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NEXT BLOCK Conference “From Chaos To Clarity: 2019 Trends” • December 12, 2018

Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019…

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Category: Business

Conducting Security Token Offerings (STOs) in China Is Illegal

Category: Altcoins, Blockchain, Business, Finance, News, Regulation

Conducting Security Token Offerings (STOs) in China Is Illegal

At a time when Security Token Offerings (STOs) are gradually gaining grounds in the cryptospace, with some observers  predicting the new type of fundraiser will replace initial coin offerings (ICOs), deputy governor of the People’s Bank of China (PBoC) has made it clear that STOs are illegal in China, reported the South China Morning Post on December 9, 2018. No…

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South Korea: Shinhan Bank Turns to Blockchain Technology to Augment Financial Services

Category: Adoption, Blockchain, Business, Finance, News

South Korea: Shinhan Bank Turns to Blockchain Technology to Augment Financial Services

South Korea’s second largest bank has started a pilot project to implement a blockchain-based work process across a range of financial services and internal protocol management systems, reported Korea Times on December 10, 2018. Leading Blockchain Adoption Managing assets of over $260 billion and storing $192 billion worth of the Korean won, Shinhan Bank is one of the largest financial…

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Despite Crypto Downfall, Southeast Asian Countries Fast Turning into a Blockchain Hub

Category: Adoption, Blockchain, Business, Finance, News, Regulation

Despite Crypto Downfall, Southeast Asian Countries Fast Turning into a Blockchain Hub

Southeast Asia is swiftly shaping into a blockchain hub, with most emerging and developed markets in the region firmly positioning themselves at the forefront by deploying blockchain-based products across a myriad of business verticals, reported The Asean Post on December 10, 2018. Beyond the Internet Boom While most uses of blockchain technology are relegated to cryptocurrencies or related businesses, governments and…

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ConsenSys, Steemit, and SpankChain Axe Staff Due to Bearish Crypto Market

Category: Altcoins, Business, Ethereum, Finance, News, Platform, Tech

ConsenSys, Steemit, and SpankChain Axe Staff Due to Bearish Crypto Market

It was not too long ago when euphoria surrounding the cryptocurrency industry reached its tipping point. The industry hit a record high market capitalization of $813 billion on January 8, 2018. Crypto came out of the rooms of geeky software developers and gamers into the mainstream, as almost every other ICO was able to raise millions, if not billions of…

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Swiss Post and Swisscom to Develop Hyperledger-based Blockchain Platform

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Swiss Post and Swisscom to Develop Hyperledger-based Blockchain Platform

According to a joint press release published by Swisscom and Swiss Post, on December 6, 2018, the two state-owned entities have come together to form a “simple, secure, and sustainable” platform for blockchain applications in Switzerland. Private Blockchain-based Project While the Swiss Post is Switzerland’s national postal service, Swisscom is one of the country’s largest state-owned telecom service providers. The…

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Bitcoin Options Purchased For $1 Million Will Soon Become Obsolete

Category: Bitcoin, Business, Finance, News, Platform, Tech

Bitcoin Options Purchased For $1 Million Will Soon Become Obsolete

Last year in December 2017, just a few days after Bitcoin hit its peak, Ari Paul, a cryptocurrency fund manager at BlockTower Capital purchased Bitcoin Options with a strike price of $50,000 for almost $1 million on the Ledger X’s Trading platform. According to Crain’s Chicago Business’ article published on December 6, 2018, Bitcoin needs to increase its value by…

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Digital Currency Group Launch Metaverse Ventures; to Fund Development on Decentraland

Category: Altcoins, Business, Finance, News

Digital Currency Group Launch Metaverse Ventures; to Fund Development on Decentraland

The Digital Currency Group (DCG), a coalition of blockchain venture capitalists, has announced the launch of a new fund called Metaverse Ventures. In a blog post published December 6, 2018, the group explained that the fund will be a “wholly owned subsidiary of DCG that will invest exclusively in companies building products and services for Decentraland.” For the uninitiated, Decentraland…

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0x Launches Instant, a One-Click Solution to buy ERC Tokens from dApps

Category: Altcoins, Business, Development, Ethereum, News, Platform

0x Launches Instant, a One-Click Solution to buy ERC Tokens from dApps

The 0x blockchain project has launched Instant, a modular software library that allows users to buy digital tokens from within a decentralized application (dApp) or website. In a blog post published December 6, 2018, the project’s marketing lead Matt Taylor explained that the service will present users with only the best prices for each token, streamlining the user experience. A…

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Neufund Partners with Ledger to Launch Blockchain-Based Platform for Managing Security Tokens

Category: Altcoins, Bitcoin, Blockchain, Business, News, wallet

Neufund Partners with Ledger to Launch Blockchain-Based Platform for Managing Security Tokens

Neufund, a platform that claims to enhance real-world assets with legally enforceable security tokens, has joined forces with Ledger, a France-based global manufacturer of hardware cryptocurrency wallets, to launch a highly secure blockchain platform to enable users to manage their real-world security tokens, according to a press release on December 6, 2018. A Robust Framework for Security Tokens As stated…

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SEC Slaps $50,000 Fine on Delaware-Based Crypto Investment Fund

Category: Altcoins, Bitcoin, Business, Crime, Finance, News, Regulation

SEC Slaps $50,000 Fine on Delaware-Based Crypto Investment Fund

On December 7, 2018, the United States Securities and Exchange Commission (SEC) issued a cease and desist order and a penalty of $50,000 against Delaware-based crypto assets fund firm CoinAlpha Advisors LLC. SEC Hits Crypto Fund for Violating Securities Law   According to the filing published on the commission’s website, the SEC charged CoinAlpha Advisors LLC for acting as an…

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