Chad Cascarilla, CEO of blockchain trust company Paxos, has revealed that the company’s gold-backed cryptocurrency will be launched in 2019. Blockchain trust company Paxos’ digital token backed by precious metals will be launched “definitely this year,” said Paxos CEO, Chad Cascarilla in an interview with Fortune’s Balancing the Ledger on March 11. During the interview, […]
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American retail corporation Overstock.com’s blockchain subsidiary Medici has acquired a stake in blockchain banking project Bankorus. Retail giant Overstock.com, Inc.’s blockchain subsidiary, Medici Ventures, has acquired a stake in blockchain banking platform Bankorus, according to a press release published on March 11. Medici Ventures has purchased a 5.1 percent stake in Bankorus, a blockchain banking […]
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A new report by the European Union Blockchain Observatory proposes a series of standards regarding blockchain technology. A recent report to the European Union made recommendations on how to better develop blockchain technology, including the introduction of interoperability and scalability standards. The report was published by the European Union Blockchain Observatory and Forum on March […]
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The governor of Colorado, Jared S. Polis has signed the “Colorado Digital Token Act” into law. The governor of the State of Colorado, Jared S. Polis has signed the “Colorado Digital Token Act” into law, according to a document published on March 6. The act — which was initially proposed in January and sponsored at […]
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A Barclays analyst stated that a possible “Facebook Coin” could generate $19 billion in additional revenue by 2021. Facebook’s own cryptocurrency, if launched, could potentially generate $19 billion in additional revenue by 2021, CNBC reports on March 11. Barclays internet analyst Ross Sandler wrote in a client note that a cryptocurrency could establish a new […]
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German parliamentary speakers have argued that the country’s blockchain strategy should include an appropriate legal framework for cryptocurrency trading and token issuance. German parliamentary speakers have argued that the country’s blockchain strategy should include an appropriate legal framework for cryptocurrency trading and token issuance that would encourage the sector’s domestic development. The suggestion was put […]
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The U.S. Commodity Futures Trading commission fined a Marshall Islands-based startup and its owner for illegally trading with U.S. customers. The United States Commodity Futures Trading Commission (CFTC) has announced Monday, March 11, that international securities dealer 1pool Ltd. and its CEO Patrick Brunner must pay a total of $990,000 for illicit Bitcoin (BTC) transactions […]
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Industry experts are forecasting wider adoption of cryptocurrencies and the emergence of another bull market. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data […]
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Ledger’s Attack Lab has found five vulnerabilities in hardware wallets of its direct competitor Trezor. Major hardware wallets manufacturer Ledger has unveiled vulnerabilities in its direct competitor Trezor’s devices, according to a report published on Monday, March. 11. As of press time, Trezor was not immediately available to comment on Ledger’s findings. The study states […]
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On-chain Crypto Lending: The Path To The Mainstream. One of the hottest topics in cryptocurrency right now is the potential ability for distributed ledger technology to transform the borrow and lending activities in traditional banking. This helps banks solve two major issues: application of legal actions and liquidity. But “on-chain” technology could solve another essential, […]
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