Category: Events

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For the first time in history, the Bitcoin holdings of a nation is greater than Gold reserves: Bulgaria, $2 vs $1.8 Billions

Bulgaria has been covertly stockpiling Bitcoins, so much so that their BTC reserve has surpassed its gold holdings. Back in May 2017, the Southeast European Law Enforcement Centre (SELEC) issued a press release that the country has over 200,000 BTC (around $2.1 billion) as opposed to just 40 tons in gold (around $1.8 billion). The release stated:

“It was determined that the members of the organized crime group invested the money obtained from these illegal activities in bitcoins, around 200,000 being discovered in the virtual space.”

The investigators determined that they had precisely 213,519 BTC. Strangely enough, the Bulgarian Government has remained relatively silent regarding their alleged holdings. There have been several rumors floating around about these mysterious Bitcoins. One of these rumors stated that the Bulgarian Interior Ministry sold the stash to fund a new air force squadron. Various crypto media outlets immediately trashed this. The Government’s continued reluctance to reveal the Bitcoin addresses hints that they are likely still in control of the Bitcoin holdings.

For the first time in history, the bitcoin holdings of a nation state have surpassed their gold reserves, and it happens to be Bulgaria.

The country is believed to hold more than 200,000 bitcoins, now worth about $2 billion, while their gold reserves of 40 tones are worth only $1.8 billion.

Making it the first time a nation state has more value stored in bitcoin than in gold reserves.

That’s per a May 2017 press release by the Southeast European Law Enforcement Centre (SELEC) which announced in a headline: “More than 200,000 bitcoins in value of 500 million USD found by the Bulgarian authorities.” They further said:

“With SELEC’ support, the Bulgarian authorities successfully finalized the joint investigation…

The organized criminal group consisted in Bulgarian nationals having connections in The former Yugoslav Republic of Macedonia, Hellenic Republic, Romania and Republic of Serbia.

The modus operandi used was recruiting corrupted Customs officers in all involved countries with the purpose to infiltrate a virus in the Customs’ computerized systems. Once the virus installed, from distance, the offenders were able to finalize various transports, as in the Customs’ system appeared that the cargo was already checked and passed.

The Bulgarian authorities have searched more than 100 addresses, suspects and vehicles. A large quantity of money was seized, as well as equipment, devices for communication, computers, tablets, bank documents, etc…

It was determined that the members of the organized crime group invested the money obtained from these illegal activities in bitcoins, around 200,000 being discovered in the virtual space.

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FinCEN Files, 2500+ documents, $2000 BILLIONS dirty money in International Banks

Leaked documents involving about $2000 Billions of transactions have revealed how some of the world’s biggest banks have allowed criminals to move dirty money around the world.

The FinCEN files are more than 2,500 documents, most of which were files that banks sent to the US authorities between 2000 and 2017. They raise concerns about what their clients might be doing. These documents are some of the international banking system’s most closely guarded secrets.

Today, the FinCEN Files — thousands of “suspicious activity reports” and other US government documents — offer an unprecedented view of global financial corruption, the banks enabling it, and the government agencies that watch as it flourishes. BuzzFeed News has shared these reports with the International Consortium of Investigative Journalists and more than 100 news organizations in 88 countries.

Money laundering is a crime that makes other crimes possible. It can accelerate economic inequality, drain public funds, undermine democracy, and destabilize nations — and the banks play a key role. “Some of these people in those crisp white shirts in their sharp suits are feeding off the tragedy of people dying all over the world,” said Martin Woods, a former suspicious transactions investigator for Wachovia.

What has been revealed?

  • HSBC allowed fraudsters to move millions of dollars of stolen money around the world, even after it learned from US investigators the scheme was a scam.
  • JP Morgan allowed a company to move more than $1bn through a London account without knowing who owned it. The bank later discovered the company might be owned by a mobster on the FBI’s 10 Most Wanted list.
  • Evidence that one of Russian President Vladimir Putin’s closest associates used Barclays bank in London to avoid sanctions which were meant to stop him using financial services in the West. Some of the cash was used to buy works of art.
  • The husband of a woman who has donated £1.7m to the UK’s governing Conservative Party’s was secretly funded by a Russian oligarch with close ties to President Putin.
  • The UK is called a “higher risk jurisdiction” and compared to Cyprus, by the intelligence division of FinCEN. That’s because of the number of UK registered companies that appear in the SARs. Over 3,000 UK companies are named in the FinCEN files – more than any other country.
  • Chelsea owner Roman Abramovich once held secret investments in footballers not owned by his club through an offshore company.
  • The United Arab Emirates’ central bank failed to act on warnings about a local firm which was helping Iran evade sanctions.
  • Deutsche Bank moved money launderers’ dirty money for organised crime, terrorists and drug traffickers. More details (BuzzFeed News)
  • Standard Chartered moved cash for Arab Bank for more than a decade after clients’ accounts at the Jordanian bank had been used in funding terrorism.

