Thai SEC Warns Public About Investing in Nine Unregistered Tokens and ICOs October 27, 2018

The Thai Securities and Exchange Commission (SEC) has issued a warning about investing in nine digital tokens and Initial Coin Offerings (ICOs), which have not been accredited by the regulator, news outlet Bangkok Post reported Oct. 26. The SEC reportedly initiated an investigation into digital tokens and ICOs being promoted on social media platforms for […]

Crypto Investing Has Finally Met Its Tinder Match October 26, 2018

Crypto needs a killer app and a better sales pitch. “The average consumer just doesn’t care about decentralization,” Jeff Morris, Jr., an under-the-radar venture investor in the crypto space, told CoinDesk in a recent interview. Through the fund he created last year, Chapter One Ventures, Los Angeles-based Morris has quietly gotten in on some of […]

Binance Reveals Results of Crypto Donations for Flood Relief in Japan October 25, 2018

The world’s largest cryptocurrency exchange Binance has released a report on crypto donations to provide relief for West Japan following devastating floods in mid-July, according to a blog post published Oct. 24. From late June to mid-July, record downpours in southwestern Japan caused floods and landslides, wherein over 8 million people were advised to evacuate […]

Coinbase Gets Approval to Offer Crypto Custody Services in the State of New York October 24, 2018

New York state regulators have approved Coinbase Custody Trust Company LLC to roll out their cryptocurrency custody services in the state, according to an official announcement published Oct. 23. The New York State Department of Financial Services (DFS) has authorized Coinbase’s wholly-owned subsidiary Coinbase Custody Trust Company LLC to provide a limited range of custody […]

Money 20/20: Experts Debate Whether Blockchain Will Replace Current Payment Systems October 23, 2018

At the Money 20/20 conference in Las Vegas today Oct. 22, experts in the blockchain field debated the future of the technology and its potential effects on how payments are conducted. Ripple’s Chief Technology Officer David Schwartz and FIS Payments Senior Vice President of Product Strategy Esther Pigg offered competing visions of whether blockchain will […]

Hodler’s Digest: the Great Tether ‘Unpegging’ and Wozniak Gets Into Blockchain October 22, 2018

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Investment Giant Fidelity Launches Digital Assets Service U.S. […]

Crypto Markets See Little Movement, Bitcoin Continues to Trade Just Below $6,500 October 21, 2018

Saturday, Oct. 20: Crypto markets are seeing little momentum, with virtually all of the major cryptocurrencies seeing slight growth and losses between a 1-2 percent range, as Coin360 data shows. Market visualization by Coin360 Tether (USDT) has mostly settled back in to its characteristic trading pattern. Having briefly lost its U.S. dollar peg last week, […]

Russian Draft Bill Lacks Core Crypto Terms After Recent Edits October 20, 2018

Russian deputies have removed the definition of crypto mining from a draft bill on digital currency regulation ahead of its next reading in the State Duma, major local news agency Interfax reports Oct. 19. Consequently, the new law will not clarify tax issues for miners. The chairman of the Duma Committee on Financial Markets Anatoly […]

Bermuda Government Approves First ICO Under New Regulatory Regime October 19, 2018

The government of Bermuda has awarded the first certification for an Initial Coin Offering (ICO) under the island nation’s new regulatory regime for crypto and blockchain business, the country’s only daily newspaper, the Royal Gazette reports Oct. 18. According to the Royal Gazette, the Minister of National Security Wayne Gaines — whose office oversees ICT […]

World Payments Report 2018: DLT Falls Short of Meeting Financial Market Demands October 18, 2018

The World Payments Report 2018 published Oct. 16 has found that distributed ledger technology (DLT) is not currently capable of meeting financial market demands. The annual report was jointly compiled by consulting and technology services firm Capgemini and leading European bank BNP Paribas. To prepare the report, researchers conducted an assessment based on multiple criteria, […]

Ethereum Foundation Releases Fourth Wave of Grants October 17, 2018

The Ethereum Foundation has announced the fourth wave of grants awarded to 20 different persons and entities working on the Ethereum blockchain, it revealed in a press release Oct. 15. According to the release, the total amount of awards is over $3 million. The biggest grants worth $500,000 were given to Prysmatic Labs and Status. […]

Former CFTC Chairman Gary Gensler: ICOs Should be Considered Securities October 16, 2018

Former chairman of the U.S. Commodity Futures Trading Commission (CFTC), Gary Gensler said that most tokens sold through Initial Coin Offerings (ICOs) should be classified as securities, Bloomberg reported Oct. 15. Should cryptocurrencies be considered securities, they would fall under the regulatory purview of the U.S. Securities and Exchange Commission (SEC). Issuers of coins would […]

Nouriel “Dr. Doom” Roubini: “99 Percent of Cryptocurrencies are Worth Zero” October 15, 2018

