Sequoia China, Polychain Lead Blockchain Startup's $28 Million Round

Blockchain startup Nervos Network has announced the completion of a $28 million Series A funding round. The company said on Wednesday that major investors in the round included token-focused hedge...
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Democracy of Two: NEO and the Crypto 'Election' That Wasn't

What constitutes an election? According those backing ethereum competitor neo , just one candidate and two voters. The public blockchain project, whose tokens are valued at over $2 billion by...
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3 Signs Bitcoin's Move Above $7K Might Just Hold




The world's largest cryptocurrency by market capitalization exploded in price Tuesday, jumping $600 in 30 minutes to break away from what had been suppressive bear market conditions. But entering Wednesday,...
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Civic Is Turning Identity.com Into a Crypto-Powered Personal Data Market

"I never thought we'd get it." That's Vinny Lingham, co-founder and CEO of the blockchain identity startup Civic, talking about the company's acquisition of "Identity.com" – a fitting web domain...
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What to Expect When Congress Talks Crypto (Twice) Tomorrow

It's a crypto doubleheader on Capitol Hill tomorrow. Two U.S. House of Representatives Committees  will be hosting hearings on Wednesday to look at the topic from two distinct angles. The ...
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Litecoin's Lee: Bank Deal Might Lead to New Crypto Services

Litecoin creator Charlie Lee could be made a board member at the German bank the Litecoin Foundation – the group in which he serves as managing director – recently obtained...
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Above $7K: Bitcoin's Price Shoots Up $600 in 30 Minutes


Bitcoin's price shot well above $7,000 Tuesday in a dramatic move that took the cryptocurrency to a level it hasn't seen in more than a month. As of press time,...
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Mastercard Wins Patent for Speeding Up Crypto Payments

Mastercard won a U.S. patent on Tuesday for a method of speeding up cryptocurrency payments. The document , published July 17 by the U.S. Patent and Trademark Office (USPTO), explains...
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Russian Firm Will Reward Staff With Crypto Tokens Tied to Profits

Qiwi Blockchain Technologies (QBT), a subsidiary of the Russian e-payments firm Qiwi, plans to incentivize staff by rewarding them with a custom token. According to a report from Russian news...
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GMO's New Internet Bank Will Settle Payments With Blockchain

Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments. The firm said in a company notice that it...
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IBM Teams With Columbia to Launch Blockchain Research Center

Technology giant IBM has launched a new research center through a partnership with Columbia University in a move aimed to boost blockchain application development and education initiatives. Opening Tuesday, the...
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IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

The latest attempt to create a cryptocurrency pegged to the U.S. dollar, or "stablecoin," combines 21st-century technology with an invention from the Great Depression. Announced Tuesday, a startup called Stronghold is...
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Banks Take Sides as Blockchain Trade Finance Race Heats Up

Trade finance is possibly the busiest space in enterprise blockchain today. And while the people behind the different platforms may say they're not in competition, that's not how it looks...
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Coinbase Says It Now Has Regulatory Approval to List Security Tokens

U.S. cryptocurrency exchange Coinbase has received regulatory approval to acquire several securities firms – a move that could eventually see it supporting trading in tokens deemed as securities. A spokesperson...
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Bitcoin Price Retakes 50-Day Moving Average in First Since May



Bitcoin (BTC) scaled the crucial 50-day moving average (MA) on Monday for the first time in nearly two months, taking its price above $6,700. The corrective rally picked up the...
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World's First Bank-Backed Crypto Exchange Finally Opens to the Public

The world's first bank-backed cryptocurrency exchange is now open to the public after months of delays. Japanese financial giant SBI Holdings formally launched its in-house crypto trading platform, dubbed VCTRADE, last...
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US Government Backs Decentralized Energy Grid With $1 Million Grant

The U.S. Department of Energy (DoE) has announced it will award a grant of nearly $1 million to a blockchain startup in a move aimed to advance the development of...
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Is Pied Piper Serious? How HBO Inspired Crypto's Most Confounding Coin

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"Hey … this is Craig Wright." It wasn't, but that was far from the strangest part of the conversation. Thus began CoinDesk's attempts to determine the identity and intent of...
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The CFA Exam Is Getting a Crypto Section Next Year

The notoriously difficult Chartered Financial Analyst (CFA) Program exams are about to get that much tougher. Dubbed "the most brutal exam in the world of finance" by Business Insider ,...
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Augur Betting Volumes Just Topped $1 Million (And They're Accelerating)

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Prediction platform Augur is fast attracting fans, at least if new data is any indication. Revealed exclusively to CoinDesk, figures from Predictions.Global, a website that allows users to view Augur markets...
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