Category: Cryptocurrencies

Majority of US States Have Taken a Stance on Bitcoin and Blockchain

Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and the levels of engagement with the underlying technology. Also read: Several States Spearhead Bitcoin Adoption

In Apparent Exit Scam CEO Of German Startup Is ‘Over And Out’ After $50 Mln ICO

In apparent exit scam, German startup Savedroid founder posts a Tweet saying “over and out” аfter raising $50 mln in ICO. Update: Thursday, April 19, Savedroid’s CEO posted a video to YouTube claiming that the apparent exit scam was actually a PR stunt the company pulled off to advocate for “high quality ICO standards.” The

Bank of Japan Turns Back on State-Issued Cryptocurrency

The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read:

US Stablecoin Project Basis Raises $133 Mln From Major VC Firms

New proposed stable cryptocurrency project Basis raises $133 mln from big name VC investors. The US-based Blockchain project Basis (formerly known as Basecoin), which claims to provide a non-volatile cryptocurrency or stablecoin, has recently raised $133 mln in funding from big name investors, according to an official blog post published today, April 18. Basis announced

Amazon Granted Patent For Streaming Data Marketplace With Bitcoin Use Case

Amazon was granted a patent for a streaming data marketplace that allows users to receive real-time data of cryptocurrency transactions. Amazon Technologies, Inc., a subsidiary of e-commerce giant Amazon, received a patent for a streaming data marketplace that would enable users to receive real-time cryptocurrency transactions data, according to a document released April 17. In

New York Attorney General’s Office Launches Inquiry Into Cryptocurrency Trading Platforms

The New York Attorney General has required thirteen major cryptocurrency exchanges to provide information on their operations and internal controls. New York Attorney General Eric T. Schneiderman has launched the “Virtual Markets Integrity Initiative”, an “inquiry into the policies and practices” of digital currency trading platforms, according to a press release April 17. As part