Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

Venture capitalist Peter Thiel has purportedly invested in digital currency investment platform Layer1. Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19. San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel, crypto-focused venture […]

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China: Media Alliance to Use Blockchain Technology for Copyright Protection

30 major Chinese media outlets established a new alliance for copyright protection using blockchain technology. A media copyright protection alliance has been established in Beijing to provide copyright protection services using blockchain technology, according to the Chinese state-owned International Finance News on Dec. 19. The newly established alliance — the “China Financial Media Copyright Protection […]

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Thailand Regulator on Relaxing ICO Rules: We Want to ‘Find Greater Equilibrium’

Thailand has signalled it plans to take the rare step of simplifying procedures through which ICOs can raise money. Thailand’s securities regulator is planning a public hearing with the aim of loosening rules that form a “barrier” to initial coin offerings (ICOs), local English-language news outlet Bangkok Post reported Dec. 20. Thailand — which issued […]

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