Tag: blockchain

Iceland: Draper Associates Leads $5 Million Funding Round for Blockchain-Based ID Platform

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Iceland’s blockchain-powered identity platform Authenteq has received a $5 million investment from Draper Associates, among others. Iceland’s blockchain-based identity verification platform Authenteq has raised $5 million in a funding round led by Draper Associates and Capital300, the American tech website VentureBeat reports on Jan. 14. Following the two-week funding round, the company revealed its intention […]

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Bittrex Follows Major Crypto Exchanges in Launching Over-The-Counter Trading Platform

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The Bittrex OTC platform, which is geared towards high-volume trades, launches later Monday, a statement confirmed. United States-based cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk on Monday, according to a private statement released on Jan. 14. The latest major exchange to enter the OTC market, Bittrex will offer investors the same raft […]

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Vermont State Agencies Launch Blockchain Pilot Program for Captive Insurance Industry

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Vermont’s Secretary of State and Department of Financial Regulation have joined forces to explore blockchain benefits in captive insurance. Two agencies in the state government of Vermont in the United States have jointly launched a blockchain pilot program for captive insurance, according to an official announcement published on Jan. 11. The Secretary of State Jim […]

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Swiss Multi-Billion Dollar Bank Vontobel Launches Regulated Crypto Custody

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Major Swiss investment bank Vontobel has launched a digital assets’ custodial service for banks and asset managers Switzerland’s major private investment bank Vontobel has launched a crypto custody solution targeting banks and asset managers, according to an official press release published on Jan. 14. Zurich-based Vontobel bank is reportedly the third largest financial custody provider […]

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Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

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Malaysian cryptocurrency regulation comes into effect on Tuesday, classifying crypto-assets as securities. Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14. The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new […]

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Blockchain-Powered Prediction Platforms: Governance and Uses Beyond Gimmick Markets & Death Pools

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A series of controversies around specific prediction markets highlight Augur’s governance issues. The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Like many other ICO success stories and subsequent leaders in their respective market segments, Augur, the preeminent platform for decentralized predictions, faces constant public scrutiny. The […]

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Winklevoss Twins Believe Stablecoins, Tokenized Securities Are Future of Crypto Innovation

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Tyler and Cameron Winklevoss have said stablecoins and tokenized securities will usher in a bright future for the digital currency space. Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the cryptocurrency trading platform Gemini, have said stablecoins and tokenized securities will usher in a bright future for the digital currency space. The twins […]

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