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Dubai’s Blockchain Market to Surpass $118 Million by 2025
Smart Dubai, a government entity established in 2013 to make Dubai a smart city, has revealed that the application of blockchain technologies in the city will increase to Dh437 million, around $118M USD, by 2025 from Dh 35 million, approximately $95M USD, recorded in 2018
Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT
COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.
117 Smuggled Crypto Mining Machines Seized by Iranian Police
The Iranian provincial police had apprehended an individual who was said to be smuggling in cryptocurrency mining machines. This was reported by the local news agency Fars News, on July 31.
Trump Nominates SEC Commissioner Hester Peirce For Second Term
Crypto Mom, Hester Peirce has been nominated for a second term with the U.S. Securities and Exchange Commission (SEC) as one of its five commissioners, until 2025.
US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News
A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.
SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products
The United States Securities and Exchange Commission (SEC) is looking to allow more individuals and entities to participate in private capital markets.
North Korea Is Making Its Own Version of Bitcoin
The hermit state is reportedly in the early stages of creating its own cryptocurrency, Vice News reports.
Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests
A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.
Bitcoin Price to Reach $1 Million in 2025, Raoul Pal Adds One More Zero to His BTC Prediction
Raoul Pal, the CEO of Real Vision Group, and a wall street veteran believes that Bitcoin could hit $1 million by 2025, according to his model.
GameStop, Dogecoin and Crypto: Making Sense of The Wild Current Financial News
I have been watching the exploits of the rag-tag group of Reddit traders who have upended Wall Street's status quo. As an investor, the absurdity of both Wall Street and Reddit is apparent. I will continue to support open and decentralized platforms like Bitcoin. Here is my take on where we go from here.