Investors in Overstock Crypto Subsidiary Reduce Investment from $404 Mln to $100 Mln

Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital will co-lead an investment of up to $100 million in tZERO, according to a press release on March 1. TZero is United States retail giant Overstock’s crypto-related subsidiary company.

Overstock founder and CEO Patrick Byrne revealed that GSR and Makara have signed a Memorandum of Understanding (MoU) to make the investment in tZERO’s common stock in April.

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China's Central Bank Warns Investors of ICO, Crypto Risks

China’s central bank, the People’s Bank of China (PBoC), has today, September 18, issued a new public notice “reminding” investors of the risks associated with Initial Coin Offerings (ICOs) and crypto trading.

The notice, released from the bank’s headquarters in Shanghai, reiterates the severe line that has been adopted by the country’s Office for Special Remediation of Internet Financial Risks,

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‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help

News

South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii Donskoi. Local media reported that the sale raised an estimated $53.5 million from about 124,000 investors.

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'Keep NEO One!' Investors Protest a Proposal to Make Crypto Coins Divisible

Tokens on the blockchain protocol neo may be indivisible – but it’s becoming apparent that its community is not.

Perhaps ironically, it’s the very notion of indivisibility that has proved contentious to the coin’s investors and users in recent weeks. More specifically, a Github proposal to change the structure of the NEO token – one of two tokens native to the network (GAS is the second) – has the project’s token holders up in arms.

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Prominent Investors Bullish on Bitcoin Reaching $8,100 With Strong Volume


Large-scale hedge fund operators, cryptocurrency traders, experts, and exchange operators have expressed their enthusiasm towards the short-term rally of bitcoin.

Experts React

On July 24, the price of BTC surpassed a major resistance level at $8,000, reaching $8,300 within a matter of hours. The daily peak of bitcoin was established at $8,363,

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