“Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time,” Vitalik Buterin tweeted this weekend. “Don’t put in more money than you can afford to lose. If you’re trying to figure out where to store your life savings, traditional assets are still your safest bet.”
In the pre-sale round including venture investors, Telegram managed to raise a whopping $850 million, over its initial target of $600 million.
An anonymous trader has sunk $400 million into the cryptocurrency, raising his or her stake from 55,000 coins to more than 96,000 between Feb. 9 and Feb. 12.
A Chinese multinational PC company, Lenovo, filed a patent application with the US for a Blockchain-based validation system for proving the integrity of physical documents.
South Korean cryptocurrency exchanges will hand over tax on almost $650 mln in revenues by the end of April.
Citi joined Credit Agricole, Computershare, S2iEM and Deloitte as shareholders in the blockchain-based payment and settlements startup SETL.
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