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While apparently continuing to develop its digital yuan initiative, the PBoC recently enhanced its crackdown on cryptocurrency-related operations in the country.
MiddleGame Ventures has announced a new fund for early-stage lead investments in startups from Europe and North America.
Alibaba’s Hong Kong listing surpassed other large stock sales this year, ranking ahead of Uber’s $8.1 billion IPO. Shares of the e-commerce firm closed up at $23.97 on their first day.
Ripple Labs has just completed a $50 million investment in MoneyGram. Their collaboration dates back to 2018 when MoneyGram decided to test the use of XRP to reduce the costs of its money transfers.
Researchers have discovered an unsecured server containing 4 terabytes of personal data, including Facebook, Twitter, LinkedIn accounts, exposed and easily accessible online.
Earlier this year, Paytm began fundraising efforts to pick up close to $2 billion but trimmed the size of the round amid heated competition and widening losses in the digital payments segment.
JPMorgan filed a patent application that describes a distributed ledger-based version of floorplan financing to improve efficiency in the lending process.
If there is any crackdown on exchanges in China, Huobi and OKex will be axed first. Binance, with team members all around the world, were built from the early days to be immune to this.
World Chess is going to issue tokens that will use blockchain ledgers to simplify the fundraising process and will be convertible to shares at a later point.
A deal between Charles Schwab and TD Ameritrade could create a behemoth with $5 trillion in combined assets and consolidate the industry that has been going through massive disruption.