  • One of America’s oldest banks wired over a hundred million dollars in funds linked to the crypto Ponzi scheme OneCoin, according to a trove of documents leaked from the U.S.’ financial crimes watchdog.

    In February 2017, the Bank of New York Mellon (BNY Mellon) flagged a number of transactions with the Financial Crimes Enforcement Network (FinCEN) it deemed suspicious as they appeared to be “layered” – a money-laundering technique that hides the source of funds through sending multiple transactions.

    Worth a combined $137 million, the bank said these transactions came from entities linked to OneCoin – a crypto scheme the U.S. government accused of being a Ponzi. It’s estimated OneCoin raised a total of $4 billion from investors, making it one of the most successful schemes of its kind ever.

Why is this leak different?

There have been a number of big leaks of financial information in recent years, including:

 

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ECB official says the central bank is working on a ‘retail’ digital currency, floats decentralized token model

The European Central Bank is working on a “retail central bank digital currency” as part of an investigative task force, according to a member of its Executive Board.

Yves Mersch, who also serves as vice chair of the ECB’s Supervisory Board, made the remarks during an early-morning keynote address for CoinDesk’s Consensus 2020 conference. In a published version of his speech, Mersch talked about the task force and the work it is conducting, mostly notable the retail CBDC versus a “wholesale” focused one.

Mersch acknowledged that such work is taking place against the backdrop of an economy in which the vast majority of euro area transactions – some 76% – are in the form of cash. And to that end, “[t]he ECB’s debate on CBDCs is therefore mainly analytical,” he noted.

“The lack of a concrete ‘business case’ for a CBDC at present should and does not stop us from seriously exploring the optimal design of a CBDC so that we will be well prepared should we ever take a policy decision to issue a digital currency,” he went on to say. “To this end, we have set up a task force on a CBDC within the Eurosystem
— Citește pe www.theblockcrypto.com/linked/64692/ecb-retail-central-bank-digital-currency-token

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Mortality rate comparison Influenza US season 2017-2018 vs Novel Coronavirus (SARS-nCoV-2-2019)

US Center for Disease Control
Influenza-associated disease outcomes
AGEMortality rate %
0-4 yrs0,0006
5-17 yrs0,001
18-49 yrs0,002
50-64 yrs0,0106
65+ yrs0,1001
Average0,02286
China CCDC, February 17 2020
COVID-19 Fatality Rate by AGE
AGEMortality rate %
0-9 yrs0
10-19 years0,2
20-29 years0,2
30-39 years0,2
40-49 years0,4
50-59 years1,3
60-69 years3,6
70-79 years8
80+ years14,8
Average3,188888889
Influenza/nCoV average mortality factor139 times
Data sources: 
https://www.cdc.gov/flu/about/burden/2017-2018.htm
https://www.worldometers.info/coronavirus/coronavirus-age-sex-demographics/

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Expert opinions on New Coronavirus SARS nCoV 2019

The director general of the WHO has recently spoken of a narrowing of the window of opportunity to control the current epidemic. The tipping point – after which our ability to prevent a global pandemic ends – seems a lot closer after the past 24 hours

Prof. Paul Hunter

Professor of Health Protection
University of East Anglia
Feb. 23, 2020

The number of reports from multiple different countries in the past 36 hours showing what is most likely community human to human spread of SARS-CoV-2 confirms fears that the virus is on its way to causing a pandemic

Once the virus establishes an endemic foothold in the human population; it will become difficult if not impossible to eradicate, like other betacoronaviruses (beta-CoV) that infect humans causing seasonal outbreaks of respiratory illness, albeit of lower severity.”

