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Bank of Canada: Double Spending is “Unrealistic” in Blockchain Technology

A study released in July 2018 by the Bank of Canada (BoC) concludes the dreaded “double spending” attack on public blockchains is an “unrealistic” outcome. Blockchain Technology Scrutinized The research study, titled “Incentive Compatibility on the Blockchain,” examines incentive rewards for maintaining a distributed ledger and models the behavior of a “cheating” participant who tampers […] The post Bank of Canada: Double Spending is “Unrealistic” in Blockchain Technology appeared first on CryptoSlate. дальше »

2018-7-24 10:00


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Canada’s banking insurer owns about 58% of Canadian citizenship for investment purposes

Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23. According to the survey results, Canadians have mainly used the major cryptocurrency for investment purposes in 2017, rather than for transactions, which previously had been cited as the main reason for дальше »

2018-7-24 09:14


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Bidfender founder appointed by the judges for the fraudulent charges

The operator of now defunct Bitcoin (BTC) stock exchange BitFunder has pleaded guilty to federal charges of obstruction of justice and securities fraud, Reuters reports July 23. According to prosecutors, 37-year old Jon Montroll, also known as Ukyo, also pleaded guilty to obstruction of justice, admitting that he provided false balance statements to the U.S. дальше »

2018-7-24 09:09


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Google ready to offer Distributed Ledger Solutions in Cloud Platform Marketplace

Google is joining the list of tech giants to deploy blockchain technology to offer customers fintech and cloud service solutions, according to an official statement Monday, July 23. Google announced that the company has partnered with two blockchain-focused firms, Digital Asset and BlockApps, to offer new distributed ledger technology (DLT) solutions on Google’s Cloud Platform дальше »

2018-7-24 06:20


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Bitcoin Surges 17 Percent to Close Week in mid-7,000s: BTCManager’s Week in Review July 23

The price of bitcoin rallied by over 17 percent week-on-week giving bitcoin hodlers hope that the worst might finally be over for this year. This week’s price surge was driven by the news that the world’s largest asset manager, BlackRock, may start to invest in bitcoin, as well as the arrival of more positive regulatory news suggesting that the feared. дальше »

2018-7-24 05:00


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Nanjing China to Launch $1.5 Billion in Local Blockchain Project Funding

Nanjing, the capital of China’s Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes. дальше »

2018-7-24 02:26


Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India

The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »

2018-7-24 00:15


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South Korean Regulators Create Exclusive Cryptocurrency Department for Policymaking

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »

2018-7-24 23:00


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South Korean Regulators Create Exclusive Cryptocurrency Department For Policymaking

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »

2018-7-24 23:00


Crypto Custodian Services to Launch in Hong Kong

A prominent South East Asia-based fund management company is considering the launch of a cryptocurrency custodial service targeting regional institutional investors. The Demand for Cryptocurrency Custodians As reported by South China Morning Post on July 22, 2018, the Singapore-based Fusang Investment Office is planning to offer cryptocurrency holding services after clients expressed rising interest in […] The post Crypto Custodian Services to Launch in Hong Kong appeared first on CryptoSlate. дальше »

2018-7-24 22:00


Coinbase: The first crypto currency exchange to create political action committee

Coinbase, the San Francisco based cryptocurrency exchange announced on July 20th the launch of its Political Action Committee that will focus exclusively on handling the political. As a substantial step to secure its future, Coinbase made some documents public that registered its PAC with the Federal Election Commission (FEC). With it, Coinbase becomes the first […] дальше »

2018-7-24 21:15


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Google, Facebook Ad Ban Reversal Fuels Coinbase Acquisition Rumors

Google and Facebook appear to have cemented their promise to reverse a blanket ban on cryptocurrency advertising as Coinbase begins publicity moves. Coinbase ‘Whitelisted’ By Facebook A mock-up Facebook ad from CEO Brian Armstrong posted on Twitter July 20 confirmed the U-turn for Facebook, which originally hit the headlines late June. дальше »

2018-7-23 19:30


A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of

Europen Union Study shows central banks coming together with their own digital currencies, i.e., CBDCs could mean an end of the journey for the decentralized digital tokens. Bitcoin has been struggling for quite some time for its mainstream adoption, as crypto investors and enthusiasts are waiting for developers to bring a robust scalability solution. On дальше »

2018-7-23 18:43


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‘Very Specific Recommendations’ Crypto Deadline Scraped by G20 Forum

Cryptocurrencies will continue to receive a broadly hands-off approach from the G20 until at least October, a meeting of the forum confirmed July 21-22. A summary of interim decisions made by the dedicated Finance Ministers & Central Bank Governors (FATF) group sees any hard-and-fast regulatory steps regarding cryptoassets remain absent. The results follow a four-month дальше »

2018-7-23 17:36


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The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis,” the China Economic Times reports today, July 23.

The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis,” the China Economic Times reports today, July 23. дальше »

2018-7-23 17:30


Ethereum Creator Praises Decentralized Twitter Peepeth, But Not All Users are Happy

Vitalik Buterin, co-creator of Ethereum, praised Peepeth, a decentralized, blockchain-based Twitter-like social media platform. However, not all users are happy with it. The Issue Buterin, who tested Peepeth for the first time on July 21, 2018, complimented the developers for integrating a clean user interface (UI), opinionated features, charity stickers, and a unique aspect that […] The post Ethereum Creator Praises Decentralized Twitter Peepeth, But Not All Users are Happy appeared first on CryptoSlate. дальше »

2018-7-23 17:00


Lufthansa launches blockchain based aviation competition, gives wings to a new industry

On 20th July, Lufthansa’s Innovation Hub announced that they will be launching the world’s first ever Aviation Blockchain Challenge. With blockchain technology slowly moving into the realms of almost all mainstream industries, Lufthansa plans to apply the potential and benefits of blockchain technology to the aviation industry with this competition. Lufthansa has teamed up with SAP.iO […] дальше »

2018-7-23 15:13