Who represents crypto in a U.S. Congressional hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain”, weeks after Facebook’s Libra is discussed… Today, on July 30, United States lawmakers will once again gather to debate cryptocurrency and blockchain policy in a hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” The hearing is […]
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A new blockchain solution focused on ending slave labor in the food industry received $2.4 million in public funding in Australia. Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation. […]
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Affiliate of private investment bank US Capital Global, US Capital Global Securities, offers $10 million in a cryptocurrency fund. US Capital Global Securities (USCGS), offers investors a $10 million equities investment in a tokenized fund, reveals a press release published on July 29. USCGS is a Financial Industry Regulatory Authority (FINRA)-regulated affiliate of private investment […]
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A major Chinese alcohol wholesaler has begun testing its blockchain verification solution, approximately one year after partnering with a blockchain developer. Oranco, a Chinese alcohol wholesaler and marketer that specializes in Fenjiu liquor and imported wines, is currently testing a blockchain solution to guarantee the authenticity of its products. According to a press release on […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in latest funding round. Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in funding in a press release shared with Cointelegraph on July 25. A round led by Silver Lake and Glenn Hutchins […]
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Steve Wozniak has co-founded a company in Malta, which will reportedly use blockchain technology to save energy. Steve Wozniak, co-founder of American tech giant Apple, has invested in a new blockchain-based company headquartered in Malta. Wozniak is now the co-founder of energy efficiency company Efforce, according to a report by Maltese news daily The Malta […]
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The price of bitcoin has dropped below $10,000 in a sharp pullback. Analysts discuss where the market is headling and the factors of the drop. Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges including Coinbase, recording a 26.6 percent drop within a period of seven […]
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Singapore-based market maker Altonomy has raised $7 million in a funding round led by Polychain Capital to source liquidity for institutional customers. Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15. Singapore-based market maker Altonomy is […]
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Fidelity, Deloitte and Amazon have joined 20 other firms to support blockchain accelerator program Startup Studio. Major global firms Fidelity, Deloitte and Amazon, have begun supporting a new blockchain accelerator program called Startup Studio, according to a press release on July 11. The companies are backing the program along with 20 other firms, including Ethereum […]
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