Crypto exchange Huobi has completed an acquisition deal to become the largest shareholder of a public firm listed in Hong Kong, inching a step closer to a possible back-door listing. Pantronics Holdings, the acquired firm, released a statement on Aug. 29 that Huobi Group completed the deal by having purchased about...
The EOS value today surged by more than 21 percent as a result of its decision to launch a voting system, totaling the token’s 7-day gains to almost 55 percent. The EOS/USD was trading near 5.3727-fiat at the beginning of the Asian trading session. Helped by the prevailing bullish sentiment...
OpenFinance, a security token trading platform, has launched a regulated alternative trading system (ATS) for security tokens, according to information shared with Cointelegraph August 29. In the U.S. and Canada, an ATS is a non-exchange trading venue that that matches buyers and sellers to find counterparties for transactions. They...
The Brazilian government has reportedly sent the country’s top cryptocurrency exchanges an inquiry in an attempt to know more about their businesses and study their potential use in money laundering. According to a report from local news outlet Portal do Bitcoin, the government has been sending the crypto exchanges a...
The EOS community is once again left looking for solutions now that developers have identified a smart contract bug that allows malicious contract authors to effectively consume network resources owned by other users. EOS Smart Contract Exploit Consumes RAM To reduce spam, EOS requires users to purchase a scarce in-network resource...
Cryptocurrency startup Dfinity has raised another $102 million to fund the development of its “world computer,” bringing its total capital intake to nearly $200 million. Announced on Wednesday, the funding round was led by a16z crypto, Andreessen Horowitz’s dedicated cryptocurrency fund, and crypto hedge fund Polychain Capital. The two firms...
Economic and financial affairs ministers from the European Union’s (E.U.) 28 member states will reportedly hold an informal meeting on the challenges posed by digital assets and the possibility of tightening regulations, Bloomberg reported August 29. According to a draft note seen by Bloomberg, participants will discuss a general...
Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) has announced the formation of a data consortium in partnership with IBM and law firm Herbert Smith Freehills for the purpose of building a groundbreaking large-scale, cross-industry smart contract platform for Australian businesses to collaborate and do business within. Australian National Blockchain The...
Ethereum cofounder Joseph Lubin said on Yahoo Finance’s Final Round August 28, that he doubts manipulation accusations against stablecoin Tether (USDT). Founded in 2014, Tether was “the first” blockchain-powered platform that allows for the tokenization of fiat-backed cryptocurrencies. In June, after the publication of a study conducted by analysts...
The Civil Media Company and The Associated Press (AP) have announced a partnership to license AP news content for use by newsrooms that use Civil. The news was revealed in a blogpost on Civil’s website on Tuesday, August 28. Potential Synergy Between Civil and AP Under the terms of the agreement, AP...