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British cryptocurrency market sold in one of industry's biggest ever deals

British cryptocurrency market sold in one of industry's biggest ever dealsA British cryptocurrency company founded by former bankers has been bought for at least $ 100m (£77m) in what is being described as one of industry's largest ever deals.  London's Crypto Facilities, which allows trading in Bitcoin futures and derivatives, has been acquired by San Francisco-based Kraken, one of the world's largest cryptocurrency exchanges, for a “nine figure sum”. Kraken did not disclose the exact number but lawyers at Hogan Lovells who advised the British company on the deal confirmed it was “one of the largest M&A; deals the emerging crypto industry has seen”.  The deal merges one of the world’s largest global websites for trading Bitcoin and other coins with the most popular futures markets. It will boost confidence that the cryptocurrency industry, which appeared to have fizzled out somewhat after hitting a peak at the end of 2017, still has life in it. Bitcoin has fallen to around $ 3,500 (£2,700), well below its peak of $ 20,000.  Crypto Facilities is regulated by Britain’s finance watchdog and allows customers to trade futures on six cryptocurrencies including Bitcoin. The company launched its exchange four years ago and was founded by Timo Schlaefer, a former Goldman Sachs executive in London, and Jean-Christophe Laruelle, who worked for BNP Paribas. Kraken chief executive Jesse Powell said that he believed the industry no longer presented “a get rich quick opportunity or mentality as there was 12 months ago” but compared cryptocurrency to the stock market. “If there’s a bear market it does not mean stocks are dead and everyone should abandon working in securities,” he said.  Total value of all cryptocurrency on the market He claimed the company had been “grateful” for the cryptocurrency chill after a period where “everything was on fire and we are no longer getting 50,000 people signing up per day” as it relieved pressure on technology, giving some respite for improvements before the next wave.   Crypto Facilities is regulated by Britain’s finance watchdog and allows customers to trade futures on six pairs of cryptocurrency including Bitcoin, Ethereum, Ripple, XRP, Litecoin and Bitcoin cash. Kraken has been on a shopping spree since 2016, acquiring Coinsetter, Cavirtex and CleverCoin along with wallet – or crypto storage – service Glidera and tracking website Cryptowatch. It is backed by private investors. It is understood to have laid off a number of staff in its California headquarters toward the end of last year.



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The 10 Most Expensive Cars Sold at Auction in 2018

The 10 Most Expensive Cars Sold at Auction in 2018



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Top 10 pet Halloween costumes sold on eBay

Top 10 pet Halloween costumes sold on eBayPicking the perfect Halloween costume for yourself is already a lot of work –



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Winning lottery ticket sold in South Carolina for $1.5 billion jackpot

Winning lottery ticket sold in South Carolina for $  1.5 billion jackpotThe ticket was sold in Simpsonville, South Carolina, at a KC Mart convenience store, the city’s Mayor Janice Curtis said in a telephone interview on Wednesday. The town of 22,000, about 14 miles from Greenville, was abuzz as people clamored to learn more about the winner, but in South Carolina, the person who hit the jackpot can opt to remain anonymous. The buyer of the ticket beat the odds of 1 in 303 million to win the Mega Millions drawing for one of the largest jackpots in U.S. history.



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Winning Mega Millions Ticket Sold in South Carolina: Is This the Luckiest Store in America?

Winning Mega Millions Ticket Sold in South Carolina: Is This the Luckiest Store in America?One lucky winner purchased the $ 1.6 billion-winning ticket in Simpsonville, South Carolina.



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1 winning Mega Millions ticket sold worth $1.6 billion

1 winning Mega Millions ticket sold worth $  1.6 billionOne Mega Millions winning ticket worth $ 1.6 billion was sold in South Carolina, lottery officials say.



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$1.537 billion Mega Millions ticket sold in South Carolina

$  1.537 billion Mega Millions ticket sold in South CarolinaCOLUMBIA, S.C. (AP) — Lottery officials say someone bought a ticket in South Carolina to win the Mega Millions jackpot with a final total of $ 1.537 billion, shy of the all-time world record.



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Mega Millions results: Lottery ticket sold in South Carolina wins world-record $1.6bn jackpot

Mega Millions results: Lottery ticket sold in South Carolina wins world-record $  1.6bn jackpotA lucky winner has potentially scooped a world record-breaking $ 1.6bn (£1.2bn) jackpot in the US Mega Millions lottery – becoming America’s newest billionaire. The $ 1.6bn jackpot is the largest prize in US history and comes with a cash option of $ 913m (£706m). Lottery officials in South Carolina said one ticket with all six winning numbers had been sold in the state.



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One winning lottery ticket sold in U.S. for $1.6 billion jackpot – lottery official

One winning lottery ticket sold in U.S. for $  1.6 billion jackpot - lottery officialOnly one ticket matches all six numbers in the Mega Millions lottery draw in the United States for a jackpot worth a record-setting $ 1.6 billion, a lottery official said early on Wednesday. The ticket, sold in South Carolina, matched the five numbers 5, 28, 62, 65, 70 and the Mega Ball 5 that were drawn on Tuesday night, a Mega Millions spokeswoman said. The buyer of the ticket beat the odds of 1 in 303 million to win the Mega Millions drawing for the largest jackpot in U.S. history.



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6-month sentence for man who sold bank accounts to Russians

6-month sentence for man who sold bank accounts to RussiansWASHINGTON (AP) — A California man on Wednesday was sentenced to six months in prison for unwittingly helping the Russian effort to disrupt the 2016 U.S. presidential election.



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