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Month: May 2018

cryptocurrency May 21, 2018

Operation Cryptosweep has targeted nearly 70 fraudulent ICOs and crypto-related investments products since May 1. Advertisements UPDATE | May 23, 2018: Jay Clayton, chairman of the US Securities and Exchange Commission (SEC), yesterday endorsed NASAA’s Operation Cryptosweep. In a statement, Clayton said: “I applaud our fellow regulators in the United States and Canada who are […]

cryptocurrency May 21, 2018

Russia’s Justice Minister gives cryptocurrency a legislative definition in an attempt to clarify current regulations. Advertisements Russia has had a tumultuous relationship with cryptocurrency in the past, but on Friday, the Russian government took what could be a big step towards defining what cryptocurrency is, and how it will be used. Surprisingly, it was an […]

cryptocurrency May 20, 2018

The largest bank in Japan will begin testing of proprietary cryptocurrency by 2019, top 5 cryptocurrency price changes, and more! Advertisements Mitsubishi UFJ Financial Group, Inc, the largest bank in Japan, announced will begin testing a proprietary cryptocurrency, called MUFG Coin, by 2019. Image from rawf8. Largest Bank in Japan to Begin Testing of Proprietary Cryptocurrency by 2019 […]

cryptocurrency May 20, 2018

Today ETHNews concludes this series, which has examined several proposed solutions for making blockchain technology more powerful. Advertisements This article, the last in a series of three, provides a brief overview of some of the off-chain instruments that developers are building in order to scale blockchains. Be sure to go back and read part one […]

cryptocurrency May 19, 2018

Wall Street Journal finds many ICOs with red flags, Tel Aviv Stock Exchange building blockchain securities lending platform, top 5 cryptocurrency price changes, and more! Advertisements The WSJ found that 271 of 1,450 ICOs they examined have red flags indicating the project may be fraudulent. Image from Rawpixel.com. Wall Street Journal Completes Study on Over 1,000 […]

cryptocurrency May 19, 2018

Ledger Atlas, a blockchain firm recently launched by mentees of billionaire venture capitalist Tim Draper, has signed an agreement to “develop and operate” a special economic zone in Papua New Guinea. Advertisements A US-based blockchain company has signed a Memorandum of Understanding (MoU) stating that it will operate and devise the rules for a soon-to-be-established […]

cryptocurrency May 18, 2018

In Today’s Crypto Minute: The SEC tries to scam ICO investors, Golem CEO raves on Ethereum, and Thailand successfully regulates the crypto market. HoweyCoins…seems legit! SEC Created its Own Scammy ICO to Teach Investors a Lesson According to theverge, the SEC has set up its own ICO to try to lure unsophisticated investors into purchasing its fake […]

cryptocurrency May 18, 2018

Bitcoin mining is potentially lucrative, but it’s also increasing the world’s energy consumption. This week, economist Alex de Vries published some eye-popping estimates. Advertisements In a society concerned with energy conservation and the human toll on our environment, the energy consumption required to successfully mine bitcoin is a rising concern. On May 16, economist Alex […]

cryptocurrency May 18, 2018

The Norwegian Central Bank is researching whether a central bank digital currency could provide benefits for customers. Advertisements Norway’s Central Bank, Norges, has extended a study that focuses on issuing a central bank digital currency (CBDC) as a way to supplement cash for customers. Several central banks in Europe, including Sweden’s Sveriges Riksbank, are already […]

cryptocurrency May 18, 2018

Polkadot’s PoC-1 proof of concept is now live. The platform has been designed to enable blockchains to scale, adapt, and communicate with one another. Advertisements Today, Web3 Foundation and Parity Technologies announced the release of their first proof of concept for Polkadot, PoC-1. The platform is intended to tackle some of blockchain technology’s most pressing […]