Steemit’s managing director says the new partnership with Tron will help grow the platform and that the soft fork resulted from quick reactions to the changes. In an interview with Cointelegraph at Tron’s San Francisco office on Feb. 25, Steemit Managing Director Elizabeth Powell expressed enthusiasm regarding the new strategic partnership between Tron and Steemit. […]
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In South Korea, tax experts gathered and proposed a transaction tax on cryptocurrency before leaping straight to an official income tax. South Korean tax experts have advised the Korean government to apply a low-level trading tax on cryptocurrency profits before subjecting citizens to a transfer income tax, according to a Business Korea report. The Korean […]
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Fintech firm Diginex has revealed its further development plans, once the merge deal with 8i is closed. Investment holding company 8i Enterprises Acquisition Corp. and blockchain financial services and technology firm Diginex have scheduled a shareholders meeting to consider the proposed business merge. The special meeting will take place on March 20 in New York, […]
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Major investment bank Morgan Stanley is buying online trading firm E*Trade Financial Group, which would extend the bank’s offerings to everyday investors. Major investment bank Morgan Stanley is buying online trading firm E*Trade Financial Group, which would extend the bank’s offerings to everyday investors. The $13 billion deal marks Morgan Stanley’s largest takeover since the […]
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Crypto custodian BitGo has acquired Harbor, allowing the firm to build out its digital securities capabilities. Digital asset custodial company BitGo recently unveiled its purchase of Harbor, an online platform for digitized securities. “Our vision has always been bigger than wallets and custody,” BitGo CEO Mike Belshe said in a Feb. 18 statement provided to […]
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Pundits believe that a merger between JP Morgan and ConsenSys is a step in the right direction for both companies and the crypto industry. According to an all-new report released earlier this week, banking giant JP Morgan is currently in the process of facilitating a merger of its in-house blockchain unit called Quorum with Ethereum-based […]
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Blockstack’s claim of having one million verified users has been questioned extensively, which prompted Cointelegraph to investigate its blockchain data. Blockstack PBC announced on Jan. 29 the completion of its “Milestone II” that unlocked $6.8 million from its 2017 initial coin offering. The project claims to have on-boarded one million verified users, an achievement that […]
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The blockchain ecosystem has begun to grow beyond what people thought it’s capable of. Here’s the definitive list of the best contributors. Last year was an interesting one for blockchain and cryptocurrency, contrasting with past years in ways that go far beyond mere finance. It was a banner year for the maturation of the whole […]
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RBI’s legal counsel claims crypto can adversely affect India’s financial stability. Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to crypto exchanges, companies operating within the space, and individuals seeking to explore the nascent […]
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As part of its consumer app development, ICE’s Bakkt plans to acquire major software platform Bridge2 Solutions. The Intercontinental Exchange, or ICE, owner of the New York Stock Exchange, announced plans to acquire software service Bridge2 in preparation for an app launch from ICE’s subsidiary, Bakkt. Bakkt’s app will host a bevy of assets, such […]
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