Ohio is poised to shore up its appeal as an innovate tech hub over the next three years with $300 million in blockchain startup funding. Ohio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives. Speaking at the ongoing Blockland Solutions conference, […]
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The general director of Beijing’s financial watchdog has warned that Security Token Offerings (STO) are illegal in the city. The director general of the Beijing Municipal Bureau of Financial Work has warned that Security Token Offering (STOs) fundraising is “illegal” activity, independent Beijing-based media outlet Caijing reported on Dec.1. The Beijing Municipal Bureau of Financial […]
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Crypto exchange traded products prove divisive, as the SEC mulls over its latest landmark decision. On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP). Exchange-traded products (ETP) are derivatively priced securities that are traded on a national securities exchange. Their pricing derives […]
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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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Bitcoin closes out its worst November since 2011, while total market cap rallies well above year-to-date lows. Critics are pointing to large energy consumption by the Bitcoin mining industry as a threat to the global climate. However, CoinShares, a digital asset management firm, estimates that about 77.6 percent of Bitcoin mining is done using renewable […]
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Ohio businesses can soon pay taxes in Bitcoin, while Nasdaq looks ahead to a Bitcoin futures launch. 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 — a week […]
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Crypto markets go green on the first day of December, with Bitcoin breaking and holding the $4,200 threshold. Saturday, Dec. 1 — Crypto markets have seen a substantial influx on the first day of this winter month, with all top 20 coins by market cap firmly in the green, according to CoinMarketCap. Market visualization from […]
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Interros Group and Sberbank in partnership have carried out an OTC foreign exchange repo deal on blockchain. Sberbank and Interros Group have carried out an over-the-counter OTC foreign exchange repurchase agreement (repo) transaction employing smart contracts on a blockchain, Reuters Russia reports Nov. 30. The Interros Group is a Moscow-based private equity firm founded by […]
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The deputy secretary of the Thai SEC has said the regulator has yet to decide how to regulate STOs. The deputy secretary of the Thai Securities and Exchanges Commission (Thai SEC) has declared that Thai-related Security Token Offerings (STOs) launched in an international market break the law, English-language daily Bangkok Post reports Nov. 29. The […]
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ASUS to allow its graphics card owners to mine crypto and cash out via PayPal and WeChat through a new partnership. Taiwan-based tech giant ASUS has partnered with GPU mining platform Quantumcloud to allow users to mine crypto via their graphic cards, multinational tech media TechRadar reported Thursday, Nov. 30. According to the agreement, ASUS […]
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