Ethereum Watch

Ripple has teamed up with MoneyGram make MoneyGram’s money transfers faster and more efficient. Image by Mike Mozart. Advertisements Ripple and MoneyGram Collaborate to Test Money Transfers through xRapid Network Ripple has teamed up with MoneyGram make MoneyGram’s money transfers faster and more efficient through Ripple’s xRapid payment network. As reported by CNBC, Ripple’s XRP increased 15 […]

The troubled exchange is being sued for allegedly making deceptive statements and false promises, attempting to skirt legal liability, and planning to leave customers holding the bag. Advertisements Several years ago, the cryptocurrency exchange, Vircurex, halted trading and to date, it has not returned all assets to its customers. This week, a proposed class-action lawsuit was filed in the Colorado […]

The Financial Stability Oversight Council recently created a working group to examine cryptocurrency. However, Treasury Secretary Steve Mnuchin appears unperturbed by any financial threat posed by bitcoin, notwithstanding potential losses by speculators. Advertisements On Friday morning, Treasury Secretary Steve Mnuchin spoke with David Rubenstein, president of the Economic Club of Washington, DC. In a segment […]

January 12, 2018 12:40 AM Advertisements A bill submitted to the US House of Representatives would require a taskforce on financial technology to be created. On January 10, Ted Budd (R- NC) introduced a bill to the House of Representatives that calls for the formation of a FinTech taskforce, among other things. It was then […]

ETHNews surveys efforts by Lithuania, Switzerland, and Ukraine to regulate and study blockchain technology and cryptocurrencies in their respective nations. Advertisements Blockchain technology is taking off, and to keep pace with the development of disruptive platforms, governments around the globe are responding. The Bank of Lithuania has revealed plans this week for a regulatory sandbox […]

The Gibraltar Blockchain Exchange (GBX) is planning on selling “Rock Tokens” to raise USD 6 million. Photo by Igor Grochev. Rumors of a Ban on Cryptocurrency Trading in South Korea According to the Guardian, there are rumors of an upcoming ban cryptocurrency trading in South Korea due to concerns over tax evasion. The market price of Bitcoin […]

What if there were no exchanges to hack? Advertisements As a new generation of crypto users begin to invest in the technology, developers are growing concerned about its infrastructure. They’ve seen this happen before – new users enter the space attracted by big gains, then suddenly, a catastrophic failure, usually at the very exchanges designed […]

In February, the Senate Banking Committee will hold a hearing on cryptocurrency. The meeting will reportedly feature testimony from the leaders of the CFTC and the SEC, agencies that have cautiously defined the parameters of cryptocurrency regulation. Advertisements On Thursday, it was reported that the US Senate Banking Committee plans to host a hearing on […]

Bills introduced to state legislatures in Florida and Nebraska would allow for EDCCs, or smart contracts, to be legally enforceable. They would also define qualifying blockchain-mediated digital signatures as legitimate in the eyes of the law. Advertisements A bill introduced to the Florida House of Representatives on January 9 proposes to recognize EDCCs (popularly known […]

Investors and exchanges in South Korea were bracing themselves for what was understood as a potential government-issued ban on cryptocurrency trading; but conflicting reports from different parts of the government are now surfacing, leaving the global community rocking on its heels. Advertisements UPDATED | January 11, 2018 4:25 pm On Wednesday, January 10, 2018, reports […]