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Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day

Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day

Grayscale Investments CEO Barry Silbert has announced a breathtaking increase of $300 million in AUM after a single day this week as Bitcoin went on its $13K bull run.

Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China

Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China

Chinese state media has reported that Binance is still supporting local users trading cryptocurrency, despite China banning all exchanges in 2017.

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.

Indian State to Generate 20,000 Blockchain Professionals by 2021

Indian State to Generate 20,000 Blockchain Professionals by 2021

Kerala, a southwestern Indian state, seeks to churn out 20,000 blockchain experts in the next two years. This development is expected to revolutionize the blockchain space in India.

Zambia SEC Warns Crypto Enthusiasts About Making Investments in Onyxcoin Cryptocurrency

Zambia SEC Warns Crypto Enthusiasts About Making Investments in Onyxcoin Cryptocurrency

The Securities and Exchange Commission in Zambia has issued a statement warning the general public that the creator of OnyxCoin Kwakoo is in no way a licensed investment advisor and should not solicit funds from within or outside the country. The CEO of the commission was reported to have made this statement.

Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets

Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets

Grayscale Investments has joined other exchanges and funds in removing its support of Ripple’s XRP token.

Indian State Eyes Blockchain Technology to Facilitate Remote Voting

Indian State Eyes Blockchain Technology to Facilitate Remote Voting

The government of Telangana, a southern Indian state, is moving forward with its objective of making the voting process seamless and trustworthy with the help of blockchain technology.

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

eToro has unveiled a new insurance plan that will cover up to 1 million euro for customers, but cryptoassets are excluded from the policy.

With 245 Investments and Financing Deals in Blockchain, Will China Carry on Its Expenditure in the Future?

With 245 Investments and Financing Deals in Blockchain, Will China Carry on Its Expenditure in the Future?

Xinhua reports that there is a 40% decline in Chinese investment and financial deals within blockchain technology

Consol Freight CEO talks crypto, fiat investments and protestors at Malta AI and Blockchain Summit

Consol Freight CEO talks crypto, fiat investments and protestors at Malta AI and Blockchain Summit

Ernesto Vila, CEO of Consol Freight, presented at the November 2019 Malta AI and Blockchain Summit where he was tasked with commenting on the statup investor landscape and questioned if the blockchain sector was different from traditional tech.

Cambodia Officially Launches Its State-Backed Digital Currency “Bakong”

Cambodia Officially Launches Its State-Backed Digital Currency “Bakong”

The National Bank of Cambodia has announced an official launch of a national digital currency that would operate via smartphone apps.

Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report

Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report

Auditing firm KPMG has recently published its 2020 Global Emerging Technology Survey Report that identified a decline in investments into blockchain technology because of the coronavirus pandemic. However, the study predicts that the sector would be one of the industries, which would probably obtain the highest amount of investment in the next 12 months.

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