Morgan Creek Capital Management firm has raised $61 million for second blockchain fund, with the ultimate goal of raising $250 million. Anthony Pompliano’s Morgan Creek Capital Management firm established a blockchain fund to explore opportunities using distributed ledgers. On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filling for its second blockchain…
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Kik almost went to the verge of shutting down because of its lawsuit with the SEC. A buyout from MediaLab saved it. On Oct. 13, Canadian social media and messaging app Kik revealed it’s “here to stay.” This was an apparent reversal from what the company’s CEO, Ted Livingston, said in a blog post —…
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A blockchain and DNA-based fuel tracking solution for fuel oil has launched after a pilot in the Netherlands. Bunkertrace, a blockchain and DNA-based fuel tracking solution, is using DNA markers to trace bunker fuel oil throughout the supply chain. On Oct. 21, in an article by the American Journal of Transportation, Bunkertrace announced its commercial…
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SIM swapping victim Michael Terpin wrote an open letter to FCC Chairman Ajit Pai to take action against this type of fraud. SIM swapping victim Michael Terpin wrote an open letter to the United States Federal Communication Commission (FCC) Chairman Ajit Pai. In his letter, posted by Coindesk on Oct. 21, Terpin requested that the…
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The Cyberspace Administration of China adds 309 more companies to its list of registered blockchain service providers. The Cyberspace Administration of China, the country’s central Internet regulator, censor, oversight and control agency, has published its second list of registered blockchain service providers. The new batch comprises 309 companies that are representatives of various industries, including…
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The Algorand Foundation announced that its blockchain platform is now certified for Sharia-compliant financing. The Algorand Foundation announced that its blockchain platform is now certified for Sharia-compliant financing. According to a press release on Oct. 21, Islamic institutions can now start using the proof-of-stake Algorand blockchain for economic exchange, stating: “Islamic enterprises will now be…
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FinCEN Director Kenneth Blanco says that the agency expects fintech firms that provide anonymous services to comply with Anti-Money Laundering standards. The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco spoke at the University of Georgetown where he made it clear that Anti-Money Laundering (AML) laws apply to everyone. On Oct. 21, banking…
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Vancouver-based Global Container Terminals will use TradeLens in all four operated terminals, including two terminals in the U.S. Global Container Terminals (GCT), a container terminal operator in North America, has joined Maersk and IBM’s blockchain shipping tool TradeLens. Adding four Canadian and U.S. terminals to the platform As part of the initiative, Vancouver-based GCT will…
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Cryptocurrency exchange Binance is joining the governance council of Klaytn, a blockchain project led by South Korean internet giant Kakao. Klaytn, a blockchain project led by internet giant Kakao, announced that cryptocurrency exchange Binance is joining its governance council. In a joint press release shared with Cointelegraph on Oct. 22, Binance announced that it is…
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Popular American EDM-pop duo The Chainsmokers are supporting a new blockchain-based ticketing platform. American EDM-pop duo The Chainsmokers are backing a new blockchain-based ticketing platform. Platform allows artists to control the secondary ticketing market Alongside their manager Adam Alpert, the 2017 Grammy Award winners invested in YellowHeart, a decentralized ticketing platform designed to facilitate transparent…
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