Crypto and blockchain-related merger and acquisition (M&A) activity has surged by over 200 percent in 2018, according to data compiled by JMP Securities. In what has been dubbed a “deal frenzy,” crypto and blockchain-related merger and acquisition (M&A) activity has surged by over 200 percent in 2018, CNBC reported Oct. 18. Data compiled by JMP […]
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Armenia’s PM attended the opening ceremony of a controversial crypto mining farm touting itself as one of the “world’s largest.” The opening ceremony of a new mining farm touting itself as one of the “world’s largest” was held in the Armenian capital Oct. 18, according to a report by local platform News Armenia. The Armenian […]
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Crypto exchange Huobi is planning to roll out its new stablecoin aggregating asset across its ecosystem over the next two weeks. Singapore-headquartered cryptocurrency exchange Huobi announced the creation of what it calls a “stablecoin solution” in a blog post Friday, Oct. 19. Set to go live from Friday, the project, known as HUSD, will consist […]
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Petro should form an investment priority for Venezuelans, the country’s president has said. The president of Venezuela Nicolas Maduro called on workers to save in gold and state-run cryptocurrency Petro during a salary shake-up he announced Thursday, October 18, local news portal Noticiero Digital reports. In a television broadcast, Maduro said that “in the coming […]
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Tether’s offshore operations detract from its transparency versus other stablecoins, Mike Novogratz told Bloomberg. Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrency investor and entrepreneur Michael Novogratz told Bloomberg Oct. 18. Speaking in an interview, Novogratz, whose Galaxy Digital investment company is active in the cryptocurrency space, said he favored alternative stablecoins […]
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We know that stablecoins are backed by something. It’s time to learn how they are backed. Stablecoins have been making the headlines in recent months, attracting big investors, tempted by the allure of a on ‘non-volatile’ cryptocurrency. At first, we usually pay attention to the backing connection, in other words, to the coin’s stabilizing mechanism. […]
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The government of Bermuda has licensed the first ICO in the country under a new regulatory regime that was introduced this summer. The government of Bermuda has awarded the first certification for an Initial Coin Offering (ICO) under the island nation’s new regulatory regime for crypto and blockchain business, the country’s only daily newspaper, the […]
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A New York federal court has ordered BTC hedge fund Gelfman Blueprint, Inc.and its CEO Nicholas Gelfman to pay over $2.5 million in penalties for a fraudulent Ponzi scheme. A New York federal court has ordered cryptocurrency hedge fund Gelfman Blueprint, Inc. (GBI) and its CEO Nicholas Gelfman to pay over $2.5 million for operating […]
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A recent analysis by online recruiting portal Glassdoor has noted an increase in blockchain-related job opportunities. A recent study by recruiting site Glassdoor published Oct. 18 found that crypto and blockchain-related job opportunities significantly increased in the U.S. this year, despite the slump in cryptocurrency prices. In the course of its analysis, Glassdoor examined a […]
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The Bill and Melinda Gates Foundation will partner with Coil and Ripple to implement Interledger and develop “pro-poor” payment systems on its mobile platform Mojaloop. The Bill and Melinda Gates Foundation is partnering with Ripple Labs Inc. and digital payments firm Coil to implement the Interledger Protocol, the Foundation’s Deputy Director and Principal Technologist Miller […]
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