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Tron Now Owns A Stake In BitTorrent Founder’s New Crypto Project

Tron Now Owns a Stake In BitTorrent Founder’s New Crypto Project

When BitTorrent sold to the founder of controversial crypto startup Tron, it wasn't just one of web 2.0's earliest and most prestigious startups that changed hands. It turns out, the peer-to-peer sharing company now owned by Tron founder Justin Sun also took a small stake in Chia Network, a soon-to-be-launched cryptocurrency protocol helmed by BitTorrent…
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Moscow’s Government To Use Ethereum To Promote Transparency In Commerce

Moscow’s Government to Use Ethereum to Promote Transparency In Commerce

Moscow's government is planning to use ethereum as part of a system for allotting trading spots during weekend farmers markets. The system will record applications submitted by farmers, who compete for a limited number of commercial plots. Some 15,000 trading spots are up for grabs, with the market season stretching between April 20 and November…
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Three Crypto Firms Ordered To Show Cause By Colorado State Securities Commissioner

Three Crypto Firms Ordered to Show Cause by Colorado State Securities Commissioner

Colorado Securities Commissioner Gerald Rome has ordered three crypto firms alleged of promoting unregistered Initial Coin Offerings (ICOs) to show cause, according to a press release August 28. An order to show cause is a court order that compels a party or individual in a case to justify, prove, or explain something in court. The…
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Report: Some Crypto Mining Apps Remain In Google Play Store Despite Recent Ban

Report: Some Crypto Mining Apps Remain in Google Play Store Despite Recent Ban

According to a report by the Next Web published on August 28, several cryptocurrency mining apps remain in the Google Play Store despite the ban. On July 27, Google banned crypto-mining apps from its Play Store. An update to Google’s developer policy read that "we don't allow apps that mine cryptocurrency on devices." The company…
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The Associated Press Partners With Blockchain-Based Journalism Firm

The Associated Press Partners With Blockchain-Based Journalism Firm

The Associated Press (AP) news agency has inked a content licensing partnership with blockchain-based startup Civil, according to an official announcement Tuesday, August 28. AP is reportedly interested in exploring ways to secure intellectual property rights, support ethical journalism, and track content usage with blockchain technology. As part of the project, AP will deliver its…
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Coinbase Research: 42% Of Top 50 Universities Offer At Least One Crypto-Related Class

Coinbase Research: 42% of Top 50 Universities Offer at Least One Crypto-Related Class

A recent study by the U.S. crypto exchange Coinbase has shown that 42 percent of the world’s top 50 universities have at least one class on cryptocurrencies or blockchain. The results of the study were published on Coinbase’s official blog Tuesday, August 28. The research was jointly conducted by Coinbase and survey company Qriously. Together…
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Lloyd’s Of London To Insure Custody Platform For Digital Currency

Lloyd’s Of London to Insure Custody Platform for Digital Currency

U.K. insurance market leader Lloyd’s of London will insure a crypto custody platform by U.S.-based custodial firm Kingdom Trust, according to a press release published August 28. Founded in 1686, Lloyd’s of London is a British insurance firm that is active in over 200 countries. The company reportedly paid claims in the amount of £68…
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Venezuela’s Maduro Orders Banks To Adopt Petro Cryptocurrency

Venezuela’s Maduro Orders Banks to Adopt Petro Cryptocurrency

Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account. Wire services AFP reported Tuesday that "all financial information" must be denominated in both the bolivar – Venezuela's official currency – as well as the petro, which was controversially unveiled in December. Maduro's government has claimed, without evidence,…
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‘Operation Cryptosweep’ Results In 200 Crypto-Related Investigations

‘Operation Cryptosweep’ Results in 200 Crypto-Related Investigations

The North American Securities Administrators Association (NASAA) announced today, August 28, that its ongoing initiative “Operation Cryptosweep” has resulted in over 200 investigations of Initial Coin Offerings (ICOs) and crypto-related investment products. State and provincial securities regulators in the U.S. and Canada launched probes into potentially fraudulent crypto investment programs as part of the NASAA’s…
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