The ICO Market Quarterly Report by ICObench shows that Q1 2019 saw fewer ICOs raising funds compared to Q4 2018. The first quarter of 2019 saw fewer initial coin offerings (ICOs) raising funds compared to the fourth quarter of 2018, according to a recent report from rating site ICObench. Per the ICO Market Quarterly Report, […]
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Frank Xiong from software development company Oracle estimates that 50 to 60 percent of companies will use blockchain tech in the next few years. Blockchain technology could possibly be used by 50 percent of all companies within the next three years, the vice president of blockchain product development at software company Oracle said on Monday, […]
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The Mauritius Financial Services Commission has issued a guidance note concerning security token offerings. The Mauritius Financial Services Commission (FSC) has issued a second guidance note concerning security token offering (STO) regulation, dated April 8. In the document, the FSC declared that security tokens are considered digitally represented securities as defined in the Securities Act […]
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The New York Department of Financial Services has denied Bittrex’s application for a BitLicense. The New York Department of Financial Services (NYDFS) has denied a BitLicense application from the Bittrex cryptocurrency exchange on April 10. In a letter to Bittrex CEO Bill Shihara, NYDFS explained that the exchange had inadequate policies and controls regarding Anti-Money […]
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The new U.S. bill from Rep. Darren Soto offers to allocate $25 million to the FTC from 2020 to 2024 to prevent crypto crimes. The so-called Digital Taxonomy Act of 2019, which United States legislators introduced yesterday, April 9, offers to allocate the Federal Trade Commission (FTC) $25 million annually to prevent crypto-related crime. The […]
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South Korea’s state arms procurement agency DAPA plans to use blockchain for secure sharing of data about military acquisition projects. South Korea’s Defense Acquisition Program Administration (DAPA) plans to improve the reliability of data in the arms industry by using blockchain, the agency announced in a press release on April 10. The state arms procurement […]
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Most of the top 20 cryptocurrencies are reporting slight to moderate gains as Bitcoin approaches the $5,300 mark. Wednesday, April 10 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) approaches the $5,300 mark. Market visualization courtesy of Coin360 Bitcoin’s price is […]
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The EU Blockchain Observatory & Forum released a report entitled “Tokenization of physical assets and the impact of IoT and AI.” The European Union Blockchain Observatory and Forum released a report entitled “Tokenization of physical assets and the impact of IoT and AI” on April 10. The report, authored by Dr. Tim Weingärtner, a professor […]
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sponsored A blockchain ecosystem has launched a $1.5 million DApp funding program to encourage developers to build compelling applications on its platform. An established blockchain ecosystem has launched a decentralized application (DApp) funding program worth $1.5 million to incentivize developers and enthusiasts to build applications with real value. WaykiChain says it will offer support of […]
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Minutes of a meeting held last month reveal discord over Bitcoin’s ultimate status for the Japanese regulator. Japanese finance regulator the Financial Services Agency (FSA) no longer wishes to describe Bitcoin (BTC) as a virtual currency, Cointelegraph Japan reported on April 8, quoting minutes of a meeting originally held on March 4. During a plenary […]
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