There’s more to Bitcoin than its price: Early dev shares BTC’s ‘new permutation’
Bitcoin’s journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage.
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Ren Launches Tokenization Engine to Bolster Cross-Chain Liquidity
Ren has launched the RenVM, facilitating tokenized Bitcoin, Bitcoin Cash, and Zcash for use on the Ethereum ecosystem. 1596 Total views 27 Total shares Ren, a decentralized finance (DeFi) protocol with backing from Polychain Capital and FBG Capital, launched its core product ‘RenVM’ on May 27.The RenVM allows users to create tokenized Bitcoin (BTC), Bitcoin…

Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?
Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over.

A Landmark for the Blockchain Island
Silvio Schembri is Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime Minister of MaltaMalta becoming the “Blockchain Island” is no longer a distant dream but a reality, which — within a very short time frame and through our tireless commitment to incorporate, use and embrace this new, emergent…

People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
The Shenzhen branch of the People's Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies. 107 Total views 35 Total shares The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report…

SOON closes funding round for Solana-based layer 2
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.

‘Secretly circulating’ draft crypto bill could be a ‘boon’ to DeFi
A crypto bill that industry advocates previously said would “kill DeFi” has seen an updated draft released online with one commentator saying the U.S. is “finally getting their act together.” 482 Total views 7 Total shares A new draft of the Digital Commodities Consumer Protection Act (DCCPA) bill has started to circulate online, with some…

Deloitte Approves Gemini Crypto Exchange in High-Level Security Evaluation
U.S.-based crypto exchange and custodian Gemini has finished a SOC 2 Type 2 evaluation, proving the operation’s security.“The Type 2 is the highest level of security compliance that any organization can demonstrate,” Gemini’s head of risk, Gemini Yusuf Hussain, told Cointelegraph in an interview about the Jan. 23 announcement.Compliance focusIn preparation for its SOC 2…

Japan: Reported Cases of Crypto-Related Money Laundering Increase 10-Fold in 2018
More than 7,000 cases of suspected money laundering tied to crypto were reported to Japanese police in 2018, a more than tenfold increase from the 669 cases over a nine month period during the previous year. The news was reported on Feb. 28 by local English-language daily The Japan Times.In 2017, just 669 cases were…