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Agustin Carstens: Banks Should Not Issue Digital Currencies
Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no. ” Crypto Isn’t Cool? Carstens has never been a fan of crypto, having likening bitcoin to a “bubble,” a “Ponzi scheme” and an “environmental disaster” in the past. дальше »
2019-3-23 02:33 | |
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It’s 2019 and IBM Is Still Trying to Find a Use Case for Blockchain
IBM claims that six banks will issue stablecoins using its World Wire protocol which is based on the Stellar network. According to the tech giant, three banks have publicly committed to the initiative, and the remainder will reveal themselves soon. дальше »
2019-3-20 21:50 | |
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Japan Introduces Stricter Regulation for Crypto Margin Trading
Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets. дальше »
2019-3-21 21:27 | |
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Decentralized Exchange Hodl Hodl Is Launching a Bitcoin-Based Prediction Market
Hodl Hodl, a peer-to-peer cryptocurrency exchange, has announced that it is launching a prediction market on Bitcoin. Slated for launch in the spring of 2019, it would be the first Bitcoin-based prediction market to go live on Bitcoin’s mainnet. дальше »
2019-3-9 00:16 | |
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TRON (TRX) Joins Forces with Tether to Issue TRC20 USDT Stablecoins
In a bid to increase liquidity on decentralized exchanges (DEXs) and make its network more accessible to enterprises and institutional investors, the Tron Foundation has inked a strategic partnership deal with Tether (USDT), according to a press release on March 4, 2019. дальше »
2019-3-6 02:00 | |
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Facebook Secretly Talking with Bitcoin Exchanges about Listing its WhatsApp Cryptocurrency
Facebook’s blockchain team has made a significant amount of progress on its secretive cryptocurrency project since Bloomberg first reported that the company was building a dollar-pegged stablecoin. дальше »
2019-3-1 21:13 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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Redditor Claims Theft of $70,000 in Life Savings Due to Critical Coinomi Wallet Bug
According to cryptocurrency investor Warith Al Mawali, he has lost all of his life savings in the tune of $60,000 to $70,000 on Coinomi, a widely utilized crypto wallet on Android. In a detailed report, Mawali claimed that a critical vulnerability found on the wallet led to the loss of user funds as it compromised the private key of his wallet. дальше »
2019-2-27 16:31 | |
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India’s Supreme Court Sets 4-Week Deadline for Government to Regulate Cryptocurrency
Time is running out for the Indian government and the Reserve Bank of India to ignore/wholesale ban cryptocurrency, according to a local publication called Inc42. Last April, as CCN reported, the RBI banned all financial institutions from working with cryptos. дальше »
2019-2-26 11:59 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Malta Looking to Issue all Educational Certificates on the Blockchain
Crypto-friendly Malta has expanded its blockchain technology pilot project from Blockcerts and Learning Machine, into a nationwide program. The initiative will allow all Maltese educational institutions to issue certificates on the blockchain, according to local news source Independent, on February 21, 2019. дальше »
2019-2-22 16:00 | |
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Blockchain Startup Hopes To Streamline Patent System
Innovators filed 3. 17 million patents in 2017, representing the eighth consecutive year of growth. In the same year, nearly 14 million patents were in force, according to the World Intellectual Property Organisation (WIPO). дальше »
2019-2-16 23:02 | |
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Coinbase Pays $30k Bounty for a Critical Vulnerability on its Platform
Coinbase, one of the leading cryptocurrency trading exchanges, submitted a $30k bounty on HackerOne for a fix to a critical issue found on its platform. This, according to a report by The Next Web, published February 13, 2019. дальше »
2019-2-15 10:00 | |
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The University of Bahrain to Start Issuing Certificates on Blockchain
The University of Bahrain will begin giving out their certificates to students on blockchains, according to a February 11, 2019 report, which states that this new initiative will solve the problem of transparency while helping to address the skill gap. дальше »
2019-2-14 20:00 | |
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More Bitcoin ETF hopes dashed after SEC says it’s ‘inappropriate’
According to a note from the Securities and Exchange Commission (SEC), an Exchange Traded Fund (ETF) put forward by Blockforce Capital’s Reality Shares ETF Trusts has been withdrawn. Reality Shares has requested its application to obtain the SEC’s approval of its ETF to be rescinded on the advice of the commission. дальше »
2019-2-14 12:23 | |
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Study Reveals Bitcoin Fees Can Be Cheaper Depending on the Timezone
Diar, a crypto firm focusing on data resource analyzing digital currency and assets, reported in its February 11, 2019, issue that Bitcoin fees depend heavily on the time zones in which users are living. дальше »
2019-2-13 20:30 | |
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Iran releases gold-backed cryptocurrency
Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »
2019-2-8 17:22 | |
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New Bizzabo Study Shows Nearly 4 out of 5 Attendees at Cryptocurrency Events Are Male
