Card network fees, EMV regulations and merchant liability are creating an opportunity for crypto payments to become a serious thing. At first glance, you wouldn’t expect to encounter much technological nuance amongst the bustling corridors of the crowded Wushan Night Market in Hangzhou, China. I remember browsing vendors in those crowded streets one humid evening, considering […]
Congressman Tom Emmer has praised the U.S. Securities and Exchange Commission (SEC) for clarifying that ethereum’s native cryptocurrency, ether, is not a security. As previously reported, last week, the SEC’s director of Corporation Finance, William Hinman, told the audience at the Yahoo! All Markets Summit: Crypto conference that “current offers and sales of ether are […]
Sure the cypherpunks love CryptoKitties, but turns out luxury fashion brands are also taking a shine to the digital fluffballs. Or at least, they’re into the technology behind the ethereum-based decentralized application that captured the hearts and minds of crypto enthusiasts in December of last year. According to French startup Arianee, which boasts former employees […]
Hydro-Québec proposes rules that would require mining companies to place bids for their electricity. Quebec’s power company, Hydro-Québec, has developed a plan to manage cryptocurrency miners’ thirst for electricity. Hydro-Québec announced on Thursday a new policy proposal (French) that would require each cryptocurrency company to bid for its electricity and prove it needs the amount […]
UPDATED | June 22, 2018: Tom Hannaford, an account supervisor for Wachsman PR, reached out to ETHNews and explained that there had been a miscommunication with Reuters during the initial coverage of Phil Potter’s departure from Bitfinex. He provided a revised statement from Potter, who said, “As Bitfinex pivots away from the US, I felt […]
Will criminal cases force the US Supreme Court to make a definitive ruling as to whether crypto should be treated the same as fiat? The US Supreme Court mentioned bitcoin and cryptocurrency while issuing a ruling on a seemingly unrelated case. On June 21, the Supreme Court issued its opinion on the case of Wisconsin […]
China furthers its blockchain research efforts with a new lab. The Chinese Academy of Sciences, the premier Chinese research institution, announced the creation of its Big Data and Blockchain Lab at a symposium on June 15. The lab will be used to study blockchain technology from a mathematical perspective and foster talent in the growing […]
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