Former Trump Advisor Gary Cohn Joins Blockchain Startup

Former Trump Advisor Gary Cohn Joins Blockchain Startup Gary Cohn, a former chief economic advisor to U.S. President Donald Trump, has just joined a blockchain startup. Spring Labs, a firm developing a blockchain network for sharing financial data, said in a press release Friday that Cohn, who was also previously president and chief operating officer of Goldman Sachs,…

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Coinbase Confirms Shutdown of Crypto Index Fund Product

Coinbase Confirms Shutdown of Crypto Index Fund Product Crypto exchange Coinbase is shutting down its institutional-investor focused index fund product, a spokesperson told CoinDesk. A Coinbase spokesperson told CoinDesk that the Coinbase Index Fund – first launched earlier this year – will be formally closed by the end of the month, with customers instead directed to the…

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Microsoft Is Pushing New Blockchain ID Products (But There’s Pushback, Too)

Microsoft Is Pushing New Blockchain ID Products (But There’s Pushback, Too) Microsoft is moving to turn blockchain-based decentralized identityfrom a lofty aspiration into a business line. In a white paper posted this week, the software giant says it intends to develop two products designed to give consumers greater control of their personal data – long the Holy Grail of many…

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Crypto Defender Spars With Famed Critic During US Senate Hearing

Crypto Defender Spars With Famed Critic During US Senate Hearing Advocacy versus skepticism. “Dr. Doom” versus “Captain Coin.” Whatever you want to call it, two divergent viewpoints on the topic of cryptocurrency collided before a group of U.S senators on Thursday. Economist Nouriel Roubini – famous for predicting the 2008 financial crisis testified about the…

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TRON’s CEO Tweets of Forthcoming Partnership With ‘Industry Giant’ Valued at ‘$10s of Billions’

TRON’s CEO Tweets of Forthcoming Partnership With ‘Industry Giant’ Valued at ‘$10s of Billions’ Justin Sun, CEO of decentralized internet startup TRON, has hinted at a forthcoming partnership with an unknown firm valued at “tens of billions of dollars.” The tweet, posted Friday, Oct. 12, gives little information, stating that: “Finally, First time to partner with tens of…

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Winklevoss Twins’ Gemini Crypto Exchange Gets Regulatory Green Light for Litecoin Trading

Winklevoss Twins’ Gemini Crypto Exchange Gets Regulatory Green Light for Litecoin Trading U.S.-based cryptocurrency exchange Gemini, owned by the Winklevoss twins, has sealed regulatory approval to add Litecoin (LTC) custody and trading. The news comes from an official Medium blog post published Friday, Oct. 12. Gemini’s vice president of engineering, Eric Winer, informs Gemini traders that they can begin depositing Litecoin…

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Report: SEC Expands Crackdown on ICOs, Regulatory Ambiguity Remains

Report: SEC Expands Crackdown on ICOs, Regulatory Ambiguity Remains The U.S. Securities and Exchange Commission (SEC) has expanded its crackdown on Initial Coin Offerings (ICOs), putting “hundreds” of projects at risk, according to a recent joint investigation by Yahoo Finance and Decrypt Media published, Oct. 10. The authors of the report stressed that hundreds of crypto and blockchainstartups that conducted token sales have eventually…

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These Tokens are the Worst Performing Cryptos in 2018: Factors and Trends

These Tokens are the Worst Performing Cryptos in 2018: Factors and Trends Investment consultation firm Pension Partners released an index listing the worst performing cryptocurrencies in 2018. Qtum, a cryptocurrency-backed hybrid blockchain platform, suffered a maximum 93.9 percent loss by Q3 2018. A high marketing pitch, which projected Qtum as the best of both blockchain and mainstream…

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