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Ten years ago on Oct. 31, pioneer cryptocurrency Bitcoin was introduced to the world after pseudonymous creator Satoshi Nakamoto sent its whitepaper to a private mailing list of cryptographers. A decade later, the initially envisioned landscape has spawned into a multibillion-dollar sector, rivaling the traditional finance sector. Humble Beginnings The first bitcoins were transacted privately […]

Indian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday. Mr. SC Garg briefed FSDC Council about the progress in the Inter-disciplinary committee on Crypto "to devise an appropriate legal framework to ban use of […]

BitMEX CEO Arthur Hayes said we may not have seen the last of the bearish market for BTC in an interview with Yahoo Finance published Friday. Unfortunately, the entire sector is in a bear market right now, down from a peak of above $800 billion last year. How long will the pain continue? @CryptoHayes, @MatiGreenspan, […]

The Venezuelan government announced via Twitter on Monday that its controversial Petro cryptocurrency is now on sale to residents of the country via the official government portal. #Enterate || El Petro podrá ser adquirido por personas jurídicas y naturales desde su portal web https://t.co/0ldQe5CTHL #PetroNuevaEraEconómica pic.twitter.com/x2gyoncOVd — Vicepresidencia de Economía (@ViceEconomia) October 29, 2018 An […]

A new report on cryptocurrency regulation in the UK warns that “bad regulation is worse than no regulation at all,” the Telegraph reported on Monday. Experts cited in the report claim that an overly harsh crackdown on cryptocurrencies could break up the UK crypto market, causing companies to move to less regulated pastures to set […]

According to a post on the Radar Relay Medium, Short Ether or sETH, the first short token, is now available for trading on Radar Relay. sETH is a short position in Ethereum abstracted in an Ethereum token built on the dYdX protocol. Trading short tokens on Radar Relay is the same as trading any other […]

USDC, the stablecoin supported by a consortium that includes Circle Internet Financial Ltd. and Coinbase Inc. has seen more demand than any other recently launched dollar-backed cryptocurrency, including the Gemini Dollar, with a total of $127.4 million of the coin issued since its September debut. USDC Is Grabbing Massive Amounts of Investment Attention Stablecoin USD […]

On the heels of a report by a coalition of pro-blockchain groups and financial institutions warning UK officials not to over-regulate the industry, the Financial Conduct Authority (FCA) is weighing whether or not to ban certain crypto-related derivatives. While all eyes were on the budget yday, the FCA quietly announced that it considering a ban […]

The Lightning Network is an open protocol layer that leverages the power of blockchain and smart contracts to enable instant payments across a network of participants. The Lightning Network enables instant payments at exceptionally, low fees with millions to billions of transactions per second, and cross-chain atomic swaps. The Lightning Network could potentially allow for […]

J.P. Morgan’s Quorum blockchain, an enterprise-grade DLT solution built on Ethereum, is being deployed for tokenizing traditional assets to test the robustness of blockchain technology, reported Financial Review on Oct. 29, 2018. Tokenizing Gold Bars The New York-based investment bank will leverage blockchain technology for tokenizing gold bars to allow miners to earn premiums on […]