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TZERO CEO Issues Letter to Investors, Addresses Patrick Byrne’s Resignation

The CEO of Overstock’s blockchain subsidiary tZERO, Saum Noursalehi, has issued an update on tZERO’s progress and addressed the departure of Overstock’s CEO Patrick Byrne.In a letter to investors published on Sept. 6, Noursalehi addressed Byrne’s resignation as the CEO of American e-commerce giant Overstock.com. Noursalehi assured that Byrne’s

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Elwood Asset Management Wants to Draw More Institutional Investors to Crypto

Elwood Asset Management, the company of the UK billionaire Alan Howard, is planning to introduce a variety of products to get international investors interested in crypto assets.Elwood is a firm that specializes in digital assets and finance to find solutions and opportunities for global investors. On a phone interview with

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Bitcoin and Gold Attract More Investors as US-China Trade War Intensifies

As two largest world powers, the US and China, tussle for economic hegemony, investors are drawing closer than ever to Bitcoin(BTC)trade and gold to shelter themselves from the turbulent stock market, a recent report from the US-based multi-asset investment firm eToro, said.On August 26, an article was published by The

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US: IRS is sending additional CP 2000 notice letters to cryptocurrency investors

The U.S. Internal Revenue Service (IRS) has again sent out compliance letters to investors of virtual currencies such as Bitcoin, whose tax return information did not match data reported to the IRS by third parties such as employers and banks.The CP 2000 notice letters will give individual investors detailed information

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Investors Consider Cutting Ties with Facebook’s Libra Amid Regulatory Scrutiny

At least three investors in Facebook’s Libra cryptocurrency are considering disassociating with the currency following intense regulatory pushback. According to a report published in the Financial Times on Friday, some backers are fearful that the spotlight placed on the social media giant’s proposed cryptocurrency will also bring their own separate, independent

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Secondary Market for Telegram Tokens Sees 400% Return for Investors

Telegram’s eagerly awaited blockchain, Telegram Open Network (TON), is set to be launched on October 31. However, the yet-to-be issued tokens are already trading on an unauthorized secondary market. Purchase Agreement Does Not Allow For Resale Investors are already seeing returns as high as 400% on Telegram tokens, known as grams; however,

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