Blockchain.com Loses $270M in 3AC Chaos

2022-7-9 21:29

Three Arrows Capital owes $270 million to crypto lending platform Blockchain.com, though the CEO has insisted in a letter to shareholders that the company remains liquid and customers would not...

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blockchain letter ceo insisted shareholders remains customers

blockchain letter → Результатов: 126


New York Department of Financial Services urges crypto firms to use blockchain analytic services

New York’s Department of Financial Services (NYDFS) has issued guidelines on the use of Blockchain analytics to all licensed crypto startups within New York. Through a letter addressed to all digital currency entities licensed under the New York Banking Law (23 NYCRR Part 200), the government agency emphasized the importance of blockchain analytics in conducting […]

2022-5-4 00:46


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Ripple Executives Move To Quash SEC’s Probe Into Their Personal Financial Statements

Two senior executives at blockchain technology company Ripple are seeking to throw out the United States Securities and Exchange Commission’s (SEC) request to access their personal bank statements. On March 11, Ripple CEO Brad Garlinghouse and executive chairman Chris Larsen sent a letter to the New York judge Sarah Netburn asking her to block SEC’s […]

2021-3-13 20:22


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PayPal purchased 70% of all newly-mined BTC over the past month

Payments giant PayPal bought up to 70% of all newly-mined BTC over the past month since it started offering crypto services on October 21 this year. Pantera Capital, a hedge fund manager, unveiled this news in its most-recent monthly blockchain letter, adding that combined with Square’s Cash App, the two firms are purchasing more than 100% of all newly-issued BTC.

2020-11-24 14:55


Pantera Capital: ‘We Are in the Early Stages of a Large Bull Market’

Now that the Fed has tipped its hand, revealing that interest rates will remain near zero for the foreseeable future — possibly through 2023 — bitcoin bulls are revving up their engines. Pantera Capital CEO Dan Morehead pounced on the Fed’s quantitative easing, pointing out in a Blockchain Letter that corporate America is in for […] The post Pantera Capital: ‘We Are in the Early Stages of a Large Bull Market’ appeared first on BeInCrypto.

2020-9-17 00:23


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Japan’s Third-Largest Bank Joins Blockchain Consortia to Enhance Trade Efficiency

Faced by work disruptions caused by the novel coronavirus and the need to function efficiently even during crises, Sumitomo Mitsui Bank Corporation (SMBC) has today (July 21, 2020) signed a letter of intent to join Contour’s Beta Network and scored a membership deal with Switzerland’s Komgo–a blockchain-based commodity trading platform whose shareholders are drawn from banking,Read MoreRead More.

2020-7-22 01:07


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First-Ever Blockchain Letter of Credit Transaction Carried out by Chinese Steelmaker

Baosteel, a Chinese steelmaker, along with Australian mining firm Rio Tinto, have completed a renminbi (RMB)-denominated letter of credit (LC) transaction using blockchain technology. The LC transaction facilitated by Standard Chartered Bank (SCB) represents the first-ever paperless cross-border deal in the iron ore industry finalized in China’s fiat currency.

2020-5-14 15:16


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Teeka Tiwari Investment of the Decade Report Shares 3 Best Blockchain Stocks of Today

The Investment of the Decade research report by Teeka Tiwari is focused on a foundational technology (like the internet and electricity) known as blockchain distributed ledger technology and America's number one investor has three of the best blockchain-based stocks to offer those who subscribe to his Palm Beach Research Group's Letter. Watch Teeka's Investment of […]

2020-2-18 08:49


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Crypto Group Asks IRS to Make Small Payments Tax-Free

The Wall Street Blockchain Alliance is the latest to ask the U. S. Internal Revenue Service (IRS) to consider a ‘de minimis’ exemption for crypto tax payments below a specific value. IRS Should Reduce Crypto Tax Burden According to Law360, the Wall Street Blockchain Alliance has written a letter to the IRS calling for tax exemptions for crypto transactions below a certain threshold.

2020-2-6 19:00


US Treasury Department Pilots Blockchain-Based Federal Grants Tracking System

The US Treasury Department, which is in charge of government revenue, has been reported to experiment with blockchain tech in order to develop a system that tracks federal grants. The proof-of-concept (PoC) program that’s intended for a blockchain-based grant recipients’ letter of credit is about to be completed, says Craig Fischer, the manager of the […]

2020-1-14 20:46


Banking Giant HSBC Completes The First Yuan-Denominated Letter Of Credit Transaction On A Blockchain

Banking giant HSBC has revealed that they have finished the first yuan-denominated blockchain-based letter of a credit transaction with the help of Voltron. HSBC has partnered with the Landmark Group and the ReChainMe blockchain platform in order to create Voltron, which was used to arrange shipments between Hong Kong and Dubai. Voltron is a consortium […]

2019-9-3 17:53