The next phase of the fundraising could occur this week, an executive told Bloomberg, on behalf of the company’s blockchain project. The crypto unit of South Korea’s largest internet conglomerate Kakao Corp will repeat its initial coin offering (ICO) after netting $90 million from investors, Bloomberg reported on Mar. 11. Klaytn, the blockchain platform which […]
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According to the Times, five sources that claim to have been briefed with the project have confirmed Facebook’s progress on its crypto. Facebook is “hoping to succeed where Bitcoin failed” with its highly secretive cryptocurrency project, a New York Times (NYT) article published today, Feb. 28, argues. Citing multiple anonymous sources who spoke on the […]
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Blockchain artificial intelligence platform SingularityNET has officially launched the beta version of its blockchain marketplace. Blockchain artificial intelligence (AI) platform SingularityNET has officially launched a beta version of its Ethereum-based decentralized marketplace on Thursday, Feb. 28, according to a press release obtained by Cointelegraph. Ben Goertzel, CEO and chief scientist at SingularityNET, noted in the […]
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Major South Korean messaging app operator Kakao Corp reported $57.5 million in operating expenses related to new tech, including blockchain and AI. South Korean internet giant and messaging app operator Kakao Corp has published its Q4 2018 report that covers blockchain and AI operating expenses, Korean news website ZDNet reports Thursday, Feb. 14. According to […]
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Orbs, an Israeli blockchain startup, has received an investment from South Korea’s largest messaging app operator Kakao. South Korea’s largest messaging app operator Kakao has invested in Orbs, an Israeli blockchain startup, Reuters reports Dec. 13. The report states that Orbs did not disclose the size of the investment. Moreover, the startup reportedly explained that […]
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Major Korean crypto exchanges have arranged a crypto regulation debate in the National Assembly, discussing Anti-Money Laundering policies and customer protection. South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial […]
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Kakao is close to completing the private sale of its cryptocurrency called Clay, raising $300 million. Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay. In March, Kakao […]
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Singapore’s state investment firm Temasek invested in enterprise blockchain software firm and global banking consortium R3 Singapore’s state investment firm Temasek Holdings Pte has invested in enterprise blockchain software firm and global banking consortium R3, according to a Bloomberg report Nov. 22. Temasek is a Singapore government-owned investment company, which has reported its Asia-focused portfolio […]
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The blockchain technology platform Klaytn, the brainchild of Kakao subsidiary Ground X, has been established in Singapore to attract crypto investments. Kakao Corp, a major South Korean Internet conglomerate, has established a subsidiary of the company in Singapore to attract foreign investments with cryptocurrencies, Seoul-based media outlet News1 reported Nov. 21. According to the article, […]
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The head of the IMF suggests looking into central bank issued digital currencies, while a Swiss stablecoin gets Sharia certified. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more […]
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