Blockstream CEO and HashCash inventor Adam Back has controversially compared Ethereum with the notorious medical-testing startup Theranos. Blockstream CEO Adam Back — inventor of the hashcash Proof-of-Work (PoW) system later used in Bitcoin’s (BTC) mining algorithm — has controversially compared Ethereum (ETH) with the now-defunct biotech startup Theranos. As part of a Twitter exchange published […]
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India’s biggest crypto exchange, WazirX, was bought by Binance, sending a wave of optimism in the crypto ecosystem. In April 2018, the Reserve Bank of India, the country’s central bank, initiated a major crackdown on the trade and purchase of cryptocurrencies such as Bitcoin within its borders. RBI Deputy Governor Bibhu Kanungo declared that all […]
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Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office. Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will expand its services from Asia to Europe through its new Zurich office. Registered under the name of Chaintech in Switzerland, Matrixport will begin offering its […]
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Telegram founder Pavel Durov will give a deposition regarding U.S. SEC accusations that Telegram’s native GRAM token is a security. In the latest chapter of Telegram’s legal battle with the United States Securities and Exchange Commission (SEC), the firm’s founder Pavel Durov will give a deposition along with two Telegram employees. On Nov. 25, District […]
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Thai regulator eyes tweaks to the country’s cryptocurrency regulations, which appeared in 2018 but have so far delivered just five certified businesses. Lawmakers in Thailand plan to reform cryptocurrency laws after voicing concerns that they have made the country uncompetitive. As local English-language news outlet Bangkok Post reported on Nov. 25, Thailand’s regulator, the Securities […]
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Binance and Bithumb deny their Shanghai offices have been raided by Chinese police, and Bitcoin completely wipes out the gains from its October rally. Coming every Sunday, 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 […]
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The evolution of JPMorgan Chase’s blockchain products, an expert take by former JPM and U.S. SEC tech leads. JPMorgan Chase — whose CEO, Jamie Dimon, once notably expressed skepticism over cryptocurrency — was actually one of the first financial institutions to “learn to love the blockchain.” In 2015, the bank created a division dedicated to […]
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The EU has the potential to become the leader of crypto legislation, guiding other countries in the direction of legal regulation. Part of the appeal of digital currencies is their global nature. Since the vast majority of digital currencies are not sponsored by an individual state, the hope was that the crypto world could be […]
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Gladius, a cryptocurrency startup that raised over $12 million in a 2017 ICO, announced it is ceasing operations without reimbursing its token holders. Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors. The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of […]
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Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world. The past week has seen a range of crypto- and blockchain-related developments in the German-speaking world. The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on […]
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