Silicon Valley news-Page 2
Bitcoin Is a Paradigm Shift Beyond Wall Street
When the Goldman Sachs report came out dismissing Bitcoin’s status as an asset class, there was significant backlash from the crypto community. This is understandable, as for those building in crypto, the points against Bitcoin didn’t make sense. For nearly a decade of my career, I was a banker at Goldman, but decided to leave Wall Street to join an incredible group of people at OKCoin, who are on a mission to make crypto trading easy and accessible for everyone around the world. Having been on both sides, I can appreciate why Goldman Sachs analysts made certain arguments in their …
Decentralization / June 4, 2020
Amazon Tech Experts-Backed Blockchain CRM Network Raises $3.5M
Cere Network, a San Francisco-based blockchain customer relationship management (CRM) startup, has completed a $3.5 million funding round. The seed round involved major global blockchain investors, including Binance Labs, a venture arm of Binance, the second biggest crypto exchange by trading volumes to date. Other investors included Neo Global Capital, Fenbushi Capital, Arrington XRP Capital, Kenetic Capital, Alphabit Fund, Block VC, Kosmos Capital, LD Capital, Monday Capital, Pre Angel Fund and Republic Labs. Alongside with the investment, Cere Network announced the launch of a new office in New York, as well as plans to set up the Cere Network Innovation …
Blockchain / Aug. 19, 2019
Andreessen Horowitz Restructures, Registering Entire Staff as Financial Advisors
American venture capital firm Andreessen Horowitz is restructuring by registering all of its employees as qualified financial advisors, Forbes reported on April 2. Andreessen Horowitz — a Silicon Valley company specializing in investing mostly in technology and financial services startups, having raised $1.7 billion across seven funds — told Forbes that it is registering their all 150 employees as financial advisors, which renounces the company’s status as a venture capital firm entirely. The restructuring will purportedly enable Andreessen Horowitz to take riskier bets on certain business areas, including digital currencies. “If the firm wants to put $1 billion into cryptocurrency …
Altcoin / April 2, 2019
Former Linkedin Data Executive Joins Coinbase as VP of Data
Former LinkedIn executive Michael Li has recently joined major U.S. crypto exchange and wallet provider Coinbase as the VP of data, TechCrunch reports September 18. Li started his career at LinkedIn as Director of Business Analytics back in 2011. The expert has been growing his professional experience at the the business and employment-oriented company, working on business analytics and data science. In his LinkedIn post, Li noted that centralized data organization is a “strategic way to get the most value out of data for the company,” claiming that it is “still a new concept for many companies,” including those in …
Blockchain / Sept. 19, 2018
Hyperledger Exec: Blockchain Will Diminish Power of Tech Giants Like Google
Executive Director of Hyperledger Brian Behlendorf said he expects blockchain technology to curb the power of Silicon Valley's major technology companies, Cointelegraph auf Deutsch reported today, June 6. In an interview with Swiss business newspaper Handelszeitung, Behlendorf said that the coming wave of technology “will not be shaped by Silicon Valley,” adding that too many companies in Silicon Valley want to be the center of the world and “have a blind spot when it comes to blockchain.” Behlendorf stated: “Tech giants such as Google , Amazon or Facebook will undoubtedly pick up blockchain and generate business models from it. However, …
Adoption / June 6, 2018
‘51 percent attack’ in Silicon Valley TV Series - Real Life Possibility?
Most modern technological marvels make their way into mainstream media, but a select few are influential enough to feature on some our favourite TV shows. Bitcoin and cryptocurrencies are no exception, having captured the imagination of millions around the world during a breakout period in 2017. Primarily driven by Bitcoin’s astronomical boom in value as the year drew to a close, people from all walks from life had either heard about Bitcoin or were actively looking to get involved. With mainstream media headlines came all the fanfare with it, and popular TV show writers weren’t about to be left behind. …
Bitcoin / May 20, 2018