Maker Foundation Tried and Failed to Register ‘DEFI’ Trademark

In a bid to keep the decentralized finance space free of scam artists, DeFi ecosystem Maker attempted to trademark the term “DEFI.” According to the United States Patent and Trademark Office (USPTO), the Maker Ecosystem Growth Foundation registered a trademark application for DEFI last January. Slang for ‘decentralized finance,’ the trademark was not granted and […]

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Rep. Waters Says Congress Will Continue Review of Facebook’s Libra

The chairwoman of the U.S. House Financial Services Committee has said that the body will continue scrutinizing Facebook’s cryptocurrency, Libra. Congresswoman Maxine Waters (D-CA) released a statement on August 23 that provided a planned schedule for fall 2019. Included on the list is  a pledge to carry on with a review of Libra as well […]

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Facebook’s Libra Backers Are Having Second Thoughts. No Surprise Here

Facebook’s Libra may have some early ship-jumpers as some of its first backers are reportedly distancing themselves from the project over regulation. | Source: AP Photo/Marcio Jose Sanchez, File By CCN Markets: Facebook’s Libra project could be dead on arrival. If it does launch, it probably won’t be anything like what was originally proposed by […]

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Crypto Exchange OKEx Pounds the Table on 34% Bitcoin Price Surge

Crypto exchange OKEx believes the bitcoin price will surge 34% to $14,000 this year, thanks to a little help from the Federal Reserve. | Source: Shutterstock By CCN Markets: Crypto exchange OKEx isn’t concerned that the bitcoin price appears to have hit a wall just above the $10,000 mark. In fact, the industry giant believes […]

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Dow Crashes 550 Points, Erases Weekly Gains in 15 Brutal Minutes

The Dow crashed more than 500 points, erasing ALL of its hard-fought weekly gains during a brutal 15-minute tailspin. | Source: REUTERS / Brendan McDermid By CCN Markets: The Dow and broader U.S. stock market plunged anew on Friday after President Trump unleashed a fiery tweetstorm urging American businesses to shift their production domestically and […]

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This Little-Known Indie Studio Just Stood Up to Epic Games

Little-known indie studio Unfold Games just stood up to Fortnite creator Epic Games, and fans are labeling the DARQ producer a hero. | Source: Unfold Games By CCN Markets: When Epic Games tried to force the creator of DARQ, a promising indie horror title, to sign an exclusivity contract, the fledgling indie developer refused to […]

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Mobile Fuels Gaming’s Ascent to $152B, Transforms Gamer Image

Perceptions of gaming and the identity of the average gamer are on the cusp of changing thanks to the rising popularity of mobile games. | Source: Shutterstock By CCN Markets: Perceptions of gaming and gamers are on the cusp of changing thanks to the rising popularity of mobile games. This year alone, the value of the […]

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