Prof. Dr. Benhur Lee, MD

Professor of Microbiology
Icahn School of Medicine at Mount Sinai (ISMMS)
Feb. 21, 2020

I think it is likely we will see a global pandemic. If a pandemic happens, 40% to 70% of people world-wide are likely to be infected in the coming year. What proportion is asymptomatic, I can’t give a good number

“Why do I think a pandemic is likely? The infection is in many parts of China and many countries in the world, with meaningful numbers of secondary transmissions. The scale is much larger than SARS for example (where the US had many introductions and no known onward transmission)

Why do I think 40-70% infected? Simple math models with oversimple assumptions would predict far more than that given the R0 estimates in the 2-3 range (80-90%). Making more realistic assumptions about mixing, perhaps a little help from seasonality, brings the numbers down.

Pandemic flu in 1968 was estimated to _symptomatically_ infect 40% of the population, and in 1918 30%. Those likely had R0 less than COVID-19. Below is from https://stacks.cdc.gov/view/cdc/11425

Prof. Marc Lipsitch

Prof. of Epidemiology, Harvard School of Public Health
Head, Harvard Ctr. Communicable Disease Dynamics
Feb. 14, 2020

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ROMANIA – UAE INVEST > 22 March – 22 April 2020 Dubai & Abu Dhabi

Romania– UAE Invest 2020 is the first of its kind initiative dedicated to Romanian entrepreneurs and companies wishing either to internationalize their business to UAE or to finance their projects in Romania.

Industries:

  • IT
  • Blockchain
  • FinTech
  • Education & E-learning
  • Food & Beverage
  • Healthcare
  • Automotive&Aerospace
  • Metals & Mining
  • Real estate & Construction
  • Tourism & Hospitality
  • Oil & gas, petroleum & petrochemicals
  • Greenenergy
  • Agriculture & Aquaculture
  • Contracting & Civil Engineering
  • Manufacturing
  • Logistics & Trade
  • Architecture & Interior design
  • Luxury products – jewelry,high-end decorations, antiques
  • Wellness

Why UAE?

Global trade center

By its strategic location, excellent connectivity and world-class infrastructure, Dubai has become a renown global trade center. Sitting at the crossroads of East and West, Dubai is a switching point for trade in Africa, Europe, the Middle East, the CIS, Central Asia and India..

Dubai is a real city of the future, boasting a world-class infrastructure, well-maintained roads, excellent public transport and connectivity. With future-ready infrastructure providing access to two-thirds of the world’s most attractive growth markets, Dubai has developed its geographical location advantage. The infrastructure is highly developed, with ports and airports serving as some of the most active gateways into the region for business, commerce and tourism.

Its global reputation as a wealth generator and investment stronghold continues to drive the city’s growth and attract both worldwide corporations and international SMEs.

Unrivalled opportunities for networking, generating financing and business growth

UAE, in particular Dubai gathers together entrepreneurs from all corners of the world, including both investors from all industries and founders of strong companies incorporated in the region. Moreover, UAE offer you a series of development programmes, business hubs, accelerators & incubators, specialized business platforms as well as all types of networking opportunities. Leveragingthe benefits of such an environment, a foreign entrepreneur has a tremendous opportunity both to understand the local business framework and to find suitable partner/s that will cater to his needs & goals.

One of the most peaceful countries in MENA

Dubai is a politically stable environment and a safe city for citizens, residents and visitors alike. According to Interpol, Dubai is one of the safest cities in the world in terms of crime and health, making it a reassuring ground for all.

Investor-friendly business environment: ease of doing business & tax-free advantage

The government is pro-business, with the most transparent and favourable business regulations in the region to encourage foreign investment. Dubai provides tax-free zones, first-class physical infrastructure and access to an experienced and skilled labour force.

Being a tax-free city, Dubai attracts people from around to look for investment opportunities in the region.

Global knowledge hub boostinginspiration and innovation

Complementing the ease of doing business and the strategic advantages of being located in the emirate, Dubai’s status as a growing knowledge hub is also enhancing its attractiveness as a business destination. Innovation and inspiration have become key to Dubai’s past successes and future growth. Moreover, an increasing culture of pioneering research and groundbreaking development ensures that Dubai is not only the Middle East’s leading destination for new initiatives, but also a global knowledge base.

Unrivalled business growth opportunities in 2020 – 2021

Expo 2020is the first World Expo to be held in the Middle East, Africa and South Asia with many reasons to be counted as one of the most important exposition in history. It will be hosted by Dubai in the United Arab Emirates, between October 20, 2020 and April 10, 2021. Having as theme “Connecting Minds, Creating the Future”, Expo2020 is set to welcome 190 participating countries, and millions of visitors from across the globe, brimming with business possibilities.

