Patrick McHenry accuses Gary Gensler of misleading US lawmakers over Ether
The chair of the U.S. House Financial Service Committee alluded to claims in Consensys’s recent lawsuit against the SEC, suggesting an investigation into Ether as a security.
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Deloitte Partners With Startup for Gov’t-Level Blockchain Identity Management
“Big Four” accounting firm Deloitte has partnered with identity management company Attest Inc. to develop a blockchain-based digital identity system, according to a press release published Nov. 5.Chicago-based Attest is an identity management company that offers a shared identity platform enabling its clients to conduct transactions, wherein its governmental customers can provide identity services to…
Mysterious ‘cat burglar’ pilfers CryptoKitty from digital art installation
On Friday, Kevin Abosch — an Irish conceptual artist who was among the first to use blockchain technology as a medium — reported that a dastardly heist had been committed in one of his on-chain installations, an Ethereum wallet-turned-artwork titled "Stealing The Contents of This Wallet Is a Crime" (2018).In a Tweet the artist, whose…
Ownership is the future of digital entertainment, says blockchain exec
Web3 technologies are changing the way we engage with various forms of entertainment and ownership is at the heart of it. 715 Total views 8 Total shares Web3 is uprooting traditional entertainment industries with a new way of creating and engaging with digital content.The industry has already seen nonfungible tokens (NFTs) display the potential to…
Ripple CEO: Facebook’s Libra Will Not Launch Before 2023
Brad Garlinghouse, the CEO of blockchain payments network Ripple, thinks that Facebook will fail to launch its Libra digital currency before 2023. Garlinghouse bets on a 3-year Libra delaySpeaking in an interview with Fortune on Oct. 7, Brad Garlinghouse argued that regulatory pushback would continue to plague the project that was only announced in June, noting:“I…
Turkey may establish central custodian bank following alleged fraud at two major exchanges
Vebitcoin CEO Ilker Bas is reportedly in police custody, with Thodex owner Faruk Fatih Özer suspected to have fled to Albania. 2716 Total views 21 Total shares Following the arrests of several employees at Turkey-based crypto exchanges Thodex and Vebitcoin last week, government officials are reportedly planning to establish a central bank authority which could…
VanEck Report Illustrates Why Institutions Should Hold Bitcoin
A report published by investment management firm VanEck on Jan. 29 suggests that institutional investors should allocate a small percentage of their capital into Bitcoin (BTC). Per the report, “Bitcoin may enhance the risk and return reward profile of institutional investment portfolios.” The researchers also claim:“A small allocation to Bitcoin significantly enhanced the cumulative return…
Amendment to UK financial services bill provides regulation for crypto activities
The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes. 122 Total views 2 Total shares An amendment to the Financial Services and Markets Bill now before the United Kingdom's Parliament would extend the law’s powers to regulate…
Miami stakes the claim to become the world’s Bitcoin and crypto capital
As Miami comes down from the “high” of having hosted the “largest-ever” Bitcoin event, it seems reasonable to ask: Does the Sunshine State’s entrepot really have what it takes to become “the world’s cryptocurrency capital?” — a new role foreseen by its dynamic mayor. If not, could Miami at least become the next Crypto Valley…