Billionaire Henry Kravis has invested in former employee Ben Forman’s new company focused on blockchain and cryptocurrency investments. Billionaire Henry Kravis has started investing in the cryptocurrency space, according to a report by Bloomberg on June 28 Ben Forman, a former employee of Kravi’s KKR & Co, said that Kravis has invested in the flagship […]
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Poland-based Golem Factory has spun off a new entity, the Golem Foundation, that is expected to increase the value of the entire project. Decentralized CPU power developer Golem is spinning off a new entity using funds of the original capital raised in its crowdfunding back in 2016 In a blog post on June 28, Golem […]
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Switzerland-based online bank Dukascopy is developing its own Ethereum blockchain-based stablecoin. Switzerland-based online bank Dukascopy is developing its own Ethereum blockchain-based stablecoin, according to the white paper published on June 27 Per the document, Dukascopy intends to issue ERC-20 stablecoins dubbed “Dukascash” pegged to the euro, Swiss franc, and U.S. dollar, and gradually increasing the […]
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The R&D branch of the Reserve Bank of India is developing a blockchain platform. The Reserve Bank of India (RBI) is developing a blockchain platform for banking in its R&D branch, according to a report by BusinessLine on June 28 The blockchain platform will reportedly host a number of blockchain applications, and is slated to […]
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Major American cryptocurrency exchange Coinbase released key findings about awareness and adoption trends related to digital currency in the United States. Major American cryptocurrency exchange Coinbase released key findings about awareness and adoption trends related to digital currency in the United States in a blog post published on June 28. Coinbase’s survey that spans the […]
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Authorities in Iran have confiscated about 1,000 units of bitcoin mining machines from two now-defunct factories. Authorities in Iran have confiscated about 1,000 units of bitcoin (BTC) mining machines from two now-defunct factories, BBC reported on June 28 As reported, local authorities noticed a surge in electricity consumption by 7% earlier in June and linked […]
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Steve Forbes claimed that gold backing is the basic condition for Libra to become “one of history’s truly seminal creations.” Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, published on June 25 an open letter to Mark Zuckerberg, advising to back Facebook’s cryptocurrency Libra with gold. In the letter, Forbes strongly encouraged Facebook’s crypto initiative, […]
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Goldman Sachs chief executive David Solomon says he believes global payment systems are heading in the direction of stablecoins. Goldman Sachs is performing “extensive research” on tokenization, the group’s chief executive told France’s Les Echos newspaper on June 27. David Solomon said he believes global payment systems are heading in the direction of stablecoins — […]
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A Bitmain IPO might be making a come back, as a crypto bull run heats up and as the company may potentially file with the SEC. Toward the end of June 2019, news emerged that the mining giant Bitmain might be reviving its initial public offering (IPO) plans. As Bloomberg reports, the China-based cryptocurrency mining […]
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sponsored A new aggregated exchange is enabling users to access an array of established crypto services in one place, all while offering trading discounts. A crypto company is launching an aggregated exchange that enables users to trade across multiple platforms while using a single account. TokenClub says its unified system is designed to tackle four […]
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