May 15, 2018

150 ICOs and STOs Adhere to KYC and AML Guidelines with the Help of IdentityMind Global

KYC and AML procedures play an increasingly important role in the world of cryptocurrency. This is especially true when dealing with initial coin offerings. IdentityMind has already processed 150 client requests in the past few months. It’s a very positive trend that will bring more legitimacy to the ICO industry moving forward. IdentityMind is on a Roll While the number of initial coin offerings has not decreased by any means, the same old concerns remain in place. More specifically, a lot of projects can still be considered securities, and not all of these fundraising initiatives take the necessary KYC and AML procedures into account. This is quite worrisome, as such procedures are a mandatory requirement in most parts of the world. Thankfully, there are services such as IdentityMind that make this process a lot more straightforward. The company specializes in AML and […]
May 15, 2018

CME Group Launches ETH Reference Rate And ETH Real Time Indexes

CME Group And Crypto Facilities have introduced ETH indexes, which “will provide a standardized reference rate and spot price index” to the market
May 15, 2018

CME Group Launches Ether-Dollar Real Time Index and Reference Rate

CME Group and Crypto Facilities Ltd have officially launched the CME CF Ether-Dollar Reference Rate (Ether Reference Rate) and CME CF Ether-Dollar Real Time Index (Ether Real Time Index) – both of which are available today on both companies’ websites, and will become available later on the CME Group Market Data Platform on June 4. ‘Designed to Meet the Evolving Needs of This Marketplace’ The Ether Reference Rate provides a daily price benchmark at 4 pm London time, while the Ether Real Time Index provides users access to a real-time Ether price. Both are calculated by Crypto Facilities and are priced in U.S. dollars. Crypto Facilities, a cryptocurrency trading platform, will calculate both prices with transactions and order book activity from Kraken and Bitstamp – two prominent cryptocurrency trading platforms. Tim McCourt, Managing Director and Global Head of Equity Products and Alternative Investments […]
May 15, 2018

What Is Tradelize?

Trading is an integral part of the cryptocurrency ecosystem. Investors and speculators buy, sell, and trade cryptocurrencies on a regular basis. Tradelize wants to up the ante by giving regular holders the ability to achieve similar trading results compared to skilled professionals.  The Concept of Tradelize Although it may sound a bit confusing at first, Tradelize is a very simple idea. It allows users who usually don’t dabble in cryptocurrency trading to earn more money by giving them the right tools. This should result in higher profits for investors, whereas pro traders can experiment with these same tools. Leveling the playing field in the world of cryptocurrency trading will not be easy, but it’s not impossible either. The Tools to make it Happen Tradelize is building a cryptocurrency trading terminal that is both easy and accessible. Through this interface, users can trade cryptocurrencies across major global […]
May 15, 2018

Essentia Publishes Full Details of KYC for Public Sale

Essentia, the decentralized protocol framework, has just announced details of its public token sale following the completion of their successful pre-sale. Essentia has implemented KYC/AML verification ahead of the public sale so participants wishing to contribute to the token generation event must follow the verification procedure Essentia has outlined in detail in its project blog. During the process of verification, interested parties will have the opportunity to experience the Essentia framework in action by creating their own dashboard through a series of quick steps. Here, documents can be uploaded in a secure environment and applicants can specify such details as the ETH wallet they wish to contribute from. Anyone wishing to contribute more than 10 ETH will be required to submit additional details, and to verify that they are not the US or Chinese resident. Having completed verification for the […]
May 15, 2018

Steve Eisman of ‘The Big Short’ Fame: What Value Does Cryptocurrency Actually Add?

Steve Eisman, the American investor best known for having shorted collateralized debt obligations before the 2008 financial crisis, doesn’t see what is the real value of cryptocurrency. He reportedly holds that the popularity of the phenomena comes down to only two factors, speculation and money laundering. Also Read: Only 8.5% of Bitcoin and Cryptocurrency Traders Are Female Steve Eisman Doesn’t Get Crypto Steve Carell Speaking in front of about 1,500 people at the CFA Institute’s annual conference in Hong Kong on Monday, Eisman even questioned the rationale for cryptocurrencies to exist. “I don’t see the purpose of it. What value does cryptocurrency actually add? No one’s been able to answer that question for me.” In a panel discussion and a following interview, Eisman revealed that he has never invested in nor shorted any cryptocurrencies. “I don’t touch it. I don’t […]
May 15, 2018

