DeFi
Exchanges
Coinbase Refutes Bitcoin Cash Insider Trading Allegations
After launching an independent inquiry in December 2017 and allegations of insider trading, San Francisco-based Coinbase cleared its name and concluded no such activity…
Adoption
Ethereum Incubator ConsenSys to Power Chinese City via Blockchain
Chinese government officials in the South Eastern province of Xiong'an have engaged the services of Ethereum incubator ConsenSys to help turn their agriculture-intensive economy to…
Adoption
Exclusive: ProtonMail Refutes ICO “Unsubstantiated” Rumours, Confirms no Plans of Token Launch
Recent reports of privacy-email provider ProtonMail planning an Initial Coin Offering (ICO) for its product were widely circulated in cryptocurrency communities. However, the firm…
Crypto
London Police Educated on Cryptocurrencies Amidst Money Laundering Concerns
Amidst rising fears of cryptocurrency growth as a terrorism-funding and money laundering vehicle, the city of London established an educational outlet for its Police…
Analysis
Bank of Canada: Double Spending is “Unrealistic” in Blockchain Technology
A study released in July 2018 by the Bank of Canada (BoC) concludes the dreaded “double spending” attack on public blockchains is an “unrealistic”…
Mining
Chinese Region Halts Cryptocurrency Mining Operations
In-line with a strict government crackdown on all things crypto, a small province in China is forced to shut-down illegal bitcoin mining operations in…
Adoption
Crypto Custodian Services to Launch in Hong Kong
A prominent South East Asia-based fund management company is considering the launch of a cryptocurrency custodial service targeting regional institutional investors. The Demand for…
Adoption
South Korea to Establish Digital Currency Policy-Making Department
South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising…
Adoption
Report: Banks are Secretly Offering Cryptocurrency Insurance to Businesses
As reported by Bloomberg on July 19, 2018, companies like XL Group, Allianz, AIG, and Chubb are creating customized insurance packages for protecting cryptocurrency…
Mining
Cryptocurrency Miners Face the Heat as Vietnam Bans Imports and Taiwanese Chipmaker Lowers Revenue Figures
The State Bank of Vietnam (SBV), the East Asian country’s central bank, announced on July 19, 2018, the import of cryptocurrency miners to the…
Scams
World’s First Legal Literature on ICOs Calls Out Fundraising Method
A University of Pennsylvania legal research report concluded Initial Coin Offerings (ICOs) have mostly “failed” to reflect on their contractual promises as described in…
Adoption
U.S. Bank Wells Fargo Files Data Tokenization Patent
Institutional bank Wells Fargo applied for a token-based patent on July 17, 2018, detailing a tokenization system method that protects customer data. Bank Addresses…