Department of Energy Funds $5 Million for Blockchain Research

The United States Department of Energy has announced on January 7, 2018, that it has allocated $4.8 million dedicated specifically to research and development of four areas of which Cybersecure Sensors for Fossil Power Generation includes the application of blockchain.  DOE Plans to use Blockchain The funding aims to “develop the next generation of science and engineering…

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Israeli Firm Launches Three Cryptocurrency Investment Funds

An Israeli investment firm has launched two cryptocurrency funds, with a third on the way. The company’s CEO explained the funds’ three investment strategies to news.Bitcoin.com. These funds are Cayman Islands-registered, available to institutional and accredited investors. Three Funds, Investment Strategies Cryptocurrency investment firm Silver Castle has launched two cryptocurrency funds with another on the way….

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Swiss Crypto Exchange-Traded Product Launching Nov. 21, but It’s Not an ETF

New.Bitcoin.com has confirmed that the exchange-traded product tracking an index of five leading cryptocurrencies will start trading on Switzerland’s principal stock exchange on Nov. 21. The exchange has also confirmed that this product is not an exchange-traded fund (ETF). The country’s financial regulator, Finma, explains the differences. Differences Between ETPs and ETFs The news of…

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Ripple Blockchain Powered Products Enhances XRP performance in Funds Transfer, with Fastest and Lowest Rate

Ripple’s token XRP is gaining much attention and more favorable user experience. Its performance has been rated higher than other cryptos in terms of funds movement. Ripple’s technology enables huge cross-border and cross-currency transactions with blockchain technology. It allows quicker settlement of huge transactions at a minimal cost. And this can be made possible through…

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ShapeShift CEO strikes back at WSJ, says they prevented victims of scams from recouping funds

Recently, the Wall Street Journal published an article about ShapeShift being used by criminals to carry out money laundering activities. The CEO of ShapeShift, Erik Vorhees, responded to the article, stating that it was riddled with “factual inaccuracies”. He also stated that the report withheld information about suspicious wallet addresses, causing individuals to have difficulties…

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Russian Industry Association Launching Crypto Certification Program

The Russian crypto industry association is launching a crypto certification program. Applicants will be evaluated and issued a certificate showing their competency level which can be verified on the association’s website. Training will be offered to those that do not score the required number of points. Crypto Certification Program The Russian Association of Cryptoindustry and…

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“XRP is a fantastic currency to use for hedge funds”, says Arrington XRP Capital Founder

In a recent discussion with Ripple CEO Brad Garlinghouse and host Mike Butcher at the Techcrunch’s Disrupt conference in San Francisco, Michael Arrington, Founder of newly launched Arrington XRP Capital, said that he sought advice from Garlinghouse before formulating his new crypto fund. During the discussion when Arrington was asked about why he chose XRP for his new…

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Northern Trust Assisting Hedge Funds in "Diversifying Their Portfolios with Cryptocurrency"

One of the oldest bank in America with one trillion dollars worth of assets under management that caters to corporations, institutional investors, and high net worth individuals, is assisting hedge funds that are diversifying into crypto investments. According to an interview with Forbes, the president of Northern Trust’s corporate and institutional services, Pete Cherecwich, says they…

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Research Finds Number of Crypto Funds has Exceeded 300

According to analytics firm Autonomous Next, the number of active crypto funds has reached 312 – a 24% increase from the end of 2017. Also Read: You Can Become a Citizen of Antigua and Barbuda for Less Than 13 BTC Number of Active Crypto Funds Reaches 312 The number of cryptocurrency funds has significantly expanded in…

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Bithumb Recovers Nearly Half of its Stolen Funds Thanks to Other Exchanges

Affiliate Program Earn 30% commission for BestRate ICO payment tool sales. Join our referral program now! AdChoices Total Conviction Buy Sign We Think This Total Conviction Stock Could Be Like Buying AMZN for $3.19 OPEN AdChoices As such, the issues faced by the Bithumb exchange earlier this month sparked a heated debate. The company fell…

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Remittance Tips to Consider Before Transferring Funds Overseas

Corporate bank account holders need to make overseas payments on a daily basis, so to keep the cash flow running smoothly, it is crucial to find an efficient method. Digital transfer services are available, which help clients receive or send money instantly. However, the terms and conditions of each funds transfer service provider differ with…

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Cryptocurrency Hedge Funds Invest in Zilliqa, Aelf, ICON, and 0x

Over the past year and a half, there has been a vast increase in the number of hedge funds paying attention to cryptocurrency. As such, a lot of people are wondering which currencies those companies are investing in. The answer will surprise a lot of people, but in a good way. Cryptocurrency Hedge Fund Strategy Whenever…

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UNICEF Turns to Crypto Mining to Raise Funds for its Humanitarian Causes

Do you want to support UNICEF’s goal of making the world a better place for less fortunate kids? Turns out now you can, just by visiting a website and volunteering your computer’s processing power. UNICEF Australia has turned to crypto mining to fund its humanitarian causes, and it’s counting on support from the public. While there have been…

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Cryptocurrency Hedge Funds Witness Poor Performance and Shutterings

The violent crypto bear trend of 2018 has proved too much for many cryptocurrency hedge funds. The average performance of crypto funds has been a loss of over 20% so far this year, with at least nine crypto hedge funds having been reported to have ceased operations. Also Read: Markets Update: Cryptocurrency Prices See Some Slight…

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SEC will check dozens of crypto-currency hedge funds

Crypto-currency hedge funds are the focus of the regulator. The US Securities and Exchange Commission (SEC) will check dozens of hedge funds, crypto-currencies, which are known for their risky trading strategies and higher rates compared to traditional investment funds. Regulators want to make sure that 100 crypt hedge funds provide what they promise investors. Private…

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