Blythe Masters Looks Beyond Finance for Next Wave of Blockchain Growth
The enterprise DLT startup now sees a vast range of opportunities, both within the industry where its founder spent most of her career and outside it.
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‘Phase Zero’ of a New Ethereum Blockchain Could Go Live Next January
news The next major iteration of the ethereum blockchain – dubbed ethereum 2.0 – may see a partial launch as early as January 2020. Proposed by Ethereum Foundation researcher Justin Drake in a bi-weekly coordination call between ethereum 2.0 developers, the date suggestion was raised after affirming that a code freeze over the first iteration…
G7 Forming Task Force in Response to Facebook’s Libra Cryptocurrency
news With the recent unveiling of Facebook’s Libra cryptocurrency raising regulatory questions, France is forming a task force within the Group of Seven (G7) nations to examine the issues. Reuters reports Friday, that the governor of the French central bank, Francois Villeroy de Galhau, indicated the crypto task force would be headed by European Central Bank…
Binance Scores Funding From Venture Arm of Singapore’s Sovereign Fund
NEWS Oct 23, 2018 at 01:59 UTC Singapore's sovereign wealth fund is investing in the world's largest cryptocurrency exchange by way of its venture wing. Vertex Ventures, the venture capital arm of Temasek Holdings – which is operated by the government of Singapore – has made a strategic investment in Binance and will work with the exchange…
CoinShares, Blockchain Launch Gold Token Network on a Bitcoin Sidechain
news Digital asset manager CoinShares is putting gold on the bitcoin blockchain. Working with wallet provider Blockchain and precious medal trader MKS (Switzerland) SA, the U.K.-based firm announced Tuesday a gold-backed network for trading tokens representing digitized physical gold, a project two years in the making. According to CoinShares, the network launches today with more…
SEC Sues Dropil Founders for Fraud After $1.8M Token Sale
Apr 24, 2020 at 15:37 UTCUpdated Apr 24, 2020 at 16:40 UTC(Credit: AevanStock / Shutterstock)The U.S. Securities and Exchange Commission (SEC) has charged the founders of crypto automation developer Dropil with defrauding investors in their unregistered $1.8 million initial coin offering (ICO) of the DROP token.The SEC alleged in a Friday announcement that Jeremy McAlpine,…
85% of Italian Banks Are Exchanging Interbank Transfer Data on Corda
Jul 27, 2020 at 08:00 UTCMilan, Italy (Cristina Gottardi/Unsplash)85% of Italian Banks Are Exchanging Interbank Transfer Data on CordaBanks across Italy are using R3’s Corda blockchain to vastly speed up the process of double-checking transaction logs. Silvia Attanasio, head of innovation at the Italian Banking Association (Associazione Bancaria Italiana or ABI), said both the process…
Crypto’s Token Lockup Orthodoxy Is a Scam
The dominant model of token distribution in the crypto space these days is the so-called “low-float, high FDV” launch. In this model, projects launch with a low fraction of the total supply in circulation, where most of the supply is locked, typically unlocking gradually after a year. This low circulation is often coupled with, and
Crypto Options Volume on CME Rose to Nearly $1B in July: CCData
Derivatives giant Chicago Mercantile Exchange (CME) recorded double-digit growth in crypto options trading volume in July, helped by investor appetite for hedging tools.Trading activity rose 24% to $940 million, registering the first increase in four months, according to data tracked by CCData. Volumes in bitcoin (BTC) options rose 16.6% to $734 million, while ether (ETH)…