Speculation remains over whether Jihan Wu will serve as chairman or CEO of Matrix, the upcoming crypto services startup. Ex-Bitmain CEO Jihan Wu could launch his newest venture next month, according to a report by The Block on June 5. One unnamed source told the website that the crypto services startup, called Matrix, “will be […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin holds over the $7,800 mark. Wednesday, June 5 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) holds over the $7,800 mark. Market visualization courtesy of Coin360 Bitcoin is […]
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Aleksandr Konyuk said cybercrime was impacting peoples’ everyday lives and jurisdictions should study areas such as crypto as a result. Belarus’ general prosecutor has raised concerns about the role cryptocurrency could be playing in tax evasion, local daily news outlet TUT.by reported on June 4. Speaking as Belarus hosted the International Prosecutors Association’s regional conference, […]
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Mark Karpeles has revealed he will serve as the CTO of a new Japan-registered blockchain technology firm. Mark Karpeles — the former CEO of the now-defunct bitcoin (BTC) exchange Mt. Gox — has revealed he will serve as the chief technology officer of a new Japan-registered blockchain technology firm. The news was reported by Japanese […]
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Ripple, the company behind settlement-oriented crypto asset XRP, promised a higher degree of accuracy for XRP volumes and sales. Ripple, the company behind settlement-oriented crypto asset XRP, promised a higher degree of accuracy for XRP volumes and sales in a post published on June 3. In its announcement, Ripple cites recent reports about fake cryptocurrency […]
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The success of Tezos’ self-amendment process and other recent events stress the relevance of the topic of governance in the crypto community. On May 30, Tezos implemented the amendment Athens A, as the result of a voting process that involved its baker nodes (the Tezos equivalent of “miners”) from Feb. 28 to May 30. Although […]
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Bleakley Advisory Group’s Peter Boockvar says now is the time to monitor bitcoin, but buy gold and silver. Bitcoin (BTC) could inform investors worried about the United States–China trade war, an executive from financial planning and wealth advisory firm Bleakley Advisory Group told CNBC in an interview on June 4. On the back of stock […]
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Blockchain platform Neo is using a new consensus algorithm on its mainnet, the delegated Byzantine Fault Tolerance mechanism. Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4. The new algorithm purportedly provides immediate […]
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Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds. Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31. Money.pl received an email from one of its readers, who stated that Coinroom — which was […]
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Digital asset trading platform OKCoin has expanded its trading services and opened an office in Malta. Digital asset trading platform OKCoin has expanded its trading services and opened an office in Malta, according to a blog post published on June 4. OKCoin has launched its services to non-United States customers, who can now deposit and […]
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