Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin fund, the Napoleon Bitcoin Fund. Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin (BTC) fund, the Napoleon Bitcoin Fund. The company announced in a press release that the fund was created on Nov. 8 and is a…
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The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets. The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets, but that should not prevent them from entering the space in order to understand it. In an analysis dedicated…
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As China gears up for a major blockchain drive, and the expected launch of its digital yuan next year, the city of Shenzhen and one of the country’s biggest banks – China Construction Bank (CCB) – appear to be playing vital roles. Per news agency Xinhua and media outlet the Global Times, local authorities in…
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Being an integral part of the Ethereum’s blockchain transition to PoS, the difficulty bomb may pose a threat to miners and projects. The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to a…
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Ticketmaster discusses plan to use smart contracts to support millions of tickets on stage at ELEV8CON. Speaking at Elev8CON in Las Vegas on Dec. 9, Ticketmaster’s vice president of blockchain products Sandy Khaund discussed the value smart contracts can bring to the ticketing industry, a market expected to reach over $6.23 billion by 2025. Khaund…
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A sudden surge in selling pressure causes MATIC token to dive from above 550 satoshis to under 200, leading to accusations of insider manipulation staff deny. Ethereum (ETH) based cryptocurrency payment network Matic has described as “baseless” claims it manipulated the price of its token after it crashed 60% in minutes. In a blog post…
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Hardware wallet manufacturer Ledger announced the latest version of its Ledger Live application, adding support for Tezos and Tezos staking. Hardware wallet manufacturer Ledger has announced the latest version of its Ledger Live application, adding support for Tezos (XTZ) and Tezos staking. Unveiled last year, Ledger Live is a software solution that allows Ledger hardware…
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The ICC and blockchain firms Perlin and AirCarbon have partnered to fund climate projects in the aviation industry. The International Chamber of Commerce (ICC) has partnered with a Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation. In a press release on Dec. 10, the ICC said that a partnership with Perlin and…
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New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzi scheme BitClub Network. United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement…
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Bitmain co-founder and tech billionaire Wu Jihan has reappeared at the helm of Beijing-based mining giant Bitmain as the company’s chief executive. Bitmain co-founder and tech billionaire Wu Jihan resurfaces at the helm of Beijing-based mining giant Bitmain at a recent meeting with clients. On Dec. 10, Bloomberg reported that Wu Jihan made a public…
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