Cali Haan

Are Initial Coin Offerings Good for the Economy?

At a party this Spring on the 30th floor of an apartment that overlooks Lake Ontario, an accountant said something fascinating. A majority of the recent growth in the North American economy, she claimed, had occurred mainly at the level of stock speculation. The reason… Read More

Trump-Appointed Consumer Protection Chief Recommends Crypto-Regulatory ‘Sweet Spot’

Consumer Financial Protection Bureau (CFPB) Chief, Mick Mulvaney, called for balanced regulation of ‘financial technology’ markets Wednesday at the Future of Fintech conference in New York, Coindesk reports: “We knew at an early point in Bitcoin that as with any developing financial technology we needed… Read More

Tether Releases “Randomized Inspection” of Its Accounts by Own Law Firm

Tether Limited, the rumour-plagued company that issues a “stable coin” cryptocurrency called Tether, has released documentation showing that, on June 1st, company accounts held enough reserves to back the $2.54 billion dollars of tether the company has injected into many corners of the cryptocurrency-trading ecosystem…. Read More

Hydro Quebec Slaps Temporary Tariff on Crypto Miners There

The Globe and Mail newspaper, courtesy of Bloomberg, is reporting that the Quebec provincial energy regulator, Regie de l’energie, has authorized Hydro Quebec to levy a 3x premium on electricity prices to all new firms planning on mining cryptocurrencies in Quebec. https://www.theglobeandmail.com/business/article-hydro-quebec-hikes-electricity-price-for-cryptocurrency-miners/ Cryptocurrency “mining farms”… Read More

Nasdaq CEO Says ICOs Exploiting Retail Investors

The CEO of stock marketplace and benchmark index for US tech stocks, Nasdaq, has come down hard on the opportunism of issuers of ICOs (Initial Coin Offerings), whom she believes are “taking advantage” of retail investors, CNBC reports. An initial coin offering is a relatively… Read More

Goldman Sachs CEO: “Bitcoin Not for Me” but Has a Future

The CEO of Goldman Sachs, Lloyd Blankfield, told an audience at the Economic Club of New York recently that he does not side with other powerful bankers who have dismissed Bitcoin; “I’m not in this school of saying… because it’s uncomfortable with me, because it’s… Read More

US Government Employees Must Disclose Crypto Holdings

The US Office of Government Ethics (OGE) has issued guidance to government employees stating that, for the time being, the OGE regards cryptocurrencies as investments and Government employees must disclose their holdings. A document entitled, “Guidance for Reporting Virtual Currency on Financial Disclosure” issued June… Read More

Antonopoulos Calls Ether: “The Most Credible Utility Token out There”- Lawyer Bristles

“I don’t really see Ethereum’s pre-sale being an ICO.” And thus begins one of the latest videos posted by widely-respected cryptocurrency commentator, writer and technologist Andreas Antonopoulos on his YouTube site. Ether was issued as a genuine utility token, Antonopoulos believes,  and not as a… Read More

Cboe President Warns of Regulatory Danger Hanging Over Issuers and Holders of ICOs

The president of the Chicago Board Options Exchange (Cboe), the first US company to sell futures contracts on Bitcoin, has warned that “two waves of reckoning” will come down on issuers and then holders of ICOs (initial coin offerings) in the US, Business Insider reports…. Read More

Accused Silk Road Second in Command Extradited to US

Yet another computer-savant smart enough to have allegedly managed a vast Dark Web marketplace yet not quite smart enough to avoid countries with extradition treaties with the US is on his way there to face charges of conspiracy to traffic drugs and launder money. According… Read More

Crypto Philosopher Antonopoulis Speaks in Panama on ‘Decentralized Globalization’

Bitcoin and crypto’s unofficial chief philosopher has released a video of a talk he gave on ‘globalized decentralization’ at the PanamaChain conference in Panama City May 6th. Andreas Antonopoulos is the author of two important books on Bitcoin: The Internet of Money (for lay audiences)… Read More

India’s Kerala District Trying Several Types of Industry Blockchain

The Kerala Development and Innovation Strategic Council (K-DISC), an advisory board tasked with finding technological ways to enhance the economy in the southwestern coastal Indian state Karala, has undertaken two blockchain initiatives to streamline operation in food distribution and farm insurance, Business Standard reports. The… Read More

CryptoKitty Flipping Has Powered Down. What’s Next for Ethereum’s Favorite Cats?

It seems the cutest bubble in crypto has popped for the time being, but don’t worry, Vancouver firm Axiom Zen are trotting out all kinds of ways to restore heat to Ethereum’s favourite cartoon cats. CryptoKitties are a set of limited-edition digital-cartoon collector cats registered… Read More

Forested Japanese Village Contemplating Municipal ICO to Fund Sustainability Measures

As part of its dedicated efforts to become ecologically and economically self-sustaining, a Japanese village called Nishiawakura is considering raising funds by ICO (initial coin offering) to replace revenue from government development grants that expire in 2020. The forested village, which sits in the mountainous… Read More

China Tolerating Bitcoin Mining in Remote Regions: “Xi Desires This Power for China”

In an atmospheric piece filed 2700km from Shanghai and 3000 miles above sea level, Nikkei Asian Review reporter Yusho Cho describes a 7000 computer-strong mining operation quietly thrumming out Bitcoins in the remote western plateau region of Qinghai. Local authorities, says Cho, are fine with… Read More

Walmart Patents Blockchain System for Accessing Emergency Medical Records. Is Blockchain Required?

Walmart has successfully obtained a patent on a compelling system for storing medical records on blockchain that can be accessed in emergency situations, CCN reports. But is a blockchain really required? The proposed system would allow first responders on the scene of an emergency to… Read More

Steve Bannon Considering Own Cryptocurrency

  Fresh on the heels of news that Bitcoin-sustained Julian Assange, the founder of Wikileaks, has been receiving visits from far-right activists comes a story that the “crypto space,” that haven for problem children, has yet another strange bedfellow. Political strategist and alt-right leader Steve… Read More

EOS Crypto Network Freezes

The cryptocurrency network that raised four billion in its ICO (Initial Coin Offering), and took two weeks to attract sufficient commitment from holders to go live, froze earlier today after less than forty-eight hours of operations. At 09:56 UTC (1 hour ago) we had an… Read More

Fundstrat Claims Bitcoin Price Drawn Down When Futures Expire

In regular commodities markets, futures are understood to help stabilize prices to consumers. Not so with Bitcoin, says the Head of Research at “independent research boutique” Fundstrat. Tom Le, a former Chief Equity Strategist at JP Morgan, has floated a possible correlation between a fall in… Read More

Ripple Admits Its Expedited Banking Network, xRapid, “Hasn’t Gotten There Yet”

For several weeks, the CEO of Ripple, Brad Garlinghouse, has been publicly calling out Bitcoin. The Ripple vs. Bitcoin rivalry goes all the way back to 2012, when Ripple’s founders developed the company’s services specifically to service the banks and cross-border remittance firms Bitcoin was… Read More