Blockchain & Digital Currency

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

Boston’s DCU FinTech Innovation Center Announces Summer 2018 Cohort

The DCU FinTech Innovation Center, a program focused exclusively on fostering pre-seed and seed-stage financial technology companies in New England, announced on Thursday the ten new start-up ventures in its Summer 2018 cohort. As previously reported, the Center is fully funded by Digital Federal Credit Union and… Read More

St.Louis Federal Reserve Adds Bitcoin, Bitcoin Cash, Ethereum, and Litecoin to Data Tracking Service

This week, the Federal Reserve of St. Louis has added multiple cryptocurrencies to their data tracking service FRED. FRED has added four series on the prices of different cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin (but no Ripple), with the data is coming from Coinbase. All of the information is being updated… Read More

Blockchain Powered Trade Platform TradeIX Secures $16 million Through Series A Funding Round Led By ING Ventures

TradeIX, a blockchain-powered trade platform, announced on Thursday it secured $16 million through its Series A investment round, which was led by ING Ventures with participation from investor Kistefos, BNP Paribas, and Tech Mahindra. Founded in 2016, TradeIX is on a mission to rewiring trade finance… Read More

Waves launches Airdrop based on 2018 World Cup Outcomes

Will Germany reign supreme in the World Cup once again? Even after their humiliating defeat by Mexico? That’s my bet. What’s yours? Well if you have a strong opinion on the outcome of the World Cup 2018, you may have a chance to earn some… 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

Katipult Releases Blockchain based Secondary Market, Launches First on WeAreStarting in Italy

Katipult (TSXV: FUND)( Frankfurt: K10) has announced the first install of its blockchain based secondary market product. Adhering to a previously posted release time frame, Katipult has launched the secondary market as a pilot on WeAreStarting Srl, an investment crowdfunding platform in Italy. According to Katipult, capabilities of… 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

LATTICE80 Set to Launch ICO Platform Fintech & Blockchain Startups Within the KAYA Network

LATTICE80 announced on Wednesday it is launching an Initial Coin Offering (ICO) platform for startups within the KAYA Network. The company reported it built KAYA Network as a global network of more than 11,000 fintech and blockchain startups in over 100 cities. According to LATTICE80, the… Read More

Cryptocurrency Exchange PayBito Adds One Million Global Users

HashCash Consultants, the company behind cryptocurrency exchange PayBito, announced on Thursday the platform has served one million global users. According to HashCash, the trading portal uses bank-level security features to protect users from hacks and also conducts KYC along with AML checks before users can… Read More

Big News: ICO Platform Neufund Announces First Security Tokens Complying with German Law

Uniti, Brille24, BlockState and More to Issue Security Tokens on Neufund. Neufund, a blockchain based security token site, has announced the first  companies to tokenize their equity on their platform. These “equity token offerings” or ETOs are said to be completely compliant within German securities law. Using… Read More

North Carolina Legislature Adds Virtual Currency Language to Money Transmitters Act Bill

The state legislature in North Carolina has approved legislation that includes language dealing with virtual currencies. HB 86 originally hit the docket back in February 2017, but the original language of the bill did not incorporate cryptocurrency such as Bitcoin. The ratified bill is called;… Read More

Crypto Valley Association Adds Strategic Partner BDO Switzerland & Preps for Blockchain Conference: The Hills Are Live with the Sound of Crypto

The Crypto Valley Association (CVA), a global blockchain and cryptographic technology ecosystem, has partnered with BDO Switzerland, one of the country’s leading providers of auditing, accounting, tax and advisory services. “We are delighted to welcome BDO as a Strategic Partner. The development of blockchain technology is adding… Read More

Kenetic & Decentraland Plan Hackathon: Future of Non-Fungible Tokens, Collectibles & Blockchain Gaming

Kenetic Capital, a blockchain investment and tech firm, and Decentraland, an Ethereum-based virtual reality platform powered by blockchain, has put NIFTY, a three-day conference and hackathon for international developers, investors, and entrepreneurs to discuss the future of non-fungible tokens (NFTs), collectibles, and blockchain gaming, on… 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

Dash Teams Up With AloGateway to Facilitate B2B Payments Globally

Dash, the top digital currency for payments, announced on Wednesday it is teaming up with global payments provider AloGateway to facilitate B2B payments globally. According to Dash, through the new partnership, merchants around the world can now send, receive, and hold Dash and other major cryptocurrencies,… Read More