Bitcoin News Mash-Up: Nasdaq’s New Partner; CIBC CEO on Blockchain; and More


Bitcoin News Mash-Up

Following are the major Bitcoin news of the day

Nasdaq Appoints Bitcoin Startup Chain for Its Blockchain Experiment

American stock exchange Nasdaq, which had announced to experiment with Bitcoin blockchain technology, has now taken a few steps towards its implementation. The Wall Street giant has lately partnered with Chain, a Californian Bitcoin startup that would assist them in integrating blockchain infrastructure into their Nasdaq Private Markets. You can read the full story here.

Canadian Bank Admits Experimenting with Bitcoin Technology

Canadian Imperial Bank of Commerce (CIBC) recently admitted that it is studying the disruptive payment technologies such as Bitcoin. The comments came at the time when the bank was announcing its own mobile payment application, but was disrupted due to incoming questions about the digital currency. CIBC CEO however appreciated the Bitcoin technology but, at the same time, rubbished speculations that banks are scared of it. You can read the full story here.

Blockchain Capital Raises $7m in New Round

Blockchain Capital, a venture capital firm led by serial entrepreneur Brock Pierce, recently bagged $7 million in first close, the money which will be used to fund emerging Bitcoin and blockchain startups. The venture capitalist firm is further planning to add $3 million more to continue support the talented startup projects. You can read the full story here.