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Morgan Stanley has made a big jump following its previous quarter reports that were marred by the influence of the coronavirus pandemic.Investment banking giant Morgan Stanley (NYSE: MS) has posted a better than expected earnings for its Q3 on Thursday. According to Reuters, the Q3 earning Morgan Stanley reported came
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The Associated Press’s (AP) 2020 election results will be recorded on a blockchain database, a first for the nearly 200-year-old news agency.Announced Thursday, the collaboration between the not-for-profit wire service and the Everipedia tech startup will see more than 7,000 state and national election race calls recorded on a blockchain,
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Block.one, the company behind the multibillion-dollar-backed EOS ecosystem, has its sights locked on the enterprise blockchain space.Announced Thursday, Block.one has released “EOSIO for Business,” an enterprise-focused version of its software featuring Blockchain-as-a-Service (BaaS), consulting, technical support and training and certification programs, the company said.Blockchain cloud services can offer businesses a
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Bitcoin (BTC) dropped lower on Thursday, with dimming stimulus hopes and a resurgence in the coronavirus cases in
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Security token firm Securitize is trying to become a broker-dealer and alternative trading system for digital assets, the company announced Thursday.The firm signed an agreement to purchase Distributed Technology Markets (DTM), a broker-dealer and alternative trading system registered with the U.S. Securities and Exchange Commission (SEC) and the U.S. Financial
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Filecoin is gearing up to launch its mainnet today, and many of the major cryptocurrency exchanges have announced that they will be listing its eponymous token FIL. But with rival EOS confirming that it has inked a deal with Google Cloud, the entire cloud storage industry now looks a lot
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The U.S. economy is less dynamic than it was two decades ago, and with this shift has come massive concentration in market power and control. Industrial concentration has risen. More workers than ever work for very large firms. A handful of major investors own a greater percentage of public companies.
Read MoreEbang, a major Chinese Bitcoin (BTC) mining equipment supplier, is planning to acquire a financial firm in New Zealand to set up a local digital asset financial service platform.According to an official announcement on Oct. 14, Ebang International Holdings has entered an Expression of Interest tender letter to acquire a
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The island's Financial Services Authority has set out how it will treat cryptocurrencies and crypto assets and which might be regulated as securities. Source
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Despite Covid-19’s chill on the investment industry, investors are still keen on the blockchain industry — with a notable shift in interest and money toward Asia, according PwC and Crunchbase.a. A new report by PwC, the professional services consultancy, has found that crypto M&A investment activity continues to shift away from
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