Kryptono Exchange reveals first project for its token sale platform

Kryptono Exchange, a new cross-blockchain cryptocurrency exchange platform with a special peer-to-peer (P2P) fiat conversion function, has announced that Spiking will be the inaugural project on its proprietary Initial Exchange Offering (IEO) platform called XPAD. Kryptono Exchange reveals first project for its token sale platform
May 15, 2018

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, May 15

Crypto markets look promising, don’t they? 🙌
May 15, 2018

Taiwan: Taipei Bank Launches First Blockchain Payment System In The Country

Taiwanese Taipei Fubon Bank has reportedly become the first bank in the country to deploy a blockchain payment system
May 15, 2018

Token Sale Market Overview: Q1 2018

The seven graphics below summarize the state of the token sale market as of 31-March-2018. Over $23 billion has been raised to date via token sales The history of token sales visualized, Jan 2014 — Mar 2018 (interactive version) https://medium.com/media/77ad0bc299d9328f2d0984ac2e873002/href In just the first 3 months, 2018 token sale fundraising has already surpassed all of 2017 The first quarter of 2018 saw $14.2 billion raised via token sales vs. $9 billion raised in of 2017. Token Sale Market Overview: Q1 2018 was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 15, 2018

Assembling the A Team; The Start of A New ERA

https://medium.com/media/3c965a448284abbde6833afb71b3a64c/href Brought to you by INGOT Coin. It is no secret that everybody wants to make their own ICOs, raise funds and provide better and more efficient services. With the revolution of Blockchain it seems that we are headed towards a better, more complete and innovative future. Companies across all industries are pushing hard to be the “early bird that eats the worm” and achieving their legacy and create history. So why have we not yet gained the momentum we are all waiting for? Don’t you feel like we were supposed to move even faster with all this fund raising and innovative implementations? Can we truly compare this to the revolution of the internet? Masterminds are coming together, creating new projects and ways to adventure into the world of Blockchain, Cryptocurrencies & Smart Contracts, so the real question is, how do we […]
May 15, 2018

Consensus 2018: Mammoth Turnout on Opening Day as Parody Protesters March Outside the Cryptocurrency Conference

The 2018 Consensus Conference is underway in New York. Already, this year’s event seems to be even more colorful than previous with protesters staging a march outside the summit venue. The turnout so far is impressive with the usual logistical issues that are common in large gatherings such these. Parody Protests Outside While experts and crypto enthusiasts are engaging in the conference outside, some bizarre scenes are taking place outside. Scores of protesters bearing placards and banners are staging a “demonstration” on the streets. Alas, the individuals are part of the “Bankers Against Bitcoin” movement. Despite their name, these guys aren’t crypto critics. They are, in fact, trying to raise awareness of what the coming blockchain dominant future will look like. The demonstrators hold aloft signs with inscriptions like “we thought this was a bubble” and “free Jamie Dimon.” Some […]
May 15, 2018

Joe Lubin and Jimmy Song Make Bitcoin Bet Over Blockchain ‘Magic Dust’

The ethereum evangelist and bitcoin maximalist battled it out after Amber Baldet’s startup pitch didn’t strike the right note.
May 15, 2018

Mitsubishi, Standard Chartered, MUFG pilot payments on Ripple xCurrent

Mitsubishi Corporation, Standard Chartered and Bank of Ayudhya (Krungsri) — a Thailand subsidiary of MUFG Bank, today collectively announced a pilot test for payments between Singapore and Thailand with RippleNet’s xCurrent. Mitsubishi, Standard Chartered, MUFG pilot payments on Ripple xCurrent
May 15, 2018

US: Seminole County Florida To Accept Crypto For Tax Payment

Starting this summer, Seminole County will begin accepting BTC and BCH for payment for taxes and other services
May 15, 2018

Polish Financial Watchdog To Fund Anti-Crypto Social Media Campaign

Poland’s financial authority continues the country’s anti-crypto effort, offering $173,000 for a social media campaign on the risks of crypto
May 15, 2018

Forex Platform Serving Goldman Sachs and Morgan Stanley Adds Crypto Trading

Kx Systems, a subsidiary of First Derivatives, has recently launched crypto trading on its forex trading platform to “meet the ‎current and future needs of clients”
May 15, 2018

What Is Enecuum Cryptocurrency?

