Bitcoin Futures Exchange Bakkt Raises $182.5 Million from BCG, Microsoft, Pantera Capital, and Others

Bitcoin Futures Exchange Bakkt Raises $182.5 Million from BCG, Microsoft, Pantera Capital, and Others

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Bitcoin enthusiasts are off to a promising start for 2019 as Bakkt announces the completion of a $182.5 million funding round from a host of influential venture capital funds. ‘Bakkt’ by the Biggest Bakkt was launched by the Intercontinental Exchange (ICE), the parent firm of the New York Stock Exchange, along with several other influential…

Grant Thornton Attests USDC Is Backed by Fiat, Huobi Sets Up Communist Party Branch

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In exchange news, we look at a major accounting firm’s attestation that all USDC tokens issued by Circle are fully backed by fiat dollars. We also focus on a Huobi Group subsidiary that has set up a Chinese Communist Party branch, as well as Bakkt, which has listed the reasons behind its move into bitcoin.…

Report: NYSE Owner ICE Weighs Bitcoin Trading Platform Launch

Report: NYSE Owner ICE Weighs Bitcoin Trading Platform Launch

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Intercontinental Exchange, the firm that owns the New York Stock Exchange, is developing a bitcoin trading platform, according to a report.