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Markets

Rapper 50 Cent Is Now a Bitcoin Millionaire

Rapper 50 Cent's move to accept bitcoin for his 2014 "Animal Ambition" album has resulted in a multi-million dollar windfall.

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Markets

Two More Companies Sign On to Test Ripple's XRP in xRapid Pilots

IDT Corporation and Mercury FX announced Wednesday that they would pilot Ripple's XRP token to facilitate real-time, low-cost international transfers.

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Markets

UK Government Lures Distributed Ledger Projects With $26 Million Fund

Innovate UK, the United Kingdom's innovation arm, plans to invest more than $26 million in emerging tech projects, including distributed ledgers.

London, U.K.

Markets

Payment Processor Stripe to End Support for Bitcoin

Payments processor Stripe announced it would end support for bitcoin in April, citing rising transaction costs and times as two reasons for the move.

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Markets

Microsoft, Hyperledger, UN Join Blockchain Identity Initiative

Tech giant Microsoft and blockchain alliance Hyperledger and others have joined blockchain-based digital identity initiative, the ID2020 Alliance.

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Markets

What's a Former CIA Lawyer Doing in Crypto?

After decades at a white-shoe law firm, Russell Bruemmer is now advising blockchain startup Applied Philosophy Labs on token sales and governance.

David Levine and Russell Bruemmer

Markets

Vermont City Pilots Land Registry Record With Blockchain Startup

The City of South Burlington in Vermont is partnering with a blockchain startup to pilot a land registry ledger based on the tech.

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Markets

Indian State Partners With Fund To Launch Blockchain Ecosystem

The Indian state of Andhra Pradesh announced a partnership with Covalent Fund to kickstart a blockchain ecosystem at its Fintech Valley Vizag.

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Markets

Opening Hyperledger: Consortium to Create Experimental Labs

An effort to connect startups with companies formally recognized by Hyperledger, the measure may accelerate the rate at which new ideas find traction.

(Olga Miltsova/Shutterstock)

Markets

TEPCO Invests in Blockchain Startup in Bid to Decentralize Systems

The Tokyo Electric Power Company Holdings announced it had invested in blockchain startup Electron to develop an asset management platform.

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