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Blue Frontiers Partners with Kleros to Provide Blockchain Justice on Floating Seastead Communities
The companies will work towards integrating decentralised arbitration into the governance of Seastead communities to resolve disputes relating to virtually any product or service Blue Frontiers, a company developing floating cities (‘Seasteads’) that will help combat sea level rise, an industry that is expected to grow significantly in the next 30 years, has partnered […]
SEC Obtains Another Order to Freeze Plexcoin ICO Assets
The US Securities and Exchange Commission has obtained an additional emergency court order from a federal court in Brooklyn, New York freezing assets linked to Dominic Lacroix, the founder of PlexCoin whose assets were frozen when the its ICO was halted amid a fraud investigation in December 2017. Announcing the court order in a communique issued on […]
Ethereum Classic Price Defies Bear Market in Single-Day Rally ethereum classic price
The ethereum classic price continued its inexorable rise on Thursday afternoon as it reached $17.71 on cryptocurrency exchange Binance — a single-day increase of 7%. There could be several factors which are affecting this price movement. The principal one is the listing on Coinbase, which was something of a surprise when it beat other contenders such as Ripple’s […]
Crypto-Friendly Robinhood Wants to Offer Bank Accounts
Stock trading app Robinhood, which recently began rolling out cryptocurrency trading to many of its US customers, wants to offer its customers savings accounts and other traditional banking services. Bloomberg reports that the $5.6 billion firm, based out of Menlo Park, CA, has already approached regulators at the Office of the Comptroller of the Currency (OCC) […]
Why Coinbase’s Support for Ethereum Testnets & ERC-20 Tokens Matters
Toshi, the Ethereum-based decentralized application browser and wallet operated by Coinbase, the world’s largest cryptocurrency exchange, brokerage, and wallet platform, has added support for Ethereum testnets and custom ERC-20 tokens. Coinbase Roadmap Lsat week, upon the integration of Ethereum Classic (ETC), the Coinbase team told its users and investors that the mid-term strategy of the company is […]
Goldman Sachs’ Blankfein Explains Why He Hasn’t Closed the Door On Crypto
Goldman Sachs’ CEO Lloyd Blankfein continues to swagger back and forth about cryptocurrency. Blankfein, who is expected to step down from his CEO position at Goldman Sachs in December, wore his “pro” bitcoin mettle Tuesday in an interview with Bloomberg Editor-In-Chief John Micklethwait at the Economic Club of New York. His latest statements are in line with those he made in […]
3 Hacks in 12 Months: The Reasons Behind Crypto Exchange Bithumb’s Failings
South Korea’s biggest cryptocurrency exchange Bithumb, which has been the most trusted digital asset trading platform within the country alongside UPbit, Coinone, and Korbit over the past few years, has been hacked for the third time in 12 months. Hackers Can Hack Any Cryptocurrency Exchange On June 20, Bithumb experienced a $30 million hacking attack, […]
Binance is Backing Malta Stock Exchange’s Fintech Startup Program
Malta continues to move ahead in the crypto space with cryptocurrency exchange giant Binance now confirming that it will be supporting the country’s Malta Stock Exchange (MSE) in an innovative blockchain and crypto-related project. The MSE recently announced that Binance, the world’s largest cryptocurrency exchange, is backing its newly launched program to support fintech and […]
‘A Moral Hazard’: Bank of Korea Opposes Central Bank Digital Currency
The Bank of Korea (BoK) has revealed it is against the idea of issuing a central bank digital currency following a feasibility review. South Korea’s central bank isn’t keen on issuing a central bank digital currency (CBDC) citing concerns related to its impact on the basic mechanics of monetary policy and implementation as well as […]
‘Flaws’ in Japan’s Biggest Crypto Exchanges Will See Regulator’s Warnings
A handful of major Japanese exchanges including bitFlyer, Japan’s biggest and best-funded crypto trading platform, are facing business improvement orders from the country’s financial regulator and watchdog. A failure to comply with anti-money laundering (AML) guidelines will see at least five cryptocurrency exchange operators receive ‘business improvement orders’ from Japan’s Financial Services Agency (FSA), a Nikkei report […]