Cryptocurrency Analysis and News Portal
Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin.The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,” as well
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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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BC's OSL exchange is the first crypto brokerage to receive Hong Kong regulators' blessing. Source
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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Blockchain startup Conflux has received over $5 million research grant from the Shanghai Science and Technology Committee and Changning District government, which is part of the city’s municipal government. The Beijing-based firm touted that it has become the only public, permissionless blockchain project backed by the Chinese government, according to the
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Greenfield One, an early stage crypto venture firm based in Berlin, has secured its first major backers for a second fund, including an investment from Bertelsmann, a private German multinational.Bertelsmann is a media company with a vast portfolio, including the largest publisher of books in the English-speaking world, Penguin Random
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A Singapore government research department has launched a new program intended to advance commercial applications of blockchain within the city-state.According to a report by The Strait Times on Monday, the S$12 million (US$8.99 million) program from the National Research Foundation (NRF) will support research and development of real-world use cases
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Bitcoin has rallied approximately 124.3% in the past one year and is now up 17.4% and 12.3% in the past two weeks and seven days respectively.30-year-old American rapper Sir Robert Bryson Hall II alias Logic has joined a list of celebrities who have invested in the crypto market, particularly Bitcoin.
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Sam Bankman-Fried’s Alameda Research has invested $3 million in trading platform 3Commas.“We had offers from other bigger names in the space as well,” founder and CEO Yuriy Sorokin told CryptoX in an interview, “but I love Sam because he talks straight to the point compared to these other Western negotiators.”Sorokin’s
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Medici Ventures has completed an $8 million equity purchase in Barbados-based Bitt, bringing it a controlling interest in the blockchain firm.Medici’s latest investment will help it chase market opportunities around the adoption of digital currencies in developing countries, the Overstock subsidiary said in an announcement Wednesday.“Bitt’s pioneering work in the
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