Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves

Cryptocurrency pioneer Nick Szabo has argued that amidst rising geopolitical uncertainty, central banks could soon turn to cryptocurrency reserves. Cryptocurrency pioneer Nick Szabo has argued that central banks could soon turn to cryptocurrencies to shore up their reserves, Finance Magnates reports Jan. 9. Szabo is a veteran cryptographer, having developed the concept of “BitGold” — […]

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Japan’s Financial Regulator Denies Interest in Bitcoin ETF

Japan’s Financial Services Agency has denied that it is considering to allow Bitcoin exchange-traded funds (ETFs). Japan’s Financial Services Agency (FSA) has denied that it is considering allowing Bitcoin (BTC) exchange-traded funds (ETFs), Cointelegraph Japan reports Jan. 9. As Cointelegraph reported Monday, Bloomberg has recently published an article claiming that Japan’s FSA is considering the […]

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France’s Yellow Vests Plan Bank Run to ‘Scare State Without Violence’

Organizers of the “Collectors’ Referendum” expect it to be the “most effective” demonstration so far. French grassroots political movement the Gilets Jaunes — Yellow Vests — is planning a bank run similar to Bitcoin’s (BTC) Proof of Keys, sources revealed on social media Jan. 7. Dubbed the “Collectors’ Referendum,” the latest demonstration by the movement […]

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ETH Dev Suggests Moving to ‘ASIC-Friendly Algorithm’ After ProgPoW Decision

Alexey Akhunov, an Ethereum code contributor, suggested that Ethereum developers should ‘embrace’ specialized mining hardware (ASICs). An Ethereum (ETH) code contributor has suggested that Ethereum developers ‘embrace’ specialized mining hardware (ASICs) in a reply on Ethereum developer forum Ethereum Magicians, Jan. 7. As Cointelegraph reported last week, Ethereum core developers have tentatively decided to implement […]

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Canaan May Begin New York IPO by End of Q2 2019, Anonymous Sources Tell Bloomberg

Having failed to conduct an IPO in Hong Kong, Canaan is apparently eyeing an alternative jurisdiction. Chinese Bitcoin mining hardware manufacturer Canaan Creative is considering a new initial public offering (IPO) in New York, Bloomberg reported on Jan. 8, quoting anonymous sources. Canaan, China’s second-largest hardware player, could begin selling its shares in a private […]

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