There have been several studies released in which they show that cryptocurrency market penetration is much stronger in men than in women. A recently released report confirms this issue. According to a recent study conducted by the event software platform Bizzabo, 79% of individuals registered to events are men. The company has covered 100 conferences […] дальше »
2019-1-31 09:07 | |
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Phishing Scam Hits LocalBitcoins, Clients Lose Funds
On January 26, 2019, clients of peer-to-peer bitcoin trading service LocalBitcoins were the targets of a phishing scam which resulted in the theft of a handful of bitcoins. дальше »
2019-1-31 18:40 | |
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IBM Answers Questions About Hyperledger Fabric Blockchain Performance and Scale
In a recent blog post, IBM aims at answering the questions and doubts that several individuals in the cryptocurrency market had about the Linux Foundation’s Hyperledger Fabric performance and scale. According to the company, there has been a lot of confusion and FUD related to this issue. According to IBM Hyperledger Fabric does not have […] дальше »
2019-1-30 02:13 | |
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South Korean Central Bank Of Korea (BOK) Will Not Issue A CBDC Digital Currency Soon
South Korea’s Central Bank Will Not Issue A Digital Currency Soon The Bank of Korea, which acts as the central bank of the Asian country, has recently affirmed that it would not issue a central bank digital currency (CBDC), a popular idea that many banks are considering at the moment. According to the bank, which […] дальше »
2019-1-29 21:20 | |
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Marshall Islands to Launch National Digital Currency Through Physical Blockchain Banknotes
According to a press release published January 28, 2019, Tangem, a company in the business of producing blockchain smart card wallets, is set to issue the physical notes of the Sovereign (SOV) – the world’s first ever “decentralized digital national currency”. дальше »
2019-1-29 22:00 | |
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Bitmain’s Crypto Mining Dominance is Dropping as New Data Shows BTC Mining is Becoming More Decentralized
According to recently released statistical data from Bitaps, it now appears as though BTC mining is gradually becoming more and more decentralized with each passing day— so much so that six transaction confirmations can now provide complete protection against the issue of ‘double spending’. дальше »
2019-1-19 20:13 | |
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QuadrigaCX Exchange is Still Struggling with Long Delays for Enabling User Funds Withdrawals
According to recent reports, the customers of a crypto exchange known as QuadrigaCX are still unable to withdraw their money, despite the fact that it has been a month since the exchange won its recent court dispute. дальше »
2019-1-18 18:59 | |
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Bitmain Continues to Downsize Amid Management Restructuring Reports
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam. дальше »
2019-1-15 00:45 | |
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India: Banks Threaten to Close Customer Accounts if They Use Cryptocurrencies
A group of banks in India has begun to issue warnings to customers threatening to close their accounts in the event that they are found to have performed acts involving the use of cryptocurrencies. дальше »
2019-1-13 08:42 | |
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Nevada Leads the Blockchain Movement in the US; Issues Digital Marriage and Birth Certificates
According to a report by AP News, published on January 7, 2019, Nevada has become one of the leading states in the US to encourage the use of blockchain technology for government administrative purposes. дальше »
2019-1-8 20:30 | |
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India May Legalize Bitcoin Under “Strong” Rules
India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. дальше »
2018-12-28 02:16 | |
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Facebook Developing a Whatsapp Crypto, Should the Bitcoin Community Be Worried?
It has been long been known that Facebook was working on a blockchain and crypto project. Most suspected that the new token would facilitate payments for Facebook’s 2. 5 billion users on its social media platform. дальше »
2018-12-22 23:46 | |
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Lawyers Come Together To Help Russia Clear Confusion Relating To Lack Of Regulation
According to news outlet, News.Bitcoin.com, it has been unveiled that Russia is in heat for not having an appropriate regulatory framework on cryptocurrencies. Because of the problems that can arise from this issue, members from the Russian Lawyers Association and Blockchain Lawyers have decided to come together to create a standard that would be used […] дальше »
2018-12-17 08:42 | |
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Thailand’s SEC Clarifies How Laws Can Apply To Crypto Asset Securities
The Thailand Securities and Exchange Commission (SEC) has decided to explain how already existing laws could be applied to crypto securities. Another thing to mention is that Thai companies that are planning to issue securities tokens abroad need to follow specific regulations. дальше »
2018-12-2 00:55 | |
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VanEck, Cboe and SolidX Meet With SEC to Discuss a Bitcoin ETF
Having met the U. S. Securities and Exchange Commission (SEC) in August 2018, officials of VanEck, SolidX and Cboe BZX Exchange have met with the Commission again, in the latest attempt to convince the regulator to approve the nation's first bitcoin exchange-traded fund (ETF), according to an official presentation submitted to the SEC. дальше »
2018-12-1 01:17 | |
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Vocean ICO (VAN Token): Blockchain Finance And Crypto Bond Ecosystem?
