South Korea’s Democratic Party Lawmaker Urges Authorities to ‘Open Up the Road’ to ICOs

South Korea’s Democratic Party lawmaker urges the state to “open up the road” to ICOs by easing regulations. A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2. According to the article, […]

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Blockchain-Based Ad Startup to Refund Contributors if Development Milestones Aren’t Met

sponsored A blockchain-based digital advertising startup is launching a hybrid ICO model inspired by Vitalik Buterin’s DAICO, where contributors can receive refunds if milestones aren’t met. A digital advertising startup with the goal of “building a better internet” for web users, publishers and advertisers is embarking on the second round of its token offering – […]

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Venture Capital Investment in Blockchain and Crypto Up 280% in 2018, Report Shows

A new report from Diar reveals that “traditional” venture capital investment in blockchain and crypto firms has almost tripled in the first three quarters of 2018. “Traditional” venture capital (VC) investment in blockchain and crypto firms has almost tripled in the first three quarters of 2018, according to a new Diar report published September 30. […]

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Italian Banking Association Completes First Test of Blockchain-Based Interbank System

A group of 14 Italian banks has successfully completed the initial stage of its blockchain-powered interbank system project. The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29. By applying distributed ledger technology (DLT), the group of 14 […]

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Korea’s Largest VC Firm Makes First Investment in Enterprise Blockchain Startup

KIP is known for its investments in high-ranking firms, including Naver and Kakao. South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release. KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search […]

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Enterprise Ethereum Alliance and Hyperledger Enter Formal ‘Association’ Agreement

The EEA and Hyperledger will seek more active cooperation to advance the enterprise blockchain sphere. The Enterprise Ethereum Alliance (EEA) and Hyperledger announced October 1 they would join each other’s organizations as “Associate Members” in order to support enterprise blockchain adoption. The EEA, an enterprise blockchain organization created in March 2017 by Santander, JPMorgan, and […]

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UK Finance Minister: Blockchain Could Be Solution to Irish Border Trade Issue After Brexit

UK finance minister Philip Hammond has said that the integration of blockchain could solve the issue of the Irish border upon Brexit. British finance minister Philip Hammond has said that the issue of trade across the Irish border after Great Britain leaves the European Union (EU) might be solved by deploying blockchain technology, The Irish […]

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ShapeShift CEO Erik Voorhees Refutes WSJ Reports of ‘Dirty Money’

Crypto exchange ShapeShift has refuted WSJ reports of it being used to launder $9 million. Cryptocurrency exchange ShapeShift has refuted a recent Wall Street Journal report that $9 million in ill-gotten funds went through the exchange, according to an announcement published October 1. On September 28, WSJ released an article dubbed “How Dirty Money Disappears […]

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EOS Developer Acknowledges Claims of ‘Collusion’ and ‘Mutual Voting’ Between Nodes

EOS acknowledges accusations of voting manipulation and pay-offs after claims that main EOS nodes are participating in “mutual voting.” Block.one, the developer of blockchain protocol EOS, has published a statement on EOS public blockchain governance in an official Medium post October 1, signed by Block.one’s CEO, Brendan Blumer. In the statement, Blumer states that the […]

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