Citigroup, Nasdaq, and Galaxy Digital are reportedly among several firms to invest $20 million in Symbiont, a blockchain firm that offers smart contracts for capital markets. Citigroup and Nasdaq are among a group of firms investing $20 million dollars in Symbiont.io Inc, Bloomberg reports on Jan. 23. Other investors reportedly include Mike Novogratz’s crypto-focused merchant […]
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Charles Hoskinson, founder of Cardano, believes crypto markets will be more mature and attract millions to billions of users by the time they regain 2017’s all-time highs. Crypto markets might need more than a decade to regain 2017’s price highs, but the industry will a “dramatically different ecosystem at that point,” according to top altcoin […]
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Bitcoin wallet Xapo is moving its main business from Hong Kong to Switzerland, reportedly seeking a friendlier regulatory environment. Major global Bitcoin (BTC) wallet Xapo will relocate key business operations from Hong Kong to Switzerland, according to Swiss news agency Swissinfo on Jan. 21. Speaking at the World Web Forum in Zurich, the wallet’s president […]
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The United Kingdom’s finance regulator the Financial Conduct Authority has released a consultation paper titled “Guidance on Cryptoassets.” The United Kingdom’s financial regulator has published a consultation paper titled “Guidance on Cryptoassets” today, Jan. 23. The stated goal of the Financial Conduct Authority’s (FCA) paper on cryptocurrency is to provide more regulatory clarity on the […]
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A Singapore-based firm with a controlling stake in major crypto exchange Bithumb could reportedly take the exchange public in the U.S. via a so-called reverse merger. Singapore-based holding firm Blockchain Exchange Alliance, which has a controlling stake in major crypto exchange Bithumb, is looking to list in the United States by acquiring a publicly traded […]
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QtumX protocol can reportedly handle more than 10,000 transaction per second. What about others? Open-source project Qtum representatives claim that their enterprise blockchain dubbed ‘QtumX’ can accommodate “more than 10,000” transactions per second (TPS), according to a press release recently shared with Cointelegraph. With yet another player being added to the scalability race, it makes […]
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ING bank has signed a five-year deal to have unlimited licences for R3’s commercial blockchain platform, Corda Enterprise. Dutch international bank ING has signed a deal with enterprise blockchain consortium R3 for access to R3’s commercial blockchain platform, according to a press release published Jan. 22. As a part of the five-year agreement, ING Bank […]
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A potential bespoke stablecoin launch would come as part of Huobi’s expansion plans for the year, presented at a members-only event in Singapore this week. Top 5 Cryptocurrency exchange Huobi has plans to launch its own stablecoin this year as part of its 2019 road map, according to a press release shared with Cointelegraph Jan. […]
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An executive at ConsenSys stated that the firm did not lay off more than 10 percent of staff amid a more competitive market. Recent layoffs at blockchain software technology company ConsenSys did not exceed 10 percent of staff. The company’s Executive Director of Enterprise and Social Impact Vanessa Grellet spoke to Cointelegraph about the recent […]
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At the end of the week, with Brexit looming, the cryptocurrency markets could face some uncertainty. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The […]
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