This week saw the hacks of several large cryptocurrency exchanges, while the SEC pushed back their BTC ETF decision. Top Stories This Week Owner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000 The owner of a crypto-related startup dubbed Sponsy, which never launched its initial coin offering (ICO), is attempting […]
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A founder of IOHK — the firm behind the cryptocurrency Cardano — said that the crypto industry needs more interoperability. Charles Hoskinson, a founder of IOHK, the firm that developed cryptocurrency Cardano (ADA), said that the cryptocurrency industry needs a “WiFi or Bluetooth moment” in an interview with media outlet Cheddar on March 28. Speaking […]
Continue ReadingIndia has launched a pilot blockchain e-marketplace aimed at improving transparency and traceability of coffee produced in India. The Coffee Board of India has launched a pilot blockchain-based e-marketplace in order to integrate coffee farmers with markets. The development was announced by Indian Ministry of Commerce and Industry (MCI) on March 28. The Coffee Board […]
Continue ReadingResearch claims that Stellar suffered an inflation bug in April 2017 that was exploited to create 2.25 billion XLM, which were later burned. Cryptocurrency intelligence company Messari has claimed that Stellar (XLM) suffered an inflation bug in April 2017 that was exploited to create 2.25 billion XLM (worth about $10 million at the time), which […]
Continue ReadingADAF is a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent. The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25. ADAF is […]
Continue ReadingThe QuadrigaCX story gets stranger as the criminal past of one founder is allegedly revealed, while IBM gets more into blockchain. Top Stories This Week Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network This week, six international banks signed letters of intent to issue their own stablecoins — which will […]
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The U.S. regulator continues to liaise with representatives despite repeated delays over Bakkt’s launch. United States regulator the Commodity Futures Trading Commission (CFTC) is actively working to approve multiple crypto-related applications, including for Bitcoin (BTC) futures from institutional trading platform Bakkt. A CFTC commissioner revealed the news in remarks to cryptocurrency news network Blocktv in […]
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Using blockchain for biometric tracking would be the technology’s killer app in the travel security sector, a representative from the U.S. Customs and Border Protection has said. Using blockchain for biometric tracking would be the technology’s killer app in the travel security sector, according to a representative from the United States Customs and Border Protection […]
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Logistics giant UPS and e-commerce tech firm Inxeption have launched a blockchain platform aimed to improve merchant supply chains. Major American postal carrier UPS and e-commerce technology company Inxeption have jointly rolled out a blockchain-powered platform to improve merchant supply chains. The development was announced in a press release published on March 21. The new […]
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A number of banks revealed plans to issue their own tokens, following JPMorgan Chase’s move. This week, a number of banks shed light on their respective crypto-related projects, following the recent expansion of JPMorgan Chase into the field. IBM was the big mover. A joint announcement by IBM and Stellar (XMR) said that as many […]
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