#Blockchain

CFTC Wins Case Against Cryptocurrency Promoter That Ran Bold and Vicious Frauds

August 25, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Exchange, Investment, News

The Commodities Futures Trading Commission (CFTC) won a court case against a cryptocurrency promoter that cheated investors by running “a bold and vicious fraud.” According to Bloomberg on August 24, 2018, the CFTC managed to ban the cryptocurrency operator permanently, Patrick McDonnell ordering, him to pay a hefty fine in restitution...

Going After Institutional Investment: The Case of Bakkt and Coinbase

August 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Exchange, News

Coinbase and Bakkt have both released promissory statements that are effectively come-get-me’s for institutional investors. Published within hours of each other on August 20, 2018, both statements share a lot in common - wording, framing and a shared belief in institutional investment as the future of crypto trading. What is...

Kin Launches the Kinit in iOS App Store and Google Play

August 25, 2018 by Nuno Menezes at Altcoins, Blockchain, Development, News, Tech, wallet

Kinit is a messaging app that allows its users to earn cryptocurrency just by using the app. It is the first app developed by KiK, a messaging service which also launched its cryptocurrency called Kin in the fall of 2017. The messaging service is now announcing that it has launched...

Indiegogo Allows Companies to Sell New Asset-Backed Digital Tokens

August 25, 2018 by Priyeshu Garg at Altcoins, Blockchain, Development, News, Tech

The owners of the St. Regis Aspen Resort in Colorado first to sell real estate security tokens on a blockchain with help from Indiegogo. Crowdfunding Site Introduces New Service Indiegogo, one of the largest global fundraising websites, is looking to expand its cryptocurrency offering by allowing companies to sell new...

South Korea’s Got Blockchain in its Seoul

August 25, 2018 by Eric Czuleger at Adoption, Blockchain, Business, Exchange, Finance, News, Regulation

In August, South Korea has begun establishing itself as a global leader in blockchain acquisition and application. Competition Breeds Innovation The South Korean technology giants Samsung and LG have been mainstays in the consumer electronics market for years often going head to head with Apple and GE for global market...

Why Price Actions and the Blockchain Ecosystem Offer Two Distinct Narratives

August 24, 2018 by Cindy Huynh at Adoption, Altcoins, Bitcoin, Blockchain, Business, Development, Finance

Although the cryptocurrency industry is experiencing a bearish market, the broader blockchain ecosystem is snowballing and reaching a point of maturity. Assessing the growth of the blockchain industry by focusing on the cryptocurrency market is thus a misleading metric as the technology is thriving in the broader fintech ecosystem. Blockchain...

Seven Stars Cloud Signs $24 Billion Deal with China’s Biggest Electric Bus Operator

August 24, 2018 by Priyeshu Garg at Blockchain, Business, News, Tech

In an August 20 recent press release, Seven Stars Cloud announced a ground-breaking, three-year, $24 billion deal with China's largest electric buss full-service operator to provide two distinct financing campaigns. The Biggest Deal to Hit the Industry This Year According to a PRNewswire press release, Seven Stars Cloud Group, Inc.,...

Democracy on the Blockchain: Incentivizing Voter Participation through Cryptoeconomics

August 24, 2018 by Alex Lielacher at Blockchain, Cryptocyclopedia, Regulation, Tech

Democracy is a form of governance where the population chooses its leaders through an open process known as voting. While it has its challenges, it is widely considered to be one of the best forms of political governance. Is Democracy Working? Researchers have been able to draw a parallel between...

European Insurance Firms ahead of their U.S. Counterparts in Blockchain Adoption

August 24, 2018 by Aisshwarya Tiwari at Adoption, Blockchain, Business, News, Regulation

According to research from S&P Global Market Intelligence released on August 23, 2018, European insurance firms trump their U.S. counterparts when it comes to the business attitude towards blockchain technology. The market research agency highlighted in its report that while major financial institutions have been reluctant to imbibe cryptocurrencies in...

Blockchain Automation Industry to Be Worth $ 1.6 Billion by 2026, Claims BIS Research

August 24, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Finance, News

BIS Research, global B2B market intelligence and advisory firm published a report on August 21, 2018, which estimates that the global automotive blockchain market size will reach figures around $1.6 billion by 2026. The report attributes the growing popularity of blockchain technology to its immense potential benefits, including immutability, reliability...

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