About author: Cindy Huynh

Bit Trade, an Australian cryptocurrency exchange has recently partnered with Emparta, a blockchain employment platform to build and launch a cryptocurrency backed by the Australia dollar. According to Bit Trade’s blog post, published on September 21, 2018, the Australian stablecoin is scheduled to launch in 2019. Stablecoin the Backbone of Blockchain Finance Unlike popular cryptocurrencies like Bitcoin or Ether, stable coins…

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The New York State Office of the Attorney General (OAG) launched a virtual markets integrity initiative to educate New York cryptocurrency investors on cryptocurrency exchanges and how they operate, protect investor funds, and ensure transactions comes from legitimate sources, reported MIT Technology Review on September 18, 2018.  While many appear skeptical of the Government’s approach, the MIT Technology Review believes…

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In an interview with Bloomberg, Grainne McNamara, the blockchain lead at PricewaterhouseCoopers (PwC), mentioned on September 18, 2018, that there is a lot of demand for blockchain technology and interest in the token economy despite the bearish cryptocurrency market. While blockchain is prevalent emerging technology, regulatory uncertainty is a massive ongoing concern that can impact blockchain’s ability to grow and…

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India is currently witnessing the mass movement of blockchain and cryptocurrency talent, as the regulatory environment toughens within the country. According to an article published by News18 on September 19, 2018, blockchain talent which includes developers, service providers, and blockchain-related companies are moving abroad to cryptocurrency-friendly countries like Thailand, Estonia, and Switzerland. Blockchain Destinations Attracting Indian Talent “There are talented…

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Manoush Zomorodi, a former host to the WNYC technology podcast “Note To Self” and Jen Poyant, the executive producer of the WNYC show, have recently teamed up to create a podcast called ZigZag. According to an article published by The New York Times on September 18, 2018, the purpose of ZigZag is to spread the word about blockchain technology, entrepreneurship,…

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IBM aired a TV Commercial during an NFL match on September 17, 2018, called Plastic Bank, a new initiative which aims to tackle ocean plastic and global poverty with blockchain technology. The Plastic Bank is backed by IBM Technology which uses the LinuxOne blockchain to encourage entrepreneurs from the world’s most impoverished communities to clean up plastic in exchange for digital…

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Global fintech company TigerWit Limited has partnered with Liverpool FC and launched its blockchain-based trading app. According to the press release published on September 17, 2018, TigerWit will gain increased exposure as Liverpool FC’s new official foreign exchange trading partner. TigerWit to Increase Brand Recognition The press release noted that as TigerWit becomes Liverpool FC’s official partner, this sponsorship agreement…

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Japanese Fintech giant SBI Holdings will launch a Ripple-based mobile application called Money Tap by the end of 2018. Takashi Okita, the CEO of SBI Ripple Asia, announced the news via a tweet on September 12, 2018, and shared a website of the new mobile application. Money Tap: Easy Bank Transfers without Additional Fees According to The Next Web, Money…

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Cryptocurrency-related lawsuits have officially reached its peak, tripling in 2018 According to a 2018 Securities Litigation Report released on September 11 by Lex Machina. The number of cases mentioning Bitcoin or blockchain has increased significantly from the previous years, which coincide with the rise and fall of bitcoin and other cryptocurrencies. Increase in Lawsuits and the Nomination of SEC Chairman…

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The initial coin offering (ICO) market is snowballing, with 537 ICOs and $13.7 billion in funds closing successfully in the first five months of 2018. According to Consultancy UK’s article published on September 17, 2018, the ICO market’s boom is a result of more explicit regulation in some jurisdictions, which has helped the new fundraising approach reach maturity and become…

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