The Surprising Reason Why Blockstack May File for an IPO

news The U.K. Financial Conduct Authority (FCA) has finalized its guidance on crypto assets, clarifying which tokens fall under its jurisdiction. Most of the rules issued Wednesday were proposed in consultation paper CP19, which was released for public comment in January. As widely expected, the final guidance does not drastically alter the regulatory landscape, instead…

feature One of the underwriters behind BitGo’s $100 million cryptocurrency insurance policy has accused the custodian of exaggerating the scope of its coverage by using “ambiguous language” in public statements. The controversy boils down to three words. In its February 20 press release, BitGo listed “third-party hacks” among the risks covered by a group of…

Ripple engineer Nik Bougalis has published a proposal for shielding XRP transactions. (Credit: Shutterstock)A new proposal specification from Ripple's software developers would allow users to send private transactions to one another using the XRP ledger. In a GitHub submission earlier this week, Ripple engineer Nik Bougalis said he and a group of other Ripple developers…

news John McAfee, the famous and infamous security pioneer and cryptocurrency enthusiast, is set to launch his own eponymously named currency, the McAfee Freedom Coin, this fall. A white paper is forthcoming, but on the currency’s webpage, McAfee said that the coin is not subject to relative price setting mechanisms of other fiat currencies or…

Sep 24, 2020 at 15:06 UTCUpdated Sep 24, 2020 at 15:36 UTCTron founder Justin Sun (Brady Dale/CoinDesk archives)Tron, the blockchain launched in 2017 by former Ripple devotee Justin Sun, has entered a strategic alliance with custody specialists BitGo.The partnership will bring BitGo’s wrapped bitcoin (WBTC) into the Tron ecosystem as a TRC-20 token. (The token…

news The company behind Slush Pool, the first cryptocurrency mining pool to make its services publicly available, is rebranding. The Prague-based company Braiins is perhaps less well-known than Slush Pool, one of the largest bitcoin mining pools as it makes up more than 9 percent of the cryptocurrency’s hashrate today. Yet Braiins has been operating…

news Walmart China has launched a blockchain-based platform aimed to address food safety concerns in the country. Announced Tuesday in a press release, the Chinese arm of the U.S. supermarket giant said it has teamed up with blockchain project VeChain, PwC and others on the initiative, which comes as the latest in a line of…

( enviromantic/iStock via Getty Images)NLW dives into a viral twitter thread asking people which financial conventional wisdom they disagree with.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.When popular finance writer Morgan Housel asked followers on…

news Crypto winter has been a boon for highly-anticipated bitcoin futures exchange Bakkt, an executive from its parent firm said Thursday. Jeffrey Sprecher, CEO of Intercontinental Exchange (ICE), said during the company’s Q1 earnings call that the ongoing bear market has been “helpful” for Bakkt, which was initially scheduled to launch last December, then delayed…