Chaos at the headquarters of MakerDAO: Why have some key members left the company, while others hired a lawyer? In the crypto industry, there are many examples of how a conflict of interest has led to a company split. Perhaps, the largest ones are the forks of bitcoin (BTC), bitcoin cash (BCH) and the Ethereum […]
Continue Reading
Merrill Lynch had informed FINRA about Kyung Soo Kim failing to tell bosses about his mining activities, which flouted rules. The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine. According to the “letter of acceptance, […]
Continue Reading
United States-based bitcoin-supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee. United States-based bitcoin (BTC)-supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee in a tweet published on June 12. Square Crypto was announced in March of this year when the organization joined […]
Continue Reading
The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to the index. The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to an index for the 100 strongest-performing cryptocurrencies and tokens. The terminals’ support of the “CIX100” […]
Continue Reading
The exchange’s co-founder called the move a regulatory play following the turmoil at affiliated platform Bitfinex. Cryptocurrency exchange Ethfinex, the sister exchange of Bitfinex, has launched a test decentralized autonomous organization (DAO), the company confirmed in a blog post on June 12. Ethfinex — which earlier this month launched a decentralized over-the-counter (OTC) trading platform […]
Continue Reading
The former deputy governor of South Korea’s financial regulator has been nominated to lead the Korea Blockchain Association. The former deputy governor of South Korea’s financial regulator, the Financial Supervisory Service (FSS), has been nominated to lead the Korea Blockchain Association. The news, revealed by the association on Monday, was reported by local English-language daily […]
Continue Reading
Precious metals streaming company Wheaton Precious Metals will use blockchain technology to facilitate its metal accounting processes. Precious metals streaming company Wheaton Precious Metals (WPM) will use blockchain technology to facilitate its metal accounting processes, mining.com reported on June 12. WPM has reportedly hired software company Blockhead Technologies to deploy its blockchain-based platform STAMP to […]
Continue Reading
Top cryptocurrencies are trending up, and most tokens are in the green right now. Wednesday, June 12 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all in the green. Cryptocurrencies on the whole are trending up today, according to data provided by Coin360. Market visualization courtesy of Coin360 After peaking around $9,000 […]
Continue Reading
There has been a lot of speculation over whether Facebook would release a cryptocurrency after its ad ban in 2018. At that time, I had speculated that they could either create their own coin, or that they could integrate Litecoin. Though this integration now looks unlikely, it is interesting that the release of the Libra […]
Continue Reading
Helium releases blockchain-based hotspots with Wi-Fi and sensor capabilities, and intends for them to eventually provide a network of seamless IoT coverage. Napster creator Shawn Fanning’s new company Helium has released its internet of things (IoT) wireless hotspot devices with a blockchain-based incentives program, according to an official blog post by Helium on June 12. […]
Continue Reading