Cryptocurrency Analysis and News Portal
Once the lead proponent and builder of the Factom Protocol, Factom Inc. has been in financial difficulties for some time. The Austin, Texas-based company has declared voluntary bankruptcy, saying it is currently not in a position to pay as much as $7.5 million in debts. “It is desirable and in
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Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market.According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly in
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Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC).According to the June 12 filing with the U.S. Securities and Exchange Commission (SEC), the New York-based investment company will offer
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Reading Time: 2 minutes by Ash T on June 13, 2020 Bitcoin Leading alternative investment banking, deal structuring, and securities firm Wilshire Phoenix on June 12, filed with the U.S. Securities and Exchange Commission (SEC) for a tradeable Bitcoin (BTC) fund. Meeting the Demand for Bitcoin Funds Wilshire Phoenix recently filed an S-1 registration statement with
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Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new
Read MoreAlternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin Fund in line with regulation. The registration reads:"The Shares will provide investors with exposure to bitcoin in a manner that is accessible and cost-efficient without
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Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office.According to the application published May 14 — but filed way back in November 2018 — inventors Simon J. Hurry and Alexander Pierre with the Visa International Service Association in San Francisco
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Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved.In a filing with
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Ripple Labs filed a lawsuit against Youtube LLC in the Northern District of California on Tuesday April 21. The case seeks damages for Youtube’s failure to stop XRP (XRP) scammers and impersonators.The plaintiffs, named as Ripple Labs and its CEO Brad Garlinghouse, are taking action against Youtube to “prompt an
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Major car manufacturer, General Motors, or GM, has filed a patent application for a continuously updating navigation map system. The system would use blockchain to integrate data from vehicle sensors and build a reliable map for autonomous vehicles.According to the filing, which was submitted on Oct. 1, 2018 and
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