Ethereum Watch

Sberbank is stretching its wings beyond Russia’s borders to avoid ruffling the feathers of authorities that have restricted the bank from engaging in cryptocurrency trading within the country. Advertisements On January 30, 2018, Sberbank’s Head of Global Markets, Andrey Shemetov, told press that the bank will look outside of Russia to legally facilitate trades in […]

On Wednesday, as part of its Market Risk Advisory Committee Meeting, the Commodity Futures Trading Commission hosted a discussion on the self-certification process, which was used by several exchanges to list bitcoin derivatives products. Advertisements On January 31, 2018, at a meeting of the CFTC’s Market Risk Advisory Committee, Commissioner Rostin Benham called the launch […]

Bloomberg Discovers U.S. FTC’s Subpoena of Tether and Bitfinex According to Bloomberg, the U.S. Commodity Futures Trading Commission (FTC) sent subpoenas on December 6, 2017, to Bitfinex and Tether. Both companies have the same CEO, Jan Ludovicus van der Velde. Federal authorities are going to assess if all of Tether’s coins are backed by U.S. dollars […]

Advertisements Credits: istock.com/lightboxx Ethereum News Update Ethereum prices are proving more resilient than BTC or BCH, but that doesn’t mean they are untouched by this week’s crypto market crash. Ethereum too was affected by the tidal wave of pessimism. As a result, ETH is trading 4.66% lower against the U.S. dollar. Advertisements This puts the […]

The US Securities and Exchange Commission continues its crusade against potentially fraudulent ICOs. Advertisements On January 25, 2018, one day before the Texas Banking commissioner issued a cease and desist letter, the US Securities and Exchange Commission (SEC) filed a complaint against AriseBank, Stanley Ford, and Jared Rice Sr. in federal district court in Dallas. […]

Lithuania’s Finance Minister related his thoughts on cryptocurrency, and how he sees promise in blockchain technology. Advertisements On January 30, 2018, Lithuania’s Finance Minister Vilius Šapoka spoke to press at the Paris Fintech Forum about his country’s open approach to FinTech management and cryptocurrency regulation. Šapoka believes there is potential in the application of blockchain platforms […]

One of the world’s most significant technical professional organizations is hosting a forum to discuss the future of medical data. Advertisements As announced on January 30, 2018, the Institute of Electrical and Electronic Engineers (IEEE) along with its own internal standards-setting body, the IEEE Standards Association, will host a one-day event highlighting the potential of […]

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Advertisements Ethereum News Update Yesterday, I said Ethereum is starting to front-run Bitcoin in terms of institutional support. And what happened the same day? A major pension fund launched a $50.0-million cryptocurrency investment fund—and it is based around Ethereum. The new fund comes courtesy of OMERS, one of Canada’s biggest pension funds. (Source: “Ethereum Capital […]

One of Canada’s largest investment funds is hoping to leverage the ethereum ecosystem through a new venture. Advertisements Ethereum Capital, a recently incorporated entity formed primarily by Canadian investment group OMERS, is raising $50 million and preparing for a reverse-takeover procedure. When the funding round is completed on Feb. 16, the company will invest the […]