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Month: May 2018

cryptocurrency May 25, 2018

Coinbase makes a notable acquisition, U.S. Justice department takes a deeper look at price manipulation, Google approaches Vitalik Buterin, and top gainers, big losers and everything else going on with crypto! Coinbase Acquires Cryptocurrency Trading Platform Paradex According to cnbc, Coinbase has bought a decentralized exchange named Paradex. This move by Coinbase is notable for two reasons. […]

cryptocurrency May 25, 2018

Two Russian financial institutions prepare to test a new regulatory platform with hopes of making ICOs more secure and transparent. Advertisements Russia’s National Settlement Depository (NSD) and Sberbank CIB will test a new regulatory platform created by the Bank of Russia, the country’s central bank. Both banks’ core lines of business include asset management and […]

cryptocurrency May 25, 2018

Three years ago, Augur, a prediction market system that runs on the ethereum blockchain, held one of the first initial coin offerings (ICOs), long before the funding mechanism gained mainstream momentum. Advertisements Between August 7 and September 5, 2015, the project issued 8.8 million reputation (REP) tokens from a maximum circulating supply of 11 million […]

cryptocurrency May 25, 2018

The Shenzhen branch of the Chinese tax administration has partnered with Tencent to develop blockchain solutions to a sticky tax problem. Advertisements The Shenzhen Municipal Office of the State Administration of Taxation has announced a partnership with the Shenzhen-based tech giant, Tencent, aimed at fighting tax fraud.  The joint project, called the “Intelligent Tax” Innovation […]

cryptocurrency May 24, 2018

A committee in the European Parliament passed a resolution that could lead to the use of distributed ledger technology throughout the continent. Advertisements On May 16th, the European Parliament Committee on Industry, Research and Energy passed a resolution outlining the benefits of adopting distributed ledger technology (DLT). The author of the resolution, Eva Kaili, a member […]

cryptocurrency May 24, 2018

Cryptocurrencies may present more risks than benefits, according to the governor of the Spanish central bank. However, Governor Linde also believes that distributed ledger technology offers the potential for cost reduction and improved efficiency. Advertisements On May 23, 2018, Luis María Linde, governor of Spain’s central bank, shared his thoughts on cryptocurrencies and distributed ledger […]

cryptocurrency May 24, 2018

Four unnamed sources with access to information about current US Department of Justice investigations have provided details of an ongoing joint investigation between the department and the CFTC into cryptocurrency price manipulation. Advertisements The United States Department of Justice is apparently conducting an investigation into suspected price manipulation of bitcoin as well as other cryptocurrencies […]

cryptocurrency May 24, 2018

According to a Thursday report, Noble Bank International has provided its banking services to Bitfinex since sometime in 2017. The cryptocurrency exchange seems to have cycled through a series of banking relationships after Wells Fargo abruptly ended its relationship with the company in April 2017. Advertisements The 1976 film All the President’s Men popularized the […]

cryptocurrency May 24, 2018

The Monetary Authority of Singapore has shut down an ICO and issued a warning to eight digital token exchanges about possible securities law violations. Advertisements On May 24, 2018, the Monetary Authority of Singapore (MAS) demanded an unidentified ICO cease selling tokens in Singapore, as it determined the offering was in violation of the country’s Securities […]

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