Sweetgreen, a renowned U.S. fast-casual salad chain, has announced another $200 million funding round, mentioning blockchain among its key development areas. U.S. fast-casual salad chain Sweetgreen has announced a second funding round to raise $200 million, mentioning blockchain among its key development areas, according to a press release published Tuesday, Nov. 13. Throughout the first […]
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Swiss stock exchange SIX, which is set to launch a blockchain-powered platform in mid-2019, believes digital exchanges will replace traditional ones in a decade. Digital exchanges based on blockchain technology will completely replace traditional ones in ten years, Thomas Zeeb of Swiss leading stock exchange SIX told Reuters Wednesday, Nov. 14. “The existing system could […]
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Forex exchange settlement giant CLS will launch its IBM blockchain-powered netting service within “a matter of days.” Forex exchange (FX) settlement giant CLS will launch its IBM blockchain-powered netting service within “a matter of days,” according to Chief Strategy Officer (CSO) Alan Manquard. The CSO made the announcement at the IBM Think Tank conference in […]
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French stock market regulator AMF says France accounts for a minor part of the global ICO market, while the U.S. leads the industry. The Initial Coin Offering (ICOs) industry in France represents a minor part of the global ICO market, according to a report on ICOs released by French financial markets regulator AMF (l’Autorité des […]
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The CTO of IBM Blockchain for Financial Services has said that CBDCs can help mitigate the risks that contributed to the 2008 financial crash. Stanley Yong, global lead for central bank digital currency (CBDC) solutions at IBM, has said that CBDCs can help to mitigate the risks that contributed to the 2008 financial crash. Yong […]
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Tokyo police have arrested eight men suspected of involvement of a pyramid scheme, collecting about $68.4 million in cash and BTC. Tokyo police have arrested eight men that are suspected of collecting a total amount of $68.4 million in cash and cryptocurrency using a pyramid scheme, Japanese daily newspaper Asahi Shimbun reports Wednesday, Nov. 14. […]
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A South Korean messaging giant Kakao Corp jointly with stablecoin project Terra to launch a blockchain-based payment system. Kakao Corp, the major internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, and a new stablecoin project, dubbed Terra, have signed a partnership agreement to develop the latter’s blockchain-based payment system, local news […]
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Banks are now required to provide fair services to crypto exchanges in South Korea by the court. On October 30, South Korea’s main financial authority officially cleared banks to work with crypto exchanges for the first time in history, establishing a major milestone for the local cryptocurrency sector. At the state affairs audit, held by […]
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The Australian Taxation Office has warned citizens about scammers demanding tax payment via Bitcoin ATMs. The Australian Taxation Office (ATO) has published a warning Nov. 14 about scammers demanding tax payments through Bitcoin ATMs. The post notes that the number of scammers who request payment through BTC has now exceeded those who ask for iTunes […]
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A wobble in Bitcoin has spelled increased volatility for the majority of big-name cryptocurrencies. Cryptocurrency markets are showing red across the board Nov. 14, as a steep drop in Bitcoin (BTC) ricocheted across major assets. Data from Cointelegraph’s price tracker, Coin360, and Bitcointicker confirms BTC/USD bouncing off support around $6,150 on exchanges, at press time […]
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