Ethereum Watch

It’s estimated that the South Korean exchange lost over $35 million worth of cryptocurrency and the market has not been kind. Advertisements Lesser-known South Korean exchange Coinrail announced today that it suffered an attack in the early hours of June 10. Custodians of the exchange were able to move most of their customers’ holdings to […]

New Canadian crypto regulation will treat crypto exchanges and payment processors as money services businesses. Advertisements On June 9, Canada’s Department of Finance released a draft of official regulations for cryptocurrency exchanges and payment processors. According to the draft, these regulations are in response to “a number of deficiencies” found in a 2015-2016 evaluation of […]

Switzerland – a country famous for its banks – is voting on one of the boldest monetary reforms ever devised. If passed, the Vollgeld Initiative will amend the Swiss Constitution to destroy fractional reserve banking, which may have significant implications for the world’s financial systems. Advertisements UPDATED | June 11, 2018: The Vollgeld Initiative, described […]

Connecticut will create a taskforce to determine how the state can grow and benefit from blockchain technology. Advertisements This week, Connecticut governor Dannel Malloy signed into law SB443, which establishes a working group that will study blockchain technology and create a master plan for “fostering the expansion of the blockchain industry in the state.” The […]

On Friday, former basketball star Dennis Rodman shared that he’ll be in Singapore for a pivotal meeting between the United States and North Korea. For the second time in as many years, PotCoin is helping Rodman pursue his diplomatic aims. Advertisements On June 8, 2018, NBA Hall of Famer and five-time NBA champion Dennis Rodman […]

Thailand’s Central Bank is researching blockchain technology, including the benefits of issuing a central bank digital currency. Advertisements On June 5, the Bank of Thailand’s (BoT) governor, Veerathai Santiprabhob, announced the bank has been researching the benefits of blockchain technology and is considering issuing a central bank digital currency (CBDC). During his keynote speech at […]

The potential opening of a Fidelity Investment cryptocurrency exchange begs the question of how money designed to be independent of banks could be affected by the introduction of an institutional interloper. Advertisements Cryptocurrency has always held a contentious relationship with traditional banking. In 2009, the genesis block of bitcoin had embedded in it an indictment […]

The company behind some of the world’s most popular cryptocurrency mining chips and one of the world’s largest bitcoin mining pools is open to going public. Advertisements Bitmain, a Beijing-based chip developer and operator of the AntPool bitcoin mining pool, could be receptive to an initial public offering (IPO), according to a Thursday report by […]

Amidst a national narrative in which cryptocurrency is sometimes endorsed and sometimes disparaged, President Vladimir Putin has confirmed at least one emerging truth about cryptocurrency moving forward in the Russian Federation. Advertisements Vladimir Putin has made clear his take on the sovereignty of cryptocurrencies. “Russia cannot have its own cryptocurrency inherently, just like no other […]

Cryptocurrency mining company Coinmint has announced its New York data center project, which it hopes to have the largest capacity for digital currency mining in the world. Advertisements Coinmint signed a lease for the 1300 acre Alcoa site in Massena, New York, which has a 435-megawatt power capacity, on December 1, 2017. Operations to convert […]