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Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme

An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

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.

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs

In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.

Ripple CEO Reveals Missing Key Factor for Crypto and XRP to Be the Infrastructure of the Next Global Financial System

Ripple CEO Reveals Missing Key Factor for Crypto and XRP to Be the Infrastructure of the Next Global Financial System

Ripple CEO Brad Garlinghouse explained what was crucial in the cryptocurrency sector for it to be revamped and integrated into the next global financial system.

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

US House of Representatives Passes Blockchain Innovation Act On to the Senate

US House of Representatives Passes Blockchain Innovation Act On to the Senate

Two bills introduced by Rep Darren Soto—the Digital Taxonomy Act and the Blockchain Innovation Act—have passed the Lower House and are on their way to the Senate.

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

Chinese tech giant Tencent Holdings, the owner of China’s messaging platform WeChat has announced that the company will be investing 500 billion yuan ($70 billion) in the next five years in emerging technologies including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity. Tencent is aiming to strengthen the development of FinTech in China, following the push of accelerating the development of blockchain as stated by the country’s President Xi Jinping.

Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading

Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading

Grayscale Investments, the American-based crypto management fund, announced a plan to launch its diversified crypto investment system for trading. This investment product is known as Grayscale Digital Large Cap Fund (GDLCF), and trading will begin in no distant time with access to US securities.

Goldman Sachs Tells Investors Bitcoin Not Worthy of Investment

Goldman Sachs Tells Investors Bitcoin Not Worthy of Investment

The recent announcement that Goldman Sachs would be holding an investor conference call event to further discuss inflation, gold, and Bitcoin had captured the attention of the entire cryptocurrency industry. The investment bank called investors to discuss the “US Economic Outlook & Implications of Current Policies for Inflation, Gold, And Bitcoin”.

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

In the first-ever Blockchain Service Network Partner Conference hosted by the National Information Center and Hangzhou Municipal People's Government in China, it was announced that cryptocurrency exchange Huobi has joined the Blockchain Services Network (BSN), an alliance initiated by the State Information Center (SIC).

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