U.S. Government shutdown paralyzed the SEC and CFTC. On Jan. 25, United States (U.S.) President Donald Trump ended the partial government shutdown, albeit temporarily. As a result of the funding package he signed on Friday, the government will be open for three weeks. While the future still seems unclear for U.S. government facilities, which are […]
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Recap of this year’s World Economic Forum (WEF) Annual Meeting. This year’s World Economic Forum (WEF) Annual Meeting has finished, and it’s time to recap the highlights. The forum — held in Davos, Switzerland, as per tradition — lasted from Jan. 22 to 25. Similar to the last year, cryptocurrencies were one of the major […]
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The CBOE has withdrawn their BTC ETF rule change application, while Wyoming introduces crypto-friendly legislation. Top Stories This Week CBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov’t Shutdown The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its request for a rule change from the United States Securities and Exchange […]
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The Bank of International Settlements has released a contentious report on the future of Bitcoin’s use of the proof-of-work consensus. A recent report from the Bank of International Settlements (BIS) has cast a spotlight on the efficacy and longevity of the proof-of-work (PoW) consensus and the future of Bitcoin. The paper takes an in-depth look […]
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The U.K.’s financial watchdog has released a detailed consultation paper on regulation of crypto. On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time […]
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CEO Charles Li Xiaojia warned journalists at the World Economic Forum that companies should not flit between business cases prior to listing. The head of the Hong Kong Stock Exchange (HKEX) has addressed queries about initial public offering (IPO) listings amid confusion over Bitcoin mining giant Bitmain’s application. English-language newspaper South China Morning Post (SCMP) […]
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Suspect in Bitcoin miner heist Sindri Þór Stefánsson managed to flee to Sweden before authorities arrested him in the Netherlands. An Icelandic man has received a four-and-a-half-year prison sentence for stealing Bitcoin mining equipment, local English-language news outlet Iceland Monitor reported Jan. 17. Sindri Þór Stefánsson, who in April 2018 boarded a flight to Stockholm […]
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sponsored A new blockchain network is focusing on social responsibility — clamping down on fraud, illicit activities and making crypto accessible to millions of people. For the everyday consumer, cryptocurrencies and blockchain are still shrouded in mystery. User interfaces that are difficult to understand represent a major barrier to entry, with slow transaction speeds frustrating […]
Continue ReadingBitfury Surround joins the various blockchain solutions attempting to introduce more transparency to commercial music structures. Blockchain and Bitcoin mining manufacturer Bitfury announced the launch of a dedicated venture to open source the music industry in a blog post on Jan. 16. The spin-off, dubbed Bitfury Surround, aims to tackle the complex and often unfairly […]
Continue ReadingIt remains unknown how many employees are affected by the latest closure in Amsterdam, which Bitmain has officially confirmed. Cryptocurrency mining giant Bitmain Technologies has opted to reduce its operations in the Netherlands, the company said in a statement on Jan. 14. Bitmain, which in November announced the first in what has become a series […]
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