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Tag: digital assets

U.K. Asks Banks to Scrutinize Cryptocurrency Businesses, Does Not Consider Asset Class as Criminal

Category: Bitcoin, Blockchain, News, Regulation

U.K. Asks Banks to Scrutinize Cryptocurrency Businesses, Does Not Consider Asset Class as Criminal

The CEOs of several major banks in the U.K. received a letter from the country’s Financial Conduct Authority (FCA) over the potential risks when dealing with cryptocurrencies on June 11, 2018. Cryptocurrency Firms Pose Risk to Financial Framework As per details of the letter, institutional banks and financial service firms were formally notified of the implications of dealing with cryptocurrency…

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Upcoming Sidechain Project Tari to Build a Decentralized Assets Protocol on Monero

Category: Altcoins, Blockchain, News, Tech

Upcoming Sidechain Project Tari to Build a Decentralized Assets Protocol on Monero

Building on the work he’s done with Monero (XMR) in the past, core team developer Riccardo “Fluffy Pony” Spagni is primed to launch a decentralized assets framework on the privacy-centric protocol, along with Naveen Jain and Dan Teree. The move is compared to Bitcoin’s colored coins project of 2012, and in more recent times, the Ethereum protocol.   Platform to…

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News of Embezzlement on South Korean Crypto Exchanges

Category: Altcoins, Bitcoin, Finance, News, Regulation

News of Embezzlement on South Korean Crypto Exchanges

In a jolt of bad news for cryptocurrency enthusiasts, several executives from South Korean digital exchanges have been detained for questioning regarding alleged embezzlement of users’ funds. Observers have commented that the allegations come at a particularly bad time for digital coin enthusiasts, with global regulators scrutinizing exchanges for compliance. Coinnest Implicated but Silent Lawmakers the world over are taking…

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South Korean Exchanges Believe Regulations Are Required for Cryptocurrencies

Category: Altcoins, Bitcoin, Finance, News, Regulation

South Korean Exchanges Believe Regulations Are Required for Cryptocurrencies

Speaking at the Deconomy Conference 2018 on April 3 and 4, the heads of various South Korean cryptocurrency exchanges came together to discuss the rise of the “cryptoeconomy” in the country, and how they see it moving further keeping regarding regulations and other concerns. Crypto Market Amidst A Huge Correction In the words of Jun Haeng Lee: “It was a…

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Not-For-Profit Cryptocurrency Board Develops a Global Code of Conduct for Digital Assets

Category: Altcoins, Bitcoin, Ethereum, Finance, News, Regulation

Not-For-Profit Cryptocurrency Board Develops a Global Code of Conduct for Digital Assets

A new industry body called Global Digital Finance (GDF) will establish a global code of conduct for crypto assets and tokens. The not-for-profit’s goal is to protect market participants from misuse and misrepresentation of cryptocurrencies and blockchain technology. Wrangling in the Wild West of Crypto According to the press release, crypto assets are a growing industry with an estimated market…

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MyToken: Introducing the Best Cryptocurrency Price Monitoring App

Category: Altcoins, Business, Finance, ICO News, News

MyToken: Introducing the Best Cryptocurrency Price Monitoring App

In 2017, the blockchain industry has grown further than ever before. By offering secure, public accessibility and tamper-proof features, the technology is slowly coming to the mainstream. It not only has the potential to disrupt just about every industry as well as it makes cryptocurrency an incredibly attractive investment and financing model. What is MyToken? There is also an increasing…

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Two Mobile Developers Lay the Foundation for an Ethereum-Based Ecosystem For Digital Arts

Category: Entertainment, Ethereum, News

Two Mobile Developers Lay the Foundation for an Ethereum-Based Ecosystem For Digital Arts

Matt Hall and John Watkinson, the co-founders of Larva Labs, a mobile app development studio that has created some of the most popular iOS and Android applications, released their latest project called CryptoPunks, an Ethereum-based tokenized ecosystem wherein digital creators can distribute artworks in a more transparent, secure and efficient manner. The CryptoPunks platform is currently in its early stage…

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