Intercontinental Exchange (ICE) – the parent company and owner of the New York Stock Exchange (NYSE) – announced plans on Friday to launch a digital asset payment platform and a Bitcoin futures product. This new platform, called “Bakkt,” is […]
On Monday, August 20th, the president of Venezuela Nicolás Maduro announced a new currency will begin to operate in the country. Venezuela is transitioning from the Bolívar to the Bolívar Soberano (Sovereign Bolivar), and aims to fully replace the Bolívar […]
Dr. Pavel Kravchenko holds a PhD in technical sciences and is the founder of Distributed Lab. We already live in the era when most assets are digitized. Steadily, we’re moving towards the digitization of, basically, any value. On top of it, […]
IBM, the leading provider of enterprise blockchain solutions, is considering using a cryptocurrency pegged to the US dollar; otherwise known as a “stablecoin.” IBM currently uses a cryptocurrency known as Stellar Lumens as a conduit for international payments. Now, […]
BlackRock – the world’s largest asset manager with $6.3 trillion in assets under management – has reportedly started a working group to research ways the company can leverage cryptocurrencies and blockchain technology. This group has also been made responsible for […]
On Thursday, Chinese police busted a $1.5 billion cryptocurrency gambling ring. The ring was primarily used to place bets on the 2018 World Cup. More than 300,000 people are reported to have used the service, which can only be […]
U.S. President Donald Trump signed an executive order Wednesday creating a new task force to protect consumers from fraud. They will focus in part on cryptocurrency fraud investigations. Washington’s concern over digital currencies now ranges from traditional crimes like […]
Block.one, the company behind the EOS blockchain software and seller of the EOS Token, has appointed a former executive from Jefferies Group LLC to lead its $1 billion venture capital arm. Block.one announced Thursday that Michael Alexander, who previously […]
“Cryptocurrencies are … a bubble, a Ponzi scheme and an environmental disaster.” – Agustín Carstens Following the Bank for International Settlements’ Cryptocurrencies: looking beyond the hype report, Agustín Carstens, head of the Bank for International Settlements, had stern comments […]
According to a press release Monday, tax enforcement agencies from Australia, Canada, the Netherlands, the United Kingdom and the United States have established a joint operational alliance, the Joint Chiefs of Global Tax Enforcement (J5). This is an effort to […]
