Finance and Funding

Blockchain provides for enterprise solution for various purposes, it is a also a means of fund raising and payment. A lot of the financial world is now looking at this sector for various reasons, find out about such Business and Finance related updates in this segment. Stay tuned to this section to also learn the latest about market cap, XRP, XLM, Banks all here on Altcoin Buzz.

China: Government Backed Blockchain Fund and Blockchain Industrial Park

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A recent development in China’s constantly changing mindset on cryptocurrency and blockchain is a new $1.6 billion government-backed blockchain fund. Monday, the fund, called the...

Multi-Billionaire George Soros Gearing Up To Invest, Arizona Tax Bill Update

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George Soros to trade cryptocurrencies 87-year-old multi-billionaire George Soros is planning to trade cryptocurrencies. This is an interesting development from Soros since he has doubted...

Bitcoin Price Surges Over Last 48 hours, Whales Are Coming

While the Easter weekend initially started with a decreasing Bitcoin that also dragged other cryptocurrencies down with it, since yesterday the crypto market seems...

Telegram Raises $1.7B, Tech Support Scams, Ether Testing New Lows

Telegram Raises $1.7B In ICO Telegram, an encrypted messaging app, is seeking to create its own cryptocurrency. They raised $850 million in February and an...

Binance Is Moving To Europe And Opening A Fiat-to-Crypto Exchange

The world’s largest cryptocurrency exchange by trading volume, Binance, is moving to Malta and will soon start a fiat-to-crypto exchange. Until now, Binance has been...

Mt. Gox Trustee Is Crashing Bitcoin

Mt. Gox trustee sold $400mln worth of Bitcoin and Bitcoin Cash on open source exchanges, causing the price of BTC and BCH to drop. Back...
Binance Adopts Blockchain Mining, Starts Binance Pool

Binance Attack: Irregular Trades Reversed And Hackers Lost Money

Users of the biggest cryptocurrency exchange by trading volume, were phished by a group of hackers. March 7th, irregular trading activity was detected on the...

PayPal Files Patent For Faster Cryptocurrency Transaction System

PayPal is looking for a way to make cryptocurrency payments faster. PayPal has filed a patent for an “EXPEDITED VIRTUAL CURRENCY TRANSACTION SYSTEM” on March...

Venezuela’s Cryptocurrency ’Petro’ Netted $735 Million In One Day

Venezuela has launched a cryptocurrency called ‘Petro’ in an attempt to circumvent U.S. financial sanctions. The Venezuelan president claims it netted $735 million in...

Visa and Worldpay Are Taking The Blame And Refunding Duplicate Coinbase Fees

February 17th, Visa and the payment processor Worldpay issued a joint statement, taking responsibility for duplicate charges. The cryptocurrency exchange, Coinbase, received numerous complaints from...