Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group. Major South Korean conglomerate Hanwha Group is cementing its involvement in the cryptocurrency industry with a new investment. Hanwha Investment & Securities, a securities brokerage subsidiary of Hanwha Group, has participated in a 4 billion won ($3.3 […]
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Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner. With cross-border interoperable blockchain systems gaining traction across the globe, it comes as no surprise that an increasing number of government agencies are looking to explore the full potential of this technology to make […]
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Canadian blockchain upstart BlockCrushr alleges that ConsenSys stole proprietary technology after it participated in ConsenSys’ Tachyon accelerator program. Canada-based fintech firm BlockCrushr has filed a lawsuit in New York accusing blockchain tech company ConsenSys of stealing trade secrets. BlockCrushr claims that ConsenSys launched an Ether (ETH)-based recurring payments platform called ‘Daisy Payments’ one day before […]
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Faculty at the Rotterdam School of Management argue that STOs are better for financing startups than ICOs. Thomas Lambert, Daniel Liebau, and Peter Roosenboom from the Rotterdam School of Management suggest that Security Token Offerings are better at financing start-ups than Initial Coin Offerings. Their research was published on July 14 via the University of […]
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Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. Two related cryptocurrency firms have fallen foul of United States financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. On July 13, the U.S. Commodity Futures Trading […]
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Blockchain tech implementation into the gaming industry could seriously disrupt its closed investment ecosystem. Amid the COVID-19 pandemic, one thing is clear: The video games industry is thriving. As people around the world find themselves with more time on their hands thanks to government-mandated lockdowns and a partial economic shutdown, video game sales have skyrocketed. […]
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Check out this week’s Bad Crypto podcast. It’s been another good, stable week for Bitcoin. No big breakout yet but also no sudden collapse and a comfortable rise of around 1.6 percent. If that sounds like Bitcoin is becoming a bit predictable, don’t rest too easy. Some analysts see this sideways period as the prelude […]
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Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week. This week’s headlines from Japan included real estate player Tosei and Tokyo Financial Holdings listing an asset-backed digital financial product, Cointelegraph Japan interviewing a former […]
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Healthcare is among the first industries in South Korea to receive the benefits of data management and storage on blockchains. The government of South Korea is trying its best to adopt blockchain technology in various industries. The country’s central bank is reviewing the use of a central bank digital currency, and various government ministries want […]
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This week has seen some major breakthroughs in disguise, reminding us of how regulation doesn’t all happen at once. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Policy changes slowly. Crypto wants to move fast. Sometimes fairly, sometimes not, the crypto industry […]
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