There is an abundance of blockchain-oriented projects on the market today. Even so, not all of these projects aim to achieve similar goals. Enecuum positions itself as the blockchain of tomorrow, placing a strong focus on integrating this technology into business processes. With its speed, scalability, and security, the project is certainly worth taking note of. The Concept of Enecuum Although there are other projects which try to bring blockchain technology to business processes, competition can only be considered a positive development. Enecuum focuses on speed, security, and scalability to ensure that companies can incorporate this technology with ease. It is expected that this solution will achieve a throughput of up to 1 million transactions per second, which is rather impressive. How Does it all Work? Under the hood, Enecuum uses a hybrid consensus algorithm. Its mining component is based on an improved version of Bitcoin-NG […]
May 14, 2018

LG Subsidiary Announces In-House Platform Monachain

LG CNS, the information technology arm of LG, has developed an in-house blockchain platform aimed at digital verification, digital currency, and digital supply chain management.
May 14, 2018

Chinese Miners Are Finding Relocation Difficult in Southeast Asia

According to a recent report, cryptocurrency miners from China have been flocking to regions in Southeast Asia like Vietnam, Myanmar, and Cambodia. However, a relocated Chinese miner based in Cambodia says miners trying to find safe havens in other Southeast Asian countries are having difficulties, and losing money every month due to residents complaining and unreliable power. Also read: Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period Chinese Miners Who Relocate Are Finding Other Regions Located in Southeast Asia More Difficult Mining in China is still allowed but there have been rumors of government crackdowns, and because of this speculation many mining operations based in the country have begun to relocate. Some operations who still seek out cheaper Chinese electricity tariffs moved to the border towns in Yunnan, but lots of Chinese miners have relocated to other areas in […]
May 14, 2018

New version of P2P marketplace OpenBazaar enables crypto trading

Decentralized peer-to-peer (P2P) marketplace OpenBazaar announced today the release of version 2.2.0, the most significant new feature is the ability to buy and sell cryptocurrencies. Users can choose from 44 different cryptocurrencies with more to be added over time. New version of P2P marketplace OpenBazaar enables crypto trading
May 14, 2018

GoTenna Launches a Bitcoin Wallet That Works Without the Internet

The txTenna partnership with Samourai Wallet offers bitcoin transactions via mesh networks.
May 14, 2018

AlphaPoint Launches Framework for Real Estate Blockchain Tokens

Alphapoint and Muirfield Investments announce partnership to securitize property on the blockchain with a new token standard with built-in compliance.
May 14, 2018

Amber Baldet’s New Startup Is a Blockchain Dapp Store

Ex-JPMorgan blockchain lead Amber Baldet has finally revealed her new startup, a decentralized application store.
May 14, 2018

Blockchain Technology Will Usher in the Fourth Industrial Revolution

Steve Chiavarone is a blockchain believer. The portfolio manager at Federated Investors believes the technology behind bitcoin will help usher in the fourth industrial age. Many commentators have previously identified blockchain as having the potential to disrupt the global business process. Blockchain: An Exciting Emerging Technology Chiavarone is certain that the distributed ledger technology (DLT) framework is an essential cog in the wheel of emerging technologies that will transform the world. The Wall Street bull predicts that blockchain, along with robotics, automation, artificial intelligence (AI), and the Internet of things (IoT) will be the foundation of the fourth industrial age. Indeed, several experts believe blockchain can contribute to the technologies mentioned above. Such is his conviction that the Wall Street expert is incorporating DLT into his stock market forecast. Speaking to CNBC, he reiterated the viability of the technology despite […]
May 14, 2018

Indian Developers Need Retraining to Qualify for Blockchain Jobs

A lot of coders and developers have shifted their attention from traditional projects to cryptocurrency and blockchain technology. There is an abundance of job opportunities out there right now for freelance coders. In India, it seems close to 5,000 software developers could work in these industries. It’s positive news, but the demand for qualified coders will only continue to increase. Indian Developers are Honing Their Skills Although most people on this planet may not care too much about blockchain or cryptocurrencies at this stage, the industry is booming. The global interest in this technology has sparked a race among companies to find the world’s best developers. Freelancers are a very important group in this regard, even though these coders will need to meet very strict qualifications to land jobs. In India, it seems a lot of coders have dreams of landing a cryptocurrency […]
May 14, 2018

