By CCN Markets: Hollywood movie star Brad Pitt has reportedly invested in a “cold fusion” startup dubbed Industrial Heat, The Financial Times reports. Joining him for the capital venture into futuristic clean energy are Laurene Powell Jobs and English fund manager Neil Woodford. Incidentally, Pitt plays a Hollywood stunt double in Quentin Tarantino’s upcoming film, “Once Upon A Time in Hollywood.” It hits theaters on July 26. New #OnceUponaTimeinHollywood pic with #BradPitt as Cliff Boothvia @empiremagazine#Quentintarantino #quentintarantinomovies pic.twitter.com/Azi9XqbBAJ — Quentin Tarantino News (@QTarantino_news) June 13, 2019 In real life, however, Brad Pitt seems to be playing Elon Musk’s stunt double.
Billionaire Howard Schultz ― the bitcoin-bashing former CEO of Starbucks ― is considering running for US president because he’s disgusted with the bitter political gridlock he sees today. Schultz announced on Twitter that he would run as a “centrist independent” because he’s fed up with the entrenched, ineffective two-party system in the United States. I love our country,
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Tilray’s share price plummeted today on the expiry of its IPO lock-up period. But is the sell-off investors exiting cannabis stocks? Or, is it as simple as Tilray “insiders” cashing in their profits? Tilray’s stock lost 17.24% by the end of trading on the Nasdaq today, wiping out recent day’s gains. With its IPO, Tilray
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As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U.S. to announce that it would now be possible to pay taxes using bitcoin.
While Ohio is first in actually implementing this for its business residents, it’s certainly not the first one to try. Other U.S. states, like Illinois, Arizona, and Georgia have previously attempted to pass legislation allowing state taxes to be paid with cryptocurrency; however, such attempts have been rejected by state lawmakers or have not yet taken final form.
It’s no secret the crypto industry is not particularly at its most profitable moment. However, despite the dire state in which the crypto market has found itself, there are certain people who believe things will turn around in a big way — a new all-time high, even. Among these is Mike Kayamori, CEO of Quinone,
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Nomics has raised $ 3 million from Coinbase Ventures and other investors for its plan to index 95% of all crypto trading data points.
The Blockchain Technology Foundation, which is also referred to as the Commons Foundation, has been based in South Korea since its inception, but recently completed talks with the government of Paraguay regarding the establishment of something rather massive: the world’s largest bitcoin mining farm and crypto exchange. Many readers may be surprised to know that
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Bitcoin rewards platform Lolli has raised $ 2.25 million in seed funding from investors including Bain Capital Ventures.
In today’s edition of The Daily, we look at a company that has decided to expand from the cryptocurrency space into outer space by buying a venture focused on mining asteroids. We also cover an investment platform that has secured R&D funding from a government agency, as well as a limited-edition hardware wallet.
To kick-start the new week, we bring you news of bitcoin hitting a record low — for volatility, not price. There’s also been an altcoin breakout ahead of an impending Coinbase listing, a new metric for ranking cryptocurrencies and an obligatory new stablecoin story. It’s all covered in Monday’s edition of The Daily.
With an e-commerce company leading the launch of a new stablecoin, its founders and allies believe they can really bring crypto to consumers.
Institutional-grade cryptocurrency prime dealer SFOX has raised nearly $ 23 million to fund the development of full-featured asset management platform for large-scale cryptocurrency investors. Announced on Thursday, SFOX’s $ 22.7 million Series A funding round was led by Tribe Capital and Social Capital, and it also included investments from Y Combinator, Khosla Ventures, Blockchain Capital, and Airbnb
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A cryptocurrency dealer project by the name of SFOX, backed by Nathan Blecharczyk, a co-founder of Airbnb has finished an initial round of funding that has raised around $ 22.7 million. SFOX is a project designed to provide trading services to institutional investors, making the entire process seem a little friendlier and more fruitful for large institutions that wish to invest in cryptocurrencies.
According to Coindesk:
“Founded in 2014, SFOX operates as a trading hub for institutional investors, high-net-worth individuals and family offices.
A cryptocurrency dealer for institutional investors and high-net-worth individuals has closed a Series A funding round of $ 22.7 million.
The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $ 8 million in Australian dollars ($ 6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space.
The project is headed by the digital currency startup TravelbyBit, which sells travel experiences online using cryptocurrency. The company has received over $ 74,000 USD ($ 100,000 AUD) in federal grant money to fund its new system.
A public blockchain project founded by former members of Alibaba’s blockchain arm has raised over $ 20 million in a combined token and equity sale.
The small Baltic nation of Estonia has backed down on its plan to create a national cryptocurrency after drawing heat from Italian economist and President of the European Central Bank Mario Draghi, as well as local banking authorities. Now, the Estcoin will simply be used as an incentive for e-residents.
Estonia’s cryptocurrency project, Estcoin, will “definitely not be a national ‘cryptocurrency,” after receiving pressure from banking authorities. According to Estonia’s head of IT strategy, Siim Sikkut, the digital token will now merely be offered as an incentive to foreigners using Estonia’s electronic identification to sign documents and set up companies remotely.
A new open-source think tank oriented around blockchain technology has been formed and has announced its first initiative, JOBS Crypto Offering, which aims to solve the regulatory issues surrounding initial Coin Offerings (ICO).
The newly announced Institute for Blockchain Innovation (IBI) has nearly 60 members, including global leaders in banking and technology. Companies include Finova, Indiegogo, 500 Startups, Ausum Ventures, Salesforce, Raiffeisen Bank International and BPC Banking Technologies. According to the press release, “The new think tank brings together the world’s innovators in both the traditional and the blockchain/crypto financial systems, along with leaders from corporate, academic, regulatory, entrepreneurial, venture capital, and governmental backgrounds.”