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Japanese Blockchain Developer HashPort Group Raises $8.5 Million in Funding


In its latest funding drive, HashPort, the Japanese blockchain developer, has garnered a whopping 1.2 billion Japanese yen (equivalent to $8.5 million).  The Series C funding round was led by major players like Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners,...

SEC Chair Gary Gensler Raises Concerns About Fraud in Crypto Market


Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), has voiced concern regarding the prevalence of fraud in the crypto market. In a Thursday interview with Bloomberg, Gensler said that the crypto market is "rife with fraud, rife with hucksters." He added that while there...

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