Major Japanese trading company is looking to leverage blockchain technology through a deal with LO3 Energy. Japanese general trading company Marubeni Corporation has partnered with a New York-based blockchain startup to use the technology for its energy business, Marubeni confirmed in a press release on Feb. 20. Marubeni, which has expanded beyond Japan into the […]
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Tesla CEO Elon Musk said that Bitcoin is “a far better way to transfer value than pieces of paper,” during an interview on the advisory services firm ARK Invest’s podcast. Technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant” and that digital currency is “a far better way to […]
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A Nova Scotia supreme court justice has chosen the legal representatives for clients of Canada’s major crypto exchange QuadrigaCX. The Supreme Court of Nova Scotia has ordered Canadian law firms Miller Thomson and Cox & Palmer to represent customers of cryptocurrency exchange QuadrigaCX in upcoming proceedings. The ruling was announced in a court filing published […]
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A new survey reveals that organizations are not ready to implement blockchain tech, although a half of respondents are considering blockchain adoption. A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published […]
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A new survey from investment platform eToro has revealed that 43 percent of millennial traders trust traditional stock exchanges less than crypto exchanges. Nearly half of millennial traders have more trust in digital currency exchanges than in United States (U.S.) stock market exchanges. Data regarding millennial investment attitudes was collected in a new study from […]
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Blockchain security firm and wallet service BitGo revealed plans to offer crypto insurance through Lloyd’s of London. Blockchain security firm and crypto wallet service BitGo has revealed plans to offer crypto insurance through Lloyd’s of London, according to a press release on Feb. 19. BitGo Business Wallet clients will be able to acquire insurance for […]
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Cyprus’ securities regulator is calling for the transposition of an extended version of the European Union’s Fifth Anti-Money Laundering Directive into national law. The Cyprus Securities and Exchange Commission (CySEC) is calling for the transposition of the European Union (EU)’s Fifth Anti-Money Laundering (AML) Directive (AMLD5) into national law — bringing local regulation of cryptocurrencies […]
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New York-based True Digital announced the appointment of former Bridgewater Associates COO Thomas Kim as its new CEO. New York-based fintech company TrueDigital Holdings (TDH) announced the appointment of former Bridgewater Associates chief operating officer Thomas Kim as its new CEO through a post on its website on Feb. 19. Before his time at Bridgewater […]
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Third-largest cryptocurrency exchange OKEx has added 4 additional crypto assets pairs to its margin trading platform. Malta-based cryptocurrency exchange OKEx has added four new crypto derivative pairs to its platform, according to a press release shared with Cointelegraph on Feb. 19. OKEx, the third-largest crypto exchange by trade volume, has announced the listing of Bitcoin […]
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U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018. On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components. The firm’s main products include graphics processing units […]
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