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cryptocurrency

cryptocurrency January 11, 2018

In February, the Senate Banking Committee will hold a hearing on cryptocurrency. The meeting will reportedly feature testimony from the leaders of the CFTC and the SEC, agencies that have cautiously defined the parameters of cryptocurrency regulation. Advertisements On Thursday, it was reported that the US Senate Banking Committee plans to host a hearing on […]

cryptocurrency January 11, 2018

Bills introduced to state legislatures in Florida and Nebraska would allow for EDCCs, or smart contracts, to be legally enforceable. They would also define qualifying blockchain-mediated digital signatures as legitimate in the eyes of the law. Advertisements A bill introduced to the Florida House of Representatives on January 9 proposes to recognize EDCCs (popularly known […]

cryptocurrency January 11, 2018

Investors and exchanges in South Korea were bracing themselves for what was understood as a potential government-issued ban on cryptocurrency trading; but conflicting reports from different parts of the government are now surfacing, leaving the global community rocking on its heels. Advertisements UPDATED | January 11, 2018 4:25 pm On Wednesday, January 10, 2018, reports […]

cryptocurrency January 11, 2018

Recently, Venezuela has found it almost impossible to make scheduled payment for $120 billion debt it owes foreign lenders and bondholders, due to the sanctions that forbids its government from using the US banking system. The President, Nicolás Maduro, of the country has now resorted to an ingenious way of raising funds for the nation; […]

cryptocurrency January 10, 2018

Source: dencg / Shutterstock.com Advertisements Over the past few years, the number of monthly Bitcoin transactions has skyrocketed. Source: Wikipedia The problem is, the current mechanism is not sufficient to maintain these levels of growth. Right now, the state of all blockchain protocols involves every node storing all states and processing all transactions. Advertisements While […]

cryptocurrency January 10, 2018

Credit:iStock.com/ByoungJoo Advertisements Once again, regulators at the U.S. Securities and Exchange Commission (SEC) have rejected applications for Bitcoin-based exchange-traded funds (ETFs), citing volatility as their main concern. Three different funds submitted proposals for the ETFs. However, all three put distance between the proposed product and the underlying asset, meaning that the ETFs would not hold […]

cryptocurrency January 10, 2018

January 10, 2018 12:17 AM Advertisements The vice chairman of the South Korean Financial Services Commission is calling for support from regulators around the world to examine cryptocurrencies. On January 8, 2018, vice chairman of the South Korean Financial Services Commission, Kim Yong-bum, appeared before the Steering Committee of the Financial Stability Board (FSB), an […]

cryptocurrency January 10, 2018

January 10, 2018 12:42 AM Advertisements On Tuesday, the company announced KODAKOne, a blockchain-based platform that aims to assist photographers with the registration and licensing of their work, along with a token offering. Some are questioning the strategy. A picture’s worth a thousand words, and to investors in Eastman Kodak, a blockchain is apparently worth […]

cryptocurrency January 10, 2018

Zcash was launched in October 2016 and is a fork of bitcoin designed with speed and privacy in mind. A fork from bitcoin means that Zcash uses the same basic programming as bitcoin does but the developers have made changes to the programming align it with Zcash’s vision for the cryptocurrency. Advertisements How Zcash is […]

cryptocurrency January 9, 2018

While everyone was in shock and awe at what appeared to be a cryptocurrency crash (it wasn’t), one digital currency kept on gradually inching higher. And no points for guessing—it was Ethereum. Advertisements Always touted as the strongest rival to Bitcoin, Ether has been gaining ground on the back of the attractiveness of the Ethereum […]