International standards for crypto are coming, but at what cost to innovation? There are over 2,000 different coins in existence right now, each with their own unique characteristics, uses and communities, while there are masses of different blockchains, platforms and exchanges — all of which answer to competing needs and values. On the one hand, […]
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A recent study by Imperial College London analysts claims that crypto pump and dump scams account for $7 million in trade volume each month. A recent study has found that pump and dump schemes account for about $7 million worth of trading volume per month, MIT Technology Review reported Dec. 4. The analysis was performed […]
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According to Finance Minister Ueli Maurer, Switzerland will not create any specific blockchain or crypto legislation. The Swiss Minister of Finance, Ueli Maurer, has rejected a possible blockchain law in a speech at blockchain conference Infrachain in Bern, Cointelegraph auf Deutsch reported today, Dec. 4. Instead of a specific blockchain or crypto legal framework, Switzerland […]
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Crypto exchange traded products prove divisive, as the SEC mulls over its latest landmark decision. On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP). Exchange-traded products (ETP) are derivatively priced securities that are traded on a national securities exchange. Their pricing derives […]
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London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain. London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain this May, Reuters UK reports today, Dec. 3. Calastone processes mutual fund trades for over 1,700 financial companies, including JPMorgan Asset […]
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‘World’s first’ blockchain phone launches, as Sirin Labs outlines plans to bridge the gap between crypto and the mass market. After months of expectation and one of the top-five biggest ICOs of 2017, on Nov. 29 Sirin Labs has launched Finney, the ‘world’s first’ blockchain smartphone. Yet, even with the endorsement of football legend Lionel […]
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Bitfury has added an investment banker to its board of directors and a former U.S. Securities and Exchange Commission (SEC) member to its advisory board. Blockchain technology firm Bitfury has added an investment banker to its board of directors, and a former U.S. Securities and Exchange Commission (SEC) member to its advisory board, according to […]
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The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector. The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector, Reuters reported Nov. 20. As Reuters outlines, the U.K.’s Financial Conduct Authority (FCA) had been […]
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Per a recent study by Chainalysis, Bitcoin usage as a payment method dropped by 80 percent from January to September 2018. Bitcoin (BTC) use for commercial payments has reduced significantly this year, according to a study by Chainalysis cited by Reuters Nov. 20. To prepare the study, Chainalysis reportedly surveyed 17 Bitcoin payment processors. The […]
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The Big Issue, a street newspaper sold by the homeless, is going to launch a blockchain-based investment platform. The Big Issue, a street newspaper sold by the homeless in the U.K. and other countries, is launching a blockchain-driven platform to promote impact investing, The Financial Times reports Monday, Nov. 18. Three investment companies — UK […]
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