IronChain Capital launches new cryptocurrency index funds

IronChain Capital today announced the launch of two mutual fund-like cryptocurrency index funds: IronChain MiX10 and IronChain MiX10 Institutional. Both Funds will track the MiX10 Index, a market cap weighted index that tracks up to the 10 largest cryptocurrencies. IronChain Capital launches new cryptocurrency index funds
May 14, 2018

Food marketplace EHarvestHub launches bounty program

Decentralized fresh food marketplace eHarvestHub today announced its bounty campaign. Ahead of its pre-ICO later this month, it aims to attract a range of participants, from programmers to bloggers, to partake in the program. Food marketplace EHarvestHub launches bounty program
May 14, 2018

A look at the new Syscoin encrypted messaging system

As part of Syscoin’s upgrade to version 3.0, they have introduced a suite of new tools for creating custom blockchain applications. One of these tools is the Syscoin Encrypted Messaging Service. A look at the new Syscoin encrypted messaging system
May 14, 2018

Crypto Self-Governance Touted as Solution to Regulatory ‘Mess’

With the absence of formal rules leaving gray areas, panelists at Consensus 2018 argued that crypto firms should lead the way with self-regulation.
May 14, 2018

How to Celebrate Bitcoin Pizza Day with Bitcoin Cash

Bitcoin enthusiasts will be aware of how Bitcoin Pizza Day is almost upon us. Until this year, there was only one way to celebrate this unofficial holiday: order a pizza, pay with Bitcoin, and enjoy. This year, however, we will also see Bitcoin Cash Pizza Day. It is a bit more difficult to find merchants accepting BCH, but that is where the BCHPizza website will prove to be a valuable resource. BCHPizza is an Interesting Project Even though people all over the world have celebrated Bitcoin Pizza Day for many years now, it is not necessarily easy to find merchants that accept Bitcoin payments these days. The world’s leading cryptocurrency has lost a fair amount of appeal in this regard, but it is still possible to use websites such as Takeaway.com for this purpose. For cryptocurrency enthusiasts who wish to celebrate Bitcoin Pizza […]
May 14, 2018

Kyiv to Host Fabulous Crypto Conference and Deluxe Party: Bobby Lee and Simon Cocking 1st time in Ukraine on Stage

18 May 2018, the five-star Hilton Kyiv Hotel (Kyiv, Ukraine) will host NEXT BLOCK Conference, an outstanding event on blockchain, crypto, and ICO, featuring the industry leaders, investors, and startup CEOs. The conference will be concluded by Official FTV Coin Deluxe Party, the most fabulous crypto-party 2018 in Eastern Europe. The event, organized by Krypton Events and in partnership with Cryptovest, will bring together over 350+ participants and 20+ distinguished speakers. Keynote Speakers: Bobby Lee, Co-founder at BTCC – the first bitcoin exchange in China, Board member at Bitcoin Foundation; Simon Cocking, Expert, whose name has been listed on 3 top lists of global blockchain/fintech influencers. Speakers: Terrance Cash, Chairman & Founder of Greenlight’s corporate group, seasoned serial entrepreneur, accredited private investor; Nimrod May, CMO at Sirin Labs, 4rth largest token crowdsale in history; Itay Adam, Launch strategist and ICO Campaigner; […]
May 14, 2018

ICOs will shine again – WeiCrowd Token Sale Opens on 15th May.

Singapore, 14/05/2018: WeiCrowd, the go to platform for End-to-End ICO life cycle management and Exchange Solution is ready for its Token Sales. WeiCrowd aims to powerup the Token economy to its best possible growth. Powered by its 7 product modules it will ensure Token Safety, Token Growth and Token Liquidity. Disclosure: This is a Sponsored Article It’s a must have ICO for the Token industry and invites the crypto community to contribute its best and encourage this much needed project. WeiCrowd is ahead of its roadmap and with its sustained development efforts has released the first 2 modules, WeiLauncher (ICO Launcher) and WeiX.io (P2P Exchange) in their Beta version, along with WeiZard.com for Free ICO listing and Rating. Amidst its launch and whitelisting period, the platform has already onboarded its first ICO project, ‘iDonate2U.org’ – It will deemed as an […]
May 14, 2018

