*Inspired by true stories At CoinDesk, we believe that you can put a blockchain on, in or next to anything. (It’s possible that we may even be blockchains). And certainly there’s no better place that blockchains can solve a real-world problem than here at CoinDesk. Let’s face it, today’s reporters struggle to cover the cryptocurrency space. From not using every article to highlight the benefits of HODLing to letting some nocoiners just show up and yap FUD, we know our reporters Read more …
Technology & Security Telegram is great…when it works. Unfortunately, the crypto world’s favorite messaging app is prone to periodically going down due to technical failures and what seems like repeated attempts by the Russian security services to meddle. Over-reliance on Telegram is a classic case of over-centralization. For cryptocurrency projects seeking a fallback alternative, the following options are worth a look. Also read: Japan’s SBI Unveils New Plans to Start an Exchange for Major Cryptocurrencies Telegram’s Centralized Tech Read more …
The Australian Securities and Investments Commission (ASIC) said Tuesday that it is taking aim at fraud in the initial coin offering (ICO) market. In a statement published May 1, the agency said that it is “issuing inquiries to ICO issuers and their advisers where we identify conduct or statements that may be misleading or deceptive.” Additionally, the securities watchdog suggested that it was moving to halt unlicensed activity as well. “As a result of our inquiries, some issuers have halted their Read more …
Bitcoin is part currency, part security, and part digital coin according to the head of the Commodity Futures Trading Commision (CFTC). CFTC Chair Struggles to Define Bitcoin As the ecosystem around Bitcoin and cryptocurrency continues to evolve the various regulatory bodies in the US still struggle to define what it is so to create a framework in which it can be controlled. Today the Chairman of the CFTC, J. Christopher Giancarlo, went on CNBC’s Fast Money and announced that Bitcoin is Read more …
Join our community of 10 000 traders on Hacked.com for just $39 per month. The Australian Securities Exchange (ASX) has said it will implement a blockchain-based post-trade system from as early as Q4 2020, replacing the current Clearing House Electronic Subregister System (CHESS) system. A public consultation paper released by the ASX outlines planned new features, alongside a two-and-a-half year implementation plan. The paper confirmed that The ASX will use a new distributed ledger technology to manage the Australian financial Read more …
The world of trading has always been an exclusive place; The domain of the rich and well-connected, it’s been traditionally tough to break into the stock market as a newcomer. Today, there’s a whole new market beginning to emerge. Cryptocurrency, since its inception just under a decade ago, has been a source of fascination for people in the financial universe. Bitcoin’s value has skyrocketed over the last few years, increasing by ten times in just a year and a half. Read more …
Circle Invest is set to add Zcash to its cryptocurrency trading portfolio. Circle, the payments startup firm announced this in a blog post on April 30. Zcash becomes the sixth cryptocurrency in the Circle Invest trading catalog. Zcash Support The addition of Zcash is the first of many announcements scheduled for the next three weeks. Hello, Zcash . A new coin just joined the Circle Invest family, and it's available for you to buy right now. Learn more here: https://t.co/pR0y6T1H2K Read more …
Sharing economy startup Origin has tapped a PayPal co-founder and early YouTube employee as its latest hire. Yu Pan, who is also a former Google employee and the co-founder of Kiwi Crate, an educational subscription kit service for kids, is the company’s newest research and development engineer, co-founder Josh Fraser told CoinDesk. His role will be to spearhead the research team as the startup continues to grow. As previously reported by CoinDesk, Origin’s open source protocol facilitates the development of Read more …
The initial coin offering industry has attracted a lot of attention. Projects have raised hundreds of millions with relative ease. That momentum is seemingly coming to an end as of right now. Funding of ICOs throughout April was the lowest in the past eight months. An unsurprising development, although the total amount of money raised is still pretty significant. What is Going on With the ICO Industry? The past year has been rather crazy for all initial coin offerings. Various Read more …
The Daily From hit TV shows to viral ads, the bitcoin revolution is inspiring the creative minds who shape modern pop culture. Two recent examples come from HBO’s Silicon Valley and the Oscar Mayer meat company which created its own “bacon-backed cryptocurrency”. These stories and more are in today’s edition of Bitcoin in Brief. Also Read: Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance Bacoin Oscar Mayer, the meat brand owned by the world’s Read more …
The Hong Kong Financial Services and Treasury (FSTB) released a report yesterday, April 30, on the status of money laundering (ML) and terrorism financing (TF). The report concluded that virtual currencies (VC), like Bitcoin (BTC), are not particularly involved in either type of financial crime. The FSTB notes that “although there is inherent ML/TF vulnerability related to VCs”: “There does not seem to be any visible impact affecting the overall risk in Hong Kong so far. The risk of VCs Read more …
Join our community of 10 000 traders on Hacked.com for just $39 per month. Japanese financial services giant SBI Group is reportedly planning a summer launch of ‘SBI Virtual Currencies’, its cryptocurrency exchange, this year. According to Business Insider Japan, SBI Holdings president Yoshitaka Kitao has confirmed the long-awaited full-scale launch of SBI Virtual Currencies in what will be the country’s first wholly bank-owned cryptocurrency exchange. The executive made the revelation during a press briefing on April 26th, stressing plans Read more …