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Qiwi, one of Russia’s largest payment services providers, has launched a crypto investment bank. The bank will be known as HASH and will provide ICO issuers and crypto startups assistance, especially with fundraising. The executives behind HASH are mainly from Qiwi’s blockchain arm, Qiwi Blockchain Technologies (QBT) and will be looking to leverage their experience … Read more
Bitcoin will not see wide global adoption as a fiat alternative due to states’ desire to keep money centralized, says CEO of Russia’s largest bank Herman Gref Go to Source Powered by WPeMatico
Following the actions of competing communications apps like Telegram, Line and Kik, the latest hoping to enter the cryptosphere is Viber. The firm is considering support for a native token that will be launched by its parent company, Rakuten Coin. Also Read: Israel Tax Authority Convinces Local Exchange to Report Big Traders Viber Rakuten Coin Viber is … Read more
Blackmoon, a blockchain company from Russia, has offered Chinese smartphone producer Xiaomi to tokenize its IPO, with payment options in ETH, BTC or LTC Go to Source Powered by WPeMatico
A hybrid computer, designed to please both gamers and miners, is now selling in Russia. The company offering the new PC promises a quarter ether of monthly income for gaming enthusiasts who would like to mine when their expensive configuration is idling. The premiere coincides with reports of new negative forecasts for hardware manufacturers. Also … Read more
From Belarus’ utopian crypto haven to Macedonia’s ban: Here’s how cryptocurrencies are regulated in Eastern Europe Go to Source Powered by WPeMatico
Subsidiary of Russian payment service provider Qiwi has launched the first crypto investment bank in the country to manage ICOs, according to local reports Go to Source Powered by WPeMatico
Initial Coin Offerings in the first half of 2018 have attracted nearly double the amount of funds raised last year, a new report reveals. Researchers point out, however, that the majority of ICOs have largely failed, with only a third of the projects closed successfully. According to the study, the US remains the major destination … Read more
In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian exclave … Read more
Facebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced earlier this year their intentions to sue internet giants imposing such restrictions. The claimants want to proceed with filing the lawsuit, despite the policy update. Also … Read more