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Singapore’s Streamity Is Building A Decentralized Cryptocurrency Exchange

Singapore-based Streamity is looking to raise US$20 million in a token sale to fund the development of a decentralized cryptocurrency exchange. The startup claims it intends to solve the issue of high commissions and high fees that are plaguing the cryptocurrency trading market. The Streamity project focuses on establishing a cryptocurrency exchange and a broad… Continue reading Singapore’s Streamity Is Building A Decentralized Cryptocurrency Exchange

Coinbase Hit by Two Class Action Lawsuits, One Alleges Insider Trader Information

Cryptocurrency exchange Coinbase is facing two class action lawsuits, one of which is claiming insider trader information. The first of the complaints, filed Thursday in San Francisco federal court, focuses on the launch of BCH on Coinbase in December, and alleges insider trading information. The case, which has been brought by Jeffrey Berk, is representing… Continue reading Coinbase Hit by Two Class Action Lawsuits, One Alleges Insider Trader Information

North Korea May Have Raked in Over $200 Million in Cryptocurrency Transactions

North Korea is reported to have raked in more than $200 million in cryptocurrency transactions last year, sidestepping sanctions on its nuclear and missiles programme, according to an intelligence agent. In an interview with Radio Free Asia, Priscilla Moriuchi, a former U.S. National Security Agency officer, estimated that the country had banked 11,000 bitcoins. Speaking… Continue reading North Korea May Have Raked in Over $200 Million in Cryptocurrency Transactions

Japanese Cryptocurrency Exchanges to Set Up Self-Regulatory Body

The sixteen digital currency exchanges licensed by the Japanese government have announced that they will be cooperating to form a self-regulatory body to increase trust in the virtual currency industry.  This news comes on the heels of the largest cryptocurrency exchange hack ever, in which 58 billion yen (~$530 million) worth of the digital currency… Continue reading Japanese Cryptocurrency Exchanges to Set Up Self-Regulatory Body

Bank of England’s Governor: Crypto Industry Should be Held to the Standard as the Financial System

The Bank of England’s (BoE) Governor has become the latest to take a stand against the cryptocurrency market, calling for the industry to be held to the same standards as the traditional financial system. Addressing the inaugural Scottish Economics Conference, at Edinburgh University, via a video link, Mark Carney said that authorities need to decide… Continue reading Bank of England’s Governor: Crypto Industry Should be Held to the Standard as the Financial System

Bulletproofs, Rangeproofs & the quest for Confidential Bitcoin Transactions.

In another step towards greater privacy and protocol-level advances for cryptocurrencies, a team of researchers, including Bitcoin Core developers Pieter Wuille and Greg Maxwell, have recently released a paper outlining a protocol for zero-knowledge proofs entitled “Bulletproofs: Short Proofs for Confidential Transactions and More”. Zero-knowledge proofs are an important cryptographic principal wherein the validity of… Continue reading Bulletproofs, Rangeproofs & the quest for Confidential Bitcoin Transactions.

Blockchain Platform aelf Taps South Korean Market

aelf, a cloud computing blockchain network, has entered the South Korean market, announcing on Thursday the listing of its cryptocurrency ELF on trading platform Gopax, a new partnership with digital asset fund Hashed, and the hiring of former McKinsey & Company Associate, JB Lee, to help forge new partnerships and boost the platform’s growth in… Continue reading Blockchain Platform aelf Taps South Korean Market

Is Shapeshift Still The King of The Instant Exchanges?

When Shapeshift launched a few years back, it wasn’t quite a revolution, but it was disruptive. Suddenly, cryptocurrency users could quickly switch between different currencies without signing up for a sketchy exchange or providing personal information. It quickly became one of the biggest names in bitcoin and soon, just the news that Shapeshift was adding… Continue reading Is Shapeshift Still The King of The Instant Exchanges?

Russia Announces July Deadline for New Cryptocurrency Legislation

Russia has reportedly said that it will legalise the cryptocurrency market by the summer, at the instruction of Russia’s President Vladimir Putin. In a report from Russia’s Parliament Newspaper, it states that the new legislation will take effect on the 1st July, 2018. According to the report, two draft laws have been prepared by the… Continue reading Russia Announces July Deadline for New Cryptocurrency Legislation

Blockchain Title Registry Codex Raises US$5M From Pantera Capital

Blockchain startup Codex has raised US$5 million from Pantera Capital, one of the most prominent hedge funds investing in blockchain, to fund the development of its decentralized title registry for the arts and collectibles asset class. Pantera Capital’s co-chief investment officer Joey Krug has joined Codex as a blockchain technology and strategic advisor. “We are… Continue reading Blockchain Title Registry Codex Raises US$5M From Pantera Capital