Tag: crypto-currency
NEW YORK (Reuters) – U.S. investors including Digital Currency Group have taken part in a pre-sale of basecoin, a crypto-currency to be created by three Princeton University computer science graduates, Intangible Labs CEO and co-founder Nader Al-Naji said. The other investors in Intangible Labs’ basecoin include Bain Capital Ventures, Andreessen Horowitz, and AngelList CEO Naval […]
BEIJING (Reuters) – China is poised to further tighten rules on virtual currencies after regulators on Monday banned virtual coin fundraising schemes, Chinese financial news outlet Yicai reported citing sources. China banned and deemed illegal the practice of raising funds through launches of token-based digital currencies, targeting so-called initial coin offerings (ICO) in a market […]
LONDON (Reuters) – Big names from the worlds of finance and technology such as Deutsche Boerse, JP Morgan, Cisco and IBM have come together to work on an open-source framework for using the “blockchain” technology that underpins the web-based cryptocurrency bitcoin. The new technology works as a huge, decentralized ledger of every bitcoin transaction ever […]
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