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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 […]

cryptocurrency May 23, 2018

Bank of America has been granted a patent by the US Patent and Trademark Office for a system that uses time and native security tokens to control access and security for subcomponents of blockchains. Advertisements Bank of America’s newest blockchain-related patent, a “system for managing security and access to resource sub-components” (USPTO patent #9979718), offers […]

cryptocurrency May 22, 2018

iStock.com/tigerstrawberry Crypto Rally Slows Down As I write this report, cryptocurrency prices are in the middle of a vicious tug of war between the bulls and the bears. And the bears are winning right now. Advertisements Most, if not all, of our favorite cryptocurrencies trended down over the last seven days, erasing the progress they […]

cryptocurrency May 22, 2018

Politicians in Colorado may be next in line to accept cryptocurrency to aid their campaigns. Advertisements On May 16, the Denver Post reported that candidates for state office in Colorado might soon be allowed to accept cryptocurrency as campaign contributions. Secretary of State Wayne Williams presented the proposal in a working draft of proposed rules […]

cryptocurrency May 21, 2018

A Japanese financial watchdog has apparently pushed cryptocurrency trading platforms operating in the country to stop allowing customers to trade in several privacy coins. Advertisements UPDATED | May 21, 2018: The cryptocurrency exchange Coincheck, which was recently acquired by the Monex Group, has announced that effective June 18, it will no longer support the trade […]

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

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

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 […]