the company’s CEO Roger Ver revealed in an interview with Bloomberg Oct. 9. According to Ver, the upcoming crypto trading platform will be placed on the Bitcoin.com website, which is expected to generate a great amount of traffic via various services such as wallet transactions and news. Ver said the new platform will get “thousands or tens of thousands of new users every single day” through Bitcoin.com. Ver mentioned that he is considering finding a partner to help create an …
“Traditional” venture capital (VC) investment in blockchain and crypto firms has almost tripled in the first three quarters of 2018, according to a new Diar report published September 30. Diar cites data from Pitchbook that indicates that blockchain and crypto-related firms have raised almost $3.9 billion in VC capital in so far this year — a 280 percent rise as compared with last year. The rise comes not just in terms of an increasing number of deals, but also in the burgeoning median value of each, which has grown by over $1 million this year. VC investment and deal count …