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Swisscom Blockchain AG Onboards New Chief Executive Officer

Blockchain-focused company Swisscom Blockchain AG has onboarded Ethereum (ETH) engineer Lukas Hohl as its new chief executive officer, Cointelegraph auf Deutsch reported on April 15.Hohl, who previously served at various IT and finance companies, including Blockchain’s parent company Swisscom, business consulting firm BearingPoint, consultancy group Sofgen, and management consulting

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Nimiq Acquires 9.9% Stake in Germany’s WEG AG to Become Bank’s Third Crypto Firm Owner

Browser-based blockchain payments system Nimiq has acquired a 9.9 percent stake in Germany’s WEG Bank AG, according to an official announcement published on April 3.The stake acquisition comes as part of Nimiq’s new strategic partnership with WEG Bank AG and Swiss-Maltese decentralized cryptocurrency exchange (DEX) Agora.Trade.The three partners are

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Deutsche Bahn AG and Unibright Form Partnership to Tokenize the Former’s Services

Deutsche Bahn AG is the leading train operating company in Germany and through its years of experience has been able to put several services together for its customers. Getting tickets from Deutsche Bahn AG has been made easy since there are several online ticketing platforms available along with a mobile

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Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG

The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov. 28.Envion was established in Switzerland by Michael Luckow and Matthias Woestmann as an off-grid mining company that claims to use decentralized,

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Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto

Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal MotherJones reported Nov. 14.Whitaker, a Trump loyalist, was appointed by the U.S. president to replace former attorney general Jeff Sessions Nov. 7.Among other

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Swiss Asset Management Firm Tiberius Group AG Delays Launch of Metals-Backed Token

Switzerland-based commodities assets manager Tiberius Group AG has delayed the sale of its metals-backed cryptocurrency, Tiberius Coin, due to high fees from credit card companies, Bloomberg reported Oct. 9.The company announced its intention to issue a digital currency tied to the price of metals — copper, aluminum, nickel, cobalt, tin,

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New York AG Report Faults Crypto Exchanges for Manipulation Risks

The New York Office of the Attorney General (OAG) has released a report on cryptocurrency trading platforms, finding that many are vulnerable to market manipulation and referring several exchanges to another agency for potential violations of state law. The NYAG's inquiry was launched in April, seeking voluntary participation from 13 of

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