This video is brought to you by CoinIdol.com in partnership with Koles Coin News Channel
Luma Ventures expands into the blockchain technology space. Coinfirm, a London-based blockchain technology company secured a $700,000 investment from Luma Ventures, a venture capital firm, and has opened its current round to other investors. Coinfirm marks Luma Ventures’ expansion into the space of blockchain technologies. While not widely known in the U.S. or U.K., Luma Ventures has more than $1.1 billion in transactions. Pawel Kuskowski, Coinfirm’s co-founder and CEO, comments: “We’re growing at a very fast rate and need to scale up quickly to continue to lead and expand on the global market.”
Blockchain Capital. The investment company announced the appointment of Spencer Bogart as a managing director and the head of research. The former analyst at consulting firm Needham & Company, Spencer Bogart is known for his research in the field of blockchain ecosystem and bitcoin. «Spencer has a talent for deep due diligence in blockchain technology. He has excellent company contacts and will be a valuable member of the Blockchain Capital investment team», said managing partner Blockchain Capital Bart Stevens.
The supporters of cryptocurrency collect donations. Advocacy bitcoin group Coin Center has received more than $1 million dollars as donations. Among partners were such companies as Abra, Bitso, ConsenSys, Lightning, OB1, Ripple, ShapeShift and SolidX, and few individuals, whose names were not disclosed. The funds will be directed to support the industry of cryptocurrencies. According to Jerry Brito, executive director of Coin Center, additional funds are to be raised by the company during the special charity event in the “Consensus”blockchain conference, that will take place in the New York City, in May.
The major banks trial blockchain for live oil trading. Two European banks have released the blockchain prototype project Easy TradING Connect. The platform was unveiled by Dutch financial services company ING and French banking group Société Générale. The platform was used to conduct a live oil trade with trading firm Mercuria. Alistair Cross, Mercuria’s global head of operations, commented: “The blockchain technology allows for access to real-time data and key details of the transaction all in one ecosystem, creating an improved and more flexible user experience.”