If bitcoin is in a bubble, it is one of the few in the history of finance – if not the first – that expanded with negligible use of credit. That's just one of the unique takeaways from CoinDesk's State of Blockchain 2018 report, the latest in the quarterly...
Blockchain startup Templum has acquired Liquid Markets Group's broker-dealer and alternative trading system Liquid M Capital LLC. The regulated "tokenized asset" trading platform hopes to enable users to trade cryptocurrencies in compliance with U.S. securities regulations, notably treating digital assets as securities, the company announced in a press release...
Ethereum is once again at a familiar crossroads. As the price of its cryptocurrency ether has soared (and then corrected) in 2018, one thing has remained constant – users continue to lose money due to hacks, faulty code and human error. It's an issue that in the past has...
A senior investigator at the Manitoba Securities Commission in Canada has said that the country's regulators are "very pleased" with social media giant Facebook's decision to ban ads for bitcoin and initial coin offerings (ICOs), Jason Roy, who is also the chairman of Canada's Binary Options Task Force, said that...
"Bullish." "A sign of relief." These were just some of the comments that came from industry observers in the wake of a hearing held Tuesday by the U.S. Senate Committee on Banking, Housing and Urban Affairs, one that addressed the question of how domestic lawmakers should consider cryptocurrency regulation. Widely...
Concerns about initial coin offerings among U.S. regulators and lawmakers were on full display during a U.S. Senate hearing on Tuesday. "I believe every ICO I’ve seen is a security," Securities and Exchange Commission chairman Jay Clayton declared early on, perhaps setting the tone on a topic that would...
It wasn't so long ago that scraping a flat fee off of a user's transaction was a reliable revenue model. But with the advent of cryptocurrencies, a new wave of startups is beginning to set its sights on something different, with mainstream brands like Telegram and Kik pivoting to...
Facebook Messenger is unlikely to embrace cryptocurrency payments anytime soon according to David Marcus, Facebook's vice president of messaging. In a recent interview with CNBC, the former president of PayPal pointed to perceived issues with existing cryptocurrencies, specifying high transaction fees and slow transaction times as reasons why the...
In what could be one of the year's most talked-about launches, a cryptocurrency project called Augur may soon invite its community to bet against its success. Created by the Forecast Foundation in 2015, the crowdsourced prediction protocol raised $5.5 million by selling REP tokens long before the term initial...
Congress is set to hold what may be the most consequential hearing in years on the subject of cryptocurrency, with the heads of the two main U.S. financial market regulators in the hot seat. J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission, and Jay Clayton, his counterpart at...