Things calmed down considerably in the cryptocurrency markets Friday. Yesterday’s massive bitcoin run-up and the attendant boosts to other altcoins settled into a sideways pattern at mid-day, with prices holding steady. Yet the good news on the blockchain expansion problem seemingly being solved promised good things to come.
The massive hack this week of Parity Technologies digital wallet resulted in three companies that have now admitted losses, with indications that they may file a lawsuit to recover the funds lost.
Edgeless Casino has confirmed the loss of 26,793 ETH ($5.6 million USD),
Religion, politics and the bitcoin scaling debate are sure to provoke a passionate argument. That’s why Bitcoin Core and Bitcoin Knots developer Luke Dashjr created a poll on the issue.
Participants are required to verify a Coinbase identity to register their input.
Annette Ebright, Sarah Hutchins and Brian Cromwell are partners on Parker Poe Adams & Bernstein LLP’s FinTech team that provide regulatory compliance, litigation and enforcement as well as data security/privacy issues on behalf of their clients.
They each have significant experience representing corporations and individuals in federal and state criminal and regulatory investigations in a broad array of industries with a particular focus in the financial services sector industry.
A supermajority of bitcoin miners have agreed to implement BIP91 as of early today, indicating that the dreaded hard fork and split into two warring camps of bitcoin may be averted.
A web site monitoring miner broadcasts of support for the proposal indicates BIP91 as “locked in,”
First Block Capital, in partnership with Canadian online investment platform FrontFundr, is starting the Canadian Bitcoin Trust, providing eligible investors with a convenient way to invest in bitcoin.
First Block Capital Inc. is a Canadian investment firm founded by global entrepreneurs committed to providing investment exposure to the emerging digital currency asset class based on blockchain technology.
Bankymoon, a blockchain-based solutions provider in South Africa, has been selected by South African Reserve Bank (SARB) to conduct regulatory sandbox trials.
The South African Reserve Bank, the country’s central bank, will begin experimenting with different regulations surrounding bitcoin and other digital currencies with an eye to legitimize and understand the growing trend.
Decentralized blockchain platform Waves has announced the opening of an ether gateway within the lite client. The ether gateway follows the launch of bitcoin, USD, and EUR gateways.
The ether gateway will enable users to store ETH and trade it against other tokens on the DEX,
Horizon 2020, the European Union’s Research and Innovation program, has granted funding of almost €2 million to Polish blockchain firm Billon Group.
Billon Group aims to provide secure and regulated environments for electronic currency transfers while being fully compliant with know-your-customer (KYC) and anti-money laundering (AML) procedures.
Swiss blockchain startup Ambrosus has launched its blockchain-based platform for the food supply chain. An initial coin offering (ICO) will begin in September.
Ambrosus combines sensors, blockchain technology, and smart contracts to reduce inefficiency in the global food supply chain in pursuance of its goal to become the first publicly verifiable and community-driven system to assure the quality,