Ethereum Watch

IBM strikes again – this time to help the Australian government use blockchain technology to improve its data security. Advertisements On July 4, it was reported that IBM has entered a five-year agreement worth $1 billion AUD (about $740 million) with the Australian government to integrate blockchain technology into the country’s federal departments, such as […]

According to a July 5 report by local news outlet, Cripto Tendencia, the Venezuelan minister of habitat and housing, Ildemaro Villarroel Arismendi, announced the government’s intentions to build houses for the homeless, and to fund the project using the nation’s embattled cryptocurrency, the petro. Advertisements The project is to operate under the umbrella of the […]

It was reported this week that Japan’s Financial Services Agency is looking to regulate cryptocurrency exchanges under a different law, but there seems to be some contention about whether that’s true. Advertisements UPDATED | July 6, 2018: Japanese outlet CryptoWatch reported that a source from the FSA has denied claims the agency is considering regulating […]

The cryptocurrency exchange run by the Winklevoss twins announced it has hired Robert Cornish, formerly of the New York Stock Exchange, as chief information officer. Advertisements Gemini, the cryptocurrency exchange operated by Tyler and Cameron Winklevoss, has announced the hiring of Robert Cornish as its chief technology officer. According to a press release, Tyler Winklevoss […]

A cryptocurrency exchange in Israel has agreed to share certain customer transaction information with the country’s tax authority. Advertisements The Israel Tax Authority (ITA), the country’s tax collector, recently entered an agreement with Bits of Gold Ltd., a major Israeli cryptocurrency exchange, to obtain customer transaction information. The agreement requires the exchange to provide information […]

The price of EOS RAM has increased 600 percent, creating fears that hoarding may hinder Dapp production and endanger the future of EOS itself. Advertisements On July 1, RAM in the EOS network cost about 0.11 EOS per kilobyte, a price around which the resource had long hovered. Then, over the course of two days, […]

For two Nevada residents, the gamble of illegally selling blockchain stock did not pay off. Advertisements Two Nevada residents have been charged with profiting from the illegal sale of stocks in a suspicious company that claimed to be blockchain-related. According to a July 2 press release from the Securities and Exchange Commission (SEC), attorney T.J. […]

Buterin’s proposal is intended to help miners choose their optimal bid when participating in a transaction. Advertisements In a paper published July 2, Ethereum founder Vitalik Buterin outlined the problems with the current system by which crypto miners are compensated for their work, and how to improve this process. According to the paper, nearly all […]

The SEC has approved a proposal to “modernize” the ETF application process. But will it actually impact crypto-related products? Advertisements On June 28, the Securities and Exchange Commission (SEC) voted to propose a new regulatory framework that would allow exchange-traded funds (ETF) to come to market without requiring applicants to apply for individual exemptive orders. […]

The National Institution for Transforming India wants to use blockchain technology to improve the country’s fertilizer subsidy system. Advertisements On June 30, the National Institution for Transforming India (NITI Aayog) signed a statement of intent to collaborate with Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC) on a blockchain solution to manage fertilizer subsidies. The […]