Urban, Author at 2100 NEWS

Study Finds ‘Promising’ Crypto Workarounds to Europe’s GDPR Regulation

November 11, 2018 0 0

A joint study between Queen Mary University of London and the University of Cambridge concluded that, whilst challenging, it is theoretically possible for organizations to design blockchain applications that fully comply with recently implemented EU ‘General Data Protection Regulation’. The research was published in the ‘Richmond Journal of Law and Technology’ and cited challenges such as exorbitant […]

Absurd: Investors Can Only Trade Venezuelan Petro to Crypto if Bought in 2018

November 11, 2018 0 0

According to TeleSUR TV, a mainstream media outlet in Venezuela, the country’s “cryptocurrency” called the Petro can only be traded to other crypto assets if bought before the end of 2018. Former Wall Street bond trader and digital asset analyst Jill Carlson translated the speech of Venezuelan President Nicolas Maduro, which read: “Anyone who buys […]

Cryptocurrency Exchange Giant Binance Launches Research Division

November 10, 2018 0 0

Binance announced around midnight Chinese time yesterday that it is branching beyond being an enterprise-quality consumer token exchange with the launch of Binance Research, an investigative subproject which relays in-depth, objective information on upcoming tokens – presumably, tokens listed on the exchange. Binance Research is a new pillar of the Binance ecosystem, focused on the creation […]

BBVA and Co-Lenders Complete $150 Million Syndicated Loan on a Blockchain

November 10, 2018 0 0

Two European and one Japanese bank one have completed the first blockchain-based syndicated loan. Together with France’s BNP Paribas and Japan’s Mitsubishi UFJ Financial Group, Spain’s banking behemoth BBVA utilized a private blockchain network in arranging a syndicated loan amounting to US$150 million for grid operator Red Electrica. Initially reported by the Financial Times, legal advisers were also […]

Thailand’s Deputy Prime Minister Advocates for More Cryptocurrency Regulations

November 10, 2018 0 0

The Deputy Prime Minister of Thailand, Wissanu Krea-ngam, has called for the enhancement of cryptocurrency regulations in the country. Speaking during the fourth regional Counter-Terrorism Financing Summit which took place in Bangkok, Wissanu argued that there was a need for more domestic and international legal measures to be put in place to prevent the misuse of […]

French Lawmakers Want to Give Bitcoin Investors a Tax Cut

November 9, 2018 0 0

According to a French news website, France’s lower house of parliament (Assemblée Nationale) has backed a proposed plan from its finance commission which will effectively bring the taxes on bitcoin gains in line with other capital gains taxes in the country. At present, bitcoin sales are taxed about 20 percent more than traditional capital gains […]

NEO Founder: Blockchains are Over-Regulated

November 9, 2018 0 0

Da Hongfei, the founder of Antshares (presently and best known as NEO), believes that blockchains and cryptocurrencies are over-regulated in the extreme. In fact, he was recently quoted in a discussion with 8BTC as saying: In essence, blockchain can barely survive within the existing financial regulation system. A licensed institute may find it unnecessary to cooperate with a blockchain […]

Economist: It’s Time for Bitcoin to ‘Put up or Shut up’

November 9, 2018 0 0

This year has been filled with negatives for cryptocurrencies, or at least cryptocurrency investors. Trading at insane prices towards the tail end of 2017, crypto values have fallen closer to earth, with a large majority shedding as much as 80 percent of their value. This has led to quite a bit crisis talk, with some commentators prophesying […]

‘Santa Claus Rally’: Why Bitcoin is Primed for a Christmas Surprise

November 8, 2018 0 0

Nearly 11 months into a bear market that has seen the bitcoin price take a two-thirds haircut from its all-time high, the flagship cryptocurrency could be on the verge of a year-end rally. Mati Greenspan, senior market analyst at eToro, has been watching for a bitcoin breakout for some time now, and he said in market commentary made […]

War: Bitcoin Cash Startup Launches Mining Pool to Attack Altcoins & BCH Forks

November 8, 2018 0 0

A prominent bitcoin cash startup has launched a mining pool designed to attack altcoins and BCH forks that it does not believe fulfill Satoshi Nakamoto’s original vision for the cryptocurrency. SharkPool: Supporting Bitcoin Cash by Attacking other Networks Dubbed “SharkPool,” the service aims to conduct a two-pronged attack on other cryptocurrency networks, exclusively mining empty […]