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Bank of England to Reconstruct Financial Settle System to Interface with Cryptocurrency Platforms
The Bank of England is planning to rebuild its Real Time Gross Settlement (RTGS) system so that it can interface with private business and platforms using distributed ledger technology (DLT), the bank’s Governor Mark Carney announced in a speech June 21. дальше »
2018-6-23 07:19 | |
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Ripple CEO compares company’s XRP ownership to Saudi Arabia’s oil
Ripple’s CEO, Brad Garlinghouse said that he believes that Ripple’s XRP token is not a security at the CB Insights Future of FinTech conference. He also offered three arguments to his case. The first argument presented by Brad involves the XRP Ledger. дальше »
2018-6-23 06:56 | |
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If crypto falls, will amd and nvidia give up on gpu mining?
Graphics card manufacturers NVIDIA and AMD have been raking in huge profits — thanks, in part, to the influx of cryptocurrency mining over the past year. Recently, however, the decreasing prices of cryptocurrencies and a lower demand for GPU mining could bring the engine to a stall. Harsh Chauhan noted: AMD has said that it дальше »
2018-6-23 00:51 | |
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Ethereum Co-Founder Tips These Cryptocurrencies to Be The Next Big Thing
A new report out by Asia Times discusses how Anthony Di Iorio, the co-founder of Ethereum see’s a big future in two blockchain projects from China, projects that the Canadian billionaire is feeling very bullish towards indeed. дальше »
2018-6-23 23:00 | |
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Cboe Says ICO Market Will Come After Investors, and It’s Not Looking Good
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. дальше »
2018-6-22 23:00 | |
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Japan’s bitFlyer Halts Taking on New Business to Fix Issues Following FSA Order
bitFlyer, Japan’s largest Bitcoin exchange, is being forced to stop taking on new business after regulators said it wasn’t doing enough to stop money laundering and terrorist financing. The move by the Tokyo-based exchange saw a drop in the price of the coin and highlights how the country’s financial watchdog, the Financial Services Agency (FSA),. дальше »
2018-6-23 22:00 | |
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Mt. Gox Creditors May Be Reimbursed in Bitcoin Under Civil Rehabilitation
The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018. дальше »
2018-6-23 19:39 | |
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Taiwan’s Financial Regulator will Conduct Specific Review of Cryptocurrencies
Economy & Regulation The Financial Supervisory Commission of Taiwan has indicated its intentions to maintain only a limited oversight of cryptocurrencies. The regulator said it’s going to focus mainly on the enforcement of anti-money laundering policies, while remaining open towards innovations like those coming from the crypto sector. The regulator is only involved in preventing дальше »
2018-6-22 17:20 | |
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Trading Bots going to make bitcoin easier
While striking it rich by trading is easier said than done, automatic trading bots developed by 3Commas are set to change the game. In this respect the coming age of the automatic trading bots is kind of a boon to investors and traders. дальше »
2018-6-22 17:12 | |
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Retail Investors Should Be Careful With ICOs, NASDAQ CEO Warns
NASDAQ President and CEO Adena Freidman said that Initial Coin Offerings have the potential to defraud retail investors due to lack of regulatory oversight, transparency issues and not enough public information available about the projects. дальше »
2018-6-22 16:28 | |
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Taiwan’s Financial Regulator to Conduct Limited Oversight of Cryptocurrencies
The Financial Supervisory Commission of Taiwan has indicated its intentions to maintain only a limited oversight of cryptocurrencies. The regulator said it’s going to focus mainly on the enforcement of anti-money laundering policies, while remaining open towards innovations like those coming from the crypto sector. дальше »
2018-6-22 15:40 | |
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As it were a Third of the Wealthiest Educated on Bitcoin
Only a third of these millionaires said they got information about cryptocurrencies from their asset managers. Although the general public is still skeptical about cryptocurrencies like bitcoin, an increasing amount of people express a wish to understand it better. дальше »
2018-6-22 15:05 | |
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Korean Government to Lead 6 Blockchain Pilots With $9 Million Finance
The South Korean government will invest 10 billion Korean won (or $9 million) to support blockchain development in the country, with plans to carry out six pilots using blockchain technology. According to a report from CoinDesk Korea, the country’s Ministry of Science and ICT published a blockchain development strategy on Thursday. The agency said the government plans to дальше »
2018-6-22 11:53 | |
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Quebec crypto miners will now be needed to bid for electricity under the newly laid down rules.
The new regime seeks to allocate up to 500 megawatts, in addition to 120 megawatts of already existing initiatives. The starting rate is reportedly 1 Canadian cent ($0. 0075) per kilowatt hour, which is 20 percent above the industry standard price. дальше »
2018-6-22 07:06 | |
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Ico market needs “light touch” regulation to provide certainy, says us congressman
U.S. Representative Warren Davidson (R-Ohio) said the initial coin offering (ICO) market needs “light touch” regulation on CNBC’s Squawk Box today, June 21. When asked about cryptocurrency regulation, Davidson argued that the “big thing” the market needs is a “light touch regulatory framework” which, according to the congressman, would provide more certainty. He said that дальше »
2018-6-22 06:59 | |
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Robinhood is having “constructive conversations” to move into banking services
According to reports, Robinhood, a cryptocurrency, stocks and options trading platform is in talks to offer banking services like savings accounts. Sources close to the matter said that they were in early discussions with regulators to offer banking-like products. дальше »
2018-6-22 05:27 | |
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Goldman CEO Strikes a Surprisingly Optimistic Chord About Bitcoin’s Future
Lloyd Blankfein, CEO of Goldman Sachs, spoke at the Economic Club of New York on Tuesday and struck a surprisingly optimistic chord for Bitcoin. The banker said that he does not rule out the possibility of a future for the largest digital currency. дальше »
2018-6-22 00:46 | |
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3Commas Automatic Trading Bots Set to Make Cryptocurrency Trading Simpler
While striking it rich by trading is easier said than done, automatic trading bots developed by 3Commas are set to change the game. The post 3Commas Automatic Trading Bots Set to Make Cryptocurrency Trading Simpler appeared first on CoinSpeaker. дальше »
2018-6-22 23:15 | |
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Ethereum Accelerator Service to Provide Resources and ‘Reality Check’ for Cryptocurrency Coders
Starting in September, up to 15 projects will receive between $75,000 to $100,000 in investments, plus access to an eight-week program. Gupta said: “It’s [about] having a reality check about how mature this space is, which is not really very much, and who are the real users. Applications are open to anyone with a project дальше »
2018-6-21 20:35 | |
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Bank of Korea Denies Plans for Launching a Cryptocurrency
The Bank of Korea (BOK) on Monday argued against the issue of digital currencies by the central bank in a recent report. The bank said that launching its own central bank digital currency (CBDC) will raise the basic mechanisms of its monetary policy and make open market operations more complex. дальше »
2018-6-21 20:02 | |
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Stellar Buys Chain For ‘$500M’ — But Insider Trading Suspicions Remain
News that Stellar is in talks to purchase blockchain finance startup Chain has lent new weight to accusations that investment fund manager Ari Paul conducted insider trading with private information. дальше »
2018-6-21 19:00 | |
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Bithumb Hack:Exchange promises to Reimburse All Users
South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($ 31.4 million) in this week’s high-profile hack — which it will repay to users in full. Bithumb: Amount Lost Could ‘Decrease’ In an update posted on June 21, the Bithumb said it was beginning “recovery” processes and that the total дальше »
2018-6-21 18:35 | |
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Tron [TRX] is the “Frankenstein of crypto”, says technology researcher
Lucas Nuzzi, the Lead Technology Researcher at DAR Crypto, called Tron [TRX] out on Twitter. He said that it should be rebranded to be called the “Frankenstein of crypto”, as it borrows heavily from many other projects. дальше »
2018-6-21 17:02 | |
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Data Giant Intel partners with DApp Platform Enigma in privacy research
Decentralized application (DApp) platform Enigma will partner with Intel on privacy research as it prepares to launch its blockchain testnet, the two companies confirmed June 20. Enigma, which completed a $45 mln Initial Coin Offering (ICO) in September of last year, said the collaboration would focus on “research and development efforts to advance development of дальше »
2018-6-21 16:30 | |
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Bithumb Hack: Exchange Confirms It Will Reimburse All Users
South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($31. 4 million) in this week’s high-profile hack — which it will repay to users in full. дальше »
2018-6-21 15:00 | |
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World Largest Ever Blockchain Conference
