It’s estimated that the South Korean exchange lost over $35 million worth of cryptocurrency and the market has not been kind. 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 the […]
New Canadian crypto regulation will treat crypto exchanges and payment processors as money services businesses. 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 Canada’s […]
Thailand announces new framework for cryptocurrencies and ICOs, EOS network enters block producer voting phase, top 5 cryptocurrency price changes, and more! The appointed block producers of the EOS network have voted to launch the EOS blockchain. Image from Denis Mikheev. EOS Network Enters Voting Phase After Appointed Block Producers Agree to Launch Mainnet The appointed block producers […]
From the mists of ideation, a first wave of ethereum dapps is starting to emerge. Launched in 2015 with the promise that developers could use its technology as a “secure backbone” for a new kind of software application, ethereum has long held the promise of enabling such innovations, all “without any possibility of downtime, censorship […]
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. UPDATED | June 11, 2018: The Vollgeld Initiative, described below, […]
Lithuanian Finance Ministry releases guidelines for ICOs, Netherlands’ bank claims blockchain not ready for mainstream adoption, top 5 cryptocurrency price changes, and more! The Lithuanian Finance Ministry has released comprehensive guidelines for ICOs in an effort to attract blockchain-based startups. Image from Grisha Bruev. Lithuanian Finance Ministry Releases Guidelines for ICOs The Lithuanian Finance Ministry has released comprehensive […]
Ethereum is transparent to the core. Much like bitcoin, the platform uses this transparency as part of its security – with it in some ways ensuring that users cannot fake transactions. However, new anxieties are emerging regarding this transparency and the potential problems that such data exposure might have for businesses. In the past, these […]
A recap of the latest news and announcements by Block.One and EOS.IO Disclaimer: ICO Alert does not endorse or recommend participating in any initial coin offerings, including EOS. ICO Alert does not receive any compensation for the Everything EOS Podcast from Block.One or EOS, however, Robert Finch and Zack Gall do both personally own EOS tokens. […]
Connecticut will create a taskforce to determine how the state can grow and benefit from blockchain technology. 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 bill […]
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. On June 8, 2018, NBA Hall of Famer and five-time NBA champion Dennis Rodman announced […]
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