Monthly Archives: October 2018

Major South Korean cryptocurrency exchange Bithumb has reportedly signed a deal with an American fintech firm in an effort to open a securities token exchange in the U.S., South Korean Yonhap News agency reported Nov. 1.Citing individuals familiar with the matter, Yonhap reports that Bithumb signed an agreement with American crowdfunding platform SeriesOne. A Bithumb…

Fundstrat Global Advisors’ Bitcoin (BTC) analyst Tom Lee said that he is “pleasantly surprised” by the recent stability of BTC in an interview on CNBC’s Squawk Box Oct. 29.Lee expressed surprise at Bitcoin’s recent behavior given a recent 9 percent slump in equity markets. Lee said he expected that “Bitcoin volatility should be much higher”…

The Arbitration Center at Russian Union of Industrialists and Entrepreneurs (RSPP) has announced the creation of a board for disputes on issues pertaining the “digital economy,” including crypto-related cases, Kommersant reported Wednesday, Oct. 31.The chamber will reportedly be created to hear cases related to blockchain technology, smart contracts and Initial Coin Offerings (ICO). As per…

Blockchain software technology firm ConsenSys Inc. has acquired American asteroid mining company Planetary Resources, Inc. through an asset-purchase transaction, according to an announcement published Oct. 31.Founded in 2009 and formerly known as Arkyd Astronautics, Planetary Resources is supposedly engaged in the exploration, extracting and refining of resources from asteroids. The company, which reportedly has over…

Crypto finance company Circle has joined the Global Digital Finance (GDF) industry body as a founding member to develop a global “Code of Conduct” for crypto, according to a press release shared with Cointelegraph on Wednesday, Oct. 31.Circle has confirmed participation with the GDF on Twitter, stressing the company’s commitment to developing standards for the…

Investigators have reportedly halted the public listing process of cryptocurrency mining machine manufacturer Ebang International on the Hong Kong Stock Exchange (HKEx), local financial news outlet Sina Finance reported Oct. 14. According to reports, the move was prompted by the firm’s alleged involvement in illicit financial practices.Ebang International operates in the field of Application-Specific Integrated…