The interview has been edited and condensed. Nouriel Roubini is a New York-based economist that famously predicted the 2008 financial crisis when only a few considered there might be a threat to the existing course of events at the time. A Harvard alumnus and now a professor at NYU Stern School of Business, Mr. Roubini […]

Nouriel Roubini Versus Blockchain: Notes from the Senate Floor October 14, 2018

Normally, there is very limited room for drawing legitimate comparisons between a Senate hearing and an Mixed Martial Arts (MMA) fight. Yet the hearing entitled “Exploring the Cryptocurrency and Blockchain Ecosystem,” which took place on October 11, 2018 on the US Senate’s Committee on Banking, Housing & Urban Affairs’ floor, definitely bore quite a few similarities […]

South Korean Financial Regulator Reaffirms Negative Stance on ICOs and Crypto October 13, 2018

The chairman of Korea’s Financial Services Commission Choi Jong-koo has reaffirmed his negative position on digital currencies and Initial Coin Offerings (ICOs), Business Korea reported Oct. 11. Choi spoke at a parliamentary audit session of the commission held at the National Assembly. South Korea prohibited ICOs in September last year, stating that such a type […]

Coinbase Launches First ERC-20 Token on Platform October 12, 2018

Leading U.S. cryptocurrency exchange Coinbase has started listing 0x (ZRX) token, according to an announcement published Oct. 11. The move marks the first time Coinbase has added support for an ERC-20 token. ERC-20 tokens are tokens developed and used solely on the Ethereum (ETH) platform, where ERC stands for Ethereum Request for Comment, and 20 […]

Crypto Exchange YoBit Starts Pump Scheme on Random Coins October 11, 2018

Cryptocurrency exchange YoBit is going to perform a pump scheme on random coins, according to an Oct. 10 tweet. A pump and dump scheme is a form of fraud that attempts to artificially boost the price of an asset through misleading or false recommendations. YoBit Pump in 22 hrs: https://t.co/RIbW7OhKzMWe will buy one random coin […]

Hackers Breach Smart Contract on Ethereum-Based Adult Entertainment Platform SpankChain October 10, 2018

Ethereum-based adult entertainment platform SpankChain has suffered a smart contract security breach that led to loss of around $38,000, the firm reported on its Medium page Oct. 9. The hack, which purportedly took place Oct. 6, was detected by SpankChain a day after, and was announced today in a post entitled “We Got Spanked: What […]

EU Markets Regulator Examines ICOs to Determine Regulations October 9, 2018

The European Securities and Markets Authority (ESMA) has announced it is examining Initial Coin Offerings (ICOs) to determine how they should be regulated, Reuters reported Oct. 8. The ESMA was established in 2011 in Paris, France, with an objective to develop a common rulebook for European Union (E.U.) financial markets and supervise them. The ESMA […]

Venezuela Mandates Passport Fees Must Be Paid in Controversial Cryptocurrency Petro October 8, 2018

Venezuelans can only use the state-backed cryptocurrency, the Petro, to pay for passport fees starting next week, the country’s vice president Delcy Rodriguez said in a press conference Friday, Oct. 5. Ahead of Petro’s official “launch” in November, Rodriguez confirmed that as of Monday, Oct. 8, fees for all passport applications will only be payable […]

Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry October 7, 2018

Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions. CNBC’s CryptoTrader host Ran Neuner commented on Twitter today that all of this week’s “good news” – such as retail […]

Report: Number of Compromised Routers in India Doubled, Reaching Almost 30,000 October 6, 2018

A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard Fork reported Oct. 5. Banbreach managed to track Internet traffic and detect all devices on […]

BlackBerry Introduces Blockchain-Backed Platform Focused on Healthcare Services October 5, 2018

As part of its pivot into security and computing, software company and former smartphone manufacturer BlackBerry has released a blockchain-powered platform. The new product  focuses on the healthcare field, according to a press release published Oct. 4. Per the announcement, BlackBerry has partnered with technology firm ONEBIO to develop a blockchain-backed “ultra-secure” ecosystem. The system […]

Abra Wallet and Exchange Service Introduces Token That Tracks Crypto Index October 4, 2018

Digital currency wallet and exchange Abra has launched support for a new token, BIT10, that tracks the Bitwise 10 Large Cap Crypto Index, according to an announcement published Oct. 3. The Bitwise 10 Large Cap Crypto Index was developed by cryptocurrency asset management firm Bitwise Asset Management and is reportedly listed exclusively on Abra. The […]

WSJ: Automated Trading Programs Manipulate Digital Currency Prices October 3, 2018

Automated trading programs, or bots, are manipulating digital currency prices on cryptocurrency exchanges, according to a Wall Street Journal (WSJ) report October 2. Automated trading software is a program that allows traders to set specific rules for both trade entries and exits, submit orders to a market center or exchange, and then automatically executes them […]