The regulatory endorsement allows users to trade startup shares after acquisition. SeedInvest, the equity crowdfunding platform owned by crypto-friendly payment giant Circle, has gained approval to offer secondary shares trading, crypto industry news outlet The Block reported on April 26. The platform, which Circle bought out for an undisclosed sum in March this year, can […]
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Bitfinex is facing pressure from U.S. lawmakers over its handling of missing funds worth $850 million. Cryptocurrency exchange Bitfinex has withdrawn funds worth almost $90 million from its cold wallet, blockchain data reported by cryptocurrency news outlet The Block confirmed on April 26. Bitfinex, which has the same owner as USD stablecoin Tether (USDT), has […]
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Plans are afoot to give Disney a major say in the fate of Bitstamp and Korbit platforms in future. Two major cryptocurrency exchanges could soon have Walt Disney Corp. as their owner if a $13 billion equity deal goes through, South Korean English-language daily news outlet The Korea Herald reported on April 17. Citing a […]
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Blockchain development company Lightning Labs announced that it released the first alpha version of its LN client for the main BTC network. Blockchain development company Lightning Labs announced that it released the first alpha version of its Lightning Network (LN) client for the main bitcoin (BTC) network, according to a blog post published on April […]
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White paper writers reportedly say they are “constantly required to fabricate and exaggerate facts.” White paper writers are earning up to $50,000 per job, according to a Decrypt investigation published on April 22— but the freelancers involved have accused some startups of misleading investors. The writers told the website as part of its two-week investigation that […]
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The blockchain-based art registry startup Artory has reportedly raised $7.3 million in a Series A funding round from an early Spotify investor, among others. The blockchain-based art registry startup Artory has reportedly raised over $7 million in Series A funding round from an early Spotify investor among others. The development was announced by art-focused publication […]
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The Technion has filed a civil suit against a faculty member for allegedly profiting from the technology he developed while working at the institute. The Technion Israel Institute of Technology has filed a civil suit against a faculty member for allegedly establishing of a zero knowledge proof technology company and making use of the knowledge […]
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Blockchain-powered gaming startup Unitopia has received $5 million in funding to develop a blockchain equivalent of video gaming platform Steam. Blockchain-powered gaming platform Unitopia has received $5 million in funding from a group of investment and financial services companies, local media outlet BiShiJie.com reported on April 22. Unitopia — a blockchain research lab of Chinese […]
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The CEO of Bithumb’s operator has revealed plans to expand to the U.S. and Japan. The CEO of Singapore-based Blockchain Exchange Alliance (BXA) — which has a controlling stake in major South Korean crypto exchange Bithumb — has revealed plans to expand to the American and Japanese markets. The news was reported by Cointelegraph Japan […]
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Overstock blockchain subsidiary tZERO missed the target date for $100 million in investment, according to a shareholder letter. TZERO, the blockchain subsidiary of retail giant Overstock, has missed its mid-April goal for a $100 million fund raise from Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital. The firm announced the development […]
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