Ten of the best minds in Blockchain and Crypto on Twitter

Stop being in the dark about the latest information and trends Ten of the best minds in Blockchain and Crypto on Twitter was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 14, 2018

A response to Daniel Tung on “Blockchain is the ultimate April Fool’s joke”

Let me start with an “ad hominem” argument first (it is not really one): Daniel is the founder of a blockchain startup, so obviously very vested and interested in the success of the blockchain hype. Failure of the blockchain hype would mean business failure for him. This means that he is serious about this arguments, so that makes it interesting to reflect on them. The argument that blockchain gets rid of middlemen is funny. If there are no middlemen, who are the miners? Who are the other actors building trust in the system? Or providing hardware wallets for people to store their tokens on? Just because you might rid of the current middlemen does not mean that you are not replacing them by new ones, which are not necessarily better. However, the new ones are less regulated and more implicit than the […]
May 14, 2018

CFO of Australia’s Commonwealth Bank Quits Role To Join EOS Token Developer Block.One

Rob Jesudason, the CFO of Australia’s Commonwealth Bank has resigned with immediate effect in order to join EOS token developer Block.one as group president and COO
May 14, 2018

How to Make Passive Income from Crypto

Passive and semi-passive ways to earn income from crypto How to Make Passive Income from Crypto was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 14, 2018

Coinbase Remains the Most Successful and Important Company in the Crypto Industry

On its 6th birthday, Coinbase received high praise from Shapeshift’s Erik Voorhees. He Tweeted, “Coinbase remains the most successful and important company in the crypto industry.” Arguably, that is very much the case. The San Francisco-based cryptocurrency exchange with its barebone menu of offerings, combined with its easy user-interface and relatively smooth onboarding (almost no upfront deposit needed), provide an envious business model. That’s not to write the company is without faults, as it has many. It might not even be the future of retail crypto access, and perhaps it shouldn’t. Also read: Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period Coinbase is Easy, Light, Feisty “Today is Coinbase’s sixth anniversary,” wrote COO Asiff Hirji. “We’re celebrating six incredible years working toward our mission to help create a more open financial system for the world! […] We […]
May 14, 2018

Ripple announces XRP use-case project incubator Xpring

Today the Ripple team officially announced Xpring (pronounced Spring). Xpring is a new initiative by Ripple that will invest in, incubate, acquire and provide grants to companies and projects run by proven entrepreneurs. Ripple announces XRP use-case project incubator Xpring
May 14, 2018

NEO and Ontology sign MOU concerning strategy and technology

The NEO Foundation and Ontology Foundation announced today the two teams have signed Memorandum of Understanding concerning strategy and technology integration. NEO is dedicated to realizing a distributed network that serves the smart economy. NEO and Ontology sign MOU concerning strategy and technology
May 14, 2018

Gemini adds support for Zcash (ZEC) exchange

Today, Gemini Trust Company, LLC (Gemini) announced support for Zcash trading and custody. This marks only the third virtual commodity added to the Gemini platform, after bitcoin and ether. Gemini adds support for Zcash (ZEC) exchange
May 14, 2018

NY Regulator Approves Zcash Trading On Gemini Cryptocurrency Exchange

A major US digital asset exchange will soon list Zcash, one of the world’s most privacy-centric cryptocurrencies.
May 14, 2018

Monero Community Is Funding Three Independent Audits of the Bulletproofs Implementation

Cryptocurrencies regularly undergo major changes as far as their code bases are concerned. For the Monero team, there is a big focus on implementing Bulletproofs into the existing code. With a strong focus on lower transaction fees, a higher throughput, and general quality improvements, Bulletproofs require proper audits, which in turn require funding. The Monero Bulletproofs Audits Given the major implications that Bulletproofs technology will have for the Monero ecosystem, a thorough vetting of this technology is more than warranted. With various developers working on this implementation, it is possible that certain aspects have been overlooked or can be improved upon. While the community could provide some valuable feedback in this regard, the developers are seeking external help as well. More specifically, after polling the community, three independent auditing parties have been identified. Benedikt Bünz, QuarksLab, and Kudelski Security will be hired to conduct a proper […]
May 14, 2018

