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The Securities and Exchange Commission (SEC) has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from ProShares, Direxion and GraniteShares. In three orders published on August 22, the rejections came ahead of previously reported deadlines arising from the SEC’s public-facing approval process. Notably, the agency used the exact same reasoning – and wording – in …

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Crypto Facilities, the U.K-based crypto futures exchange and CME Group partner, is adding a bitcoin cash product to its offerings. The firm announced Friday that it was launching the contract on its platform, which is regulated by the U.K. Financial Conduct Authority. Trading of the bitcoin cash future will begin at 4 p.m. British Standard …

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Distributed ledger startup Ripple has endorsed three cryptocurrency exchanges as its “preferred partners” for transacting with its xRapid payments service, which uses the cryptocurrency XRP. Announced Thursday, Bittrex, Bitso and Coins.ph will now serve as Ripple’s “preferred digital asset exchanges” as part of its efforts to build out the XRP ecosystem. Cory Johnson, Ripple’s chief markets …

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A cryptocurrency dealer setting out to provide trading services for institutional investors has closed a Series A funding round of $22.7 million. Called SFOX, the platform announced on Thursday that its new equity financing was led by Tribe Capital and Social Capital, and has backing from Airbnb co-founder Nathan Blecharczyk, Y Combinator, Danhua Venture Capital, Digital …

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The American Association of Insurance Services (AAIS) is turning to the IBM Blockchain platform to support a new automated insurance reporting tool, the organization announced Wednesday. Built on IBM Blockchain using Hyperledger Fabric, the open Insurance Data Link (openIDL) system is aimed to simplify regulatory reporting by allowing insurance carriers to store data on a permissioned …

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A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football. Called the Crown League, the project’s owner told CoinDesk on Tuesday that it seeks to form a professional fantasy football league, with 12 teams initially, which will collectively be owned by fans via the platform’s crypto tokens. …

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The Jamaica Stock Exchange (JSE) has announced that it will soon be offering cryptocurrencies as tradeable assets for its clients. The company said Tuesday that it had signed a memorandum of understanding (MoU) with blockchain startup Blockstation for the creation of a new digital assets trading platform. While it is not clear which tokens will …

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Regtech and compliance startup iComply has just completed a seed funding round led by former Standard and Poor’s president Deven Sharma. The firm – which seeks to develop standard compliance tools and services for other blockchain startups and in particular those which launch initial coin offerings or ICOs – announced Monday that it raised a seven-figure …

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Blockchain-based social network Minds is migrating its platform to the ethereum network, the startup announced Monday. After roughly four-and-a-half months on its Rinkeby test network, the startup will be moving to ethereum for its full live launch. The firm claims to provide a censorship-resistant, accessible social network for users, especially those in potentially authoritarian nations, …

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David Marcus is stepping down from the board of directors at cryptocurrency exchange Coinbase, citing his new assignment at Facebook leading the social media giant’s blockchain strategy. Marcus, a vice president at Facebook since 2014, joined the board at Coinbase, now valued at $8 billion, in December of last year. At the time, CEO Brian Armstrong said …

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The mainnet for decentralized encyclopedia startup Everipedia is now live. The blockchain-based Wikipedia competitor announced the launch on Thursday, allowing users to earn its IQ tokens for adding or editing articles to the platform. These tokens, in turn, will let users participate and vote on network governance issues. Everipedia’s developers hope that this type of model …

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Decentralized music-sharing protocol Audius has raised $5.5 million in a Series A funding round led by General Catalyst and Lightspeed Capital the firm announced Wednesday. The project seeks to use a blockchain platform to help artists control the music they share, according to a press release. While a release date is not yet clear, the …

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ShapeShift has acquired a startup that developed a tool for exchanging cryptocurrencies more efficiently. The company said Wednesday that it acquired the Texas-based Bitfract after it made the tool – allowing for the exchange of bitcoin for “dozens of digital assets in a single transaction” using the company’s API. The idea is that the tool makes …

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Cryptocurrency-backed loan provider SALT Lending announced it has expanded into 20 new U.S. states on Wednesday. The firm, which allows users to borrow cash against their cryptocurrency holdings, is now available in 35 states, including Washington D.C. Also revealed today is a new tech platform for SALT clients, which the firm says includes updated tools …

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Cryptocurrency startup Coinbase will boost its daily purchase limits and allow for “instant” trading following user bank transfers, the company announced Tuesday. Currently, according to the startup, clients have to wait five days for those funds to settle. But that’s about to change, with Coinbase reasoning that “when someone makes the decision to sign up, …

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Bitcoin derivatives trading provider LedgerX says it saw a “record” amount of trading volume over the last two months. The firm cleared $50 million in derivatives volume in July alone, president and chief risk officer Juthica Chou told CoinDesk. Earlier this month, the firm also executed its largest trade to date for a December $15,000 …

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In-development decentralized payments platform Logos Network has successfully raised $3 million in seed funding, the startup announced Thursday. Led by ZhenFund, the round also saw participation from Digital Currency Group, INBlockchain, Blockwater Capital, Global Blockchain Innovative Capital, AlphaBlock Capital and AlphaCoin Fund, according to a press release. Logos is working to build a payments network …

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Crypto exchange Coinbase is now offering deposits and withdrawals denominated in the British pound (GBP), the firm announced Wednesday. The exchange’s U.K. division will now offer same-day deposits and withdrawals from the platform, allowing transfers to happen almost immediately. In a statement, Coinbase U.K. chief executive Zeeshan Feroz wrote that this system will replace the previous …

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CoinMarketCap, one of the most popular crypto data tracking websites, announced a new update to its API on Wednesday. While a public API is already offered by CoinMarketCap, the new one will provide “additional endpoints, more calls, higher rate limits, exchange and market and historical data for the commercial tiers,” according to an email response …

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Decentralized token exchange Radar Relay has completed a $10 million Series A funding round. The funding effort was led by industry investment firm Blockchain Capital, the startup announced Wednesday. Tusk Ventures, Distributed Global, Reciprocal Ventures, Elefund, Slow Ventures, SV Angel, Kindred Ventures, Collaborative Fund, Breyer Capital, V1.VC, Kokopelli, Village Global, Chapter One and Digital Currency Group …

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