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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

Marshall Islands Plans “Initial Currency Offering” For National Cryptocurrency

The Marshall Islands is the latest country looking to issue its very own cryptocurrency. Called “the sovereign” (SOV), the cryptocurrency will circulate as legal tender alongside the USD and will be distributed to the public via an “initial currency offering,” the President of the Republic of the Marshall Islands (RMI), Dr. Hilda C. Heine, announced… Continue reading Marshall Islands Plans “Initial Currency Offering” For National Cryptocurrency

Rabobank Unveils Cryptocurrency Wallet

The Dutch multinational bank Rabobank has announced that it is planning to release a cryptocurrency wallet called Rabobit.  This comes as a surprise, since Rabobank had previously refused to do business with companies involved in digital currency. Rabobit was created through the internal program “Moonshot” within Rabobank.  The Moonshot program gives Rabobank employees a platform… Continue reading Rabobank Unveils Cryptocurrency Wallet

Wait…What Happened to Bitcoin Transaction Fees?

To many regular participants in the Bitcoin economy, there may have been a sense that in the final months of 2017 transaction fees were rising quite significantly. There was a noticeable increase in transaction traffic across the latter part of the year, with an initial spike of high fees in late November preceding a huge… Continue reading Wait…What Happened to Bitcoin Transaction Fees?