Chinese Blockchain-Related Company Xunlei Reports $45.3 Million Q3 Revenue

Xunlei, a Chinese desktop software producer that has recently turned to blockchain, reports $45.3 million revenue in Q3 2018. Chinese desktop software and blockchain-related company Xunlei has published its Q3 report Wednesday, Nov. 14. According to the report, the firm’s revenue increased in 2018 after the introduction of blockchain services. The report notes that the […]

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US SEC Levies ‘First’ Civil Penalties Against Two ICOs for ‘Unregistered’ Securities

In a self-described “first,” the U.S. SEC has imposed civil penalties against two ICOs solely over their failure to register their token sales. In a self-described “first,” the U.S. Securities and Exchange Commission (SEC) has imposed civil penalties against two Initial Coin Offerings (ICOs) solely over their failure to register their token sales, according to […]

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“Wall Street’s Bookkeeper” Enters Test Phase of DLT Replatforming Along With 15 Major Banks

The project claims to be able to process the entire daily volume of the U.S. equities market, however, critics remain doubtful. On Nov. 6, the post-trade market infrastructure behemoth, the Depository Trust & Clearing Corporation (DTCC), announced that it is entering the test phase of its attempt to replatform its Trade Information Warehouse (TIW) via […]

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Crimea Considers Blockchain Center for Anonymous Foreign Investments to Avoid Sanctions

Crimea could possibly create blockchain-based investment platforms for foreign investors under sanctions. Crimean authorities are considering creating a blockchain-cluster that would support investment platforms allowing foreign investors to work in sanctioned countries anonymously, major state-operated Russian news agency TASS reported Nov. 16. Previously this week, the Permanent Representative of the Republic of Crimea under the […]

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Spanish City of Bilbao Launches $171K Tender to Develop Public Blockchain Network

Bilbao, the largest city in northern Spain, launches a €150,000 tender to create an inter-institutional public blockchain based on Ethereum. Bilbao, the largest city in northern Spain, has launched a €150,000 (around $171,000) tender to develop a blockchain for public services, Bilbao’s municipal authorities announced Monday, Nov. 12. Officials of the largest city in Basque […]

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South Korean University, Radio Broadcast Group Promote Blockchain-Academia Relationship

South Korea’s Jeju Province is set to create a new blockchain ecosystem in the region to interlink industry-academia specialists. The Korea Radio Promotion Association (RAPA) and Jeju University have signed a Memorandum of Understanding (MoU) for blockchain-related industry and education in the Jeju area, Korean economic media outlet Seoul Economic Daily reports today, Nov. 16. […]

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