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Wanxiang and PlatON Join Forces for Blockchain Infrastructure of New Smart City in China

Automotive giant China Wanxiang Holding Co., Ltd has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou, according to a report by CryptoNinjas on June 20.According to the report, the smart city—dubbed “Innova City”—will be built with tech using PlatON’s blockchain infrastructure, for purposes like

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Finance IT Infrastructure Firm Partners With Institutional Crypto Exchange Seed CX

Trading IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX, according to a press release published on May 23.The partnership aims to allow institutional clients of Avelacom —  an IT infrastructure provider for the financial services industry — to utilize Seed CX’s real-time market data and

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Blockchain Infrastructure Firm Blockstream Launches Security Token Platform

Blockchain infrastructure firm Blockstream announced the launch of its security token platform in a press release shared with Cointelegraph on May 15.Per the announcement, the new Liquid Securities platform is a solution for businesses to issue security tokens on the Liquid Network.Blockstream Chief Security Officer Samson Mow claims that

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Australian Securities Exchange Debuts Infrastructure Replacement as Blockchain Switch Begins

The Australian Securities Exchange (ASX) has released the first code for its replacement app development tool based on blockchain, the company confirmed in a press release on May 7.The new platform, dubbed the Customer Development Environment (CDE), builds on the exchange’s previous offering, Chess, which will now be retired.The

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Cybersecurity, Blockchain Firm WISeKey Acquires Interest in Data Infrastructure Firm

Switzerland-based blockchain, Internet of Things (IoT) and cybersecurity firm WISeKey has acquired a 22 percent interest in American data infrastructure firm Tarmin through a multi-million USD transaction, exact amount unspecified. The news was revealed in an official announcement from WISeKey on April 3.WISeKey focuses on creating digital identity ecosystems

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Post-Trade Market Infrastructure Giant DTCC Publishes Guidelines for Tokenized Securities

The Depository Trust & Clearing Corporation (DTCC), a global post-trade market infrastructure giant, has published a white paper outlining guiding principles for the post-trade processing of tokenized securities. News of the white paper was announced in an official DTCC press release on March 13.The paper — targeted at regulators

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Crypto Professionals Predict $2,400 Bitcoin Bottom, Expect Infrastructure To Spark Bull Run

Individual investors have long struggled to predict movements in any market. While there are some talented investment geniuses out there, like Warren “Oracle of Omaha” Buffet, common Joes and Jills (and even some Wall Streeters) by and large struggle with determining where the stock market, let alone crypto assets, like

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ConsenSys Backs Ethereum-Based Unlisted Infrastructure Investment Startup Allinfra

Ethereum (ETH) blockchain-focused development company ConsenSys has invested in an infrastructure investment startup, Allinfra, according to a press release shared with Cointelegraph on Feb. 21.As per the announcement, ​Allinfra will rely in part on ConsenSys’ technological capabilities and expertise in the tokenized assets area. The exact amount of the investment

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ConsenSys and AMD to Jointly Develop Blockchain-Based Cloud Computing Infrastructure

Blockchain software company ConsenSys, semiconductor producer AMD, and Abu-Dhabi-based investment management firm Halo Holdings are jointly working on a blockchain-based cloud computing infrastructure. ConsenSys announced the collaboration in a press release published on Jan. 4.Per the release, the companies have partnered to create the so called W3BCLOUD aimed at the

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Bitcoin Institutional Infrastructure Only Getting Stronger, Look at Yale

Spencer BogartSpencer Bogart, a partner at major cryptocurrency venture capital firm Blockchain Capital, said that the institutional sector of Bitcoin is only getting stronger. Although the valuation of the cryptocurrency market has dropped by 85 percent since achieving $816 billion in January, with the involvement of Nasdaq, Fidelity, NYSE, Bakkt, and

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