Changes to Tether’s website have raised fresh concerns about the companies reserve policy. Controversial stablecoin Tether is in the spotlight again after changes to the details of the way in which it backs up tokens in supply. As reported on March 14, various online users noted and posted disconcerting changes to the Tether website, which […]
Continue Reading
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 […]
Continue Reading
The US SEC is soliciting industry input as it potentially reconsiders existing custody rules for investment advisers regarding crypto. The United States Securities and Exchange Commission (SEC) is soliciting industry input as it potentially reconsiders existing custody rules in specific cases of digital asset trading and settlement. The SEC launched its information gathering initiative in […]
Continue ReadingCrypto exchange Bittrex has cancelled its first Initial Exchange Offering, which it had been planning to host on its Malta-based counterpart, Bittrex International. United States crypto exchange Bittrex has cancelled its first token sale, dubbed an Initial Exchange Offering (IEO), which it had been planning to host on its Malta-based counterpart, Bittrex International. The news […]
Continue ReadingThe former CEO of the now-defunct Bitcoin exchange Mt. Gox has received a suspended jail sentence after being found guilty of tampering with financial records. Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has received a suspended jail sentence after being found guilty of tampering with financial records. […]
Continue ReadingAn 18-year-old cryptocurrency hacker was reportedly referred to prosecutors in the Japanese city of Utsunomiya for the theft of 15 million yen worth of cryptocurrency. An 18-year-old hacker was referred to prosecutors in the Japanese city of Utsunomiya for stealing cryptocurrency, local news outlet Japan Today reported on March 14. The cybercriminal allegedly hacked Monappy, […]
Continue ReadingFrench clerks of commercial courts will use a blockchain platform developed with IBM to record changes in companies’ legal status. French commercial court clerks will use a blockchain-based platform to record changes in companies’ legal status within the country. The development was revealed in an official announcement on March 14. The blockchain network was jointly […]
Continue ReadingBlockchain water rights may upset California’s status quo. Last week, Colorado lawmakers filed a bill exploring how blockchain technology could be applied to water rights management. Now, California is also studying blockchain for use in water rights management, as reported by Cointelegraph. But coming off a severe drought, which saw water restrictions throughout the state, […]
Continue Reading
Chad Cascarilla, CEO of blockchain trust company Paxos, has revealed that the company’s gold-backed cryptocurrency will be launched in 2019. Blockchain trust company Paxos’ digital token backed by precious metals will be launched “definitely this year,” said Paxos CEO, Chad Cascarilla in an interview with Fortune’s Balancing the Ledger on March 11. During the interview, […]
Continue Reading
A new report by the European Union Blockchain Observatory proposes a series of standards regarding blockchain technology. A recent report to the European Union made recommendations on how to better develop blockchain technology, including the introduction of interoperability and scalability standards. The report was published by the European Union Blockchain Observatory and Forum on March […]
Continue Reading