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Following $120 Million Funding Round, Waves Token Price Jumps Over 30%

Global blockchain platform Waves raised $120 million in a private funding round for its new project called Vostok. Global blockchain platform Waves has raised $120 million in a private funding round for its new project called Vostok, according to an official blog post published Dec. 19. The Vostok project is a “universal blockchain solution” that […]

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Europe Takes Serious Steps Towards Blockchain Adoption

After months of monitoring and observing the potential of blockchain, EU is finally making a turn into it After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry. How it all started Back in February 2018, […]

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Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG

The cantonal court of Zug, Switzerland has reportedly shut down and ordered the liquidation of mining firm Envion AG, that uses clean energy to mine cryptocurrency. The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov. […]

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BBVA and Santander Join EU Joint Blockchain Platform Set to Launch in 2019

Major Spanish banks BBVA and Santander have joined the launch of the E.U. International Association for Trusted Blockchain Applications. Banking groups BBVA and Banco Santander have joined the E.U. International Association for Trusted Blockchain Applications (IATBA), Spanish economic newspaper Expansion writes Nov. 20. The representatives of two Spanish banking groups were invited to an E.U. […]

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Italian Securities Watchdog Orders Unauthorized Crypto Companies to Cease and Desist

Italian securities watchdog CONSOB has ordered cease and desist orders on several crypto-related firms for offering unauthorized financial services. The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered three crypto-related companies providing unauthorized investment services to cease and desist, an official release states Monday, Nov. 19. The first company, a trading platform […]

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VeChain Signs MoU for Blockchain Development with Cyprus

The Cypriot government has signed an MoU with blockchain startup VeChain through its national investment partner Invest Cyprus for developing the blockchain industry in the country. Singapore-based blockchain platform VeChain Foundation, U.S. blockchain startup CREAM, and the national investment partner of the Republic of Cyprus, Invest Cyprus, have signed a Memorandum of Understanding (MoU), per […]

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Coinbase Opens Office in Ireland as Part of Brexit Contingency Plan

Cryptocurrency exchange Coinbase has opened an office in Dublin in the face of Brexit. San Francisco-based cryptocurrency exchange Coinbase has opened a new office in Dublin, Ireland, according to an announcement published Oct. 15. In addition to helping expand its operations in Europe, the new Irish offices are reportedly part of a contingency plan for […]

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DLT in Migration Policy: How Blockchain Can Help Both Refugees and Host Nations

George Soros and the United Nations are already into it As the United Nations Refugee Agency warned in the first days of September, the death rate for refugees attempting to reach Europe has risen. That sounds even more cruel considering that the numbers trying to make the crossing has fallen. For every 18 people crossing […]

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World Economic Forum Outlines Over 65 Blockchain Use Cases for Environmental Protection

The World Economic Forum has outlined more than 65 blockchain use cases for environmental protection in a recent report. The World Economic Forum (WEF) foundation has outlined more than 65 blockchain use cases for solving the “most pressing” environmental challenges, in a report published September 14. In the report, titled “Building Block(chain)s for a Better […]

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Energy Firm ENGIE Partners With Consulting Firm to Create Blockchain Software Offering

French energy group ENGIE has teamed up with consulting firm Maltem to establish a blockchain software offering geared toward commercial clients. French electric utility company ENGIE and consulting firm Maltem Consulting Group have jointly established a blockchain development firm designed for commercial customers, according to a press release published September 7. The new project called […]