What Is Vocean? Vocean ecosystem is an inter-chain financial contract infrastructure and marketplace. According to the structure of the platform, everyone can issue, trade, and serve all types of financial contract. дальше »
2018-11-27 11:10 | |
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Bitly Blocks Links to Cryptocurrency Websites on Its Platform
Cryptocurrency enthusiasts are criticizing Bitly, the URL shortening company, for restricting access to cryptocurrency websites after Andreas Antonopoulos, the author of several well-known guides to Bitcoin, voiced the issue on Twitter. дальше »
2018-11-7 22:00 | |
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First Bitcoin-Backed Loan Issued in Canada
The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling. Bitcoin Loan a ‘Game Changer’ Canadian company Ledn, has purportedly become the first and only local lender to issue Canadian dollar loans using Bitcoin as collateral, according to local media Wealth Professional. дальше »
2018-11-6 04:00 | |
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Swiss Regulator: Crypto Assets Need 800% Risk Weighting In Absence Of Formal Rules
Swiss financial regulator has informally signaled cryptocurrency investments should have a risk weighting ratio of 800 percent of the original amount. FINMA Highlights Bank, Dealer Queries According to local news media outlet Swissinfo, the Swiss Financial Market Supervisory Authority (FINMA) revealed the figure in October in response to a query by trustee and accountant association EXPERTsuisse. дальше »
2018-11-5 19:00 | |
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Bulgarian officials took Bitcoin bribes to issue passports to Ukrainians
Two Bulgarian government reps have been arrested on allegations of accepting bribes in Bitcoin in return for illegitimately issuing Bulgarian identity documents to foreign individuals. Court files claim the accused, both of whom held management positions in the National Agency for Bulgarian Citizens Abroad, have been illegally receiving payments to issue documents, according to local outlet NOVA. дальше »
2018-11-2 19:03 | |
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EY Prototype Allows Private Transactions on Ethereum’s Blockchain
In a bid to lower the barriers to mainstream adoption of blockchain technology, professional services giant Ernst & Young (EY) has launched a solution that it claims will allow companies to transact privately on Ethereum’s blockchain using zero-knowledge proof (ZKP). дальше »
2018-11-1 22:33 | |
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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services
Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience. дальше »
2018-10-31 17:17 | |
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New Crypto Transaction Tax Regulations are a Necessity According to Committee for IRS
New Tax Regulations Are a Necessity For Crypto Transactions, According to Committee For IRS The U. S. Internal Revenue Service (IRS) may pursue a recent recommendation from an advisory committee regarding cryptocurrency. дальше »
2018-10-27 22:44 | |
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Russian largest nickel producer to issue stablecoin
Nornickel, one of the largest nickel producers in the world, announced its plans to issue stablecoin, pegged to precious metals. According to Nornickel, the virtual asset will help to quickly attract funding bypassing long procedures. дальше »
2018-10-26 22:01 | |
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Regulators Approve Coinbase to Offer Custody Services in New York State
Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. дальше »
2018-10-24 00:55 | |
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GitHub is down because of data storage issues
Developer platform GitHub has been down for hours due to data storage issues. According to GitHub’s status message board, the issue began around 10 PM ET on Sunday. Some users are facing login errors while others are not able to see their commits. дальше »
2018-10-22 09:30 | |
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Two US States Issue Cease and Desist Orders Against Five ICO Issuers
The U. S. states of Colorado and North Dakota have independently issued cease and desist orders against companies promoting initial coin offerings in their states. Their tokens are potentially fraudulent securities offerings, according to the two states’ securities commissions. дальше »
2018-10-18 01:30 | |
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Ethereum’s Constantinople Hard Fork Delayed
Constantinople, the proposed hard fork upgrade to the Ethereum blockchain, has been delayed due to consensus issues on the test net, according to a tweet from the Ethereum infrastructure firm, Infura, on October 13th. дальше »
2018-10-17 02:38 | |
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Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »
2018-10-15 18:00 | |
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Ledger Explain Why Hardware Wallets Are Essential
The French company Ledger design very popular Nano S cryptocurrency hardware wallets. Now, the CEO of the company, Eric Larcheveque has explained why every trader in the crypto space should be using hardware wallet no matter the size of their investment, big or small. дальше »
2018-10-12 13:30 | |
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Bitfinex Stops USD Deposits To Their Exchange
The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt. дальше »
2018-10-11 21:30 | |
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Experts Defer as UK Considers Blockchain for Post-Brexit EU Relations
Experts Defer as UK Considers Blockchain for Post-Brexit- EU Relations UK’s finance Minister Philip Hammond has hinted that the government may consider blockchain adoption to address UK-Irish border issue post Brexit. дальше »
2018-10-11 00:37 | |
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