Tagged: cryptocurrency

Network Backlog Causes Ethereum’s Price to Plummet

Ether, the cryptocurrency which runs the Ethereum blockchain network, fell over 10% the last couple days which was caused by a backlog of network orders from recent Initial Coin Offerings (ICOs). The cryptocoin had reached a high of over $400 a coin earlier this month… Read More

Potential Red Flags in Bancor’s ICO?

Last week, Bancor, a blockchain startup aiming to be the standard for smart tokens, held an Initial Coin Offering (ICO) which raised over $144 million in a few hours. A recent post on Hacking, Distributed claims that Bancor’s ICO was flawed and there were a… Read More

Morgan Stanley Believes Bitcoin Needs Regulations for Further Growth

In a recent report titled “Blockchain: Unchained?”, Morgan Stanley details its hesitance towards Bitcoin and outlines its belief that in order for Bitcoin to see continued growth, more regulations need to be enacted. While Morgan Stanley does have high hopes for blockchain, the technology behind Bitcoin,… Read More

Circle Launches Free Cross-Border Mobile Payments Based on Blockchain

Circle, a Blockchain based Fintech startup backed by Goldman Sachs, announced recently it was launching its mobile payments solution to the US, UK, and Europe, which will allow people to transfer money across countries without any fees instantly. Free and Instant Cross-Border Payments Blockchain is the… Read More

Senior Chinese Official Says Bitcoin and Ethereum are of National Interest

Yao Qian, the Deputy Director of the Science and Technology Department at the People’s Bank of China, China’s central bank, recently authored an extensive report on digital currencies. In the report, Yao Qian highlights many of the advantages and disadvantages of digital currencies, focusing much… Read More

Australian P2P Lender Credit Crowd Joins Blockchain Lending Platform Othera

It was announced recently that Australia-based P2P lender, Credit Crowd, has joined Othera’s Blockchain Lending Platform and Digital Asset Trading Exchange. By joining Othera’s platform, Credit Crowd is seeking to evolve its P2P lending market by digitizing the trading of P2P loans on the block chain. P2P… Read More

Japan’s Bitcoin Frenzy Affecting Small Cap Market

According to an article published on Bloomberg, the increased frenzy over bitcoin in Japan is causing some spill-over effects on some of the country’s small-cap stock market companies. The companies being affected are all related to bitcoin in some way and, as the article speculates,… Read More

Bitcoin Exchanges in China Resume Withdrawals After Months-long Freeze

Last week, it was reported that the 3 largest bitcoin exchanges in China finally ended a four-month freeze on withdrawals. BTC China, OKCoin, and Huobi all began prohibiting withdrawals from their exchanges almost four months ago amidst growing scrutiny from the Chinese government. In February,… Read More

Brave Browser’s ICO Raises $36 Million in 30 Seconds

Earlier this week, Brave Browser, a software company seeking to revolutionize online advertising, held an initial coin offering (ICO) for its Ethereum-based token the Basic Attention Token (BAT). According to multiple sources online, the ICO raised over $36 million in about 30 seconds making it… Read More

Ethereum Continues Trend of Surpassing Bitcoin

According to a recent article published to Trustnodes, Ethereum now has 3 times as many nodes as Bitcoin. This revelation follows recent news of Ethereum quickly catching up to Bitcoin in total transaction volume which could signal Ethereum someday surpassing Bitcoin as the world’s number… Read More

Global Messaging App Kik Set to Launch Its Own Cryptocoin

Instant messaging app Kik is currently developing its own cryptocurrency which it will soon offer for sale to the public, according to an article on CoinDesk. WeChat of the West Dubbed the “WeChat of the West”, Kik was founded in 2009 by a group of… Read More

Will Banks Soon Be Offering Cryptocurrency Services?

More and more banks might soon be adopting cryptocurrencies into the services they offer, according to an article published on CoinDesk this week. A Controversial Technology Cryptocurrencies, like Bitcoin and Ether, have been a contentious topic lately. Because of the relative lack of regulations covering cryptocurrencies, many… Read More

Numeraire: A Hedge Fund Cryptocurrency Designed to Promote Collaboration

A year ago, Numerai premiered itself as a “new kind of hedge fund built by a network of data scientists.” Unlike a traditional fund that makes trades based on human decision, Numerai lets anonymous programmers write open source trading algorithms based on data provided by Numerai…. Read More

Ethereum Quickly Catching Up to Bitcoin’s Transaction Volume

According to an article published on Trustnodes today, Ethereum is now handling almost half the transaction volume of Bitcoin. That might not sound impressive but you have to consider the fact that Ethereum launched less than 2 years ago whereas Bitcoin is over 9 years old…. Read More

Global Cryptocurrency Crowdfunding Platform FundYourselfNow Announces First Quarter 2018 Launch

FundYourselfNow, a global cryptocurrency crowdfunding platform, announced earlier this week it is set to launch in the first quarter of 2018. The funding portal revealed: “The year 2016 saw over $200 million worth of cryptocurrency investments raised though the ICO (Initial Coin Offering) process. But… Read More

Could China Cause the Price of Ethereum to Surge?

According to a recent article on The Cointelegraph, the price of Ether could surge due to activity within China. Similar to Bitcoin, Ether is a cryptocurrency that was developed and offered for sale to the public by Ethereum, a blockchain development platform, back in 2014. The value… Read More

Katipult to Apply Blockchain for Secondary Market Transactions in Private Securities

Katipult, a software provider for the investment crowdfunding space, is currently in the process of creating a distribution application (DApp) that will support secondary market transactions for private securities. Crowdfunding under Reg D, Reg A+ and Reg CF (and other exemptions in other markets), creates… Read More

Is the Initial Coin Offering Market at Risk of Becoming a Bubble?

Initial coin offerings (ICOs) have been making headlines lately. Just last week, news broke that Gnosis sold out of its offering in under 10 minutes raising over $12 million and putting its valuation at over $300 million. Yesterday, Cryptocoins News reported that since Gnosis’ ICO last week… Read More

New Law in Japan Officially Recognizes Bitcoin

Only a few weeks since the SEC denied two separate bitcoin ETF applications, there may be some good news coming out of Japan for supporters of Bitcoin. On April 1, a new law went into effect in Japan allowing for the country’s first officially recognized… Read More

Why Your Initial Coin Offering Is Probably Regulated By Securities Law

It seems that at least once a week nowadays, I get a call asking whether an initial coin offering (ICO) is regulated at all, and the question came to a head at a recent Legal Hackers LA discussion on smart contracts by Daniel Rice. The… Read More