June 16, 2018 @ 11:39 am By Cali Haan  |  

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

June 15, 2018 @ 7:30 am By Cali Haan  |  

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

June 14, 2018 @ 5:17 pm By Cali Haan  |  

In the increasingly competitive world of internet attention-seeking, the dark art of clickbait newswriting has, until recently, seen few bounds. Before his untimely death in 2017, fake news writer Paul Horner claimed he made over $10 000 a month gleefully pawning Trump supporters into beholding… Read More

June 14, 2018 @ 3:56 pm By Cali Haan  |  

The three biggest agencies relied upon to assess the credit-worthiness of banks and investment products -Standard & Poor’s, Moody’s and Fitch- have indicated they may downgrade scores of institutions that clear Bitcoin futures contracts or have exposure to the clearing of them, Risk.net reports. Last… Read More

June 13, 2018 @ 3:37 pm By Cali Haan  |  

Consulting firm and provider of market intelligence Greenwich Associates released a report yesterday stating that financial firms doubled blockchain staff and increased blockchain budgets 67% last year, but only 14% of 200 financial institutions polled, “claim to have successfully deployed a production blockchain solution.” Interviews… Read More

June 13, 2018 @ 11:29 am By Cali Haan  |  

A finance professor at the University of Texas experienced in fraud detection has alleged that a focussed campaign to inflate the price of Bitcoin and other cryptocurrencies occurred on the Bitfinex exchange last year, the New York Times reports. Professor John Griffin and grad student… Read More

June 13, 2018 @ 9:56 am By Cali Haan  |  

Police in Japan have charged three individuals with infecting the computers of unsuspecting individuals with malware that mines the privacy cryptocurrency Monero. According to the Japanese daily news provider Mainichi, the three individuals are accused of setting up web sites designed to attract and then surreptitiously… Read More

June 12, 2018 @ 10:50 pm By Cali Haan  |  

A LocalBitcoins seller, known as “Bitcoin Maven,” who plead guilty to running an unregistered money transmission business and laundering drug money for Bitcoin, had her sentencing postponed yesterday at a federal court in LA. As part of a pre-indictment plea agreement, Theresa Tetley, 50, pleaded… Read More

June 12, 2018 @ 12:01 pm By Cali Haan  |  

The Guardian Newspaper has reported that Brittany Kaiser, a director at Cambridge Analytica, a data firm tied to election interference across the globe, told friends that she visited Julian Assange at the Ecuadorian embassy in February 2017 to discuss the outcome of the 2016 US… Read More

June 12, 2018 @ 6:46 am By Cali Haan  |  

Enterprise blockchain developer R3 is running out of money, sources to Fortune magazine say.   R3 began as a startup in 2014, and tasked itself with creating blockchain products for banks and finance firms. It is considered to be one of Ripple’s main competitors. Blockchain… Read More

June 11, 2018 @ 6:00 pm By Cali Haan  |  

Brett Redfearn, the Director of the Division of Trading and Markets at the SEC has criticized crypto producers and exchanges for failing to voluntarily register and report their activities to the SEC. “We’re underwhelmed by the enthusiasm for coming within the regulatory structure right now,”… Read More

June 11, 2018 @ 10:49 am By Cali Haan  |  

The price of Bitcoin fell 11% over the weekend, a loss tracked closely by Ethereum and Ripple, following a several-week onslaught of bad news that may have had a chilling effect on markets. Perhaps most notably, in a televised interview on CNBC June 6th, SEC… Read More

June 10, 2018 @ 6:31 pm By Cali Haan  |  

As part of a probe examining possible manipulation in Bitcoin markets, the regulator responsible for overseeing futures and commodity trading in the US has subpoenaed four American cryptocurrency exchanges to produce volumes of trade data, WSJ reported Friday June 8th. Top cryptocurrencies have since turned red as this… Read More

June 9, 2018 @ 7:33 am By Cali Haan  |  

Computing’s “Temple of Open Source” -the Linux Foundation- has extended an olive branch to Microsoft by blessing its recent acquisition of the popular software collaboration platform GitHub. According to Github, over 28 million software developers use the site to co-build software and sift it for… Read More

June 8, 2018 @ 3:02 pm By Cali Haan  |  

“The millionaire is changing,” says glamorous London art dealer and Georgian noblewoman Eleesa Dadiani, and that millionaire needs a novel way to invest in art. Even the sub-millionaire can get involved now that Dadiani’s London Gallery has partnered with ‘decentralized’ gallery Maecenas Fine Art. Together… Read More

June 7, 2018 @ 6:59 pm By Cali Haan  |  

In a gesture that may show poor understanding of crypto generally, the Vietnamese Ministry of Finance has proposed a temporary ban on imports of crypto mining equipment to the country. According to the Hanoi Times, the Ministry gave two reasons for the proposal. First, “The act… Read More

June 7, 2018 @ 3:52 pm By Cali Haan  |  

Notorious crypto exchange Bitfinex had its services suspended for three hours May 5th in a Distributed Denial of Service (DDos) attack that flooded Bitfinex’s online operations and overwhelmed its site. “The platform is under extreme load. We are investigating,” wrote Bitfinex on its website status… Read More

June 7, 2018 @ 10:12 am By Cali Haan  |  

Cryptocurrency used to fundraise for business ventures are regulated securities, cryptocurrencies like Bitcoin are not, and relevant laws will reman, the same, Securities and Exchange Commission (SEC) Chairperson, Jay Clayton, said yesterday on CNBC. The point made by Clayton draws a hard line for any… Read More

June 6, 2018 @ 11:42 pm By Cali Haan  |  

Ripple CTO Stefan Thomas has left the building and has taken with him a model for smart contracts shelved by the company in 2015. Thomas’s new venture, Coil, claims to have made smart contracts- literally, computer code-based contracts that can execute automatically when fed required… Read More

June 6, 2018 @ 3:16 pm By Cali Haan  |  

The Vice President and General Manager of Coinbase, America’s largest cryptocurrency exchange, announced June 4th that the company is expanding physical operations to Japan. “Our new office will lay the foundation for Japan’s crypto investors to access a range of Coinbase’s products,” writes Dan Romero…. Read More