Co-Founder Quits Avalon Mining Chip Maker Canaan Over ‘Differences’

Co-Founder Quits Avalon Mining Chip Maker Canaan Over ‘Differences’ One of the three co-founders of Canaan Creative, maker of the Avalon cryptocurrency mining equipment, has stepped down from the Chinese company’s leadership. According to government business registration data updated on Jan. 30, Xiangfu Liu will no longer serve as a board member at the Hangzhou-based Canaan Creative…

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Ripple, Mastercard and Barclays Invest in Ripple-Based Remittance Firm SendFriend

Ripple, Mastercard and Barclays Invest in Ripple-Based Remittance Firm SendFriend Remittance company SendFriend has received investments from Ripple (XRP), the Mastercard Foundation, MIT Media Lab and Barclays in a funding round, according to a press release published on Feb. 11. In the round, the firm raised $1.7 million from investors — also including Techstars, Mahindra Finance, 2020 Ventures…

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Blockchain Intelligence Firm Chainalysis Raises $30 Million From Accel, Others

Blockchain Intelligence Firm Chainalysis Raises $30 Million From Accel, Others New York-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B funding round led by venture capital giant Accel, the company confirmed in a post on Feb. 12. The fresh funding will reportedly be used to expand Chainalysis’ corporate operations, which include a proprietary Know Your…

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Former Mt. Gox CEO Mark Karpeles Rejects Brock Pierce’s Plans to Reboot Exchange

Former Mt. Gox CEO Mark Karpeles Rejects Brock Pierce’s Plans to Reboot Exchange Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has refuted controversial crypto figure Brock Pierce’s claims he can reboot the trading platform and accelerate compensation for Mr. Gox’s creditors. Karpeles made his remarks in private correspondence with Cointelegraph Japanon Feb. 12. As reported, Pierce…

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Medical R&D Alliance Expands Blockchain Project to Include Data Sharing

Medical R&D Alliance Expands Blockchain Project to Include Data Sharing The Pistoia Alliance has expanded its blockchain project to include data sharing, data identity, and data integrity, according to a press release published on Feb 8. The Pistoia Alliance is a not-for-profit organization established in 2007, with representatives from well-known pharmaceutical industry companies which include Pfizer, Novartiz, and GSK.…

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Seoul City Gov’t Appoints Members to Blockchain Governance Team

Seoul City Gov’t Appoints Members to Blockchain Governance Team The Seoul Metropolitan Government, South Korea, has issued letters of appointment to its Blockchain Governance Team set to integrate blockchaintechnology with the city’s administration services. The news was announced by blockchain networks firm ICON on Feb. 8. The Seoul Blockchain Governance Team was formed by the Metropolitan Government, with the aim of…

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Over 5.5 Billion USDC has Been Transferred оn-Chain

Over 5.5 Billion USDC has Been Transferred оn-Chain Over 5.5 billion USD Coin (USDC) tokens have been transferred on-chain as of Jan. 31 2019, according to a report released by the Centre consortium on Feb. 6. The Centre consortium was founded by crypto finance firm Circle and United States-based crypto exchange Coinbase. USDC s a U.S. dollar-backed stablecoin released by Coinbase and Circle in October…

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