Monthly Archives: May 2018

CFO of Australia’s Commonwealth Bank Quits Role To Join EOS Token Developer Block.One

Rob Jesudason, the CFO of Australia’s Commonwealth Bank has resigned with immediate effect in order to become the COO of EOS token developer Block.one. Rob Jesudason, the Chief Financial Officer (CFO) of Australia’s Commonwealth Bank (CBA), has left the bank to join a blockchain company, the Sydney Morning Herald reports May 14. Jesudason resigned with immediate effect in order to become the group president and chief operating officer of blockchain software firm Block.one. Block.one is the developer of the ‘EOS.IS’ blockchain software, an operating system-like platform that […]

More info

Polish Financial Watchdog To Fund Anti-Crypto Social Media Campaign

Polish financial watchdog seeks contractors for a social media campaign against cryptocurrencies, the latest in a series of government led anti-crypto moves. Poland’s Financial Supervision Authority (KNF) is conducting a social media campaign about the risks of investing in cryptocurrency, according to a May 10 post on the KNF’s website. KNF has placed a tender order of 615,000 zloty (around $173,000) to plan and conduct the campaign, which focuses on the risks associated with cryptocurrencies, pyramid schemes, and forex trading. The KNF’s recent initiative is evidently part […]

More info

Forex Platform Serving Goldman Sachs and Morgan Stanley Adds Crypto Trading

Kx Systems has recently launched crypto trading on its forex trading platform to “meet the ‎current and future needs of clients.” Software developer Kx Systems has launched cryptocurrency trading on its white label forex (FX) trading platform Kx for Flow, the company reported in a blog post May 14. Starting today, Kx for Flow customers are able to conduct spot trading of Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Ripple (XRP). US-based Kx Systems is a high-performance software supplier with customers including global investment […]

More info

Coinbase Remains the Most Successful and Important Company in the Crypto Industry

On its 6th birthday, Coinbase received high praise from Shapeshift’s Erik Voorhees. He Tweeted, “Coinbase remains the most successful and important company in the crypto industry.” Arguably, that is very much the case. The San Francisco-based cryptocurrency exchange with its barebone menu of offerings, combined with its easy user-interface and relatively smooth onboarding (almost no upfront deposit needed), provide an envious business model. That’s not to write the company is without faults, as it has many. It might not even be the future of retail crypto access, […]

More info

A Boost for Privacy in Cryptocurrency: Gemini Announces Support for Zcash

Zcash just became the first privacy coin to earn itself a fiat trading pair on a mainstream American exchange. On Monday, May 14, 2018, a Gemini blog post announced that the Winklevoss-run exchange would list Zcash after it received the go-ahead from the New York State Department of Financial Services (NYSDFS). Opening deposits for Zcash on May 19, 2018, at 9:30 a.m. EST, the exchange will officially commence trading for the asset at 9:30 a.m. EST on May 22, 2018. Zcash utilizes two addresses, shielded and unshielded, […]

More info

Samourai and goTenna Enable Bitcoin Transactions Without Internet Access

Samourai Wallet is collaborating with goTenna, a Brooklyn-based company specializing in off-grid communications, to produce txTenna, an Android app that combines mesh networking with Bitcoin transactions. The app will allow users to pair their phones with goTenna’s portable antennas in order to broadcast transactions. goTenna produces consumer-grade hardware to facilitate mesh networking — a concept that echoes much of the decentralization ethos that we see across the cryptocurrency domain — which operates by allowing peers to connect directly to one another for the purpose of routing packets, […]

More info

Largest Credit Bureau In Eastern Europe To Use Blockchain For Customer Data Storage

The Polish Credit Office, the largest credit bureau in Central and Eastern Europe, will implement a blockchain solution for storing and accessing sensitive customer data. The Polish Credit Office, Biuro Informacji Kredytowej (BIK), has partnered with UK fintech firm Billon to implement blockchain for customer data storage, according a press release from Billon today, May 14. BIK, the largest credit bureau in Central and Eastern Europe, is owned by Poland’s leading banks and tracks around 140 mln credit histories, according to the press release. BIK president Mariusz […]

More info

Stable Coins Analysis: Is there a viable solution for the future?

If we are to see the displacement of fiat currencies, stable coins will be the way to get there. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. In a 2013 paper published by David Yernack, the professor of finance at New York University stated that, for any currency […]

More info

Bitgo Launches Institutional Grade Custodial Services Suite

This weekend the leading cryptocurrency security platform, Bitgo, announced the launch of custodial storage solutions for institutional investors. The new custodial program aims to offer a multi-level suite for digital asset security in partnership with the firm Kingdom Trust. Also read: Markets Update: Cryptocurrencies Lose Steam During the Weekend Bitgo Offers a Secure Custodial Platform for Institutional Investors The Palo Alto-based firm Bitgo is now offering institutional investors custodial services due to a partnership with Kingdom Trust. The news follows the recent announcements from the Wall Street giant […]

More info

New York City Wants To ‘Lead The Way In Blockchain’, Unveils Industry Initiatives

NYC’s Economic Development Corporation will launch a Blockchain Resource Center, among other initiatives, to educate the public and gov’t about the new technology. The President and CEO of the New York City Economic Development Corporation (NYCEDC) announced blockchain-related initiatives for the city today, May 14. The initiatives include the launch of the NYC Blockchain Resource Center and a public competition for blockchain apps to improve the public sector. According to the NYCEDC release, the Blockchain Resource Center will serve as a way to educate the public about […]

More info
1 2 3