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Prediction Startup Numerai Raises $11 Million in ICO
American prediction market startup and hedge fund Numerai (NMR) has raised $11 million in an initial coin offering (ICO) to launch its project Erasure, Numerai tweeted on March 21.
ConsenSys Spin-Off BlockApps Inks Deal With Bayer’s Monsanto Arm
ConsenSys spin-out BlockApps is working with Bayer Crop Science, the controversial agricultural giant formerly known as Monsanto.
AriseBank CEO Pleads Guilty to $4.2 Million Securities Fraud Involving ICO
Jared Rice Sr., founder of crypto bank AriseBank, pleaded guilty to one count of securities fraud Wednesday in federal court.
BNB and HT on the Rise: Will OKB Pick Up the Baton?
After the launch of Huobi Prime, HT managed to secure a 24-hour gain of more than 24%.
Dormant XLM Whales Active After World Wire Announcement by IBM
Stellar Lumens, the Ripple and XRP competitor, announced that they were open to business with banks and financial institutions from around 72 countries around the world with the launch of their proprietary product, ‘World Wire’.
CoinMarketCap Crypto Indices Launch on Nasdaq, Bloomberg, Reuters
Two cryptocurrency benchmark indices from data provider CoinMarketCap will launch today on financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as well as on its own platform.
Facebook Seeks Counsel to Forge Blockchain Partnerships for New Products
Facebook’s blockchain recruitment drive continues, as the social network looks to hire a lead commercial counsel for its initiatives with the technology.
Fundstrat’s Tom Lee Says Waning Interest in ICO Tokens is a Good Sign For the Market at Large
As per data released by ICObench recently, fundraising numbers associated with methods such as ICOs have continued to decline since the start of 2018. Not only that, even the sale of crypto tokens across the globe have fallen by a whopping 90 percent over the course of the past 12 months or so.
UK Parliament Presented Showcase of Real-World Blockchain Applications
The U.K. Parliament has been presented demonstrations of real-world blockchain applications designed to educate policymakers.
Fortune 500 Tech Firm Avnet Now Accepts Crypto Payments via BitPay
Avnet, one of the world’s largest distributors of electronic components and services, is now accepting cryptocurrency payments through a partnership with blockchain payments processor BitPay.
Venezuela: Maduro Administration Targets Bitcoin Remittance
The Venezuela government is reportedly making a move towards collecting fees on Bitcoin remittance payments in the country.
Nvidia on Track to Clear Inventory, Sticks to Bullish Outlook
Nvidia Corp. said chip inventory built up in anticipation of cryptocurrency mining demand that fizzled is expected to be cleared out in the current quarter.
IBM Ramps Up Efforts on Bank-Issued Stablecoins
Following in the footsteps of JPMorgan, IBM is now beginning to flex its muscles in the crypto market.
Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency
In light of the splash JPMorgan made recently with its plan for a bank-backed cryptocurrency, it’s worth remembering another big institution first tested a token to connect global payments – back in 2015.
CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike
Back in January 2017, China’s financial authorities initiated their first crackdowns against domestic bitcoin exchanges, with a ban on mainland exchanges cryptocurrencies against the yuan coming shortly thereafter.
Report: Number of Blockchain and Cryptocurrency Lobbies Tripled in 2018
The number of lobbies working on blockchain technology issues in Washington D.C. tripled in 2018, politics-oriented news outlet Politico reported on March 18.
Bithumb Lays Off 160 Employees as Crypto Cutback Continues
South Korean crypto exchange Bithumb, ranking among the biggest exchanges worldwide, is laying off over 150 employees.
Bitcoin Trading Plummets in Venezuela Blackout as Government Struggles to Pay Money Printers
Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact.