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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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Kenya Has Its First Bitcoin ATM
The first Bitcoin ATM has been installed in Nairobi, making it the first in East Africa, which makes it possible to purchase Bitcoins and Litecoins instantly. The traders can purchase the cryptocurrencies for as little as $5, and they can pay for them in both dollars and Kenya shillings. дальше »
2018-6-20 13:30 | |
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Crypto Exchange Bithumb prevents retreats after the $ 31 million hack
Bithumb, one of the largest cryptocurrency exchanges in South Korea by trading volume, is halting deposit and withdrawal services after hackers stole 35 billion won ($31 million) from the platform. The company said in an announcement today that the hack happened between late Tuesday night and early Wednesday morning local time. Although Bithumb has yet to дальше »
2018-6-20 13:29 | |
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Crypto Switch Bithumb Stops Withdrawals during $31 Million Hack
The company said in an announcement today that the hack happened between late Tuesday night until early Wednesday morning Korean time. Though Bithumb has yet to disclose which cryptocurrency or in what amount had been damaged, it said in the announcement that the loss will be covered by the platform. As such, Bithumb said investors should дальше »
2018-6-20 10:17 | |
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‘Regulatory Reckoning’ in future for Ico Market, says Cboe Global Markets President
CBOE Global Markets President Chris Concannon has claimed that the initial coin offering (ICO) market could soon face a two-fold regulatory “reckoning,” Business Insider reports June 19. First, the SEC will go after ICO market participants. дальше »
2018-6-20 08:55 | |
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Brian Kelly responds to BIS report, says Bitcoin [BTC] needs time
CNBC Fast Money’s Brian Kelly, responding to the release of the BIS’ annual report, on Monday said that The Bank for International Settlements [BIS] and other banks are the middlemen that cryptocurrencies like Bitcoin seek to do away with. дальше »
2018-6-20 07:18 | |
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After a $31 Million Hack Crypto Exchange Bithumb Has Stopped Its Services
Bithumb, one of the largest cryptocurrency exchange in South Korea by trading volume, is halting asset deposit and withdrawal services after a hack that has stolen 35 billion won (or $31 million) worth of cryptos from the platform. дальше »
2018-6-20 07:02 | |
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Bbva Bank Ceo Calls Blockchain ‘Immature’
Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. According to Torres, the main challenges for blockchain are the “volatility of underlying currencies” and possible compatibility issues with tax authorities and financial regulators. Banco Bilbao Vizcaya Argentaria (BBVA) is a northern Spanish дальше »
2018-6-20 05:34 | |
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John McAfee Will No Longer Promote ICOs, Cites ‘SEC Threats’
John McAfee, founder of the eponymous antivirus software, said he will no longer work with ICOs or promote them due to “SEC threats”
дальше »2018-6-20 01:44 | |
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Digital Future Council Assembles Roster of Industry Leaders in Media, Tech
The Digital Future Council made its public debut on June 18, 2018, at the 2018 Cannes Lions International Festival of Creativity. With founding members from such organizations as IBM, Vice, CNN, Lego and Warner Bros. дальше »
2018-6-20 21:56 | |
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John McAfee Won't Promote ICOs Anymore Because of 'SEC Threats'
John McAfee said in a tweet early this morning that he is "no longer working with ICOs" nor promoting them because of "threats" from SEC. дальше »
2018-6-20 20:10 | |
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Malta Bankers Association Chairman Praises Says Crypto as Blockchain,
Marcel Cassar, the newly appointed chairperson of the Malta Bankers Association, said that blockchain tech sounds like a “banker’s dream. ” Cassar also claimed that cryptocurrencies are “here to stay,” according to a June 17 interview with local news outlet The Malta Independent. дальше »
2018-6-19 16:33 | |
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Internet Cafes Hacked to Mine $800,000 Worth in Siacoin Cryptocurrency
A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency. The report said the hackers first developed a piece of malware that can specifically mine the siacoin cryptocurrency on an affected device. They then marketed it to computer maintenance firms who дальше »
2018-6-19 12:33 | |
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John Mcafee Promises $500,000 Bitcoin Price If Elected President
John McAfee has predicted that Bitcoin will hit $500,000, but only if he gets elected as the President of the United States. In a recent YouTube video, he has said that he plans to bring cryptocurrencies into the political world, should he be successful in his venture. дальше »
2018-6-19 12:00 | |
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Internet cables have earned me $ 8,000
A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency. The report said the hackers first developed a malware that can specifically mine the siacoin cryptocurrency in an affected device. дальше »
2018-6-19 10:56 | |
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Why Bitcoin [BTC] will not break the Internet with its bandwidth needs
OPINION: A Swiss bank has said that Bitcoin could break the Internet with its bandwidth and power needs. As a part of its annual economic report, the Bank for International Settlement detailed why Bitcoin has a “range of shortcomings”. дальше »
2018-6-19 10:01 | |
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Blockchain-Based Community Currencies to Be Launched in Kenya
Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. дальше »
2018-6-19 01:01 | |
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South Korea’s Central Bank Opposes Issuing a Central Bank Digital Currency
South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a. дальше »
2018-6-19 01:00 | |
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US Ethics Office Says Officials Must Disclose Crypto Holdings
Those working for the executive branch of the U.S. government must disclose their cryptocurrency holdings, ethics officials said Monday. In a legal advisory released Monday, the U.S. Office of Government Ethics (OGE) clarified that digital currency is “property held … for investment or the production of income” instead of a “real” currency or legal tender. The дальше »
2018-6-19 00:46 | |
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The ‘Moral Hazard’ of Centralized Cryptocurrencies according to the Bank of Korea
South Korea’s central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy. According to The Korea Times on Monday, the BoK said that issuing a central bank digital currency (CBDC) could pose a “moral hazard” by adversely affecting monetary policy and its implementation, and possibly дальше »
2018-6-19 23:06 | |
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Donations in 5 cryptos is now being accepted by Freedom of the Press Foundation
The Freedom of the Press Foundation (FPF) now officially accepts donations made with cryptocurrencies, the non-profit announced Monday. The move is “a natural fit” for the organization, which aims to support journalists reporting on issues within governments, said executive director Trevor Timm. дальше »
2018-6-19 21:29 | |
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The NSA Involved in Creation of Bitcoin, claims Vitalik Buterin
Joining the large group of conspiracy bloggers and the brother of infamous drug Lord, Roberto Escobar, the founder of the second largest cryptocurrency in the world has said that he believes there may have been a role that the US intelligence services played in the creation of the world’s number one cryptocurrency, Bitcoin. дальше »
2018-6-18 17:08 | |
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Asset tokenization platform TrustToken just raised $20 million in a strategic token sale with the help of major venture corporations, including ..
Asset tokenization platform TrustToken just raised $20 million in a strategic token sale with the help of major venture corporations, including Andreessen Horowitz (a16z). TrustToken has so far released one such token already – a “stablecoin” called TrueUSD, according to the release. дальше »
2018-6-18 16:37 | |
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UK Financial Game Show Uses Comedy & Bitcoin to Entertain, Inform
Who is the richest person in the world? Who said, “It costs a lot of money to look this cheap?” Where do they drink the most alcohol per capita? Ireland, Scotland, Russia or France? Readers who immediately answered just might be perfect guests on Dominic Frisby’s Financial Game Show, launching in the United Kingdom. дальше »
2018-6-18 15:15 | |
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Confirmation Regarding Ripple XRP As A Security, What’s Been Said?
The security debate continues to surround Ripple and Ripple XRP, the native currency to the Ripple network. Very recently, the United States Securities and Exchange Commission (SEC) have spoken out stating that both Bitcoin and Ethereum do not carry the necessary attributes to be considered a security however, there’s still no official news regarding XRP. дальше »
2018-6-18 14:00 | |
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The World’s Biggest Banks Lead the Blockchain Charge
We’ve said it before and we’ll say it again: The future is here. Blockchain is no longer just a buzzword, but a leading solution for sending global payments. In fact, the momentum is visible: RippleNet currently counts 11 of the world’s top 100 banks by total assets as customers, all of whom are at various … Continued The post The World’s Biggest Banks Lead the Blockchain Charge appeared first on Ripple. дальше »
2018-6-18 09:58 | |
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Exclusive: Former BlackRock Exec Explains Why Institutional Investors Not in Crypto Yet
A professional investor, who has worked at BlackRock, explained the main reasons why institutional investors are watching the crypto market but not yet getting involved. Speaking in London Tech Week he said that regulatory uncertainty, volatility and lack of education are the main obstacles. дальше »
2018-6-18 08:43 | |
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