Bitcoin has failed as a currency measured by standard benchmarks – it is neither a store of value, nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday.
The Nasdaq stock exchange has notified New Jersey-based Long Blockchain, Inc. that it would delist the stock because the company’s market capitalization was too low. Long Blockchain was formerly known as Long Island Iced Tea, but changed its name last December and announced it would diversify from beverages into cryptocurrency.
Australian public research university RMIT has launched the first Australian university-level course on Blockchain.
Israel is becoming ingrained more and more deeply into crypto ecosystem. Cryptos will be subject to the capital gains tax, decides the Tax Authority.
Hedge fund Pantera Capital hires former Deutsche Bank managing director William Healy. Pantera, which has roughly $724 million in assets under management, also announces the launch of its third blockchain-focused venture fund. Crytpocurrency ETF Bitwise, meanwhile, says it will hire industry veteran Matt Hougan as vice president of R&D.
Prime Shipping Foundation, a partnership between Gibraltar-based Quorum Capital Ltd and ship broker Interchart LLC, is looking to raise the funds by mid-year in a so-called initial coin offering.
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