Don’t Expect New Bitcoin Highs in 2018

South Korea’s Financial Services Commission (FSC), the nation’s financial regulator, said in a statement that recently-listed U.S. bitcoin ETFs may violate Korean law.The regulator says that domestic brokerage of a U.S.-listed bitcoin spot ETF by Korean securities firms may potentially conflict with the country’s Virtual Asset User Protection Act and the Capital Markets Act without

The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms (RIOT).According to the agreement, the EIA will publish a notice proposing its planned miner survey, taking comments for 60 days. The

Ethereum’s ability to host a wide-range of applications and assets has been evident for years, but the investment case for its native token, ETH, has become increasingly complex. In the wake of key protocol changes, particularly the hardforks activating EIP-1559 and EIP-4844, investors are asking how Ethereum’s adoption will translate into ETH’s long-term value. While

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Despite the downturn in the crypto markets so far in 2018, executives from several bitcoin mining firms have said this scenario has been seen before and they are not deterred by current low prices. Speaking on stage at CoinDesk's Consensus Singapore 2018 event Thursday, Alex Ao, founder of Chinese firm Innosilicon – which launched in…

news United Arab Emirate’s national airline has teamed up with a Switzerland-based blockchain startup to provide its internal information systems. Winding Tree, a decentralized business-to-business marketplace built on ethereum, will provide logistical support for Etihad Airways’ distribution system, according to a Reuters report on Thursday. The move will allow the airline to bypass third-party operators…

Decentralized finance (DeFi) protocol Balancer has attracted several of its peers to a proposal that aims to increase liquidity and reduce price slippage by replacing the single-asset staking model with a two-token version.Dubbed the 8020 Initiative, the proposal aims to address the lack of liquidity in DeFi by creating a two-asset pool comprising a governance…

U.S. lawmakers introduced a bill on Wednesday barring federal government officials from doing business with China-based blockchain firms, marking Washington's latest show of suspicion toward Chinese ties in the cryptocurrency industry, according to a statement from the sponsors.The bill also explicitly blocks U.S. government officials from transacting with iFinex, the parent company of Tether, the

When most people think of non-fungible tokens (NFTs), they think of their value as lying in their being unique – hence “non-fungible.” As one-off, digital representations of art, they are indivisible and non-replicable, to which people can attach value. But now there is a growing move to make NFTs usable in several different ways. This…