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Cartoon: Driving Sheep

Cartoon: Driving Sheep

Industry regulators are finally catching up with blockchain companies that have dubiously defined their tokens as "utilities" (therefore avoiding the strict issuing and management requirements of "securities"). The U.S. Securities and Exchange Commission has publicly brought a number of enforcement actions against over 20 such companies and individuals, which is encouraging the rest of the…
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Cryptopia Turns To A U.S. Court For Account Holder Data Protection

Cryptopia Turns to a U.S. Court for Account Holder Data Protection

In the latest development over its security breach, cryptocurrency exchange Cryptopia has filed for bankruptcy protection in the U.S. The New Zealand-based exchange, which has been dealing with the fallout of a January 2019 hack, went into liquidation and stopped all trading earlier this month. Cryptopia's assigned liquidator, Grant Thornton, then petitioned the Southern District…
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Tezos Is About To Enact Its First-Ever On-Chain Blockchain Update

Tezos Is About to Enact Its First-Ever On-Chain Blockchain Update

After nearly three months of voting by token holders, the Tezos blockchain will undertake a series of backwards-incompatible changes to the network on Wednesday. Called Athens A, the upgrade proposal was the first to undergo the network’s “self-amendment” process in which bakers on Tezos – equivalent to miners on bitcoin or ethereum – stake tokens…
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IBM, Maersk Finally Sign Up 2 Big Carriers For Shipping Blockchain

IBM, Maersk Finally Sign Up 2 Big Carriers for Shipping Blockchain

news Shipping blockchain TradeLens, developed by IBM and Maersk, has finally recruited two major marine cargo carriers to the platform after its early marketing efforts floundered. The new additions are Mediterranean Shipping Company (MSC), the second largest after Maersk; and CMA-CGM, the fourth largest in terms of cargo carrying capacity. MSC and CMA-CGM join other…
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