More and more crypto companies are taking the route of a reverse IPO, but will it pay off? In a transaction that has all the hallmarks of a reverse initial public offering (IPO) — also called a reverse merger — OKC Holdings Corp., which is the parent company of OKCoin and OKEx (the world’s second-largest […]
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The UK financial regulator has given a license to a local crypto liquidity provider and electronic OTC trader. United Kingdom crypto liquidity startup B2C2 OTC Ltd. has received approval from the country’s Financial Conduct Authority (FCA) on Wednesday, Jan. 30, according to a record in the FCA’s register. A separate press release notes that B2C2, […]
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2019 will be a quiet year for cryptocurrencies according to the CEO of ICO listing platform CoinList. Cryptocurrency markets in 2019 are “going to be quiet for a little bit” while firms focus on building the crypto space, the CEO of CoinList Andy Bromberg told Yahoo Finance on Jan. 31. Following record highs at the […]
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Germany’s second largest stock exchange, Boerse Stuttgart Group, has launched an app that allows euro-crypto trading. Germany’s second largest stock exchange, Boerse Stuttgart Group, has officially launched its crypto-trading app Bison, according to an official tweet today, Jan. 31. According to the app’s webpage, the software was developed by FinTech Sowa Labs — a subsidiary […]
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Staked, a startup aiming to make staking on PoS blockchains easier for institutional investors, raised $4.5 million from Pantera Capital, Coinbase and others. Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31. The startup, which targets institutional investors […]
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The world’s second-largest stock exchange Nasdaq has revealed that seven crypto exchanges are already using its market monitoring technology. The world’s second-largest stock exchange Nasdaq has revealed that seven crypto exchanges are already using its market monitoring technology, Forbes reported Jan. 30. Just two of these seven collaborations have to date been publicized — the […]
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Danish state-owned energy company Energinet aims to use Iota Tangle to develop IoT-based products and services. Danish state-owned energy company Energinet has expanded its partnership with distributed ledger network Iota to investigate use of its technology in new areas, Iota revealed in blog post Jan. 30. Energinet, which is an independent enterprise under Denmark’s Climate […]
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The chairman of Russian parliament’s upper house notes that the crypto bill has not been approved after a whole year. The chairman of the upper house of Russian parliament has urged MPs to expedite their work on digital economy bills that include a draft on crypto regulation, local news agency TASS reports on Tuesday, Jan. […]
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Abra CEO Bill Barhydt has outlined why he thinks consumer cross-border payments and remittance services are a struggle for crypto firms. Bill Barhydt, CEO of crypto wallet provider and payment startup Abra, believes that consumer cross-border payments and remittance services at scale continue to be a struggle for many crypto firms. Barhydt made his remarks […]
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AMD’s financial data for Q4 2018 appears to confirm a continued mixed market. United States transnational IT company Advanced Micro Devices (AMD) released its Q4 revenue report on Jan. 29, broadly conforming to analysts’ fears of a continued slowdown. AMD, which like other graphics hardware manufacturers has suffered due to the cryptocurrency bear market, produced […]
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