Another quiet summer week in the crypto-sphere still saw its fair share of development in the blockchain technology space, as well as more venture investment.
Bitcoin-powered payments startup Bitreserve, which pegs user holdings to fiat currencies or precious metals, through crowdfunding. BitX, a bitcoin wallet, merchant service and exchange, in a Series A round led by the payments arm of South Africa internet giant Naspers’ Group.
French banking giant BNP Paribas to disclose toying with blockchain technology, trialing it for its trading operations. Tunisia’s government and French Bank Société Générale to explore Bitcoin and blockchain technology.
Coinffeine, a Spain-based bitcoin exchange, following a trial phase. The exchange is unique in taking the form of open source, non-web based software, aiming to facilitate decentralized, peer-to-peer (p2P) bitcoin trading without the need for a central custodian over funds.
Tyler and Cameron Winklevoss to the New York Department of Financial Services (NYDFS) to grant their envisioned bitcoin exchange, Geminin, a trust company charter.
Bitcoin prices closed the week higher by 3.2% at $288, advancing to their highest levels since breaking $300 two weeks ago. Litecoin closed the week higher by 18% at $4.58, continuing its wild ride.
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