Blockchain and cryptocurrency investment firm Multicoin Capital hires a former Google product manager as one of its new investment Principals. Blockchain and cryptocurrency investment firm Multicoin Capital hired a former Google product manager as one of its new investment Principals. In a blog post published on Oct. 1, managing partner Kyle Samani said that Tony…
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Altcoin trading platform Coinexchange has announced that it is shutting down due to financial difficulties. Altcoin trading platform Coinexchange.io has announced that it is shutting down due to financial difficulties. In an official announcement on Oct. 1, the platform noted that the closure was purely a business decision and is not connected to any security…
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The U.S. Securities and Exchange Commission reaches a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network. The United States Securities and Exchange Commission (SEC) reached a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network. $225,000 in disgorgement and penalties On Oct. 1 the SEC announced in a…
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RenrenBit CEO Zhao Dong speaks about Tether’s yuan-backed stablecoin and its impact on Bitcoin and crypto startups in China. In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao…
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Japan could shun cryptocurrency investment trust offerings – while some of the country’s top financial companies have established a securities token association. The regulatory Financial Services Agency – the body that polices the country’s exchanges and cryptocurrency businesses – has provisionally updated its guidelines on financial instruments. The agency Read more »Pay/Trade/Buy Bitcoin with Credit…
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CryptoBridge, a gateway for decentralized exchange BitShares, announces that as of this month its users will have to undergo mandatory identity checks. BitShares Decentralized Exchange (DEX) gateway CryptoBridge announced on Oct. 1 that it has implemented mandatory user Know Your Client (KYC) verification. European regulation is responsible Per the announcement, the reason for the upcoming…
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Decentralized finance startup InstaDApp has secured $2.4 million in a seed round from an array of strategic investors, including Coinbase Ventures and Pantera Capital. Decentralized finance (DeFi) startup InstaDApp has secured $2.4 million in a seed round from an array of strategic investors, including Coinbase Ventures and Pantera Capital. New funding Per an Oct. 1…
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Russian federal customs service stopped the illegal import of four cryptocurrency mining devices from Mongolia into Siberia. The Federal Customs Service of the Russian Federation stopped the illegal import of four crypto mining devices from Mongolia into Russia. Crypto mining equipment confiscated On Oct. 1 Coinspot reported that a Mongolian citizen was trying to smuggle…
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Berlin-based blockchain firm delivers mine-to-market technology solutions to help fight against blood diamonds in the Democratic Republic of Congo. Berlin-based blockchain company, RCS Global delivers mine-to-market technology solutions to help fight against conflict minerals in the Democratic Republic of Congo. Not part of a blood-stained supply chain On Oct.1 Reuters reported that government officials in…
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Head of Swiss financial supervisor FINMA Mark Branson says that he is more concerned with the dark corners of crypto than he is with Libra. Mark Branson, head of Swiss financial supervisor FINMA, said that he is more concerned with the dark corners of cryptocurrency than he is with Facebook’s stablecoin Libra. Switzerland will not…
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