Grayscale announces renewed offering of bitcoin shares to accredited investors in a private placement. Grayscale Investments has resumed private placement of Grayscale Bitcoin Trust (GBTC) shares, according to a press release on July 8. According to the announcement, the private placement of GBTC shares is offered periodically to accredited investors — as defined in Rule […]
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Bitfinex has committed to using 27% of Tokinex’s past and future revenue for burning the LEO utility tokens. Bitfinex cryptocurrency exchange announced that it will spend 27% of past and future Tokinex revenue on burning LEO tokens, according to an official blog post on July 8. Bitfinex unveiled LEO in May as the native utility […]
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The U.S. SEC and FINRA have issued a statement on regulatory compliance issues for crypto custodians. The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) outlined regulatory compliance issues for cryptocurrency custodians in an announcement on July 8. According to the joint statement, the organizations have yet to discover […]
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Brazil’s diplomatic academy, the Rio Branco Institute, will now require that candidates have knowledge of cryptocurrencies and blockchain. The Brazilian diplomatic academy, the Rio Branco Institute, will now require that candidates have knowledge of cryptocurrencies and blockchain, Cointelegraph Brazil reported on July 8. The Rio Branco Institute — established in 1945 and offering two advancement […]
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The People’s Bank of China, the country’s central bank, is reportedly developing its own digital currency in response to Facebook’s Libra. China’s central bank is reportedly developing its own digital currency in response to Facebook’s Libra as the latter could purportedly pose a risk to the country’s financial system, the South China Morning Post reported […]
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Indian authorities expressed concerns over Facebook’s long-awaited stablecoin Libra. India’s authorities have expressed concern over Facebook’s forthcoming stablecoin Libra, Bloomberg reported on July 8. Subhash Garg, Economic Affairs Secretary at India’s Ministry of Finance, told Bloomberg that the “design of the Facebook currency has not been fully explained. But whatever it is, it would be […]
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Libra, Ton and JPMorgan Coin, a comparative survey of three projects that are set to shock the crypto world — for better or for worse.. Since the beginning of 2018, rumors and then news about some large players entering the blockchain industry mesmerized the crypto community. Presently, the projects promoted by JPMorgan Chase, Facebook and […]
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The Tron Foundation has issued an official response to today’s protest against a ponzi scheme that went under a Tron-like name. The Tron Foundation issued an official response to a recent protest against a ponzi scheme that went under a Tron-like name, today, July 8. As Cointelegraph previously reported, protestors swarmed the Beijing research and […]
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Bitstamp cryptocurrency exchange set up its own node for the Lightning Network, encouraging more participation from the industry. European crypto exchange Bitstamp has set up its own Lightning Network (LN) node to boost the network’s capabilities, the company tweeted on July 8. As a second layer over the blockchain of the biggest cryptocurrency, bitcoin (BTC), […]
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Bitcoin’s rally continues to attract traditional investors. Will their entry propel the price to new highs? Let’s study the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when […]
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