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The majority of the 6,376 mining rigs BlockFi sold to U.S. Farms & Mining are Bitmain Antminers, according to a previous filing. They are spread across the U.S. in Texas, Georgia, Kentucky and North Dakota, although the company also has some in Norway. About 400 of the machines had come
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The decision, issued on Friday morning by Judge John T. Dorsey, comes despite recent controversy about the white-shoe law firm having potential conflicts of interest that critics say should disqualify Sullivan & Cromwell from acting as debtors’ counsel. Original Source
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“Amid the ongoing crypto winter, it is essential to remember and highlight the core values of decentralization, immutability, freedom from institutional greed and inclusivity that underpin the blockchain sector,” Ivanov said in a press release. “Unlike other platforms, Vires.Finance and Waves keep weathering this storm – largely thanks to the
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The new ETF is set to start trading on Friday, after the bitcoin-linked fund cleared the final regulatory hurdles, a Valkyrie spokesperson said. It will trade on Nasdaq under the ticker BTF on Nasdaq, despite short-lived plans to adopt the more meme-centric ticker BTFD. Source
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Huobi’s Japanese subsidiary received approval from the local Financial Services Agency to offer crypto derivatives, according to a Thursday press release.Huobi Japan is one of seven exchanges in the country to have successfully registered with the regulators as a Type I financial instruments business.To register, firms must have stated capital
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BlackRock, the world’s largest asset manager with $7.81 trillion under management, appears to have granted at least two of its funds the ability to invest in bitcoin futures.Prospectus documents filed with the U.S. Securities and Exchange Commission Wednesday indicate that BlackRock Global Allocation Fund Inc. and BlackRock Funds V are
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Convincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable medium to store regulated investment funds was no easy task for Mason Borda of Tokensoft. The CEO of this Bay Area tokenization firm spent over two years crusading for a peer-to-peer tradeable fund. Borda developed compliance-appeasing
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Capital markets blockchain platform iSTOX has graduated from Singapore's regulatory sandbox and been approved as a recognized market operator and capital markets services licensee.Singapore’s The Business Times confirmed on Feb. 3 that the platform, developed by blockchain infrastructure firm ICHX Tech, is now fully operational and licensed by the
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