Month: September 2017

According to a report by CNN Money, the U.S. Commodity Futures Trading Commission (CFTC) announced this week that it would file suit against a man and his New York-based company over an alleged Ponzi scheme involving bitcoin. This marks a historic (or perhaps notorious) first: the first time that the U.S. government has filed a fraud suit involving bitcoin, the world’s leading cryptocurrency. The individual in question is Nicholas Gelfman of Brooklyn, New York, and the related company is a Read more …

AERO Token: Chain of Connectivity After months of quiet work from an incredibly talented and immensely dedicated team, it is a true pleasure to unveil AERO Token, an Ethereum-based blockchain technology that will enable a drone superhighway. Using AERO Token, property owners (i.e. hosts) may grant and are compensated for providing temporary Right-of-Way avigation easements to authorized drone service providers in exchange for income. AERO Token provides a missing technological and legal mechanism necessary to enable and easily facilitate the Read more …

Everyone in the cryptocurrency world will be aware of how Bitcoin Cash is performing these days. Over the past few weeks, more and more companies enabled support for BCH. This also reflects upon how the overall trading volume is slowly heading in the right direction right now. Especially on OKEx, things are significantly improving right now, which is pretty impressive. It is good to see some new trading platforms make a big impact in this market. Trading Bitcoin Cash is Read more …

What’s behind bitcoin’s recent lethargic price action? Well, for one, investors appear to be waiting on the sidelines as they seek clarity out of China following news that the country’s exchanges will shut down operations by October’s end. Traders, it seems, are in no mood to take up big positions, as evidenced by the drop in the volumes. But, coinciding with this decline has been lack of substance in the bitcoin-U.S. dollar (BTC/USD) exchange rate. After a rally from the September 15 Read more …

Management theory, in broad terms, deals with the relationship between managers and business entities. Inherent in this relationship is the principal-agent problem. This problem arises because the interests of a manager (agent) can — and often do — diverge from the interests of the owners of the business (principal) that he or she is managing. Classic management incentivization: the carrot and the stick Business organizations mitigate the principal-agent problem by use of incentive games that better align manager and business owner interests. Example 1 Read more …

Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium founded by cash settlement system provider CLS Group. Revealed today, the London-based bank will now work alongside the group’s other members, including JPMorgan Chase, Goldman Sachs and Bank of China, in a bid to bring new levels of efficiency and security to the forex settlements industry. First revealed last year, the CLS consortium specifically aims to use the open-source Hyperledger Fabric blockchain to create new channels for Read more …

Talking Points – Bitcoin (BTC) continues to struggle to reclaim recent losses with the downtrend from the early September high still in place. – Fibonacci resistance may soon turn to support leaving further gains possible. The DailyFX Bitcoin Glossary is designed to provide traders with a reference for important terms and concepts essential for understanding the emerging cryptocurrency universe. Bitcoin (BTC) Needs to Break above $3812 to Push Further Ahead A relatively quiet few sessions for BTC leaves the digital Read more …

Data is rapidly becoming the most valuable commodity around. Enterprise-level companies have embraced data analytics for sales, market analysis and customer retention, among other things. But with the rush to big data, a deeper philosophical question arises. Who owns the data that companies access and use for monetizing industries? Do the consumers who create the data own the data or do the platforms used for the data own the data? Data creators like photographers, writers and 3D image developers are seeking Read more …

For public health practitioners, the ability to quickly collect, analyze and take action on data is paramount to containing the spread of a deadly new virus or disease. But despite the advent of big data technologies, collecting this information today remains a highly cumbersome and time-consuming process, explains Jim Nasr, chief software architect at the Centers for Disease Control and Prevention, the arm of the U.S. Department of Health and Human Services tasked with combating the spread of preventive and chronic Read more …

Lots of deals are made every day, from products and services to freelancing and real estate. And these deals don’t come easy, but with loads of bureaucracy forcing one to spend time, resources and money to wade through it. The deal-making process may involve hiring a third party, for a hefty charge just to see things through. And by chance things go south, again one must hire someone to resolve the disputes. Confideal aims to change all these by upgrading Read more …

Binance – – the world’s fastest growing cryptocurrency exchange – announced that Kyber Network Crystals (KNC), platform token of Kyber Network will be tradable on Binance.com on September 26, UTC 4 am.  Users can deposit KNC starting today. Kyber Network is a Singapore based decentralized and trustless exchange that facilitates instant conversion of crypto-assets with guaranteed liquidity. The Kyber Network protocol will be key to promote liquidity of crypto-assets in the blockchain ecosystem, and improve the perception of tokens as Read more …

Japan’s Financial Services Agency (FSA) will begin more closely monitoring cryptocurrency exchanges from next month. According to the Japan Times, the increased scrutiny is aimed to ensure that the companies comply to the revised payment services law, passed in April this year, which set out operational standards for exchanges, as well as recognizing bitcoin as a form of legal tender. An FSA executive reportedly indicated the surveillance is intended both to regulate the exchanges and to ensure the healthy growth of Read more …