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Austin, Texas-based blockchain as-a-service (BaaS) technology company Factom, Inc. announced in a press release CoinReport received closing of its Series A funding round at $8,029,796. The round was extended following the launch of the company’s mortgage product, Factom Harmony....

While Greek Finance Minister Yanis Varoufakis’s tweet on April 1 about his country adopting Bitcoin may have been in jest, some financial technology experts say an asset-backed digital currency could be a solution to Greece’s cash crisis, reported Reuters. The country faces €1.5...

On Monday, Tether, which created the world’s first layer on the Bitcoin blockchain that converts fiat currency into 1-to-1 backed cryptocurrency, and Factom, which creates a general purpose data layer for the blockchain, announced a partnership in which Tether will leverage the...