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Genesis Global Lends $553 Million In Crypto Assets, Institutional Space Booming

Even in the thick of 2018’s crypto bear market, a related subsector has seen an unprecedented boom, with institutions throwing millions of dollars at a well-recognized over-the-counter (OTC) player in the cryptocurrency market. Institutions Borrow $553 Million In Crypto In 6 Months Per a brief report from New York-based Genesis Global Capital, titled “2018 Q3 Digital...

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Demand for Blockchain and Cryptocurrency Talent Booms, Signals Maturing Market

As the blockchain and cryptocurrency industry continues its rapid growth and widespread adoption, companies are offering experienced workers significantly higher-than-average salaries, signaling that the industry is maturing despite the current bear market and low market sentiment. A recent report from Glassdoor found that new job positions within the blockchain industry are up 300% over a one-year...

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Tron Rumors Confirmed: The Mysterious “Partner” is Chinese Giant Baidu

Last Friday, Justin Sun, the founder of the Tron cryptocurrency, published a statement that sparked discussions and speculation in the entire crypto community. The announcement stated that Tron is working on a partnership with a tens of billions of dollars worth industry giant. Finally, First time to partner with tens of billions USD valuation industry...

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“Perfect Use”: Canadian Crypto Startup Puts Marijuana On Blockchain

Capitalizing on Canada’s formal legalization of marijuana and weed-related products for recreational use, a fintech company situated in the US’ northern neighbor has revealed plans to track cannabis through a blockchain-based solution. “The Perfect Use For Blockchain Technology” On October 17th, Canada became the western world’s first country to legalize the recreational use of marijuana in...

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Chinese Crypto Currency Exchange BTCC Expands Into South Korea

New reports from China indicate that the country’s first cryptocurrency exchange, previously known as BTC China, plans to expand their services to Korea. The reports claim that the move is scheduled for October 31, 2018. BTCC is an old crypto exchange, which was launched as far back as in 2011. Since then, it grew to...

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In-Game Items Monetization Service DMarket Opens London Office

DMarket, an in-game items monetization service powered by blockchain, has opened an office in London. This is the company’s third international base. The London office comes in addition to offices in Santa Monica, USA, and Kyiv, Ukraine. The news comes simultaneously with the start of DMarket platform localization into different languages. The service is already...

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The $152 Million Lawsuit over Blockchain Betting Startup Augur is Settled

In April, a blockchain entrepreneur has surprised the space by launching a savage legal attack on his four associates, alleging that all of them committed acts of fraud, breach of contract and trade theft. The allegation resulted in a $152 million lawsuit, the most expensive claim the cryptocurrency space had seen, even until this very...

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Ex-CFTC Chair: Regulation Creates Confidence Needed for Broad Crypto Adoption

The former chairman of the CFTC believes that the U.S. government policy makers need to take a technology neutral stance on blockchain, but says that regulation is necessary on its application to protect investors and help crypto reach widespread adoption. Gary Gensler Speaks on Bitcoin, Blockchain, and Future Regulation While pundits like financial analyst Nouriel...

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Europe Surpasses US and Asia in Cryptocurrency Token Sales

Europe is rapidly becoming the world’s cryptocurrency hub, with a significant amount of EUR funding being directed into cryptocurrency projects. So far this year, the value of token sales in Europe is close to exceeding that of Asia and the U.S. combined. Fabric Ventures, a venture capital fund investing in blockchain and decentralized network projects,...

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Bithumb Launches New DEX with No Transaction Fees and Airdrop Event

Bithumb, South Korea’s second largest cryptocurrency exchange officially launched its Decentralised Exchange (DEX) on October 15 and marked the occasion with two events – free transaction fee event and an Airdrop event, the details of which have been published on the company website. No Transaction fee period and Airdrop event The Free Transaction Fee event...

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