The combination of the words “hostile takeover” and cryptocurrencies is not very common. A report from press claims that a startup known as Valor Foundation is planning a hostile takeover of Ripple, the $14 billion cryptocurrency. According to BTC Manager, if such a takeover is actually completed, it will be the first hostile takeover in…
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The World Economic Forum is a much awaited event, especially when some of the “hottest” technologies are on the table: blockchain, digitalization, economic development, etc. It appears that there is a new blockchain “power” that is emerging right now. South Africa is currently positioned perfectly to be a global blockchain player among other “giants” such…
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Huobi Japan is now a wholly-regulated crypto exchange, supervised by the Financial Services Agency in Japan. The cryptocurrency exchange was created through a merger between Huobi Group and BitTrade. The Founder and CEO of Huobi Group commented on the milestone: This is an important milestone for us," said Leon Li, Huobi Group Founder and CEO. "Firstly,…
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Bithumb, one of the world’s largest cryptocurrency exchanges, is looking to go public in the US through the mechanism of reverse merger. Bithumb can become the very first crypto exchange to be traded publicly in the United States. The holding company of Bithumb, BTHMB, which is based in Singapore, is seeking to be listed in…
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The different states in the US have definitely different approaches and attitudes when it comes to cryptocurrencies. Some US states, like New York, for example, are very pro-crypto, introducing legislations and initiatives to promote the use of cryptocurrencies. Other states, like Ohio, are already accepting Bitcoin for certain tax payments. The latest example of a…
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As of today, there are around 4,200 Bitcoin ATMs, which are placed in more than 75 countries around the world. Now, the first Bitcoin ATM in Venezuela is to be launched within the next 2 weeks. The news reportedly comes from the CEO of Cryptobuyer, Jorge Farias. Cryptobuyer is a company that helps people get…
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it's staggering to actually realize the magnitude of ICOs, especially when it comes to the actual amount of printed money that resulted from the creation of initial coin offerings. According to a research by TokenAnalyst.io, around $13 billion have been made as a result of ICOs. This sum is for the period 2017 - 2018.…
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Coinbase is poised to revolutionize its own business model; from expanding its portfolio of alt coins to making interesting, strategic acquisitions. The most recent one is an Andreessen Horowitz-backed startup acquisition. The startup in question is called Blockspring. The company makes tools for managing and collecting data from APIs. While the deal's value has not…
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Ford is going to implement blockchain to keep record of cobalt suppliers in the Democratic Republic of Congo, as reported by Telegraph. Cobalt is the major metal used for the construction of batteries for electric vehicles. The proper quantity of metal supplied will be traced by a blockchain pilot program, launched by Ford, LG Chem,…
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One of the top cryptocurrency exchanges in the world, Bittrex, has recently rolled out an OTC trading desk with 200 cryptocurrencies. This means that the execution of block transactions will be possible for various fiat/crypto pairs. The cryptocurrencies that will be supported with the new service are all offered by Bittrex. According to the exchange,…
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