Bithumb a ‘Primary Target’ in South Korea’s Crypto Exchanges Probe

South Korean authorities continue to send mixed signals as the Financial Services Commission broadens the scope of its probe into domestic cryptocurrency exchanges with Bithumb being the “primary target.” Auditing Exchanges As reported by The Korea Times, South Korea’s Financial Services Commission (FSC) is broadening the scope of its probe into domestic cryptocurrency exchange operators while requesting worldwide coordination in regards to cryptocurrency and digital asset regulation. Stated an official on Sunday: Following a request by the Financial Supervisory Service (FSS) and the prosecution to address growing anti-money laundering compliance concerns and possible abuse of cryptocurrencies in money laundering and fraud, the FSC is looking into exchanges’ corporate accounts opened in local banks. The official also noted that Bithumb indeed appears to be one of the FSC’s primary targets in a wider investigation, though declined to provide further details. However, […]
May 14, 2018

Stable Coins Analysis: Is There A Viable Solution For The Future?

Everything you should know about stable coin as a concept in our big guide!
May 14, 2018

Qtum unveils x86 Virtual Machine

Qtum, the first blockchain protocol to successfully deploy a Proof-of-Stake consensus model, has announced that co-founder and lead developer Jordan Earls will be demoing Qtum’s x86 Virtual Machine at the Consensus conference during New York Blockchain Week. Qtum unveils x86 Virtual Machine
May 14, 2018

Bitfinex and Connamara partner for FIX digital asset gateway

Bitfinex, a top digital asset trading exchange, and Connamara, a provider of matching engine technology forConnamara startups and frontier exchanges, have today announced the release of a FIX (Financial Information eXchange) digital asset gateway. Bitfinex and Connamara partner for FIX digital asset gateway
May 14, 2018

Reserve Bank Of Zimbabwe: Banks Can’t Deal In Cryptocurrency

Zimbabwe’s central bank has barred all domestic financial institutions from participating in or being affiliated with cryptocurrency.
May 14, 2018

Chicago-Area Medical Practice Begins Accepting Bitcoin: An Interview with Dr. Chadwick Prodromos

One of the most exciting things about cryptocurrency and blockchain technology is that it is applicable to many different professions and industries. Where there are payments to process or data to secure, blockchain technology can be extremely useful. Another exciting aspect is how it can empower the underbanked and unbanked populations of the world. Put simply, cryptocurrencies and blockchain technology are for everyone. These aspects are most apparent when they are evidenced by real-world people, businesses, and use cases. I recently heard about a Chicagoland orthopedic practice beginning to accept Bitcoin as a payment method and reached out to them. The practice was started and operated by Dr. Chadwick Prodromos, and he was kind enough to take time out of his busy schedule to talk to me about integrating Bitcoin into his practice. Dr. Prodromos Doctor Prodromos, how long have you […]
May 14, 2018

Deloitte Veterans Are Launching a Tokenized Blockchain for Supply Chain

A group of former Deloitte blockchain specialists are joining a startup seeking to launch a token for the global supply chain.
May 14, 2018

US Regulators Need to Move Faster on Crypto, Consensus Panelists Say

Early industry investors argued that US regulators must provide clarity in order for investors to capitalize on blockchain opportunities.
May 14, 2018

What’s the Difference Between a Regulated ICO and an STO?

Take a deep breath before you read this. Maybe go get a coffee. We’re going to talk about everybody’s favorite topic – regulation. Regulation is something that splits the crypto world down the middle. It sends many people into a blind fury over quashing innovation, or a heated discourse about the wealthy trying to seize back the power. Then you have others who believe that regulation – to protect investors – is probably a good thing. But here’s the kicker about regulation. It varies by jurisdiction. There’s a reason Binance moved to Malta, after all. So, until the world joins hands and comes up with a global solution to the problem, what you read here applies to blockchain companies registered in the United States. Why Regulation is Needed Even if the weekly scams, hackings, and general bad behavior don’t stop you […]
May 14, 2018

Grappling With Crypto Miners’ Existential Question: ASICs or GPUs?

