# German bank launches crypto fund covering portfolio of digital assets

# German bank launches crypto fund covering portfolio of digital assets

“# German bank launches crypto fund covering portfolio of digital assets ” German private bank Hauck & Aufhäuser announced its first crypto fund, the HAIC Digital Asset Fund I, launching Jan. 1, 2021. According to a report on  FundView, the initiative, a collaboration with Berlin fintech Kapilendo, will target institutional and semi-institutional investors who want to invest…

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# Did you fall for it? 13 ICO scams that fooled thousands

# Did you fall for it? 13 ICO scams that fooled thousands

“# Did you fall for it? 13 ICO scams that fooled thousands ” Using blockchain technology, initial coin offerings have become an alternative means of acquiring funding for business projects using the new, evolving digital financial market for tokens. In contrast to initial public offerings, which are governed by strict legal regulations, ICOs require only…

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# Ripple has sold M of its stock in MoneyGram

# Ripple has sold $15M of its stock in MoneyGram

“# Ripple has sold $15M of its stock in MoneyGram ” Ripple Labs has sold a huge chunk of its 2019 investment in MoneyGram.  Per a Friday night filing with the Securities and Exchange Commission on Friday night, from Nov. 27 through Dec. 4, Ripple Labs managed to sell 2,264,113 shares of MoneyGram (MGI). The…

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# Hong Kong OTC trading firm acquires OMG Network

# Hong Kong OTC trading firm acquires OMG Network

“# Hong Kong OTC trading firm acquires OMG Network ” Ethereum-based scaling platform OMG Network has been acquired by the venture subsidiary of Hong Kong-headquartered OTC trading firm, Genesis Block. The acquisition was announced on Dec. 3, with Genesis Block Ventures revealing plans to work with OMG to build “lending and trading platforms” for the…

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# University’s epic burn: Researchers say Ripple’s protocol ‘may fail badly’

# University’s epic burn: Researchers say Ripple’s protocol ‘may fail badly’

“# University’s epic burn: Researchers say Ripple’s protocol ‘may fail badly’ ” Researchers from the University of Bern have released a report claiming Ripple’s consensus protocol “ensures neither safety nor liveness.” In a blog posted yesterday from the university’s Cryptology and Data Security Research Group, researchers Christian Cachin, Amores-Sesar, and Jovana Mićić released an analysis…

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#The Hatch of Hatch: From startup to global powerhouse

#The Hatch of Hatch: From startup to global powerhouse

“#The Hatch of Hatch: From startup to global powerhouse” The story of how Hatch Ltd. became a global engineering and construction powerhouse begins underground—in a subway tunnel in downtown Toronto, to be exact. In the 1950s, Gerry Hatch—the company’s founder, and an M.I.T. graduate with expertise in metallurgical engineering—found himself among those tasked with developing…

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