Report: Number of ICOs in Q4 2018 Increased, But Raised 25% Less Than in Q3

Initial coin offerings (ICOs) in Q4 2018 raised 25 percent less than in Q3, while the total amount of completed ICOs increased, according to a report by ICO rating service ICObench shared with Cointelegraph on Feb. 6.

The number of ICOs completed in Q4 increased to 594 from 554 in Q3, the report says.

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Russia Reports 15% Increase in Number of Crypto Mining Companies

Economics

The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year.

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World’s Number Four Telecoms Provider Files Blockchain Contract Storage Paten

The world’s fourth-largest telecoms provider, Japan’s Nippon Telegraph and Telephone (NTT), has filed a patent for using blockchain tech for contract agreement, according to a U.S. Trademark and Patent Office (USPTO) release on July 19.

NTT’s patent application writes that a problem with contracts on blockchain is that each transactions “contains only the electronic signature of the sender” as the “evidence of contract agreement by the receiver is not left in the transaction.”

The patent suggests a “simple,

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