Category: Cryptocurrency

Shyft rolls out TestNet
August 17, 2018 BY Valentina Kirilova

Shyft rolls out TestNet

Shyft, a blockchain-based solution that is building a trusted ecosystem to enable secure and private data transfers, has announced its first group of companies that have signed an expression of interest to become Trust Anchors, including EnStream, BDO, Paysafe Group Plc (LON:PAYS), Polymath, and Aion, with more than one billion data points across key sectors…

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August 16, 2018 BY Mariela Naydenova

Venezuela - no water, no food, but with the Petro - the oil-backed official cryptocurrency

Venezuela is struggling very hard at the moment, experiencing both economic and political meltdowns. Amidst a crisis that is "living" among Venezuelans in so many ways, including their daily and social lives, the Venezuelan government has introduced its second official cryptocurrency, in addition to the bolivar fuerte, the petro - an oil-backed cryptocurrency. While Venezuela…

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August 16, 2018 BY Valentina Kirilova

Archax teams up with Custom House for KYC & AML checks

Archax, the upcoming institutional-grade crypto exchange, has announced that it has partnered with Custom House Global Fund Services to perform Know Your Customer (KYC) and Anti Money Laundering (AML) checks on firms and professional investors wishing to join and trade on the Archax exchange. These checks will also be performed on all entities wishing to…

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xunlei
August 16, 2018 BY LeapRate Staff

Blockchain and cloud spike Xunlei Q2 results

Cloud and blockchain company Xunlei this week announced its financial results for the second quarter of 2018. The company made nearly US $66 million in revenue, an over 70% year-on-year increase. Xunlei attributes its solid performance thus far to having diversified its business offerings in recent years, especially around cloud and blockchain solutions. Originally known…

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fma warning
August 16, 2018 BY Valentina Kirilova

New Zealand FMA warns against bitcoin broker USI-Tech

The Financial Markets Authority (FMA) has just issued a warning against a bitcoin broker called USI-Tech. USI-Tech Website: https://usitech-int.com/ Reason for warning: USI-Tech is not registered on the Financial Service Providers Register to provide financial services in New Zealand. FMA considers that the operations of the entity bear the hallmarks of a scam, therefore strongly…

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Huobi DM volumes
August 16, 2018 BY Valentina Kirilova

Cryptocurrency trading platform Huobi joins GLASS network and invests in SharesPost

SharesPost, a provider of liquidity solutions to the private growth asset class, has announced that Huobi, China’s largest cryptocurrency and blockchain token exchange and second largest worldwide, has joined the Global Liquidity and Settlement System network (GLASS). When GLASS becomes operational, Huobi will be able to settle secondary trades of digital securities by U.S. investors…

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August 16, 2018 BY Valentina Kirilova

Robinhood equity token goes live for funding on Swarm

Swarm, the blockchain for private equity, has announced that pre-funding of the Robinhood Equity Token (RHET) is now live on the Swarm platform. Starting today, accredited investors can reserve their stake in a fund created for the purpose of holding equity in Robinhood. The first security token of its kind, once the minimum funding goal…

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August 16, 2018 BY Mariela Naydenova

AT&T gets a $224 million-lawsuit from an angry Bitcoin investor

The world's largest telecommunications companies in the world, AT&T, is getting a lawsuit for $224 million-suit form a Bitcoin investor, according to whom, he lost a considerable amount of money due to AT&T's negligence. Michael Terpin is now suing AT&T for $24 million, because, in his, opinion, the mobile provider has "allowed" a hacker to…

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August 15, 2018 BY Mariela Naydenova

The Caribbean Islands with state-owned digital coin

Bitt Inc. is a fintech company based in the Caribbean Islands, in Barbados, that uses blockchain to aid P2P payments via mobile applications. The company has recently signed a Memorandum of Understanding with the Central Bank in the Caribbean Islands or CBCS (Central Bank of Curacao and Sint Maarten) for the development of a government-owned…

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