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What to Do if You Inherit $150 Million in Bitcoin? – Wall Street Journal

Wall Street Journal What to Do if You Inherit $150 Million in Bitcoin?Wall Street JournalSay you’ve discovered a wad of cash in a secondhand coat or, more appropriately, a wad of virtual bitcoin on the hard drive of a used computer. With the virtual currency up nearly sevenfold against the …

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Interview: Bitcoin Exchange Binance on China’s ICO Ban, Burning $1.5 Million in Tokens & More

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Cryptocurrency exchange Binance, which launched with 0% trading fees in an attempt to heat up competition among exchanges, recently announces its Q1 results and revealed that, as planned in its whitepaper, it burned 986,000 Binance Coins (BNB), …

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Multicoin Capital Plans $100 Million Raise for New Blockchain Investment Fund

A new investment fund called Multicoin Capital has launched with $10 million committed in a bid to invest in a range of blockchain tokens. The firm plans to have as much as $100 million raised by the end of the first quarter of 2018, representatives said in an email. Multicoin, which …

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Miami Homeowner Accepts Bitcoin and Bitcoin Cash for $6.5 Million Mansion

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. According to the Miami New Times, an early bitcoin investor and a firm believer in the new economy, Mike Komaransky, recently decided to put his seven-bedroom, 9,452 square-foot mansion near Coral Gables for sale. It has a …

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Tezos dispute puts $400 million raised in the ICO at risk — Quartz

Tezos was one of the biggest initial coin offerings (ICOs) of the last year. It raised $232 million in July with a utopian pitch: to create “a new digital commonwealth.” This would take the form of developing a new blockchain—the technical idea behind cryptocurrencies like bitcoin—that would avoid the fractious …

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LedgerX Trades $1 Million in Bitcoin Derivatives in First Week

The first regulated cryptocurrency derivative trades have taken place on a U.S. exchange. In a statement to the press today, bitcoin trading platform LedgerX confirmed rumors that it has already begun trading cryptocurrency derivatives, an offering it first received approval to begin selling to institutional investors in July. According to …

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Blockchain Startup Sun Exchange Raises $1.6 Million in New Seed Funding

Blockchain startup Sun Exchange has raised $1.6 million in new seed funding. The company drew support from a number investors, including Network Society Ventures, Kalon Venture Partners, and startup accelerators BoostVC, Techstars and Powerhouse. Sun Exchange’s platform uses blockchain as a way to let users rent out solar panels, with assets …

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SparkLabs launches SparkChain Capital, a $100 million fund for blockchain and cryptocurrency startups

Blockchain is one of the biggest tech buzzwords in recent times, with markets including music, travel, and car-sharing slowly succumbing to blockchain’s allure. Then there are cryptocurrencies such as bitcoin and ethereum, which are now pretty much synonymous with blockchain technology. Against this backdrop, a new $100 million fund has been set up to invest in …

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Backroom battle imperils $230 million cryptocurrency venture

At the moment, the Tezos Foundation holds all of the fundraising proceeds, while the Breitmans, through their Delaware company, control much of Tezos’ intellectual property. The plan is for the foundation to acquire the Breitmans’ company and release the technology under a free software license, according a “Transparency Memo” on …

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