The ethereum community has broken its silence over a move to better facilitate the return of funds lost on the platform. In wake of the departure of ethereum developer Yoichi Hirai, who resigned from his role supervising the software’s changes Thursday, community members have stormed Github in resounding rejection of the controversial proposal over which […]
Notable ethereum stakeholders are joining forces to create a fund for projects building on the world’s second-largest blockchain. Called the Ethereum Community Fund (ECF), the effort is the result of a collaboration between Cosmos, Golem, Global Blockchain Labs, Maker, OmiseGo, Raiden and Tendermint, with those involved agreeing to work to connect ethereum projects with companies that […]
February 16, 2018 9:16 PM On Thursday, the FCC sent a letter to Victor Rosario regarding his usage of a bitcoin mining device. The agency had received a complaint from T-Mobile about interference to its 700 MHz LTE network. In November 2017, the FCC determined that the interference stemmed from Rosario’s Antminer s5 bitcoin miner. […]
February 16, 2018 6:32 PM On Thursday, the CFTC issued a warning about virtual currency “pump-and-dump” schemes. On February 15, 2018, the Commodity Futures Trading Commission (CFTC) published a customer advisory regarding virtual currency pump-and-dump schemes. “Customers should not purchase virtual currencies, digital coins, or tokens based on social media tips or sudden price spikes,” […]
February 16, 2018 1:09 AM Changes to the merchant category codes for cryptocurrency purchases have resulted in transaction errors on the Coinbase exchange; some users claim their bank accounts were left with negative balances. UPDATED | February 17, 2018: In a surprise twist, Visa has reversed its position and declared, “This issue was not caused […]
An Ethereum Improvement Proposal editor has given up his role after a nearly two-week long debate over a proposal to set up a process for the recovery of lost funds. The ongoing conversation seems to have raised more questions than it answered. Yoichi Hirai, an Ethereum developer who had been acting in the capacity of […]
Raising questions is an important part of how governments, companies, and individuals plan ahead. Prediction markets attempt to pair nearly any question with an answer from the future. Will it rain tomorrow? Who will challenge Donald Trump in the next US presidential election? Will humans ever live on Mars? According to one notion from collective […]
February 16, 2018 10:20 PM Switzerland’s FINMA has issued guidelines stating that some ICOs will be subject to securities regulation and others to anti-money laundering standards. On February 16, Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), issued guidelines (embedded below) explaining how ICOs will be regulated in the crypto-friendly country. In September […]
February 16, 2018 8:49 PM The SEC is investigating three companies after delinquent filings and uncertainty regarding business relationships. After finding problems with the way some companies have operated, the Securities and Exchange Commission (SEC) has halted over-the-counter trading of alternative construction company Cherubim Interests, telecom marketing firm PDX Partners, and the strategic acquisition and […]
February 16, 2018 11:41 PM On Thursday, cryptocurrency trader Joseph Kim was charged with one count of wire fraud after allegedly stealing millions of dollars of bitcoin and Litecoin from his employer. On February 15, 2018, federal prosecutors charged Joseph Kim with wire fraud. The 24-year-old employee of Chicago-based Consolidated Trading LLC is accused of […]
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