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80 Firms Including MasterCard, Coinbase Spent $42 Mln Lobbying Crypto, Fintech Issues in Q1

Around 40 entities lobbied for bitcoin (BTC) and blockchain-related causes in the United States in Q1 2019, political news site Roll Call reported on April 30.Citing data from the Federal Electoral Commission, the publication stated that around half of the 80 lobbying entities included cryptocurrency-related items, with total quarterly

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US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking

A federal jury has convicted two Romanian alleged cybercriminals of spreading malware to steal credit card credentials and illicitly mine cryptocurrency, an announcement from the official website of the United States Department of Justice revealed on April 11.The malware allegedly spread by the suspects was reportedly used for cryptojacking

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Coda Leads $15 Mln Funding Round for O(1) Labs Including Coinbase and Paradigm

Blockchain scalability project Coda has completed a new $15 million funding round for O(1) Labs, Coda announced on April 2.According to Coda, the new funding round involved major technology investors such as Accomplice, Coinbase Ventures, Paradigm, and General Catalyst.As specified on its website, Coda is a cryptocurrency protocol with

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Chinese Regulator Approves First 197 Blockchain Firms, Including Tencent, Alibaba, Baidu

China’s cyberspace administration has released the first list — 197 companies long — of registered blockchain service providers, according to their March 30 notice.Chinese initiatives by internet giants such as Baidu Blockchain Engine, Alibaba Cloud Blockchain-as-a-Service (BaaS), Tencent BaaS (TBaaS) and the BaaS platform owned by e-commerce giant JD.com

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We’re ‘Diligently’ Working on All Crypto-Related Applications, Including Bakkt’s

United States regulator the Commodity Futures Trading Commission (CFTC) is actively working to approve multiple crypto-related applications, including for Bitcoin (BTC) futures from institutional trading platform Bakkt. A CFTC commissioner revealed the news in remarks to cryptocurrency news network Blocktv in an interview on March 19.Answering a question about

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US Fed Considers Including BTC Market Crash as ‘Salient Risk’ for Stress Tests

The United States Federal Reserve (the Fed) is considering the inclusion of this year’s Bitcoin (BTC) market collapse as one of the “salient risks” to be taken into account for its supervisory stress tests. The prospective amendment was revealed as part of a policy statement published on the official

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Messenger Giant Kakao Spent $57 Mln on New Tech, Including Blockchain, in Q4 2018

South Korean internet giant and messaging app operator Kakao Corp has published its Q4 2018 report that covers blockchain and AI operating expenses, Korean news website ZDNet reports Thursday, Feb. 14.According to ZDNet, in Q4 2018 Kakao’s consolidated operating income was 4.3 billion Korean won ($3.8 million). At the same

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