ASICs offer security. GPUs offer decentralization. The answer might come down to your view of governments.
May 14, 2018

Largest Credit Bureau In Eastern Europe To Use Blockchain For Customer Data Storage

The Polish Credit Office, the largest credit bureau in Central and Eastern Europe, will use blockchain to manage sensitive customer data
May 14, 2018

Bitgo Launches Institutional Grade Custodial Services Suite

This weekend the leading cryptocurrency security platform, Bitgo, announced the launch of custodial storage solutions for institutional investors. The new custodial program aims to offer a multi-level suite for digital asset security in partnership with the firm Kingdom Trust. Also read: Markets Update: Cryptocurrencies Lose Steam During the Weekend Bitgo Offers a Secure Custodial Platform for Institutional Investors The Palo Alto-based firm Bitgo is now offering institutional investors custodial services due to a partnership with Kingdom Trust. The news follows the recent announcements from the Wall Street giant Goldman Sachs launching a cryptocurrency product, and companies like Coinbase offering services to institutional clientele. The latest institutional grade suite offered by Bitgo and Kingdom Trust provides custody services like treasury controls, advanced security solutions, and 24-7 monitoring. Multi-level services for the new custodial products include self-managed custody, institutional custody with multi-sig wallet, […]
May 14, 2018

Aion Is Launching a ‘Token Bridge’ to Connect Blockchains

Aion will ask its token holders to destroy their erc-20 aion tokens so that they can move to the aion mainnet, launched last month.
May 14, 2018

Thailand Issues Royal Decree To Regulate Cryptocurrency

Thailand has received a royal decree to regulate cryptocurrency transactions, requiring all cryptocurrency sellers and brokers to register with the Security Exchange Commission.
May 14, 2018

EU, US Lawmakers Tout ‘Sandbox’ Approach for Blockchain Development

Lawmakers at CoinDesk’s Consensus 2018 conference today argued that regulatory “sandboxes” may offer the best approach for blockchain innovation.
May 14, 2018

Localbitcoins Disables Multiple Accounts as EU Regulation Looms

Popular p2p Bitcoin trading platform Localbitcoins has announced users will only be able to hold one account from May 26 as new EU privacy laws come into place. P2P: Regulatory Net Tightens As part of its adherence to the General Data Protection Regulation (GDPR), a new data privacy push from Brussels, the platform will also change how it handles trade disputes and identification requirements among other aspects of its operations. The move comes around one month after a previous announcement over obligatory identification caused controversy among Localbitcoins traders. At the time, developers garnered criticism from those used to trading anonymously, enjoying benefits unavailable at cryptocurrency exchanges subject to AML/KYC requirements of various countries. While the company is headquartered in Finland, it remains unclear whether the new privacy laws will govern Localbitcoins users outside the EU. No ID – No Security […]
May 14, 2018

Banks Ink Blockchain Trade Finance Transaction with Food Giant Cargill

HSBC and ING have performed a claimed world-first trade finance transaction on a single blockchain system for agri-food firm Cargill.
May 14, 2018

TomoChain (TOMO) Gets Listed on KuCoin!

KuCoin is extremely proud to announce yet another great project coming to our trading platform. TomoChain (TOMO) is now available on KuCoin, you can deposit TomoChain (TOMO) now. Supported trading pairs including TOMO/BTC, TOMO/ETH.  Please take note of the following schedule: TOMO withdrawal: 20:00 May 14, 2018 (UTC+8) TOMO trading: 22:00 May 14, 2018 (UTC+8) Login to KuCoin To Start Trading:  https://www.kucoin.comFollow All Announcements In Real Time: https://t.me/Kucoin_Exchange TomoChain (TOMO) Information TomoChain is an innovative solution to the scalability problem with the Ethereum blockchain. TomoChain plans to support horizontal scaling via adding more second layer blockchains with good performance integrated with Ethereum for backup and atomic cross-chain transfer. TomoChain is envisioned to be a network of chains that supports instant confirmation, and near-zero transaction fee which will be an ideal solution for decentralized apps, token issuances and token integrations for […]
May 14, 2018

Vermont Bill Calls For FinTech Summit To Explore Cryptocurrency Opportunities

Legislators in Vermont passed a bill that seeks to get the public and private sectors on board for blockchain adoption. Key to the strategy is a statewide FinTech summit.
May 14, 2018

Bitcoin Price Watch: Currency Spikes to $8,800

At press time, bitcoin is trading for roughly $8,800. This is a $200 jump from where it stood just 24 hours ago, and investors are receiving a glimmer of hope for the future. The price bump suggests that bitcoin’s power is continuing to grow stronger, and despite a few ups and downs this week, the currency is finding it relatively easy to recover from negative hype. Granted bitcoin can keep up its momentum, we may witness the currency spiking into the $9,000 range again this week. The price had recently been marred by activity in both Japan (Mt. Gox) and South Korea (Upbit), but now it appears recovery is on its way, as the currency has incurred $200 to $300 spikes each day since its initial drop to $8,250 – the lowest it had been since early April. One reason […]
May 14, 2018

