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Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product

Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product

Ahead of Bitcoin’s much-awaited halving event on May 12, a group of miners alleged Bitmain’s latest “Antminer” deliveries were defective and led to losses for investors.

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.

How Can IBM’s Blockchain Network Support $2 Trillion in Product Logistics by 2023?

How Can IBM’s Blockchain Network Support $2 Trillion in Product Logistics by 2023?

IBM Blockchain has been around for several years, delivering on blockchain projects for enterprises in areas such as trade finance, securities, payments and supply chain traceability, as well as establishing new platforms for businesses and improving efficiencies in existing industries. Alan Lim, one of the initial members of the IBM Worldwide Blockchain team, heads IBM Blockchain Labs in the Asia Pacific. Lim kicked off his journey in blockchain as he was curious about how blockchain was being used in solving some real-world challenges.

Two US Nationals Charged With SIM-Swap Cryptocurrency Theft

Two US Nationals Charged With SIM-Swap Cryptocurrency Theft

Federal prosecutors have charged two US citizens with a SIM swap and phishing scam that led to a theft of over $16,000 worth of cryptocurrency.

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.

Fusion Hacked? CEO Says That 10M FSN Tokens are Gone

Fusion Hacked? CEO Says That 10M FSN Tokens are Gone

The blockchain-based financial platform, Fusion Network has announced a compromised wallet on Sept. 28. The Fusion swap wallet compromise resulted in a theft of 10 million native FSN tokens.

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.

Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin

Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin

Grayscale Investments has expanded its product line by launching new investment trusts including Chainlink, Filecoin, and Basic Attention Token.

Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds, a global crypto asset management firm, has said it will issue an Exchange Traded Note (ETN) for Bitcoin of up to 100,000,000 Notes, tracking the NYSE Bitcoin Index (Ticker: NYXBT). The Notes may be subscribed to by qualified investors with both EUR and BTC, with a minimum subscription size of 100,000 Notes and an issue price of €1,00 per Note. Iconic Funds will apply for admission to trading of the Notes on the regulated market of the Luxembourg and Frankfurt Stock Exchanges in Q4 2019. The Notes will have a German ISIN.

CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US

CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US

Equities market operator, CBOE global markets, has submitted a filing proposal to the SEC to list and trade shares of VanEck’s Bitcoin Exchange Traded Fund (ETF).

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.

Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking&Banking Digital Transformation Congress 2020 will be held on September 24-25 in Shanghai with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial bank, and foreign bank, etc. The congress will mainly discuss how iABCD empower retail, micro and corporate finance from perspectives of policy transmission, ecological construction, cultural innovation, business model innovation, product innovation, risk management, marketing, and the user experience, etc.

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