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Japanese HR and Tech Giant Recruit Holdings Invests in Blockstack

Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings.U.S. startups look for Japanese partnershipsThe Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens. Blockstack

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Amazon Tech Experts-Backed Blockchain CRM Network Raises $3.5M

Cere Network, a San Francisco-based blockchain customer relationship management (CRM) startup, has completed a $3.5 million funding round.The seed round involved major global blockchain investors, including Binance Labs, a venture arm of Binance, the second biggest crypto exchange by trading volumes to date. Other investors included Neo Global Capital,

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US Lawmakers Push to Keep Big Tech Out of the Financial World with New Proposed Legislation

In a legislative draft titled “Keep Big Tech Out Of Finance Act,” members of the US Democratic Party are working towards passing stringent rules to discourage big tech firms eyeing the financial market.This legislation is especially targeted at big firms such as Facebook who wants to function as a financial

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Siemens Considers Using Blockchain Tech for Carsharing

Self-proclaimed electrification, automation and digitalization global giant Siemens has shown an interest in adopting blockchain-based solutions. In particular, Siemens is exploring the use of blockchain in the transportation industry, as per a report by Forbes on July 15.According to Siemens Corporate Technology’s head of cybersecurity and blockchain, Andreas Kind,

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Drafted “Keep Big Tech out of Finance” Act Surfaces Days Before Libra Hearings

A drafted bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly deriving from within the United States House of Representatives Financial Services Committee. The document’s metadata dates it July 12.The bill’s provenance is unconfirmed, but crypto news site The Block quotes an inside source as saying

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Eccentric Tech Runaway John McAfee Offers to Build Cuba’s First Cryptocurrency

Cybersecurity expert and tech guru (at least for some) John McAfee recently expressed his willingness to work with the Cuban government to help build their its native cryptocurrency. McAfee, who is currently on the run from the U.S. tax authorities, offered his help after the Cuban government revealed its intention

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