Bitfinex ‘Official Doc’ Confirms Plans to Raise up to $1 Billion in IEO for Its Token LEO

Zhao Dong, a shareholder of cryptocurrency exchange Bitfinex, released new material concerning an upcoming initial exchange offering. Zhao Dong, a shareholder of cryptocurrency exchange Bitfinex, has released new promotional material detailing the exchange’s upcoming initial exchange offering (IEO) for up to $1 billion. The information was shared in a tweet from Dong on May 4. […]

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Coinbase CTO Balaji Srinivasan Departs From the Firm

Chief technology оfficer at U.S.-based cryptocurrency exchange Coinbase, Balaji Srinivasan, announced his departure. Chief technology officer at major United States-based cryptocurrency exchange Coinbase, Balaji Srinivasan, announced his departure from the company on Twitter on May 3. In his tweet, Srinivasan said that he had enjoyed his time at the exchange and that he will now […]

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Singapore Regulator Recognizes Potential of Blockchain for Cross-Border Payments

The Chief Fintech Officer of the Monetary Authority of Singapore delivered statements at the Blockchain in Business event at the Massachusetts Institute of Technology. Sopnendu Mohanty, Chief Fintech Officer of the Monetary Authority of Singapore (MAS), said that blockchain has potential for cross-border payments but the agency “does not see much” in retail bank digital […]

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Crypto Regulation Experts Debate State vs. Federal Regulation in the Blockchain Era

Crypto regulatory experts debate state vs. federal-level regulation at MIT’s Business of Blockchain event. Three cryptocurrency experts expressed diverging views towards United States crypto regulation at a panel during the Massachusetts Institute of Technology’s (MIT) Business of Blockchain event on May 2. Wyoming Blockchain Coalition president Caitlin Long argued that digital assets are property and […]

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Four Leading US Drug Companies Join Blockchain Project to Manage Chargebacks

Four major U.S. drug companies have joined a blockchain project to manage chargebacks. Pfizer Inc. and other leading American pharmaceutical companies have joined a project to build a blockchain network for the health and pharmaceutical industry, according to a press release on May 2.   McKesson Corporation, AmerisourceBergen Corporation, Premier Inc. and Pfizer Inc. have […]

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