China’s federal science institution, the Chinese Academy of Sciences, is taking part in a new research effort around blockchain. The highest academy for science in China said it had established a new “Big Data and Blockchain Lab” during a seminar on June 15, according to People’s Daily, the state-run media outlet. The lab, which is дальше »
2018-6-21 13:21 | |
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Nasdaq CEO says: Retail Investors are being put at risk because of Oversight by ICOs
Nasdaq CEO Adena Friedman recently claimed that initial coin offerings (ICOs) pose “serious risks” for retail investors, CNBC reports June 20. Speaking at the Future of Fintech conference in New York on Wednesday, Friedman expressed “real concern” about ICO projects, saying that they can seriously defraud retail investors. Friedman said this is mostly the result дальше »
2018-6-21 06:52 | |
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World Refugee Day: How Digital Identities Can Help a Population in Crisis
According to statistics from the United Nations Refugee Agency, there are 25. 4 million refugees in the world and some 3. 1 million asylum seekers. On this year’s World Refugee Day, we’re reminded of the perpetual crises that plague our international communities and the displaced individuals they create. дальше »
2018-6-21 02:28 | |
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Goldman Sachs Explore Crypto Trades, Can’t Rule It Out Having a Future in Finance
Speaking at an event, Goldman Sachs CEO Lloyd Blankfein talked about Bitcoin in an optimistic light, saying that although he doesn’t own any, he can’t rule out the cryptocurrency having a future in the world of finance. дальше »
2018-6-21 01:45 | |
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Tether’s Tokens Supported Fully by USD, An Unofficial Report Claims
This reportedly confirms that all Tethers were sufficiently backed by USD as of June 1, 2018. Van der Velde said, “We’re glad to have independent verification of this to answer some of the questions posed by the public. дальше »
2018-6-21 01:18 | |
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Digital currencies don’t perform as money – Bank of Korea
On Monday, the Bank of Korea [BOK] said that it has no plans of issuing Central Bank Digital Currency [CBDC] fearing ‘moral hazard to society’. The BOK is the central bank of the Republic of Korea, and is the sole authority that can issue the South Korean won. дальше »
2018-6-21 00:28 | |
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Akon creates cryptocurrency to use in segals city
Rapper and singer Akon of twelve Billboard Top Ten Hits, including the famous “Smack That,” has announced the creation of his own cryptocurrency for use in his new African “Akon Crypto City,” Page Six reported yesterday, June 19. дальше »
2018-6-21 23:17 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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UBS CEO Claims Blockchain Is an Opportunity for Businesses
UBS Group CEO Sergio Ermotti is not a fan of cryptocurrencies. However, he said that blockchains could be used to reduce costs in the financial services industry and noted that it could help in improving gross margins. дальше »
2018-6-20 23:03 | |
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Report: Tether Does Have Enough Dollar Reserves to Back All USDT in Circulation
A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U. S. dollar, holds enough U. S. dollar reserves to back all of its coins in circulation. дальше »
2018-6-20 22:00 | |
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Pantera Capital’s Hedge Fund Underperformed Against Bitcoin Last Month
Crypto hedge fund Pantera Capital has said that its fund was outperformed by the Bitcoin price last month as market prices continued to decline. Diversity Isn’t Always the Answer Dan Morehead, CEO of Pantera Capital, wrote his findings in an investment letter yesterday. дальше »
2018-6-20 21:00 | |
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Bitcoin (BTC) Yet To Test $6,000 Before A Likely Reversal
Bitcoin (BTC) price has continued to fall out of triangles since the big fall from $19,783 in January 2018. However, it is fair to mention that the triangles have become less steep over the time and the slope signals a pending reversal in the near future. дальше »
2018-6-20 18:00 | |
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A British Crypto Trade Is Propelling Litecoin Prospects Trading
U. K. -based cryptocurrency futures trading platform Crypto Facilities is launching a litecoin (LTC) derivative product. Timo Schlaefer, CEO of Crypto Facilities, said the decision is a result of having received “strong client demand” for litecoin contracts. дальше »
2018-6-20 15:26 | |
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Crypto investment can turn sour, requires caution
Cryptocurrencies for some time now are seen by many as a shortcut to making some quick bucks. Although many positive things can be said about it, there are still risks involved that one must look out for. дальше »
2018-6-20 14:34 | |
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