Expo 2020 will serve as unique global platform to win investment, forge agreements and promote international cooperation. It will be a gateway into new markets for all businesses, offering them the chance to develop relationships with nations, multilateral organizations, corporations and educational institutions, as well as millions of visitors, echoing Expo’s theme. Expo 2020 will connect companies, ranging from start-ups to international conglomerates, from different countries and communities.

District2020 Following the six-month World Expo, District 2020 will continue to fulfill Expo 2020’s vision of connecting minds with a space designed and built to push the boundaries of architecture, smart technology, and sustainability. Its location between Abu Dhabi and Dubai, places District 2020 at the center of the acceleration of Dubai’s development. District 2020 forms a key part of Expo 2020 Dubai’s legacy strategy to reuse 80% of its site infrastructure, building an environment to create a vibrant community that will become the home, workplace, and retreat for those who thrive by connecting with others, living in a center for innovation.

District 2020 is creating a global entrepreneurship programmethat offers startups and small businesses an opportunity to scale to Dubai in key industries (Logistics & Transport, Travel & Tourism, Construction & Real Estate, Education) and with key technologies (IoT, Artificial Intelligence, Big Data). The programmeprovides a soft landing for these entrepreneurs and businesses to set up in District 2020’s ecosystem by Q4 2021.

—

Packages designed for the internationalization of Romanian companies TO UAE

 

I) BUSINESS BRIDGING – ADVANCED

§Level 1: Pre – market entry: market research, competitor analysis, identify key stakeholders, design the best internationalization strategy
§Level 2: Select relevant potential partners (including due diligence on their previous and current portfolio and KYP – Know your Partner analysis), introduce and promote your services / products to them
§Level 3: Organize “Business Bridging” sessions in UAE (in particular, Dubai and Abu Dhabi; other emirates will also be considered) during aprox. 1 week consisting of:
  • B2B meetings with short-listed potential partners (such as relevant companies, distributors, retail chains, local agents, conglomerates, HORECA representatives etc)
  • Round table / workshops / mentoring sessions with key players from the field (on a case by case basis governmental authorities, hubs, free zone authorities, representatives of relevant public/private institutions, specialists)
  • Visits to landmark locations from UAE, which are relevant to your business

 

II) BUSINESS BRIDGING – BASIC

•Organize “Business Bridging” sessions in UAE (in particular, Dubai and Abu Dhabi; other emirates will also be considered) during aprox. 1 week consisting of:
  • B2B meetings with short-listed potential partners (such as relevant companies, distributors, retail chains, local agents, conglomerates, HORECA representatives etc)
  • Round table / workshops / mentoring sessions with key players from the field (on a case by case basis governmental authorities, hubs, free zone authorities, representatives of relevant public/private institutions, specialists)
  • Visits to landmark locations from UAE, which are relevant to your business

 

III) REPRESENTATION TO EVENTS

§Promote your services / products to relevant stakeholders exhibiting at the event and other attendees
§Networking in your behalf
§Establish number of contacts showing a real interest in your business
§Explore potential collaborations
§Organize B2B outside the event, as the case may be

***the cost is exclusive of the attendance/exhibition fees which may be required by the organizers of such events

 

AVAILABLE EVENTS:

SEAMLESS: 25-26.03.2020

Seamless is a multi-brand exhibition, covering the world of Payments, Fintech, E-commerce, Retail, Insurtech and Identity. The exhibition hosts 500 of the region’s leading technology providers and start-ups.

FUTURE BLOCKCHAIN SUMMIT: 07 – 08.04.2020

The world’s leading and largest government hosted Blockchainfestival, Future BlockchainSummit is back for a third edition hosted by Smart Dubai, from 7-8 April 2020 at Dubai World Trade Centre. The city of Dubai is mandated to have all government transactions on the blockchainby 2020 and will be the world’s blockchaincapital. Future BlockchainSummit is the official Blockchainevent of Smart Dubai, the driving force behind the UAE’s BlockchainStrategy and is bringing together global enterprises, blockchainstartups and government entities at the summit to make this dream a reality.

BEVERAGE AND TOBACCO MIDDLE EAST: 08 – 09.04.2020

World beverage and tobacco in Dubai is an international exhibition that will provide your company with the perfect platform to showcase your latest products and services to a range of international attendees.  It offers a world-class business environment to gain long-term and high-volume customers through one platform. You will showcase your products to eager buyers in the beverage and tobacco market with the help of world beverage and tobacco exhibition in Dubai Middle East.

