Ethereum Watch

iStock.com/allanswart Ethereum News Update While blockchain use-cases are filtering into the real economy, cryptocurrency markets have sputtered to a standstill. Prices are just moving sideways. Advertisements But before we delve into those forces, I want to emphasize that blockchain development is happening at all levels of business, even the upper echelon of the Fortune 500. […]

Bank Frick announced it will be offering services for five popular cryptocurrencies. Advertisements On February 28, 2018, Liechtenstein-based Bank Frick revealed it will offer both investment opportunities and cold storage services for customers who dabble in cryptocurrencies. A statement issued by the bank said that it will facilitate trades “within the fully regulated framework of […]

The Republic of the Marshall Islands reportedly plans to issue its own cryptocurrency, the Sovereign (SOV), which would be treated as legal tender alongside the US dollar. This has the potential to impact the country’s relationship with the United States, which has long provided defense for the small nation. Advertisements This week, it was reported […]

Ethereum News Update Earlier in the year, Ethereum co-founder Vitalik Buterin said that 2018 is when cryptocurrencies would have to live up to the hype from last year. It seems he might be right. Advertisements What we’re seeing this year is tectonic movement on regulatory issues, industry standards, and technical progress. Some of these changes […]

German authorities have shed some light on cryptocurrency tax implications. Advertisements On February 27, 2018, the German Federal Ministry of Finance, Bundesministerium der Finanzen, released a message to the public clarifying that it would not tax cryptocurrencies such as bitcoin when they are used in payments. According to the document, when used for purchases, cryptocurrencies […]

Several major telcos have unveiled a plan to enhance the security of mobile accounts, which has been a source of concern for members of the cryptocurrency community. The proposed system will reportedly employ blockchain technology. Advertisements On March 1, the Mobile Authentication Taskforce, a cooperative effort between telcos AT&T, Sprint, T-Mobile, and Verizon, revealed that […]

Kraken said it will give users several weeks to adjust to changes following news that the exchange will close SWIFT and SMBC accounts. Advertisements The cryptocurrency exchange Kraken has sent an email to customers saying it will no longer support Japanese yen funding accounts of Japan-based financial provider Sumitomo Mitsui Banking Corporation (SMBC). Additionally, the […]

Blockchain technology has enabled a securities lending trade between two major banks, Credit Suisse Group AG and ING Groep NV. Advertisements On Thursday, March 1, 2018, Credit Suisse Group AG and ING Groep NV reported that a lending transaction totaling more than $30 million worth of securities was settled using blockchain-based software. Managing director at […]

With the state’s blessing, CNET Antigua is planning to launch an Ethereum-based ICO to fund public-private development projects in Antigua and Barbuda. Advertisements UPDATED | March 1, 2018: ETHNews has received a response from CNET Antigua regarding our inquiries; that update has been appended at the end of this article. ORIGINAL | February 28, 2018: […]

Ethereum News Update There’s a lot of Ethereum news this morning, so I cherry-picked the three most interesting stories I could find. One of them, in particular, might affect our Ethereum price forecast. Advertisements Before I get to those stories, however, you should probably know that ETH prices are down 1.95% against the U.S. dollar. The […]