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VC Firms Pour Huge Money in Crypto Starups, Coinbase Unveils 2018 Earning

Photo: Rian Castillo / FlickrBig corporations and venture capital companies are pouring huge sums of money in crypto and blockchain startups, says a Reuters report. While not exposing themselves directly to the volatile crypto assets, the big corporations are supporting startups developing protocols for blockchain and crypto.So far in

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WSJ Falsely Overstates ‘$9 Million’ ShapeShift Money Laundering Claim: Analysis

Blockchain investigation and cybersecurity firm CipherBlade has done its own research, the results of which seem to exonerate crypto exchange ShapeShift from a scathing report in The Wall Street Journal. Shapeshift CEO Erik Voorhees was the first to tout the results, which exposed holes in the Journal’s methodology, knowledge of

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QuadrigaCX CEO Used Personal Money to Fund Exchange During Litigation With Bank in 2018

The late founder of Canadian crypto exchange QuadrigaCX, Gerry Cotten, was purportedly funding the exchange with his own money while it was in litigation with a major Canadian bank. Cotten’s widow Jennifer Robertson revealed details about the exchange’s financial situation in a statement published on March 13.The statement reads

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FATF Issues Preliminary Guidelines on Digital Assets to Combat Money Laundering

The Financial Action Task Force (FATF), an intergovernmental organization that develops policies against money laundering, has published preliminary guidelines for cryptocurrencies on its website on Thursday, Feb. 28.The FATF held a meeting on preliminary crypto requirements on Feb. 22. According to the organization, the new text of the Interpretive

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