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cryptocurrency June 21, 2018

On Wednesday, blockchain art investment platform Maecenas began its auction of Andy Warhol’s silkscreen “14 Small Electric Chairs.” Here is how the process works. Advertisements In a typical auction, the individual who places the highest bid wins and receives the lot after paying the bid amount. Contrary to the traditional format, Maecenas is offering digital […]

cryptocurrency June 21, 2018

On June 21, 2018, Twitter announced its acquisition of Smyte, “a San Francisco-based technology company that specializes in safety, spam, and security issues.” The social media company described the purchase as part of its continuing commitment to healthy conversation on the platform. Advertisements “Smyte’s products will help us address challenges in safety, spam and security […]

cryptocurrency June 20, 2018

The Central Bank of Brazil and other financial regulators will begin using a blockchain platform for sharing information regarding the authorization of financial institutions. Advertisements The Brazilian central bank (Banco Central Do Brasil, or BCB) has announced plans for a blockchain platform intended to streamline the authorization of financial institutions, by facilitating the efficient distribution […]

cryptocurrency June 20, 2018

This is not the audit you’re looking for. Advertisements Tether has released a three-page transparency report authored by Washington, DC, law firm Freeh Sporkin & Sullivan LLP (FSS). The Hong Kong-incorporated company, which created a cryptocurrency equivalent to the US dollar, has faced mounting criticism for its failure – or, perhaps, unwillingness – to prove […]

cryptocurrency June 19, 2018

Starting next month, the University of California, Berkeley, will join the ranks of other educational institutions by offering an online professional certificate program focused on blockchain technology. Advertisements With the ever-expanding reach of crypto, individuals and businesses alike seek to develop their literacy of blockchain technology. Berkeley’s online program aims to do just that – […]

cryptocurrency June 19, 2018

Got bitcoin? Or Ethereum? Or Zcash? The Office of Government Ethics keeps an eye on potential conflicts of interest. Advertisements At certain thresholds, employees of the executive branch must report their virtual currency holdings, according to guidance released on June 18, 2018, by the Office of Government Ethics (OGE). Those thresholds include reporting requirements “if […]

cryptocurrency June 18, 2018

Busan could be South Korea’s answer to Switzerland’s Crypto Valley. Advertisements Things are looking up for cryptocurrency and blockchain in South Korea. The Bank of Korea is in the early stages of studying a possible central bank-issued digital currency, the Korea Customs Service revealed plans in late May to combat smuggling through blockchain technology, and […]

cryptocurrency June 18, 2018

The online payment processing company Square has been issued a license by the New York State Department of Financial Services, becoming the seventh company to obtain a BitLicense. Advertisements The New York Department of Financial Services (DFS) announced Monday that it has issued a BitLicense to Square, the online credit card payment processing company. While […]