 

IV) KNOW THE MARKET – BUSINESS TRIP

§get an overview on the UAE’s business market and general investment opportunities
§visits to relevant locations from UAE which may be relevant to your business (i.e. free-zones, ports, residential projects & office buildings, factories etc. )
§organize B2B meetings with 1-2 companies; roundtables / mentoring sessions with key players from your chosen field, including government officials

V) FOLLOW UP – BASIC

§Subsequent follow ups with shortlisted stakeholders showing a real interest in your services / products.

VI) FOLLOW UP – ADVANCED

•Legal consultancy: negotiation and drafting of contracts, regulatory compliance, legal opinions on UAE Laws, company incorporation, settlement of disputes etc.
•Financial analysis
•Provide constant legal and business advice during your partnerships in UAE

IV) KNOW THE MARKET – BUSINESS TRIP

§get an overview on the UAE’s business market and general investment opportunities
§visits to relevant locations from UAE which may be relevant to your business (i.e. free-zones, ports, residential projects & office buildings, factories etc. )
§organize B2B meetings with 1-2 companies; roundtables / mentoring sessions with key players from your chosen field, including government officials

V) FOLLOW UP – BASIC

§Subsequent follow ups with shortlisted stakeholders showing a real interest in your services / products.

VI) FOLLOW UP – ADVANCED

•Legal consultancy: negotiation and drafting of contracts, regulatory compliance, legal opinions on UAE Laws, company incorporation, settlement of disputes etc.
•Financial analysis
•Provide constant legal and business advice during your partnerships in UAE
—
Implemented by DC&CA Partners & Leichmann Weifert, for requests
call to +4 021 310 27 01 or
e-mail to uae AT lew DOT ro
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Palantir worked with Cambridge Analytica on the Facebook data: Whistleblower

Palantir worked on the Facebook data that was acquired by Cambridge Analytica, whistleblower Christopher Wylie tells members of U.K. Parliament.

Check this out. These are no fucking jokes.

Everyone remembers the Cambridge Analytica scandal, and how the mainstream media tried to show how the Trump campaign spied on Facebook users.

Beyond the fact that user profiling for targetted ads, on the Internet, is a legal activity that dates decades back, and that EVERYONE uses – that’s how you get your shoes ads, in exchange for all your activity records, this is what cookies are for, for those that still don’t get it – beyond all that, there are a lot of powerful pieces of information, that you can find if you research a little, and that the idiots thinking they get the truth from their TVs will never get.

Here they are.

* Palantir is a data mining company – just like Cambridge Analytica – based in Sillicon Valley – you know, the place where all the miracle, hundreds of billion dollars worth, “basement startups” like Microsoft, Apple, Google, Uber – another independent startup that spread up like a wild fire across the globe, in a few years, without any obvious competitional reason, promoted by the mainstream worldwide – just like all the rest of the independent miracles – and universal beneficiary of inexplicable operational and financial regulation exemptions in all jurisdictions, compared to all other, normal, private taxi companies. The only differences Uber presents to other cab companies are, across the board, competitional disadvantages – inability to use cash, the impossbility to use taxi stops, the absence of call centers, drivers without background checks or licenses, the absence of special, publci transportation insurance, and every single trip recorded, with the personal data of every user, along with the times, stops, etc.. within a personal car sharing system. We all know how the removal of cash, recording all personal data and activity, and car sharing/pooling, as opposed to car owning, are stated intended implements of the Leftist NWO, but I digress.

* Among Palantir’s clients were the NSA, and FBI. The company itself I’ve seen reported as being backed by the CIA.

* Palantir was co-founded by billionaire Peter Thiel, who owns Paypal – a chairman of which has been, until recently, Elon Musk (Tesla, Space X) – and also stakes in… Facebook. Facebook is the platform Cambridge Analytica worked on.

* Cambridge Analytica CEO Alexander Nix was introduced to Palantir by Sophie Schmidt, the daughter of former Google CEO Eric Schmidt.

* Eric Schmidt himself has established a company which carried on the exact same task for Hillary Clinton, after having done the same for Barraq Hussein. The had of Google himslef – the one that records all your searches, provides the results that you take as news, that own the operating systems of the vast majority of all smartphones in the the world – Android – and claims to be politically objective – but about all this, in a separate post.

* Before the 2016 US elections, these are all Obama’s FBI, NSA, and CIA. I seriously doubt it that they set out to help Trump win.

* Several people from Palantir moved to work at Cambridge Analytica, reportedly at Christopher Wylie’s behest (the whistleblower).

