Month: October 2018

Cryptocurrency exchange Bitstamp has been acquired by Belgium-based investment firm NXMH in an “all cash deal,” Reuters reports today, Oct. 29. Nejc Kodrič, CEO of the Luxembourg-registered exchange, reportedly revealed the deal had been closed Oct. 25, but declined to share the full terms. The CEO told Reuters that in 2016 Bitstamp was valued at
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Germany’s financial regulator wants to see an international effort to regulate Initial Coin Offerings (ICO), despite remaining uncertain whether they would ever become more than a “niche issue,” German business outlet Handelsblatt reported Sunday, Oct. 28. In an interview with the publication, Felix Hufeld, chairman of Federal Financial Supervisory Authority (BaFin), said German regulatory sources
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Bitcoin “Patient Zero” Wences Casares, the founder of Bitcoin (BTC) wallet startup Xapo, said that the seminal cryptocurrency may take years to prove successful, in an interview with Bloomberg Oct. 29. In an interview with Bloomberg, Casares argued that BTC is an “intellectual experiment,” and it could be several years before it proves successful. “It
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A new survey by blockchain-oriented research firm Clovr showed that 60 percent of respondents think that cryptocurrency should be treated like fiat currency in political elections. In the course of its research, Clovr surveyed 1,023 eligible voters registered in the U.S. for their understanding of what impact virtual currency could exert on the political process.
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The Enterprise Ethereum Alliance (EEA) has released its latest round of specifications – the next steps to harmonizing the way large companies use private versions of the second-largest blockchain. Announced Monday at Devcon4, the annual ethereum developer conference, EEA (the largest blockchain consortium, with 500 members) released its Client Specification Version 2, which lays out
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This article originally appeared in CoinDesk Korea, a partnership with The Hankyoreh. Opting to take the view ICOs are a form of fraud, speculation or gambling, the Korean government initiated a ban on the investment vehicle last September, one that sparked a strong backlash from domestic blockchain startups. Still, some Korean lawmakers from the opposition party
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Dan Held is the founder of crypto portfolio service Picks & Shovels. He previously founded data service ZeroBlock, which sold to Blockchain, and served as VP of product at ChangeTip.  This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” series. In my last article, “Seasons,” I covered the precise
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Touted as a way to make the world’s most valuable cryptocurrency a more effective payment method, bitcoin’s lightning network has a rather large obstacle ahead – it’s still challenging, even risky, to set up and use. It could become easier, though, should developers at the World Wide Web Consortium (W3C), the prestigious international group that creates
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Advertisement Kim Dotcom, a German-Finnish Internet entrepreneur and a renowned investor in crypto, stated that the US economy will inevitably crash in the years to come. If US markets deteriorate in the long-term, as predicted by recognized economists including Peter Schiff and Nouriel Roubini, Dotcom firmly stated that crypto will appeal to investors as a
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Advertisement At Bloomberg Ideas, an event that features leading experts in various industries, George Mason University economics professor Tyler Cowen stated that if crypto remains illegal, adoption will be difficult to achieve. “If crypto stays illegal, it will be ghettoized, and that will make it harder for it to spread ultimately.” However, in major markets
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