Visa (NYSE: V) took part in the Series B funding round for cryptocurrency startup Anchorage, signaling the big bank’s support for the future of the industry. Formed in 2017, the money services business provides crypto custody services making it safe for institutions to hold and use digital currencies. According to Anchorage, venture capital firm Blockchain […]
Cryptocurrency
Visualizing the Next Evolution Beyond Smart Contracts
Evolving from the Smart Contract Blockchain Platform to the Extensible Blockchain Object Model Platform By: Michael Holdmann Sheets and Workbooks Sheet Analogy In an attempt to understand the difference between a Smart Contract Blockchain Platform and an Extensible Blockchain Object Model Platform we have chosen an analogy, which we believe is widely understood at a […]
DataGrid Blockchain vs. Libra
DataGrid Blockchain vs. Libra By: David Beberman, CTO Libra Facebook just announced Libra and released both technical and business information regarding it. The technical side seems to consist of a leader-based, non-sharded, BFT consensus style, limited distributed ledger; coupled with a new language and VM with new built-in data types, and a “module” concept. The ledger […]
Facebook’s Libra Prompts Important Discussion in Crypto
Money has moved over the years from cash to credit card to digital currency beginning with the Nixon Administration removing the US Dollar from the Gold Standard in the 1970s, and allow global currencies to free float against one another, but the emergence of Bitcoin gained real traction when the housing market crashed in 2008. […]
Crypto Exchanges Overwhelmed by New Issues
The responsibility shifted during the crypto winter whereas regulators slid the vetting process for new coins to the exchanges themselves, this piled high the responsibility they were already dealing with in the fast-changing world of cryptocurrency trading. Think about the task as head of one of the 200 crypto exchanges. You need to fund the […]
Hester Peirce Seeking Permission For Innovation In The ETF Segment
Hester Peirce, the commissioner at the U.S. securities regulator, has pressed for a less vigilant approach towards advancement in the exchange-traded funds segment on the regulator’s part. As per the report, Peirce urged her co-commissioners to permit for innovation in the ETF segment by reducing their caution. The existing scenario The SEC has yet not […]
Brazilian Banks To Implement A New Blockchain Identity Solution
Brazilian banks are all set to implement a new uniform blockchain identity solution driven by the Hyperledger Fabric-platform. This identity solution is co-developed by the nation’s central bank named CIP and IBM. The new platform is supposedly to be incorporated into the Brazilian Payment System, an arrangement used by all financial institutions and banks in […]
LocalEthereum Grabs The Opportunity As LocalBitcoins Bans Cash Trading
LocalBitcoins has come up with no response after users posted that it had banned cash trading from its platform, effective June 1, 2019. LocalBitcoins marks as a P2P cryptocurrency exchange platform that was established in Finland in 2012. The exchange permits for anonymous and safe dealings with Bitcoin straight between only the customer and the […]
BitMEX Ventures Offers Capital To Philippine Digital Asset Exchange
BitMEX Ventures reported that it has put funds in Philippine Digital Asset Exchange (PDAX). This investment will allow the cryptocurrency exchange to establish a marketplace for digital assets. It is intending to provide trading in real estate equities, debt securities, and tokenized commodities. The cryptocurrency exchange, which is licensed by Bangko Sentral ng Pilipinas, provides […]
Australian Securities Regulator Revises Guidance On Crypto-Assets and ICOs
ASIC has revised guidance on crypto assets and initial coin offerings (ICOs). The latest updates will help operations involved with crypto-assets and ICOs to assess their legal obligations. The watchdog stated that these regulatory obligations are in place to keep the integrity of Australia’s financial industry and ensure customer protection. ASIC has restructured Information Sheet […]
Bitcoin Roller Coaster Continues, Mimicking Path of Cannabis
A few years ago, Bitcoin was an afterthought (or a non-thought) to most on Wall Street. It was so poorly understood that plenty of traders couldn’t even tell you the difference between Bitcoin and blockchain, the digital ledger technology serving as the heartbeat of cryptocurrencies. Most analysts were bearish, deriding crypto in saying there was […]
IEO Evolution Rides Crypto Spring into Summer
If you look at a chronology of Initial Exchange Offerings (IEO), they were the bastard child of a spastic Initial Coin Offering (ICO) cycle which rode the coattails of the cryptocurrency explosion of 2017. In 2017 Bitcoin traded from $1000 to $20,000, in 2018 Bitcoin traded down from $16,000 to $3000 commonly referred to as […]
Public Blockchains have Major Flaws But it Doesnt Matter yet
Without pretending to know what goes on in the mind of Vitalik Buterin the Co-founder of Etherium who at age 25 is doing a replay of what Thomas Edison did at Menlo Park in 1876. Edison was disrupting electric power generation at 29 just as Buterin is disrupting the way we keep track of our […]
IEO Replaces ICO as Exchanges Vett Tokenization Surge
The ICO was a 2017 phenomena, and it pissed off everyone from regulators to investors, so the logical evolution of this asset class (crypto investments) falls to the Exchanges who vett candidates and charge a big piece to allow them to introduce the coin tokenomics to exchange membership. Most conclude that the exchanges are really […]
Bitcoin Winter Slides into Rearview Mirror
2017 was the year of the ICO, or Initial Coin offering where tokenization really took hold. Investors chased profits as the price of Bitcoin made the media news cycle topping $20,000 per coin. The inevitable happened, and a “Crypto Winter” insued shaking out most retail investors who bought coins above $16,000 and sold them under […]
