Industry Watch 20 February, 2018

Nami | Daily Crypto News 20.02.2018

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The Independent: Bitcoin has ‘failed’ as a currency, says Mark Carney

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.

Fortune: Nasdaq Says It Will Delist Long Blockchain, the Iced-Tea-Turned-Bitcoin Company

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.

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Coin Telegraph: RMIT University Launches Australia’s First Blockchain Course

Australian public research university RMIT has launched the first Australian university-level course on Blockchain.

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Coin Speaker: Israel Will Tax Bitcoin as an Asset, Not a Currency

Israel is becoming ingrained more and more deeply into crypto ecosystem. Cryptos will be subject to the capital gains tax, decides the Tax Authority.

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CNBC: Crypto funds tap into Wall Street’s talent pool

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.

The Edge Market: Commodities shipper seeks US$150 mil to start cryptocurrency

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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