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Cryptocurrencies have mostly become a game of highly capitalized institutional investors known as venture capitalists (VC), often described as a “predatory” dynamic. As the Securities and Exchange Commission (SEC) continues with the cryptocurrency industry crackdown, VC-funded projects could offer increased risks.
Huawei Technologies Co is building a collection of secret semiconductor-fabrication facilities across China to let the company skirt U.S. sanctions, a Washington-based semiconductor association has warned, Bloomberg News reported on Tuesday.