A think tank says the debate about digitization and distributed ledger technology in Switzerland has focused more on risks than opportunities. Switzerland’s national bank should work with large industry players to develop a Swiss franc token, according to a report by the Avenir Suisse think tank on June 4. Avenir Suisse is an independent privately funded […]
Continue Reading
U.S. CFTC chair says blockchain would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention.” United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo says that blockchain technology would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention” in response to the 2008 financial crisis. Giancarlo made […]
Continue Reading
Virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction. Tuesday, June 4 — virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction, with bitcoin (BTC) dropping back below the $8,000 price point, as Coin360 data shows. Market visualization courtesy of Coin360 Having bullishly […]
Continue Reading
Australia’s top financial regulatory watchdog issues updated guidelines for ICOs and cryptocurrency trading. The Australian Securities and Investment Commission (ASIC) on May 30, 2019 published an updated guideline for initial coin offerings (ICOs) and cryptocurrency trading. These new guidelines are aimed at helping cryptocurrency-related businesses understand their compliance requirements vis-à-vis existing laws contained in the Australian Corporations and ASIC […]
Continue Reading
Kik has launched a Defend Crypto campaign, while Facebook’s crypto coin could face some demographic challenges. Coming every week, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph […]
Continue Reading
Bitcoin has seen significant volatility on the day, with the intraday high above $8,800 and a low below $8,500. Monday, June 3 — after seeing a short recovery attempt yesterday, crypto markets have seen another negative correction, with most of the 20 major coins in the red. According to data from CoinMarketCap, only four out […]
Continue Reading
The crypto market dropped off $19 billion as the price of bitcoin briefly dropped to $8,000. On May 30, overnight, the valuation of the crypto market dropped by $19 billion as the price of bitcoin (BTC) briefly dropped from $9,000 to $8,000 — a staggering 11% within a few hours on exchanges like Bitstamp. The […]
Continue Reading
An ultimate guide to tokenization, one of crypto’s hottest buzzwords. Can a tokenized economy actually become a reality? It is a fair assumption, and — as described above — there are signs to suggest an industry is emerging. Yes, the regulatory frameworks should be adjusted, if not for all the countries on the planet but […]
Continue Reading
Cryptocurrencies have entered the green zone after seeing some losses over the past couple of days. Friday, May 31 — cryptocurrencies are on the rise again after seeing a slight correction yesterday, May 30, with EOS (EOS) being the only coin among the top-20 cryptocurrencies to register double-digit gains. Market visualization by Coin360 The leading […]
Continue Reading
The head of innovation at Big Four audit firm Ernst & Young argued that blockchain disruptors should “go back to first principles.” 83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation. Paul Brody, Global Innovation Leader for blockchain at […]
Continue Reading