The United States Congress passed a bill that calls for the director of FinCEN to study blockchain in its fight against financial crime. The United States House of Representatives has passed a bill that calls for the Financial Crimes Enforcement Network (FinCEN) to study blockchain technology in its fight against financial crime. On Sept. 19, […]
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Major insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform. Leading insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform. Per a Sept. 24 press release, the Risk Exchange platform aims to ensure a more transparent and secure digital placement and enables users to receive […]
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Multiple EU politicians are calling for a united European digital currency to counter Facebook’s stablecoin project Libra. The ripples of the Libra effect are beginning to lap against the shores of Europe, with French Finance Minister Bruno Le Maire suggesting that Europe should throw its hat into the ring and launch its own digital currency. […]
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Montreal-based digital asset custodian Knøx has secured $8.25 million in a seed round to roll out a crypto custody service for institutional customers and fiduciaries. Montreal-based digital asset custodian Knøx has secured $8.25 million in a seed round to support its crypto custody service for institutional customers and fiduciaries. The funding round was led by […]
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Coinbase-backed token issuance protocol Securitize completes a new funding round led by the VC arms of Banco Santander, MUFG and Nomura Holdings. Securitize, a Coinbase-backed token issuance protocol, raised $14 million in a funding round led by the venture capital (VC) wings of major commercial banks. The San Francisco-based startup has conducted an extension of […]
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The SEC received an S-3 stock registration filing for a blockchain-based digital preferred stock from online retail giant Overstock. Online retail giant Overstock filed an S-3 form for the registration of its blockchain-based digital preferred stock with the United States Securities and Exchange Commission (SEC). The news builds on previous reports that the firm was […]
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Crypto exchange Bitfinex is relaunching its IEO platform with Kim Dotcom’s Bitcoin-integrated KIM token as the first offering. Cryptocurrency exchange Bitfinex has announced the relaunch of its Initial Exchange Offering (IEO) platform Tokinex as Bitfinex Token Sales and will offer the token of P2P digital content and monetization blockchain K.IM on October 22. The news […]
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Tencent, Fidelity and Rakuten participate in a new $20 million funding round in British tech firm Everledger. British blockchain-enabled supply chain firm Everledger has raised $20 million in a new funding round participated by Chinese Internet giant Tencent. “Everledger and Tencent are a natural fit” Following the investment, Tencent will now be represented in the […]
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Decentralized artificial intelligence firm SingularityNET and tech conglomerate Cisco have partnered to work on various artificial intelligence applications. Decentralized artificial intelligence (AI) firm SingularityNET and tech conglomerate Cisco have partnered to develop applied artificial general intelligence (AGI) technologies. AGI is one aspect of AI technology that concentrates on learning the intellectual tasks of which humans […]
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Canadian social media and messaging app company Kik is reportedly considering shutting down its popular messaging app. The Canadian social media and messaging app company Kik is reportedly considering shutting down its popular Kik messaging app. 70 reported layoffs at Kin subsidiary In a Sept. 23 article, Israeli tech publication CTech Calcalistit cites two anonymous […]
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