London-based crypto asset management firm Prime Factor Capital has obtained a license from the FCA to operate as a full-scope Alternative Investment Fund Manager. London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was […]
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Cryptocurrency exchange Bitfinex announced that it repaid $100 million of outstanding loan facility to stablecoin operator Tether. Cryptocurrency exchange Bitfinex announced that it repaid $100 million of outstanding loan facility to stablecoin operator Tether in a post on its official blog on July 2. Per the announcement, Bitfinex made the repayment via wire transfer to […]
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IOTA Foundations releases Trinity, a software wallet for IOTA tokens. The IOTA Foundation has launched the Trinity wallet, as the organization announced in a press release on July 2. The announcement advertises the Trinity wallet as an improve to both ease-of-use and security for users conducting transactions in IOTA, with the purported goal of appealing […]
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Maritime shipping firms Ocean Network Express and Hapag-Lloyd join blockchain tracking platform TradeLens. Maritime shipping firms Ocean Network Express and Hapag-Lloyd have joined blockchain tracking platform TradeLens, financial news outlet The Wall Street Journal reports on July 2. The Japan-based Ocean Network Express and Germany-based Hapag-Lloyd will join the TradeLens platform launched by Danish logistics […]
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A significant number of enterprises have moved from PoCs to fully developed open source projects in blockchain. Blockchain startups have raised $822 million in 279 separate venture capital (VC) deals in H1 2019, according to a report by American venture platform Outlier Ventures released on July 7. According to the research, titled “State of Blockchains […]
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SK Group’s chairman Chey Tae-won expressed interest in blockchain and token economy at a recent startup event in Seoul South Korea’s largest telecom and the third top conglomerate SK Group has invested $10 million in major global blockchain firm ConsenSys, according to a report by local news agency Chosun on July 2. Worth noting is […]
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Swiss-headquartered food retail giant Nestlé announced its intention to track its products along the supply chain with blockchain technology. Swiss-headquartered food retail giant Nestlé announced its intention to track its products along the supply chain with blockchain technology in a press release published on July 2. The project is jointly pursued with OpenSC. As Cointelegraph […]
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Zimbabwean and South African bitcoin traders are facing a major surcharge on the coin. Bitcoin traders in Zimbabwe and South Africa are seeing skyrocketing premiums on their bitcoin (BTC), according to a report from financial news outlet Fxstreet on July 2. Amid new capital controls in South Africa and Zimbabwe’s recent ban on local trading […]
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Bitcoin mining operator Argo is seeing soaring profits in line with the current bitcoin bull market. United Kingdom bitcoin (BTC) mining operator Argo Blockchain surpassed its own expectations in Q2, the company said in a new report released on July 2. Argo, which previously said it had benefited from the upturn in bitcoin prices, said […]
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The current bitcoin-tether relationship continues a standard historical trend, Jesse Powell told the media. Bitcoin (BTC) is benefitting from inflows of fiat currency as stablecoin Tether (USDT) increases its supply, the CEO of cryptocurrency exchange Kraken told finance news channel TD Ameritrade Network on July 1. In an interview, Jesse Powell took issue with suspicions […]
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