Colorado Blockchain Bill Voted Down In State Senate

HB 1426, a piece of state legislation that would have created guidelines for identifying “open blockchain tokens” as securities, was voted down in the Colorado state Senate on May 9, according to public records. The bill passed handily in the state House of Representatives, but was more controversial in the senate. According to the Denver Post, the final hours of the legislative session saw a split in both political parties. Lawmakers initially passed the measure by one vote, but the Read more …

Tron (TRX/USD) Price Technical Analysis for 05/10/2018 – Where Buy Orders Are Waiting

Tron Price Key Highlights Tron is still in correction mode as it waits for bulls to return at nearby support zones. Applying the Fibonacci retracement tool on the latest swing low and high shows that the 61.8% level lines up with an area of interest. If bulls are eager to charge, the higher Fibs might be enough to keep losses in check. Tron is in correction from its recent upside break and rally, with bulls waiting at the Fibonacci retracement Read more …

JP Morgan’s New DLT Lead: We’re Not Done With Blockchain Innovation

As JP Morgan Chase’s new blockchain lead, Christine Moy has big shoes to fill. And a quandary to resolve. Moy took over last month from Amber Baldet, one of the most prominent figures in blockchain, after she left to form an as-yet-unnamed startup. Around the same time, Baldet announced her departure, word leaked out that JP Morgan was considering a spin-out of Quorum, the ethereum-based, open-source project that had been the cornerstone of the bank’s blockchain work. To be clear, Read more …

A Brief History of Hidden Messages in the Bitcoin Blockchain

Blockchain People have been hiding messages in the bitcoin blockchain ever since the genesis block was mined. While most aren’t as famous as Satoshi’s Times headline of January 3 2009, each one will live for as long as bitcoin does, testaments to mankind’s obsession with steganography, spam, and unorthodox marriage proposals. Also read: No, There Isn’t Child Porn on the Bitcoin Blockchain The Bitcoin Blockchain Is Riddled with Messages There are six ways to encode messages in Read more …

Bitcoin Price Technical Analysis for 05/10/2018 – Bulls Defend $9,000 Again!

Bitcoin Price Key Highlights Bitcoin price bounced off the bottom of its rising channel and looks ready for a move back to the top. The Fibonacci extension tool shows the next upside targets from here. However, technical indicators are suggesting that the selloff could still resume. Bitcoin price found support at $9,000 once more and could set its sights higher, but technicals still reflect bearish pressure. Technical Indicators Signals The 100 SMA is crossing below the longer-term 200 SMA to Read more …

Weiss Ratings Calls Out Warren Buffett, Says Cryptocurrencies Have 3 Levels of Significant Value

Martin Weiss, the founder of Weiss Ratings and the newly-launched Weiss Cryptocurrency Ratings, took the time to dispute Warren Buffett’s unnecessarily negative remarks regarding Bitcoin and other cryptocurrencies at Saturday’s Berkshire Hathaway shareholder meeting. Three Levels of Significant Value In response to Buffett’s statements that Bitcoin is probably “rat poison squared” and creates nothing of value, Weiss noted that “many well-respected investment and financial experts seem to underestimate the tremendous benefits cryptocurrencies can provide in terms of speed, security, and decentralization.” Read more …

Skrumble Network Crowdfunding Sells Out in 1 Hour With the Help of LEEKICO and Announces First Exchange Listing

May 9th, 2018 – Sydney, Australia – LEEKICO, a one-stop-service ICO platform, successfully supported Skrumble Network (SKM), a project aiming to solve the data ownership crisis with a secure blockchain and application, in completing its highly anticipated token sale on May 5th, 2018. With LEEKICO’s support, Skrumble Network (SKM) reached their hard cap of 20,000 ETH, securing about $15 Million USD. Following the incredible success of their public sale, Skrumble Network announced via their 48,000 members Telegram group that they’ll Read more …

Blockchain Projects Aims to Become a Top-Tier Hybrid Cryptocurrency Exchange

Throughout 2017, the cryptocurrency market has proven to have tremendous value. The increasing popularity of ICOs as a more convenient way of raising capital to fund a startup has led to the materialization of decentralized asset trading among investors of all sorts. In late December of last year, the overall crypto market exceeded $1 trillion. In spite of the perks associated with cryptocurrency trading, there are drawbacks that prevent investors from diversifying their portfolios. Market regulations in countries like India Read more …

West Virginia Completes First Blockchain-Supported State Elections

Polls closed in West Virginia’s primary election May 8, completing the first government-run, blockchain-supported vote in US history, ETHNews reported May 9. While most voters cast regular ballots, special voters in certain districts voted on a mobile blockchain-based platform. The blockchain-based mobile voting platform, developed by Voatz, was only available to a select group of voters. Participants were deployed military members, other citizens eligible to vote absentee under the Uniformed and Overseas Citizens Absentee Voting Act (UOCAVA), and their spouses Read more …

Ethereum’s EIP:0 Attendees Commit to Governance Plan

Several stakeholders in the ethereum community have pledged support for a governance plan produced by attendees of the EIP:0 Summit. Organizers behind the EIP:0 Summit, the invite-only ethereum community meet-up that has drawn criticism, committed to four new governance steps on Wednesday, according to a statement. Notably, Parity Technologies, Aragon and the  Web3 Foundation, among others, have already pledged their support in signing the statement of intent. As previously reported by CoinDesk, the two-day summit hosted earlier this month addressed governance issue Read more …

Ukraine’s Securities Commission Chief Seeks Legalization of Cryptocurrencies as Financial Instruments

Economy & Regulation The Chairman of the National Securities and Stock Market Commission of Ukraine has indicated the regulator favors a decision to recognize cryptocurrencies as financial instruments. Timur Khromayev thinks it’s time to take the matter to the country’s Financial Stability Council. The point of no return has been passed, he says.   Also read: Ukraine to Legalize Crypto Mining as Economic Activity Beyond the Point of No Return Ukraine’s securities regulator is expected to raise Read more …

Chinese Bitcoin Mining Giant Set for $1 Billion IPO in Hong Kong

Unconfirmed reports indicate that Canaan Creative is gearing up for a $1 billion IPO in Hong Kong. The Chinese Bitcoin mining hardware manufacturer had earlier announced plans for an IPO outside of mainland China. If successful, Canaan will become the first blockchain enterprise to be listed on the Hong Kong Bourse. Hong Kong and Not the United States Reports emerged in April that Canaan Creative was eyeing an IPO. At the time, the available narrative indicated that the IPO would Read more …