About Author:
1 Confirmation with Jeff and Dave
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
According to a Bloomberg report published May 16, 2019, a computer science professor from Cornell University, Emin Gun Sirer, is set to launch a cryptocurrency and blockchain network with financial backing from some of the most prominent VC firms in the tech industry. Ava Network to Tackle the Blockchain Scalability...
In a bid to ensure that India doesn’t fall behind in the global cryptocurrency race, tech industry lobby groups and crypto startup founders have asked India’s apex bank, the Reserve Bank of India (RBI), to include crypto-assets and digital tokens in its proposed regulatory sandbox framework for the fintech industry....
Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. Bitfinex Tether Fiasco Could have Indirectly...
Things went from bad to worse for the beleaguered cryptocurrency exchange Cryptopia when it came to light that it had been placed in liquidation after its failed attempts to restart the business. This according to a report by NZ Herald, May 15, 2019. Another One Bites the Dust Barring a...
Gambling project Xether has announced the launch of an eponymous gambling ecosystem enabling one to play for ETH without signing up while obtaining steady income. Xether CEO Alexei Mischenko says: “For a long while, we’ve been searching for the meeting point between modern technology, financial systems, and good old gambling....
According to testimonies published May 8, 2019, the US Securities and Exchange Commission (SEC) and the US Commodities Futures Trading Commission (CFTC) have called for increased education regarding digital assets and blockchain technology. US SEC and CFTC Want More Crypto Education Jay Clayton and J. Christopher Giancarlo, the chairmen of...
Law-focused blockchain startup OpenLaw announced on May 7, 2019, that six of Canada’s leading law companies – in partnership with blockchain consultancy firm GenesisB – will develop an “innovative smart legal template” on the Ethereum blockchain. Notably, the project will be built over OpenLaw’s smart-contract platform. Bringing Blockchain to Law;...
Kuala Lumpur-based stock exchange, Bursa Malaysia is mulling developing a blockchain-based securities borrowing and lending (SBL) proof-of-concept, reports Regulation Asia, May 7, 2019. The First of Its Kind Proof-of-Concept in South-East Asia In an attempt to imbibe a greater degree of transparency and efficiency in the Malaysian SBL market, the...
According to a report by TechCrunch published May 7, 2019, the Federal Bureau of Investigation (FBI) has arrested several individuals suspected of running the deep web search engine called Deep Dot Web. Suspects Nabbed Although not all users might be aware of the web’s dark side, it’s safe to say...
Cryptocurrency research firm Messari has partnered with market intelligence company Flipside Crypto to integrate the latter’s flagship Fundamental Crypto Asset Score (FCAS) into its OnChainFX system. This according to a press release published May 6, 2019. Messari Integrates Fundamental Crypto Asset Score In a bid to bring more transparency to...
Multi-trillion asset management firm Fidelity Investments could launch its cryptocurrency trading service very soon. Citing sources in the know, Bloomberg reported on May 6, 2019, that the Wall Street juggernaut could launch its bitcoin trading service “within a few weeks.” Aiming for the Big Shots Fidelity’s cryptocurrency trading service will...
Blockchain project Qtum on May 2, 2019, announced its integration with Google’s Cloud Platform. With this, Qtum developers can now develop enterprise-grade decentralized applications and smart contracts on Google’s Cloud Platform. Developing on Qtum Blockchain Made Easy with Google Qtum, a Proof of Stake (PoS) protocol-based blockchain project, offers an...
On May 4, 2019, Dong Zhao, a stakeholder of Hong Kong-based cryptocurrency exchange Bitfinex, tweeted what is allegedly an excerpt of a whitepaper which sheds light on the exchange’s upcoming $1 billion initial exchange offer (IEO). Bitfinex Unfazed by Recent Accusations Recently, Bitfinex was in the news for reasons it...
Canada-based cryptocurrency exchange Bitbuy on May 2, 2019, announced that it has completed a Proof of Reserve and Security Audit to bolster its safety mechanisms. No Compromise The recent drama surrounding QuadrigaCX has forced crypto exchanges around the world to reassess their security mechanisms. The QuadrigaCX fiasco shows the extent...
Thailand’s Securities and Exchange Commission (SEC) has amended the Securities and Exchange Act of 2019 to allow market players to participate in primary markets to trade digital securities. This according to a report by the Bangkok Post published May 2, 2019. Thailand Makes Way for Digital Businesses In its quest...
