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UK Gov’t Researching Distributed Ledger Technology For Securing Digital Evidence

UK Gov’t Researching Distributed Ledger Technology for Securing Digital Evidence

The British Government is exploring ways to employ Distributed Ledger Technology (DLT) to secure digital evidence and identity information, according to a blog post published August 23. Her Majesty's Courts and Tribunals Service (HMCTS) and the Open Innovation team at the Cabinet Office conjointly held a meeting devoted to the use of DLT in securing…
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Electronics Giant LG Focuses On Development Of Blockchain, AI, IoT With Branding Strategy

Electronics Giant LG Focuses on Development of Blockchain, AI, IoT With Branding Strategy

LG CNS, a subsidiary of South Korean multinational conglomerate LG Corporation, has announced a plan to strengthen its enterprise offerings in seven key areas including blockchain, according to an official press release published August 22. LG CNS is planning to release new “strategic” brands for each of the seven platforms of newly developed technologies —…
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Not A Done Deal: U.S. SEC “Will Review” Most Recent ETF Decisions

Not a Done Deal: U.S. SEC “Will Review” Most Recent ETF Decisions

The United States Securities and Exchange Commission will reevaluate its recent round of bitcoin ETF rejections. This Wednesday, August 22, 2018, the SEC denied 9 ETF proposals from ProShares, GraniteShares and Direxion in three separate orders. But consistent with a rule that allows the SEC’s Chairman and Commissioners to review decisions delegated to its staff,…
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New Research Claims Satoshi Mined Far Fewer Bitcoins Than Previously Thought

New Research Claims Satoshi Mined Far Fewer Bitcoins Than Previously Thought

Based on five-year-old research, Bitcoin enthusiasts and critics alike have often held that Satoshi Nakamoto originally mined some 1,000,000 bitcoin in the early days of the network. New numbers from BitMEX Research, however, demonstrates this number could be off by 300,000-400,000 total bitcoin. Breaking Down Lerner’s Research The oft-cited 1,000,000 coins estimation comes from research…
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SEC Rejects Bitcoin ETF Once Again (will It Ever Approve?)

SEC rejects Bitcoin ETF once again (will it ever approve?)

Two ETF’s filed by ProShares for tracking bitcoin futures were rejected yesterday, adding to further pessimism in an already highly bearish crypto market. The news came as no surprise to the Bitcoin investors, as the anticipated announcement and rejected had already seemed to be priced in to become an official confirmation was made. Like the…
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China Blocks Access To Over 120 Offshore Digital Currency Exchanges

China Blocks Access to Over 120 Offshore Digital Currency Exchanges

China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. In addition, officials are also looking to shut down websites pertaining to both cryptocurrencies and initial coin offerings (ICOs), and to prevent businesses from accepting…
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