Kik’s claims that its Kin blockchain had exceeded ether and bitcoin in terms of daily activity are being questioned in a new Coin Metrics report. Kik has made inaccurate claims about activity on its blockchain to the United States Securities and Exchange Commission (SEC,) a Coin Metrics report alleged on June 24. The report focused on two assertions […]
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Ben Mezrich’s new book about the Winklevoss twins highlights their dislike of both Mark Zuckerberg and Roger Ver. Molly Jane Zuckerman is the head of news at Cointelegraph. The views expressed here are her own and do not necessarily represent the views of Cointelegraph. This article contains spoilers. The irony of a book about the […]
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Grayscale Investments announced that its latest security, Grayscale Ethereum Trust, is open for trading on OTC Markets. Grayscale’s Ethereum-based security, Grayscale Ethereum Trust (ETHE), is available for trading on OTC Markets, according to an official blog post from Grayscale Investments on June 20. According to the post, ETHE is “an open-ended trust that holds […]
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Live streaming startup YouNow has filed a public offering with the U.S. SEC to allow users to compliantly earn tokens. Live streaming startup YouNow, which created the decentralized digital video ecosystem Props in 2017 and is backed by Union Square Ventures, has filed a public offering with the United States Securities and Exchange Commission (SEC) […]
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Eos developer Block.one has paid $30 million in cash to purchase the voice.com domain name for its new blockchain-based social media. Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United […]
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Panel of experts from Digital Asset, ISDA, UBS, and Barclays discussed next steps in blockchain incorporation into financial services. Four experts discussed the future blockchain in financial services, agreeing on the importance of specialization in a panel on crypto derivatives at Synchronise Europe in London today, June 18. Some of the original conceptualisation of blockchain […]
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A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean […]
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DAO collective dOrg has created dOrg LLC, an Ethereum-based DAO with legal status in the United States. Decentralized Autonomous Organization (DAO) developer cooperative dOrg has created a limited liability company (LLC) to grant its native DAO legal status, according to a report by independent law firm Gravel & Shea on June 11. As its name […]
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Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following the case of “crypto” firm Longfin Corp. when it allegedly organized a fraudulent Reg A+ IPO. Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following problematic offerings like that of purported cryptocurrency firm Longfin Corp., the Wall Street […]
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The Utility Settlement Coin (USC) project has the potential to disrupt the banking sector with crypto payments. On June 3, the Utility Settlement Coin (USC) project, one of the most ambitious crypto-based initiatives in mainstream finance, announced that it had taken the next step in its progression: the creation of a new company called Fnality […]
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