Crypto Investment Firm’s Revenue Reaches Record $330 Mln in 2018, Despite Bear Market

Crypto investment firm Grayscale Investments Inc. has raised almost $330 million in annual revenue as of the third quarter 2018, despite a prevailing bear market. Cryptocurrency asset management firm Grayscale Investments Inc. has reported revenue of nearly $330 million in 2018, according to its third quarter (Q3) investment report released Nov. 1. The company managed […]

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Malta to Develop AI Strategy Following Success as ‘Blockchain Island’

Malta has launched a government task force to develop a national artificial intelligence strategy. The Maltese government has announced the formation of a taskforce to develop a national artificial intelligence (AI) strategy, Cointelegraph reports Tuesday, Nov. 1 from the Malta Blockchain Summit. The Junior Minister for Financial services, Digital economy and Innovation, Silvio Schembri announced […]

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‘I Don’t Want to Be President’: John McAffee to Exclusively Promote Crypto in 2020 Race

Bitcoin evangelist John McAfee admitted his intention to use his presidential campaign to promote crypto. Programmer and crypto enthusiast John McAfee revealed his intention to use his 2020 bid for U.S. presidency as a platform to promote permissionless cryptocurrencies in an interview with Cointelegraph Nov. 1. Speaking with Cointelegraph at the Malta Blockchain Summit today, […]

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Bitcoin ATM Operator Coinsource Gets New York Regulator’s Green Light With ‘Bitlicense’

Bitcoin ATM operator Coinsource has been granted a virtual currency license from the New York State Department of Financial Services (NYDFS). Bitcoin ATM operator Coinsource has been granted a virtual currency license, or ‘Bitlicense,’ from the New York State Department of Financial Services (NYDFS), according to a press release published Nov. 1. The regulator has […]

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Updated Morgan Stanley Report Hails Cryptocurrency as ‘New Institutional Investment Class’

Bitcoin and altcoins have been representing a “new institutional investment class” since 2017, despite the ensuing bear market, Morgan Stanley says. Bitcoin and altcoins has been a “new institutional investment class” since 2017, U.S. multinational investment bank and financial services company Morgan Stanley claims in a new report released Oct. 31. The document, titled “Bitcoin […]

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NASDAQ Eyes Crypto Market Manipulation Use Case for Market Surveillance Tool

NASDAQ has high hopes it can use its market surveillance tech to stamp out manipulation in cryptocurrency markets. The world’s second-largest stock exchange NASDAQ says its market surveillance technology can “stamp out manipulation” in cryptocurrency markets, Bloomberg reported Nov. 1. The publication referenced an unpublished paper from NASDAQ released Thursday, in which it explains it […]

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