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John McAfee retains law firm to fight U.S. government’s securities, tax charges

John McAfee retains law firm to fight U.S. government’s securities, tax charges

Gordon Law Group, a tax law firm, will defend McAfee on both his tax evasion and securities fraud charges.

The post John McAfee retains law firm to fight U.S. government’s securities, tax charges appeared first on The Block.

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Publicly-listed app maker Meitu buys another $49 million in ETH and BTC via subsidiary

Meitu said the bitcoin acquisition would compose part of Miracle Vision’s treasury, while the ether purchase is part of wider product plans.

The post Publicly-listed app maker Meitu buys another $49 million in ETH and BTC via subsidiary appeared first on The Block.

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Morgan Stanley to offer wealth management clients access to bitcoin funds: source

Morgan Stanley alerted its wealth management advisors Wednesday that the Wall Street giant will begin offering access to at least one bitcoin-related fund to accredited wealth management clients.

The post Morgan Stanley to offer wealth management clients access to bitcoin funds: source appeared first on The Block.

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Publicly listed Chinese manufacturer buys Filecoin miners worth $90 million

Shenzhen-listed factory equipment maker New Universal has announced it is moving into the IPFS mining space.

The post Publicly listed Chinese manufacturer buys Filecoin miners worth $90 million appeared first on The Block.

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Morgan Stanley: ‘Threshold being reached’ on crypto as an investable asset class

A new investor note penned by Morgan Stanley’s wealth management unit, dated Wednesday, outlines a case for cryptocurrency as an emerging investable asset class.

The post Morgan Stanley: ‘Threshold being reached’ on crypto as an investable asset class appeared first on The Block.

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Coinbase files revised S-1 form, to float about 115 million shares in the market

Crypto exchange Coinbase filed an amended S-1 form on Wednesday, disclosing that it has registered about 115 million shares for its direct listing on Nasdaq.

The post Coinbase files revised S-1 form, to float about 115 million shares in the market appeared first on The Block.

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Livepeer: a dark horse in the decentralized compute stack?

Quick Take

  • Livepeer is a protocol for decentralized video streaming. The project has raised a total of $11 million. Investors include Northzone, Multicoin Capital, and Digital Currency Group (among others)
  • The primary argument in favor of Livepeer is that it can cut video streaming costs by bringing a latent supply of GPU miners to live video transcoding
  • After a quiet period, Livepeer may be starting to see demand — 350k minutes of streaming in the past week and e.g. a new video streaming platform File.Video built on Livepeer and IPFS

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Crypto exchange Kraken plans to go public next year via a direct listing

Kraken plans to go public next year via a direct listing, a spokesperson of the cryptocurrency exchange told The Block.

The post Crypto exchange Kraken plans to go public next year via a direct listing appeared first on The Block.

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BitMEX founder Arthur Hayes intends to surrender next month on a proposed $10 million bail

BitMEX founder and former CEO Arthur Hayes intends to voluntarily surrender to U.S. authorities next month on a proposed $10 million bail.

The post BitMEX founder Arthur Hayes intends to surrender next month on a proposed $10 million bail appeared first on The Block.

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Bank of Japan to begin central bank digital currency experiments later this year

Reuters reported today that BoJ Governor Haruhiko Kuroda said the bank must “prepare thoroughly” to issue a CBDC.

The post Bank of Japan to begin central bank digital currency experiments later this year appeared first on The Block.

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