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Cumberland Launches Crypto Trading Platform for Institutions

“Cryptocurrency trading firm Cumberland announced on Tuesday that it has launched a spot trading platform for its customers” writes David Kimberley for financemagnates.com. Called Marea, the new platform will allow clients to place orders online and interact with members of the Cumberland team.With retail interesting petering out, market makers, brokers and exchanges are turning their attention to the institutional trading world. In some ways, pursuing the latter model could be a positive for the cryptocurrency trading world as lots of poorer investors losing money tends to lead to greater regulatory…

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Google’s new cloud boss just made his first acquisition

“In May, Google Cloud announced it would acquire Velostrata, an Israeli cloud migration startup” writes Rosalie Chan for businessinsider.com. With Alooma, Google Cloud hopes to attract more enterprise customers and move them onto its cloud, giving them access to its database, analytics, security and artificial intelligence services.The acquisition is the first publicly announced deal since Kurian, an Oracle veteran, replaced Diane Greene as the head of Google’s cloud business at the start of the year. Source: businessinsider.com

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Financial Firm Offers ‘Almost Instantaneous’ Loans Up to $30,000 With Crypto as Collateral

“A financial company is giving crypto holders the opportunity to take out cash loans while using their digital assets as collateral” writes Connor Blenkinsop for cointelegraph.com. Meanwhile, YouHodler believes its product helps traders leverage their crypto portfolio with additional cash in order to buy further digital assets.Six cryptocurrencies are accepted as collateral, including Bitcoin, Litecoin, Ethereum, XRP, Bitcoin Cash and BSV. Others, including XLM, Dash and ZCash, are said to be in the pipeline. Instead, the platform wants to adopt a more user-friendly, fast and sustainable approach than old-fashioned institutions…

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Report: Apple buys voice tech platform PullString

“In the fall of 2017, PullString launched a platform that was completely oriented toward creating voice apps for Alexa, by non-technical users” writes Barry Levine for marketingland.com. If Apple does integrate the Pullstring acquisition in that way, Siri could become a substantial resource in marketers’ toolkit.At the moment, there is no dominant platform for building voice-based agents by non-technical users, and an Apple-based Pullstring could fill that bill. Source: marketingland.com

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Creators on Instagram and other platforms made nearly $7 billion, study says

“According to the study, nearly 17 million Americans earned an estimated $6.8 billion across nine internet platforms in 2017” writes Matt Binder for mashable.com. Creators in the U.S. are earning more than ever on internet platforms like Instagram, YouTube, and Tumblr — nearly $7 billion, according to a new study.Out of all the U.S. states, researchers found that California has the most people generating earnings online with more than 3.2 million creators, followed by New York with nearly 2 million creators, and Texas, with more than 1 million creators.The report…

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This US tech start-up helped a maker of football helmets tap investors with new VC funding platform

“Similarly, Modumetal, a start-up from Seattle, brought in $14 million through Buttonwood in funding led by Vulcan Capital” writes Callum Burroughs for businessinsider.com. “Usually companies pitch to investors one at a time before they do their own due diligence, this is the opposite now the investors are invited to opportunities at some incredible companies.”. The company raised $28.5 million in funding through Buttonwood in an oversubscribed deal that took just three months to complete.Founders must pitch their wares to investor after investor hoping to drum up enough interest in the…

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Moscow Blockchain Cluster Needs Intellectual Property Mechanism, Says Expert

“The Moscow-based blockchain innovation cluster needs a mechanism for assessing intellectual property, says the founder of blockchain platform Universa.io, Aleksandr Borodich” writes Ana Alexandre for cointelegraph.com. The plans to launch a blockchain-based city innovation cluster by summer 2019 were initially announced by the Moscow municipal government earlier in February. Starting this year, the Russian Federal Service for Supervision in the Sphere of Education and Science, (Rosobrnadzor) will also implement blockchain technology in the country’s main graduation examination.Speaking at the Russian Investment Forum in Sochi, Borodich reportedly stated: Earlier this week,…

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NEO Blockchain Platform Opens Seattle Office Headed by Ex-Microsoft Exec

“Chinese blockchain platform NEO will open an office in United States city of Seattle, according to an official announcement shared with Cointelegraph on Feb. 15” writes Aaron Wood for cointelegraph.com. The NEO Global Development (NGD) Seattle office will open and begin recruitment this month, purportedly allowing the company to expand into the U.S. market.The new office will be headed by ex-Microsoft executive John deVadoss. NEO is currently developing NEO 3.0, an upgrade to its blockchain that will “bring faster transaction speeds, greater stability and expanded application programming interfaces for smart…

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Barclaycard Integrates B2B Payments Tech To SAP Ariba

“In a press release sent to PYMNTS, Barclaycard Commercial Payments said it has struck a partnership with SAP to integrate its B2B payments solution, Precisionpay, into cloud procurement platform SAP Ariba, enabling businesses to pay their vendors via Barclaycard” reports pymnts.com. Barclaycard and SAP are partnering up to accelerate B2B payments, the companies announced today (Friday, Feb. 15).The integration will roll out later this year with the addition of Precisionpay Bank Transfer within the SAP Ariba platform.That same year, SAP Ariba launched its B2B procurement platform into China. Source: pymnts.com

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