Digix announces ‘Project Ragnarok’ integration of dissolution mechanism for its DigixDAO platform. Gold-backed stablecoin issuer Digix has integrated a dissolution mechanism into its DigixDAO platform, created to fund projects which encourage the growth of the Digix ecosystem. Each quarter, DGD token holders will vote on the mechanism — called Project Ragnarok — with DigixDAO only […]
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Global blockchain-based marketplace Proof of Impact closed its first funding round led by American asset management giant Franklin Templeton. Proof of Impact, a blockchain-based, global marketplace for natural and social capital has closed a funding round led by American asset management firm Franklin Templeton Investments. On Dec. 12, Proof of Impact announced that it closed […]
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ConsenSys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices would be closing down. Consensys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices will be closing down. On Dec. 11, Coindesk reported that sources familiar with the matter confirmed that the local […]
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Jack Dorsey, the founder and CEO of Twitter, has revealed that the company funded a dedicated team to develop a decentralized standard for social media. Jack Dorsey, the founder and CEO of Twitter and payments operator Squre, has revealed that Twitter is funding a dedicated team to develop a decentralized standard for social media. In […]
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The ICC and blockchain firms Perlin and AirCarbon have partnered to fund climate projects in the aviation industry. The International Chamber of Commerce (ICC) has partnered with a Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation. In a press release on Dec. 10, the ICC said that a partnership with Perlin and […]
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Anthony “Pomp” Pompliano, an exuberant supporter of blockchain industry, has recently joined Figure Technologies, Inc. (a Blockchain-based lending firm). Also, the company has announced a $103 million funding round to facilitate the users. Mike Cagney, the Chief executive of the company says that the main purpose of these funds is to promote the lending products […]
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OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, is seeking a $500 million IPO. OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an F-1 filing dated Dec. 2, […]
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Gaming industry has seen incredible advancements with the implementation of VR, AR and AI, but blockchain promises to bring even more value. Blockchain is transforming the financial industry right before our eyes, with many market onlookers anticipating a complete replacement of existing payment, trading and banking infrastructures. Blockchain and finance seem like the perfect match, […]
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Major United States-based crypto exchange Kraken joined the Silvergate Exchange Network, following Winklevoss’ Gemini. Kraken, one of the largest and oldest Bitcoin (BTC) exchanges in the world, has joined the Silvergate Exchange Network (SEN). By joining SEN, the United States-based cryptocurrency exchange enables its clients to deposit and withdraw U.S. dollars from Silvergate accounts with […]
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Stock and cryptocurrency trading platform Robinhood has withdrawn its bank charter application with the U.S. Office of the Comptroller of the Currency. Stock and cryptocurrency trading platform Robinhood has withdrawn its bank charter application with the Office of the Comptroller of the Currency. As CNBC reported on Nov. 27, Robinhood voluntarily decided to withdraw its […]
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