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Wilshire Phoenix’s Bitcoin Trust Product Checks all the Regulatory Boxes

BTC Emerging from the Clouds in Heaven

In an interview with BTCManager, the CEO of the New York-based investment firm Wilshire Phoenix Funds LLC. said that their United States Bitcoin and Treasury Investment Trust product is one of the most promising yet. Alongside the rise and fall of the BitWise and VanEck Bitcoin derivative offerings, William Herrmann thinks his team have the

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Amazon Customers to Make Purchases with Ether (ETH) Thanks to Startup Partnership

Ethereum Electric Charge Blue

In a press release issued on June 13, 2019, crypto payments firm CLIC Technology Inc. announced a partnership with B2B blockchain infrastructure company Opporty to jointly develop an in-browser extension that would enable customers to make purchases from Amazon with the ether (ETH) cryptocurrency. Make Purchases from Amazon with ETH Amazon customers will soon be

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Nevada Governor Signs Multiple Blockchain-Focused Bills

Hands Sifting through a Stack of Papers

Nevada has passed several distributed ledger technology (DLT) related bills to boost blockchain investment in the state. This according to a report by Coindesk, published June 14, 2019. Establishing a Fintech-Focused Regulatory Sandbox In a bid to create a conducive environment for blockchain businesses, the state of Nevada has passed many significant bills that are

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Facebook’s Crypto Project Gets Major Backing from Dozens of Industry Heavyweights

Facebook Coin Surrounded by Black Hands

Cryptocurrency media outlet The Block on June 14, 2019, revealed the complete list of stakeholders of Facebook’s high-profile digital currency project. Heavyweights Behind the Libra Project According to the report, a number of corporate titans from various industries are part of the governing association of Facebook’s cryptocurrency. The consortium, dubbed “Libra Association” will oversee the

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IBM, Walmart, KPMG, and Merck Join Forces to Track Drug Supply

Burger and Pills Near Blockchain Blocks

The Food and Drug Administration (FDA) launched a pilot blockchain-based program to help track pharmaceuticals from manufacturer to consumer. IBM, Walmart, KPMG, and Merck are the companies involved in the project according to a Reuters report from June 13, 2019.  Compliant Drug Supply Chain from Industry Heads The companies have been carefully chosen based on

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Google Expands Cloud Services by Integrating Smart Contract Platform Chainlink

Google Expands Cloud Services by Integrating Smart Contract Platform Chainlink Image

Google is expanding its cloud services by integrating the cryptocurrency Chainlink (LINK). This partnership will allow Ethereum programmers using Google software to integrate data from sources outside the blockchain.  Google Bags an Oracle In a post dated June 13, 2019, Google has officially announced the launch of its partnership with Chainlink, a startup that looks

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Europol to Use Gamification to Tackle Cryptocurrency-Related Crimes

Wanted Poster Four Members Hackers Bitcoin Fraud

The law enforcement agency of the European Union, Europol, revealed at a recent cryptocurrency conference that it was developing a cryptocurrency game that would train law enforcement agencies on how to trace and investigate virtual currency-related crimes. According to a press release on June 14, 2019, the agency and stakeholders in the digital currency sector met

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Blockchain Firms Tackling Plastic Pollution with Cryptocurrency

Person Picking up Trash on a Beach

Bounties Network, an Ethereum-powered platform that claims to make it possible for people to collaboratively execute tasks and get paid in ether (ETH), has launched a plastic waste eradication program in the Philippines’ Manila Bay beach, according to a BBC report on June 13, 2019. Crowdsourcing Waste Management Manila Bay beach, a beach nicknamed “toilet

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Facebook’s Crypto Backed by Visa, PayPal, and Uber; Whitepaper Due in Days

Zuckerberg, Facebook, Coin Blue

In the lead up to Facebook’s official cryptocurrency reveal, the social media titan has signed up gigantic backers for its “Project Libra” as well hiring senior UK bank lobbyist, Ed Bowels. This, according to reports from The Wall Street Journal (WSJ) on June 13, 2019, and the Financial Times. In addition, a recent report from CNBC

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Exchanging of Favors: Bitfinex and OKEx Mutually List Native Tokens

Exchanging of Favors: Bitfinex and OKEx Mutually List Native Tokens

OKEx announced on June 12, 2019, the listing of its native token OKB on cryptoexchange Bitfinex, along with USDK, a stablecoin co-developed by OKLink and Prime Trust. The two new entries to the Bitfinex roster will offer 9 new pairs, which officially opens nine new trading at 10:00 am (UTC) on June 13, 2019. Bitfinex

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