News

On June 26, the SEC received an application from Cboe Futures Exchange to launch the world’s first Bitcoin ETF. Initially scheduled for a decision next week, the SEC has now postponed the application’s deadline until late September. Bitcoin ETF Delayed, Crypto Market Responds The U.S. Securities and Exchange Commission (SEC) has delayed CBOE’s application deadline […]

Governor John Kasich of Ohio signed a new piece of legislation on August 3, 2018, that will enable new uses of blockchain technology within the U.S. state. Ohio’s Push into Blockchain Moving forward, the new legislation will allow the use of blockchain technologies to transmit and store electronic records from a breadth of industries ranging […]

The overall cryptocurrency market has struggled to maintain an uptrend since its revival from a multi-month bear market. Following a recent bounce back, Ethereum, Bitcoin and Litecoin have drawn back to prices below key support levels.

As Capitol Hill comes to terms with the notion of a new financial landscape, the U.S. Chair of the Judiciary Committee has become the nation’s first congress member to disclose holding cryptocurrencies. As reported by Sludge, Congressman Bob Goodlatte admitted to holding between $17,000 and $80,000 worth of crypto-assets in his 2017 annual Financial Disclosure […]

Ethereum co-founder Vitalik Buterin put forward a series of open questions to the cryptocurrency community in a recent discussion with Mars Finance International WeChat group, postulating seven issues present within the blockchain ecosystem. Buterin’s “hard questions for any blockchain people” deal with some of the biggest obstacles that stand between the current state of blockchain […]

Since mid-2017, the art market, worth more than $60 billion, has seen an increase in Bitcoin as an alternative payment method to wire transfers. Despite the correction of the crypto market, the adoption of Bitcoin as the preferred currency for large transactions has significantly increased. Art Galleries are Starting to Accept Bitcoin In an interview […]

A growing number of Wall Street firms are changing sentiment and shifting toward the opportunities of an emerging digital economy. On Aug. 6, Goldman Sachs CEO, Lloyd Blankfein, shared his thoughts on cryptocurrency during an interview with the Economic Club of New York. Cryptocurrency Could Be the Next Evolution in Cash Blankfein appeared at the Economic […]

An inordinate number of Millennials are looking to line their pockets, or rather their investment portfolios, with cryptocurrencies, according to a recent study conducted by blockchain technology investment firm, Sustany Capital. Cryptocurrency as a Long-Term Investment The study, which surveyed 1,000 American adults, found that 88 percent of Millennials want to diversify their investment options […]

Earlier this year, Goldman Sachs confirmed plans to launch a Bitcoin futures trading desk to meet rising client demand. On Aug. 6, the leading investment bank announced that it is considering offering custodial services for cryptocurrency funds. Goldman Sachs Embraces New Asset Class Goldman Sachs is exploring a custody offering for cryptocurrency funds, reports Bloomberg. The custodial […]

In mid-June 2018 Bithumb was hacked for $31 million worth of cryptocurrency and subsequently halted all withdrawal and deposit services. On Aug. 4, however, Bithumb resumed the services for 10 specific cryptocurrencies. Recovery from Large-scale Hack South Korean cryptocurrency exchange Bithumb announced on Twitter that deposit and withdrawal services will resume at 11 a.m. KST on […]