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Citigroup Raises Investment in Ethereum-Based Trade Finance Startup

U.S.-headquartered bank Citi has upped its investment in the Ethereum-based decentralized trade financing startup Komgo.Kris van Broekhoven, the global head of commodity trade finance at Citigroup, revealed that the bank has “topped up” its equity in Komgo “to allow the company to continue developing,” while speaking with ConsenSys on

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$50M ‘Blockchain for India’ Fund for Indian Startup Ecosystem Announced by Binance

Sharing is caring!The world’s largest cryptocurrency exchange Binance has teamed up with their subsidiary exchange in India – WazirX, to announce a joint initiative $50 million (backed by BNB, BUSD, and WRX digital assets)  “Blockchain for India” (BFI) fund to support the development and growth of blockchain startups in India.  “Let’s

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NEM Partners with Israeli-Lithuanian Telecom Startup on Cell Phone Security

NEM, one of the oldest peer-to-peer blockchain networks, has partnered with Israeli-Lithuanian telecom startup FIX Network to increase security and data protection for cell phone users and to solve the issue of SIM swapping. FIX Network will implement SYMBOL from NEM’s enterprise-grade blockchain into its existing cellular infrastructure. The goal

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Chicago Startup Fintank Aims to Launch a Crypto Self-Regulatory Organization

Chicago-based fintech startup FinTank aims to launch a national self-regulatory organization, or SRO, in the United States.Headed up by former Chicago Board Options Exchange, or CBOE, trader David Carman and partner George Vukotich, FinTank’s SRO “will help regulate the global crypto industry,” Carman told CryptoX. As much of the

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New Monaco-Based Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR).By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR),

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Tim Draper-Backed Startup Launches Blockchain Browser to Avoid Censorship

Unstoppable Domains, a tech firm backed by prominent blockchain supporter Tim Draper, is rolling out a blockchain-based browser set to provide users with access to the decentralized web.Per a Feb. 18 announcement, Unstoppable Blockchain Browser is designed to simplify access to the decentralized web, also known as web 3.0.

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