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The United States-based blockchain startup Simba Chain, which provides technology for several U.S. defense organizations, raised fresh funds to scale the business and tap new opportunities like nonfungible tokens (NFTs).The $25 million Series A funding round was led by Valley Capital Partners with the participation of Notre Dame Pit Road
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Former United States Treasury Criminal Investigator Greg Monahan joined major cryptocurrency exchange Binance to oversee the company's international Anti-Money Laundering (AML) efforts, the exchange announced on Aug. 18.Before replacing Karen Leong as the global money laundering reporting officer at Binance, Monahan worked for the U.S. Treasury for almost 20 years
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Asia’s no slouch when it comes to environmentally friendly initiatives in its blockchain industries. From institutions wanting carbon neutral Bitcoins, to tokenizing carbon credits — these are the latest green crypto trends in this region. In the DeFi space, Conflux launches a new platform that aims to bridge the gap between ecosystems
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While the Bank currently has no plan to issue central bank digital currency (CBDC), from the viewpoint of ensuring the stability and efficiency of the overall payment and settlement systems, the Bank will prepare thoroughly, including implementing experiments, to respond to changes in circumstances in an appropriate manner. In the
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China Construction Bank, the world’s second-largest bank by assets, is cooperating with Malaysian and Singaporean partners to test blockchain technology for use in the bond market.As previously reported, China Construction Bank’s branch in Labuan, Malaysia, had initially pursued a partnership with a Labuan-based fintech firm to issue what was hailed
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The world’s largest music streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project, recently rebranded to Diem.According to an announcement, Spotify is looking for an associate director to join its Payment Strategy and Innovation team. The successful candidate will
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Anthony Albanese will become chief regulatory officer for the tech ventures giant in November. Source
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A group of hackers associated with the North Korean regime have kept their crypto extortion efforts alive in 2020.A group of North Korean hackers operating under the name “Lazarus” targeted several crypto exchanges last year, according to a report published by Chainalysis.One of the attacks involved the creation of a
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Visa stated that digital currencies could help in offering better services and expansion of the networks that would support modern forms of trade and exchange.Visa Inc (NYSE: V) is a renowned technologically based payments company that is committed to delivering the best values to individuals to customers all over the
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Seychelles-registered crypto derivatives exchange BitMEX has become the latest industry actor to join philanthropic efforts to fight the COVID-19 global health crisis.On April 20, the exchange’s operator, HDR Global Trading, launched a dedicated COVID-19 Response Fund and announced its contribution of a total $2.5 million in grants to four recipients.The
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