* Wylie, himself, who said that he dreamed of turning CA into “NSA’s wet dream”, is a gay, hair dyed, army uniform wearing, vegan guy, with a resentful, cynical attitude, that fits the Leftist “liberal” profile to a tee. We all know how fond Liberals are of Trump.

I find it very hard to believe that these people decided to go against their convictions, or job descriptions, to help Donald Trump win, against the establishment, and then, all of a sudden, had the revelation that they were working against their conscience, which they were unaware of, until then, and blew the whsitle.

* Another great coincidence – I told you how much I believe in coincidences – is that Donald Trump’s campaign declined using the data from CA, shortly after hiring them, which the mainstream media doesn’t say, preferring to use RNC data instead.

The whstile blowing happened soon after.

So, these are the facts. That you will never hear in the mainstream. You draw your own conclusions.

— Citește pe www.cnbc.com/2018/03/27/palantir-worked-with-cambridge-analytica-on-the-facebook-data-whistleblower.html

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Telegram ICO halted by SEC

Late friday, the United States Securities and Exchange Commission (SEC) announced that it is suing two offshore entities, Telegram and its wholly owned subsidiary, TON Issuer, for holding an unregistered token sale.
According to the complaint filed in the federal district court in Manhattan on the same day, Telegram sold approximately 2.9 billion crypto tokens, called Grams (GRM) to 171 buyers for a total of $1.7 billion. Around a quarter of that sum, $424.5 million, allegedly belonged to 31 purchasers based in the U.S. 
As a result, the SEC has obtained a temporary restraining order against Telegram and TON, seeking “certain emergency relief,” as well as permanent injunctions, disgorgement with prejudgment interest and civil penalties. Now, the official Telegram channel for TON investors is suggesting that the launch, scheduled for Oct. 31, could be postponed. So, what is happening with the largest private initial coin offering (ICO) in history?
Brief introduction to TON
GRM is a native currency of Telegram Open Network (TON), a blockchain platform aimed at facilitating payments and hosting decentralized applications (DApps) beyond Visa’s scalability levels. The project is developed by Telegram, an open-source encrypted messenger lead by two Russian entrepreneurial brothers, Pavel and Nikolai Durov, who fled their native country. TON will ostensibly be integrated into the app, which boasts over 200 million users worldwide and is widely popular within the blockchain and cryptocurrency community. 
According to third-party research, TON has the potential to serve as a gateway for crypto assets and related apps to “bank the unbanked” as well as become the first discovery platform for Web 3.0 applications — “akin to the App Store for Web 2.0.”
TON saw one of the most successful ICOs in the industry. In 2018, Telegram raised almost $1.7 billion in two private token sale rounds, held in February and March. According to the documents Pavel Durov filed with the SEC, only those investing a minimum of $1 million were allowed to partake in the TON sale. The offering was limited to accredited investors in order to minimize the scrutiny from U.S. regulators.
In early October, Telegram published the entire TON source code on Github and announced that the launch of its long-awaited blockchain project would be scheduled for the end of the month. Additionally, the company revealed that all investors had been provided with TON key generation software and were to receive their GRM tokens by Oct. 16. 
Additionally, on Oct. 8, Telegram released the terms of use for its native cryptocurrency wallet, Grams Wallet, which is designed to be paired with TON. The company simultaneously stressed that it has no control over the blockchain. Those terms also distanced the company from regulations, stating “we are not responsible for determining whether taxes apply to any transactions you make using the Services or for collecting, reporting, withholding or remitting any taxes arising from any virtual currency transactions

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Crypto News: about Goldman Sachs, Blockchain Capital, Shell, LG Electronics & more

  • Goldman Sachs officially launched a cryptocurrency unit and announced a new job of a cryptocurrency project manager. In the message of the organization it is noted that this time the bank is ready to “move further than ever” in the field of digital assets.
  • Anchorage, a crypto-custodian company serving institutional investors, completed a round of fundraising for Series B, raising $40 million. According to the company, this round was led by Blockchain Capital. Visa also took part.
  • One of the five largest oil and gas companies in the world, Shell has invested an unnamed amount in the US energy blockchain start-up LO3.
  • It is assumed that the South Korean corporation LG Electronics is developing its own cryptocurrency wallet. At the moment, the company is trying to register the appropriate patent. This is evidenced by the application on the website of the United States Patent and Trademark Office.
  • Now users of Poloniex from the United States will be able to deposit and withdraw funds using bank accounts, as well as pay tokens with debit and credit cards.