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Tag Archives: Major

Major VC Firm Asked SEC to Not Categorize Cryptocurrency as Security

The self-branded “Venture Capital Working Group” has approached the SEC to propose regulatory “Safe Harbors” for some tokens and cryptocurrency. Crypto Advocates Bring Proposal to SEC A group of lawyers and investors assembled by venture capital firm Andreessen Horowitz met with the SEC in Washington on March 28 to lobby against defining all cryptocurrencies as securities which would subject them to a ...

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Major Crypto Investors Request Token Oversight Exemption In Meeting With SEC

Top cryptocurrency investors Andreessen Horowitz and Union Square Ventures urged the US Securities and Exchange Commission (SEC) to consider a cryptocurrency exemption at a private meeting, the Wall Street Journal reports April 19. The Silicon Valley-based venture capital firms met with top officials of the SEC’s Division of Corporation Finance, which regulates Initial Coin Offerings (ICOs), to argue against stringent ...

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IBM And Major Banks Blockchain Partnership Reports First Live Pilot Transactions

IBM’s partnership with international banks to develop a Blockchain trade finance platform called Batavia has resulted in the platform’s first live pilot transactions, according to a press release published today, April 19. IBM, the Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, and the United Bank of Switzerland (UBS) began work on the initiative last fall. Batavia works by tracking ...

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US Stablecoin Project Basis Raises $133 Mln From Major VC Firms

The US-based Blockchain project Basis (formerly known as Basecoin), which claims to provide a non-volatile cryptocurrency or stablecoin, has recently raised $133 mln in funding from big name investors, according to an official blog post published today, April 18. Basis announced today that they had raised $133 mln in private placement from a slew of major venture capital players, including ...

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Startup To Solve Major Problems of Gig Economy By Building A Decentralized Network

In early 2018, a team of entrepreneurs in Singapore launched a startup called the Blue Whale Foundation, aiming to overcome the crucial problems of sharing economy, such as high commissions and no employment benefits for the self-employed. In the future, the Blue Whale platform could let any freelancer or small to medium enterprise (SME) scale their businesses and release their ...

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Major South Korean Crypto Exchange Coinone To Launch In Indonesia

South Korea’s third largest cryptocurrency exchange, Coinone, has announced plans to launch an exchange in Indonesia, according to a press release published on its site Monday, April 16. As stated in the Coinone’s press release, the new Indonesian branch opened for pre-registration April 16, with an official launch set for June. According to Finance Magnates, the exchange will initially support ...

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Blockchain Platform Prepares To Test Cryptocurrency Payment System In Major Shopping Mall

A Blockchain-driven platform has announced it will begin testing a brand-new transaction system for cryptocurrency payments within the coming days. Eligma says the beta version of its EliPay technology is going to be rolled out to selected retailers in BTC City, one of Europe’s largest shopping centers. The company says that the Slovenia-based complex, which boasts more than 450 stores, ...

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Another Major Hong Kong Cryptocurrency Exchange Sets Its Sights on Malta

A second major Hong Kong–based cryptocurrency exchange is planning on setting up shop in Malta, a small island nation in the Mediterranean.     OKEx, one of the top five cryptocurrency exchanges by 24-hour trading volume, announced today, April 12, 2018, that it is expanding its operations to Malta. In late March, Binance, the largest exchange by trading volume, also announced ...

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OKEx Becomes Second Major Cryptocurrency Exchange to Move to Malta

Join our community of 10 000 traders on Hacked.com for just $39 per month. Another major cryptocurrency exchange is about to set up shop in Malta, cementing the small Mediterranean island nation’s status as a burgeoning hub for cryptocurrency startups. OKEx, the world’s second-largest cryptocurrency exchange as measured by daily trading volume, on Thursday announced that it will open an ...

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Major Collaborative Effort to Diversify Genomic Data by Sequencing Population in India

A project with the goal of developing the world’s biggest collection of genomic information is aiming for a new collaboration in India that will help address inadequacies in the diversity of genomic data currently used in research globally. Shivom is describing its new relationship with the government of Andhra Pradesh as “hugely significant” because it means access to sequencing the ...

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