Author Archives: creative

Tim Draper Calls India’s Crypto Stance A “Huge Mistake,” Warns Of Potential Brain Drain

Investor Tim Draper may have returned to the Indian markets, but he remains critical of the country’s less-than-welcoming attitude towards cryptocurrencies. Tech investor Tim Draper, whose recent re-entry to India’s market was prompted by Prime Minister Narendra Modi’s promise to crackdown on corruption, nevertheless criticized India’s negative stance on cryptocurrencies during an interview with The Economic Times published yesterday, April 6. Draper had returned to the Indian market in February 2017 – having exited it in 2016 due to a perceived lack of “rule of law” prompting […]

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More Bitcoin ETF Teasing, Encouraging Signs Emerge

The cryptocurrency ecosystem was sent abuzz this week as the US Securities and Exchange Commission (SEC) published a report of two new applications for bitcoin exchange traded funds (ETFs) to be listed on the New York Stock Exchange (NYSE) Arca. Will the crypto gods finally answer some enthusiasts’ prayers for mainstream adoption? Also read: Help Wanted! Japan Needs Crypto Engineers SEC Appears Closer to Okaying Bitcoin ETFs This time might be different. That’s the mantra sweeping through ecosystem platforms. After what seemed like a permanent hiatus, the SEC […]

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EOSIO’s Dawn 3.0 Platform Added To Github, Claims Blockchain Interoperability

EOSIO pre-releases scalability-focused Blockchain platform Dawn 3.0 touted as a “major milestone” on the way to June 2018’s prospective launch of EOSIO 1.0. Open source software publisher Block.one pre-released its scalability-focused Blockchain platform EOSIO Dawn 3.0 on Github yesterday, April 6, according to an EOSIO Medium post. Dawn 2.0 had been released in December of last year, and the most current pre-release of Dawn 3.0 this April 6 is noted as a “major milestone on the road to EOSIO 1.0,” which reportedly will be released in June. […]

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England: Unauthorized Crypto Futures and ICOs are Criminal Offences

In a statement released 6 April 2018, the Financial Conduct Authority (FCA) of England attempted to clarify its jurisdiction in the ever-booming cryptocurrency industry. While acknowledging cryptos are “not currently” regulated by the bureau, crypto futures, contracts for difference (CFDs), options, and initial coin offerings (ICOs) do indeed fall under their purview. Furthermore, crypto firms running afoul of necessary FCA authorization are committing “a criminal offence.” Also read: India Searches for Ethereum Over Bitcoin England’s FCA Warns Crypto Firms About Unauthorized Trading “We are aware of a growing […]

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Two Crypto Exchanges Suspended by Japan’s Financial Regulator

The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks.    Also read: CEO of Korean Exchange Coinnest among Four Arrested for Fraud FSHO, Eternal Link Suspended, Lastroots Told to Improve The sanctioned crypto platforms – FSHO, Eternal Link, and Lastroots – have received orders to improve their business practices. These were […]

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Bitcoin in Brief Saturday: Forks and Fights

Bitcoin in Brief is your daily roundup of the stories that matter from the cryptosphere. Drama; in-fighting; hacks; humor; it’s all here. In today’s edition, Vitalik Buterin gets catty, Coinbase meets “coinbase”, and Tim Draper has an audacious suggestion for India. Also read: Help Wanted! Japan Needs Crypto Engineers Coinbase and “coinbase” Are Not the Same Thing Coinbase is a cryptocurrency exchange; coinbase (lower case) is a field used for claiming the block reward when mining bitcoin and other cryptos. Confusing the two is easily done, as happened […]

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Monero Just Hard Forked — and It Resulted in Four New Projects

One hard fork later, there are four new Monero projects. Monero hard forked to version 12 of its protocol yesterday. But not everyone is on board. Following the example once set by Ethereum Classic, some users are continuing on the pre-hard fork Monero blockchain… though in this case not as a single project. Now there is  Monero Classic, Monero 0 (XMZ), Monero Original (XMO) and a second project by the name Monero Classic (XMC) (which in this article we will refer to as Monero-Classic); these are all […]

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Is Ripple About to Become Another Ethereum?

For only the second time in its history, an attempt at tokenizing Ripple’s XRP ledger through an initial coin offering (ICO) is being seriously offered by a group not formally associated with the company. It’s an interesting juxtaposition for a project widely believed to be actively separating itself from the messiness of the cryptocurrency world. ICOs are an unintended use case, it turns out, for the legacy banking establishment’s favorite new settlement tech, and, if it proves successful, could push the XRP ledger into Ethereum territory.   […]

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Coinbase Exchange To Support Withdrawal Of Bitcoin Forks

Crypto exchange Coinbase will add support for the withdrawal of Bitcoin forks. Coinbase announced that it will support the withdrawal of Bitcoin forks across Coinbase products in the coming month, a Coinbase Medium post stated April 5. Adding Support for Bitcoin Forks to Coinbasehttps://t.co/ovrcasB019 pic.twitter.com/UWKnGp7etA — Coinbase (@coinbase) April 5, 2018 While the exchange announced that this will make the withdrawal of assets associated with Bitcoin forks more convenient, Coinbase stresses that they are not announcing trading support for any specific assets at the time. Coinbase has […]

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Chile’s National Energy Commission Launches Ethereum-Based Pilot For Energy Data

Chile’s National Energy Commission has recently launched a trial project for recording energy sector data on Ethereum Blockchain. Chile’s national energy regulation organization, Comisión Nacional de Energía de Chile (CNE), recently announced the launch of a project based on the Ethereum (ETH) Blockchain network to record data from the nation’s energy sector, according to an agency press release April 5. The pilot project was first revealed by the CNE on Feb. 27, aiming to provide data security, as well as its accuracy, transparency, and accessibility with the […]

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