HSBC Completes ‘World’s First’ Blockchain Trade Finance Deal, Ships Soybeans

HSBC reportedly completes first ever trade finance transaction on blockchain with soybean shipment
May 14, 2018

Goldman Sachs Opens Bitcoin to Institutional Investors

Goldman Sachs will help institutional investors bet on Bitcoin price — but what will it do to the cryptocurrency market?  Goldman Goes All In Following a slew of inquiries from hedge funds, foundations, and endowments benefiting from Bitcoin millionaires, Goldman Sachs has become the first regulated financial institution to afford clients the ability to trade Bitcoin futures via one of its New York desks, according to Forbes. What this means is that the Wall Street titan will essentially help shepherd the herd of institutional investors into the trading of Bitcoin. Goldman Sachs will not actually trade Bitcoin, of course. Rather, the bank will trade Bitcoin futures contracts for clients using its own funds, in addition to non-deliverable forward futures. Such a glowing endorsement from the most profitable securities firm in history should undoubtedly signal confidence in not only Bitcoin but the […]
May 14, 2018

Australian Health Service Provider Asked to Pay $15,000 Bitcoin Ransom

Australian Health Service Provider Asked to Pay $15,000 Bitcoin Ransom Cyber attacks are a very big problem in day and age. In a lot of cases, such threats are designed to steal sensitive information from companies and service providers. Australia’s Family Planning NSW recently fell victim to such an attack which saw thousands of patients… The post Australian Health Service Provider Asked to Pay $15,000 Bitcoin Ransom appeared first on Altcoin Today.
May 14, 2018

South Korean Electronics Giant LG Launches Blockchain Platform

South Korean electronics giant LG has announced that it’s launched its own blockchain service, Monachain. The service was launched through the company’s information technology service unit, LG CNS. According to The Korea Times, the service is aimed at capitalizing on the lucrative emerging field of blockchain-based services especially in the fields of telecommunications, manufacturing and finance. Championing The Decentralized Economy Monachain will offer various decentralized services, one of which will be a digital authentication and certification service. For this, it will use an all-new type of identifier known as the decentralized identifier (DID) for verifiable, self-sovereign digital identity. The DID system will enable Monachain users to easily identify themselves and conduct financial transactions such as online payments and funds transfers from their smart devices. Users will also get to create their own digital wallets on the platform. According to reports, LG […]
May 14, 2018

RAcoin: A New Miracle in the World of Gambling

The gambling industry is a highly prospective segment of the world economy and continues to maintain a stable growth rate. In 2017 the gross win of the global gambling market was estimated at about 465 billion U.S. dollars. The collective gaming industry is highly prospective and performs a stable growth rate. The casino industry generates high revenues and healthy profit margins. These industries all have the chance to outperform many popular industries and to continue growing in the future. “Gambling is entertainment… Financial markets, what one often refers to as speculation, is really the force by which we move capital to the best and highest use” — Hunter S. Thompson Stable revenue growth and high hopes for the future of the gambling industry have stimulated a huge wave of investment. Various financial moguls have become casino investors, and after seeing the […]
May 14, 2018

Ethereum Futures in US One Step Closer as CME Deal is Struck

Chicago Mercantile Exchange & Chicago Board of Trade (CME Group Inc) announced a partnership with Crypto Facilities Ltd to list the price of ether in real-time dollars. Information from major cryptocurrency exchanges Bitstamp and Kraken will be used to determine the CME CF reference rate. This could be a hint of things to come for the second most popular crypto in the world, including possible US futures.    Also read: Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period CME Strikes Deal for Ether-Dollar Reference Rate “CME Group’s experience and knowledge in bringing the Bitcoin Reference Rate and Real-Time Index to market,” Chicago Merc’s website pithily stated, “has enabled us to launch an Ether-Dollar Reference Rate and Real-Time Index […] and the CME CF Ether-Dollar rates will provide a standardized reference rate and spot price index to bring […]
May 14, 2018

The Future of Cryptocurrency Exchanges in Light of Advancing Blockchain Technology

The Future of Cryptocurrency Exchanges in Light of Advancing Blockchain Technology was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.