Babcock Advisors – Growth strategies and Exit Planning

Tag: cryptocurrencies

  • Starting with data centers, Carbon Relay is slashing energy costs and emissions using AI

    Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today that’s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence to curb greenhouse gas emissions in the technology industry’s own backyard — the data center. Already, the computing demands of the technology industry are responsible […]

  • Coinbase abandons its cautious approach with plan to list up to 30 new cryptocurrencies

    Coinbase is the most conservative exchange in cryptoland, largely because it operates in the U.S. under the watchful eye of the SEC. The $8 billion-valued company trades fewer than ten cryptocurrencies to consumers but on Friday announced it announced a major expansion that could see it list up to 30 new tokens. The company said it is […]

  • The Hack Fund will use crypto to give startups early liquidity

    Now that “utility” tokens have become a popular and international way to fund major blockchain projects, a pair of investors are creating a new way to turn tokens into true equities. The investors, Jonathan Nelson and Laura Nelson, have created Hack Fund, an early stage investment vehicle that allows startups to launch what amounts to […]

  • Its the end of crypto as we know it and I feel fine

    Watching the current price madness is scary. Bitcoin is falling and rising in $500 increments with regularity and Ethereum and its attendant ICOs are in a seeming freefall with a few “dead cat bounces” to keep things lively. What this signals is not that crypto is dead, however. It signals that the early, elated period […]

  • Brooklyn Bitcoin Mine Causes Static for T-Mobile Users

    Authorities believe they have found the culprit that was causing static for T-Mobile US Inc. customers in southern Brooklyn: an energy-sucking, interference-spewing cryptocurrency miner tucked away in a home. Agents for the Federal Communications Commission used direction-finding devices to locate the offending equipment in a home in zip code 11229, an area that includes Sheepshead Bay. […]

  • David Sackss new startup wants to make it safer for old-guard industries to jump into crypto

    SEC chairman Jay Clayton made clear today that his agency, along with the Commodity Futures Trading Commission, remains acutely concerned about initial coin offerings and cryptocurrency trades. In fact, toward that end, they’d like more expansive powers when it comes to protecting customers on cryptocurrency exchanges from fraud. “When you have an unregulated exchange, the ability to manipulate prices […]