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.
A report published by ABC News on April 16, 2019, states that Russia’s lower chamber of parliament has passed a bill that gives more power to the Russian government over the country’s Internet traffic. Russia Tightens Grip on the Internet Internet censorship has become one of the burning social issues...
Accounting giant Ernst & Young (EY) on April 16, 2019, announced its private transaction blockchain protocol called "Nightfall" on the public Ethereum network. Taking the Road Less Traveled Although blockchain technology is still very much in its infancy, companies the world over are not shy to use it in innovative...
The US state of Ohio, in its 132nd General Assembly, passed Senate Bill 220 which essentially places it as a national policy leader on the use of blockchain technology. This according to a report published April 16, 2019, by AI Thority. Ohio Looks to Go All in on Blockchain In...
France looks determined to push for regulation of cryptocurrencies in Europe as its Finance Minister, Bruno Le Maire said on April 15, 2019, that he will urge his European Union partners to set up a uniform crypto regulatory infrastructure, Reuters reports. Adopting the French Experience France has quickly established itself...
According to a Medium post published April 15, 2019, Winklevoss brothers-backed Gemini cryptocurrency exchange has completed the SegWit upgrade of its Bitcoin wallet. Gemini Upgrades to SegWit Protocol The Winklevoss brothers’ affinity for cryptocurrencies is no secret. For the multi-millionaire twins, the success of digital currencies is not a question...
A research paper published by Cornell Tech and several other universities states that “flash boys” trading bots are likely behind cryptocurrency trading manipulation on a number of exchange platforms, reports Bloomberg, April 15, 2019. Research Claims DEXs Are Plagued by Trading Bots The novelty of cryptocurrencies as an asset class...
Spanish football club Real Madrid has signed a business deal with Fantastec SWAP, a blockchain-based football collectibles app, reports SportsPro, April 12, 2019. Hala Blockchain Blockchain-powered businesses are slowly making their presence felt on the football pitch as it was reported that one of the world’s most commercially successful football...
According to a press release published April 12, 2019, the International Chamber of Commerce (ICC) has partnered with blockchain firm Perlin to propel the adoption of the nascent technology among the 45 million member businesses it represents in more than 130 countries. A Gargantuan Push for Blockchain Adoption In one...
A survey by Pew Research Center conducted from January 8, 2019, to February 7, 2019, posits that despite the spike in controversies over data privacy, fake news, and censorship on social media, the number of U.S. adults who engage in social media websites has remained relatively stable since early 2018....
South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018...
Blockstack Token LLC has filed an offering statement with the U.S. Securities and Exchange Commission (SEC) to conduct a $50 million token offering later this year using the financial watchdog’s Regulation A+ framework. This according to a blog post published April 11, 2019. Setting a Precedent Blockstack, a decentralized privacy-oriented...
Malta-based cryptocurrency exchange Binance announced that they have partnered with blockchain security firm CipherTrace to bolster their anti-money laundering (AML) measures. This according to a Binance blog post on April 11, 2019. Recent Developments Call for Extra Security Measures The use of cryptocurrencies to orchestrate money laundering schemes has been a...
According to a Bloomberg report published April 11, 2019, Initial Exchange Offerings (IEOs) have emerged as the preferred way of raising funds for the majority of new startups in the blockchain and crypto space. IEOs Trump ICOs Keen followers of the crypto industry would remember the Initial Coin Offerings (ICOs)...
On April 10, 2019, the New York Department of Financial Services (NYDFS) rejected Bittrex cryptocurrency exchange’s application seeking the coveted BitLicense. The BitLicense would have allowed the exchange to operate in one of the world’s most significant financial hotspots. Application Rejected The NYFDS on April 10, 2019, denied a BitLicense...
San Francisco-based venture capital firm Accomplice announced on April 9, 2019, that it would lead the O(1) Labs Series A fundraiser. Notably, O(1) Labs is the firm behind the highly-acclaimed blockchain protocol called Coda. Accomplice to Lead O(1) Labs Series A Fundraise The general sentiment among investors, both retail and...
