Mining Giant Glencore to Trace Cobalt Using ‘Responsible Sourcing’ Blockchain Consortium
Glencore, one of the world’s largest cobalt producers, will use a Hyperledger Fabric blockchain to responsibly source its supply chain. Source
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Kraken Job Ad Hints at Plan to Build Special-Purpose Wyoming Bank
At CoinDesk’s Invest: NY conference last month, Wyoming officials touted the charter as a potential end-run around New York’s notoriously strict BitLicense, which the Empire State is in the process of revising. Kraken CEO Jesse Powell has previously said his company stopped serving New York customers several years ago because
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Development Group: Southeast Asian Consumers Too Bullish on Crypto?
“While the majority of financial consumers investing in cryptoassets say they could afford to lose the money invested, given the general lack of understanding of cryptoassets or the risks involved, the reasons for investing, the use of credit by some and the lack of professional advice among many when purchasing,
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Decentralizing the Web Is More Necessary Than Ever
The bear market gives developers time and space to do what they do best. Source
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Franklin Templeton Closes Funding Round For Blockchain-Based Social Impact Platform
Proof of Impact, a blockchain-based, global marketplace for natural and social capital has closed a funding round led by American asset management firm Franklin Templeton Investments.On Dec. 12, Proof of Impact announced that it closed its first institutional investment round led by Franklin Templeton, a global fund manager that
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Hold Tight, Here Come the Blockchain Wars
Secondly, the natural instinct of this slightly-less-dumb capital is to pick projects with defendable moats. Monopolies make great returns for their backers. Duopolies are okay too. But an active market saturated with great teams doing awesome things is just not worth the bother. Large and vaguely strategic investors act as
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IBMR and Blockchain Firm Algorand Launch Microfinance Platform
The International Blockchain Monetary Reserve (IBMR) and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia.Per a press release shared with CryptoX on Dec. 12, the partnership between the two entities aims to develop and launch a microfinance
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Ride ‘Em, Cowboy: Bitmain’s Marketing Gambit Ups Its Texas-Sized Position on Bitcoin
Bitmain's new strategy of giving put options on bitcoin to buyers of its miners amounts to a "Texas hedge": doubling down on risk, not offsetting it. Source
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Security Token Offerings Are (Finally) Set For Takeoff in 2020
It has also been a year when certain erroneous concepts have, thankfully, been dropped by the wayside. For example, the industry no longer thinks STOs are easier to sell than other types of private placements. While STOs are a great match in many ways for the §506(c) of Regulation D
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Crypto-Asset Guidelines to Be Drafted Based on Industry Input
The Basel Committee on Banking Supervision is calling for feedback on the prudential regulatory treatment of crypto-assets. Feedback received from insiders in both the crypto and traditional finance sectors will be used to draft guidelines for banks interested in dealing with crypto-assets. Although they are wary of risks associated with the
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