Blockchain entrepreneur Alex Tapscott has settled with Canadian regulators, and will pay a fine in addition to providing business ethics lectures. Blockchain entrepreneur Alex Tapscott is paying a $148,000 fine and will lead ethics seminars at three Canadian business schools per his settlement agreement with the Ontario Securities Commission (OSC), according to a report by […]
Continue Reading
The ICO market is down 97% on a year-on-year basis, reportedly making $40 million so far in 2019. The initial coin offerings (ICO) market is down 97% on a year-on-year basis making $40 million so far in 2019, according to research by cryptocurrency exchange BitMEX released on May 13. In the first quarter (Q1) of […]
Continue Reading
BitOasis has reportedly secured preliminary approval with the Financial Services Regulatory Authority of the Abu Dhabi Global Market. United Arab Emirates-based cryptocurrency exchange BitOasis has reportedly secured preliminary approval with financial regulators, Bloomberg reported on May 13. Founded in 2015, BitOasis claims to be the Middle East’s first digital currency wallet that uses multi-signature technology. […]
Continue Reading
New York-based crypto asset manager Grayscale reported a 42% growth in its product inflows in Q1 2019 over the previous quarter. American digital asset manager Grayscale Investments reported a 42% growth in its product inflows in Q1 2019 over the previous quarter, the firm announced in a new financial report on May 13. Grayscale was […]
Continue Reading
Microsoft is developing a decentralized identity network because, “every person needs a decentralized, digital identity they own and control…” Microsoft is building a decentralized identity (DID) network atop of the bitcoin blockchain, the tech giant announced on May 13. In a blog post, the company said the infrastructure, known as the Identity Overlay Network (ION,) is based on […]
Continue Reading
The Ethereum co-founder will work to build a platform dedicated to compliant security token development. Security token platform Polymath will build a separate blockchain for regulation-compliant tokens with an Ethereum (ETH) co-founder, the company confirmed in a blog post on May 13. Polymath, which has already contributed to the launch of over 100 security tokens, […]
Continue Reading
Every PAX deposited on the company’s platform can now be immediately sent as USD to a bank account. The company behind the Paxos Standard (PAX) stablecoin announced that its users can now instantaneously redeem unlimited amounts of its tokens for United States dollars. The development was described in a blog post published on May 13. […]
Continue Reading
Major American brands such as Barnes & Noble, GameStop and Whole Foods Market are among the retailers accepting payments. Payments startup Flexa unveiled an app where consumers can spend cryptocurrencies at major American retailers. The app was unveiled during the first day of the Consensus conference in New York City on May 13. Tyler Spalding, the company’s […]
Continue Reading
Almost 12% of crypto holders are long-term investors, according to a survey released by HBUS. Almost 12% of crypto holders are long-term investors, according to a survey shared with Cointelegraph on May 13 by HBUS, the operator of United States-based cryptocurrency exchange Huobi. The company reportedly surveyed 1,067 American participants between March and April this […]
Continue Reading
First announced in August 2018, ICE’s Bakkt is planning to test bitcoin futures trading and custody in July 2019. Bakkt plans to roll out testing for bitcoin futures trading in early July 2019, Bakkt CEO Kelly Loeffler announced in a Medium post on May 13. First announced in August 2018, institutional crypto exchange Bakkt now […]
Continue Reading