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One of Ripple Labs’ big financial backers is looking to reverse its bet on the XRP issuer.Tetragon Financial Group LTD, the multi-billion asset manager-turned-plaintiff, had led Ripple’s $200 million funding round in December 2019. On Monday night the U.K.-based firm moved to exit its position in a sealed filing in
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2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways and DeFi protocols, Ethereum has attracted a substantial amount of Bitcoin (BTC) assets, thus cutting into Bitcoin’s on-chain
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The Ripple exec was responding to a question asking whether a majority vote could force the destruction of XRP held in escrow. Source
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The demand mimics a play tax enforcers at the IRS deployed against Coinbase. Source
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At the time of writing, the U.S. 2020 election still hangs on a knife-edge, with either candidate still
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The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control. Source
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The United States Space Force has engaged blockchain firm Xage Security to develop a new security layer for its communications systems. Source
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The recently created United States Space Force, or USSF, and the U.S. Air Force Research Lab has chosen blockchain firm Xage Security to develop data security systems.In a statement, Xage Security said it was awarded a contract to provide end-to-end data protection for the USSF. The company will employ its
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The $500,000 contract continues USAF's recent history of blockchain investments. Source
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SIMBA Chain, a blockchain-as-a-service company with deep ties to the Department of Defense, has two years and $1.5 million to research and develop a blockchain for supply chain logistics for the U.S. Air Force. The South Bend, Ind., firm said on Monday it has entered Phase II of its Small
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