Electronics Giant Foxconn Leads $7 Million Series A in Blockchain Startup

Join our community of 10 000 traders on Hacked.com for just $39 per month. Digital identity startup Cambridge Blockchain has closed as $7 million Series A round of financing led by Taiwanese manufacturing giant Foxconn’s investment arm. Announced Tuesday, the $7 million financing round also included previous investors Partech and Digital Currency Group, who injected new capital and converted the startup’s outstanding debt in exchange for equity. Partech general partner Romain Lavault specifically highlighted the startup’s enterprise data management software finding its first customers in the European market that will…

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Microsoft’s Bing Bans Crypto Advertising

Bing Bans Crypto Advertising: Microsoft’s Bing browser has banned crypto-advertising. Microsoft now joins the ranks of several other companies that have done the same, including Facebook (NASDAQ:FB), Google (NASDAQ:GOOG) and Twitter (NYSE:TWTR). All three companies implemented their bans on cryptocurrency advertising earlier this year and have said in some form or other, that the decision will ensure the safety of their users from deceptive advertising. The ban includes cryptocurrency advertising and advertising for cryptocurrency related products and will be updating its financial products and services policy to include this new decision.…

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HPE, Nokia Tap Streamr To Allow Consumers To Monetize Blockchain Tokenized Data

Join our community of 10 000 traders on Hacked.com for just $39 per month. Nokia and Hewlett Packard Enterprise have teamed with a Swiss startup called Streamr that will enable consumers to control and market tokenized data collected by Internet-connected devices, according to Fortune. The partnerships, announced at the Consensus conference in New York, signal emerging efforts to use blockchain technology to empower consumers. Streamr will tokenize the data in a cryptocurrency called DATAcoin which raised more than $30 million last year in an ICO. Prototype Developed HPE has already developed…

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The SEC Just Launched a Fake ICO Website to Educate Investors

The U.S. Securities and Exchange Commission wants to ensure investors can identify fraudulent initial coin offerings – even if it has to launch its own to do so. The regulator announced Wednesday it has launched a mock ICO called HoweyCoin, presumably named after the Howey Test, which “touts an all too good to be true investment opportunity.” However, the company notes, “the offer isn’t real.” Users who try to invest in the token sale will instead be redirected to the regulator’s education tools, which are aimed at pointing out the…

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Circle App Raises $110 million & Introduces its Own Crypto-Dollar at Consensus 2018

Circle App – Boston-based fintech company Circle, has its sights on making a faster and better digital version of the U.S. dollar. The start-up company announced its new digital token that would be pegged to the US dollar yesterday at Consensus 2018. Circle founders @psneville and @jerallaire took the stage at #Consensus2018 earlier today to announce Circle USDC, a price-stable tokenized US dollar coin. Learn more about it here: https://t.co/8fZN6vDryb — Circle (@circlepay) May 15, 2018 Circle also announced that it raised $100 million in their Series E round which…

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Amazon Launches Blockchain Cloud Partnership With Ethereum Studio ConsenSys’ Kaleido

Join our community of 10 000 traders on Hacked.com for just $39 per month. Amazon has partnered with blockchain incubator ConsenSys to enable its customers to build and manage their own blockchain platforms in an easy-to-use manner with ConsenSys’ Ethereum-based cloud platform called Kaleido. The move is part of an effort to make blockchain, the technology underpinning bitcoin, more accessible to customers of Amazon Web Services, the cloud-computing arm of Amazon.com. “Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves,”…

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200 Million Users Messaging Giant LINE Partners Blockchain Project ICON

Join our community of 10 000 traders on Hacked.com for just $39 per month. ICON, the $1.6 billion blockchain project created by developers from South Korea, has secured an official partnership with LINE, Japan’s largest messaging app that supports more than 200 million monthly active users. LINE’s Entrance Into Cryptocurrency Exchange Market On January 31, CCN reported that LINE is set to launch a cryptocurrency exchange within 2018 with an intent to enter the global cryptocurrency sector and to promote research and development of blockchain technology. Since then, over the…

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‘Bitcoin Jesus’ Roger Ver Talks Bitcoin Cash Hard Fork | CNBC

Brian Kelly reports from Consensus on three things to watch. And Roger Ver (Bitcoin Jesus) on the bitcoin civil war. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on…

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ICO Project Polymath Is Trying to Buy a Stake In a Real Stock Exchange

If one announcement summarizes the ambitions of crypto project Polymath, it might be Wednesday’s acquisition of the domain “Tokens.com” One of its several this week, it cuts to the heart of the project’s aims to dominate the issuance of tokenized securities. But the plans go beyond just the acquisition of potentially popular domain names. In the run-up to the company’s Wednesday morning appearance at CoinDesk’s Consensus conference, Polymath also revealed it’s in the process of closing a deal to acquire a large stake in the Barbados Stock Exchange and that it’s…

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Crypto Company Circle Raising $110 Million In Latest Funding Round | CNBC

Jeremy Allaire, Circle CEO, talks with CNBC’s “Squawk Box” about the company’s latest funding round. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Crypto Company Circle…

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