South Korea will reportedly begin implementing new regulations banning anonymous cryptocurrency exchange accounts on or around Jan. 20. Citing anonymous sources, Yonhap News reports that the efforts to clamp down on speculative investing in the cryptocurrency markets now seemingly have a hard launch date. The proposal essentially strengthens "know-your-customer" rules...
Egypt's highest Islamic religious leader is now weighing in on the legitimacy of cryptocurrency trading. Shawki Allam, the current Grand Mufti of Egypt, said on Jan. 1 that cryptocurrency trading is forbidden under Islamic religious law due to the risk associated with the activity, according to Egypt Today. Allam issued his...
The developers behind Bitcoin ABC, a software implementation which accounts for 81.48% of all nodes running on the bitcoin cash network, have released a new update designed to solve an issue whereby users could lose funds when mixing up BTC and BCH addresses. The problem stems from bitcoin cash's...
The cryptocurrency market appears to be starting the new year off by cementing a recovery. At press time, the total value of the more than 1,300 publicly traded cryptocurrencies, as listed by data CoinMarketCap, set a new all-time high of $667 billion. As such, it's the latest sign that the...
The non-profit that oversees development of ethereum has officially unveiled two subsidy programs that will support research on how to grow the number of transactions its blockchain can process. In a blog post published Tuesday, ethereum creator Vitalik Buterin described how the network is beginning to reach 1 million...
Founders Fund, the Silicon Valley venture capital firm known for its early investment in Facebook, is stepping into the world of cryptocurrencies, according to a new report. Co-founded by high-profile investor Peter Thiel and based in San Francisco, Founders Fund has bought $15 million to $20 million worth of...
This article is an entry in CoinDesk's Most Influential in Blockchain 2017 series. Feel like you missed out buying bitcoin? So did Bitcoin Sign Guy once upon a time. Before he took a stand by photo-bombing a sitting Federal Reserve chair (giving the world some timely financial advice in the process), he...
This article is an entry in CoinDesk's Most Influential in Blockchain 2017 series. Are cryptocurrencies in a bubble? According to Erik Voorhees, we might be in two. In a video interview from his company's headquarters, the ShapeShift CEO sits down for a Q&A session to talk crypto asset valuations, lesson learned from the...
Arthur Camara is a co-founder of CryptoKitties, created by Canadian innovation studio Axiom Zen, where he focuses on product and engineering to help bring blockchain technology to the masses. The following article is an exclusive contribution to CoinDesk's 2017 in Review. I admittedly wasn't investing in any cryptocurrency in the...
Central securities depositories (CSDs) are perhaps among some of the most surprising adopters of blockchain technology. Not that long ago, these middlemen, which today hold onto corporate stocks and bonds to simplify the trading process, were a favorite target of blockchain disruptors. Now, they are among some of the...