Blockchain

One Cryptocurrency to HODL, Two to FODL (YOYO, BCHABC, BCHSV)

Forks can be beneficial to the cryptocurrency space. This is specifically true when they add desired attributes to underlying cryptocurrencies. In many instances, forks do not bring any benefit but are the result of infighting. Cryptocurrency Chaos: BCHSV and BCHABC Cryptocurrencies dealing with infighting and hash wars should be avoided while coins reaching milestones with […]

Blockchain

New York Regulator Issues BitLicense to NYDIG For Custody and Trading

New York State Department of Financial Services (NYDFS) has approved cryptocurrency-related company NYDIG’s application for a digital currency license and a money transmission license. Bitcoin Custody Approved in New York State The NYDFS has formally authorized cryptocurrency-related company NYDIG to offer secure custody as well as trade execution services for several virtual currencies including Bitcoin […]

Blockchain

$30M Shanghai-Based Cryptocurrency Trading Fund to Launch in Early 2019

Shanghai-based digital asset management company is reportedly set to launch a new cryptocurrency trading fund in partnership with an unnamed licensed asset manager in Hong Kong. Cryptocurrency Trading Fund: Arbitrage Strategy Point95 Global – a digital asset management firm based in Shanghai, is reportedly planning to set up a new cryptocurrency trading fund in partnership […]

Blockchain

Singapore Central Bank ‘Demonstrates’ Value of Blockchain With Tokenized Assets

The Stock Market and Central Bank of Singapore have successfully developed a blockchain-based settlement system for tokenized assets in partnership with some big names like Nasdaq, Anquan Capital, and Deloitte. Singapore Central Bank Seeks Faster Settlement Bitcoinist reported earlier in August that the Monetary Authority of Singapore (MAS), which is also the city-state’s de facto […]

Blockchain

Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors

Sharia-compliance finance is becoming a field of choice for several fintech companies as regulators and market participants in the Middle East seem keen on attracting new business. Now, Swiss-based cryptocurrency firm X8 has become the latest to acquire an Islamic finance certification. Islamic Finance Certified for Mid-East Expansion X8 AG, a cryptocurrency and fintech startup […]

Blockchain

Meet Mattereum, a ‘Deeply Weird’ Startup, Hoping to Transform Smart Contracts

Mattereum, an unorthodox startup, hopes to revolutionize the world of smart contracts by transforming them into enforceable legal contracts. High Weirdness in London TechCrunch’s Jon Evans notes that Mattereum’s project has been kindling in London for roughly a year-and-a-half, with an eclectic “[…] team of lawyers, cryptographers, software engineers, and/or former military consultants.” The project revolves around an attempt […]

Blockchain

After Midterm Elections, ‘Experts’ Vehemently Oppose Blockchain Voting

After this week’s highly-fraught midterm elections, some commentators believe that blockchain is more useless than ever for voting. After Tuesday’s crucial midterm elections, commentators — many of them academics and researchers — reinforced the importance of traditional voting methods, offering a strong critique blockchain. Midterm Voices   NBC’s Jasmin Boyce reported on a number of voices that […]

Blockchain

EtherDelta Founder Charged with Operating ‘Unregistered Securities Exchange’

The Securities and Exchange Commission (SEC) pressed formal charges against Zachary Coburn, the founder of cryptocurrency trading platform EtherDelta, for not registering his company as a national securities exchange.   Required to Register According to an official press release, the SEC has taken action against the founder of digital token trading platform EtherDelta, Zachary Coburn. […]