News

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 Tokenization Benefits According to a filing published by the U.S. Patent and Trademark Office (USPTO), the San Francisco-based bank seeks to create a system that locates various data elements, such as […]

San Francisco-based Coinbase backpedaled on its Security and Exchange Commision (SEC) approval announcement after previously exciting a furor in cryptocurrency circles for claiming the contrary. Coinbase Backpedals Statements On July 17, 2018, CryptoSlate reported that cryptocurrency exchange behemoth Coinbase received approvals from the SEC and Financial Industry Regulatory Authority (FINRA) to acquire Keystone Capital Corp., […]

Famously touted as the “Crypto Valley,” the Swiss city of Zug is losing sheen in favor of other cities and jurisdictions as cryptocurrency startups reportedly face difficulties in administration and governances in the European country. Switzerland Faces Brain Drain As reported by Reuters on July 19, 2018, cryptocurrency projects based in Switzerland are feeling the […]

As a smart contract platform boasting a focus on user experience, Tron recently launched its mainnet and began migrating off the Ethereum blockchain. On July 19, TRON’s founder Justin Sun became one of the network’s 27 super representatives. CEO of TRON Foundation and TRON Block Producer On July 18, 2018, Sun took to Twitter and announced his […]

On July 17, 2018, eToro, the world's largest social investing platform, published a market research report on Cardano – the eighth largest cryptocurrency by market cap.

Popular payments provider Stripe made waves in 2015 after announcing the acceptance of Bitcoin for its merchant network. However, in April 2018, the company ceased Bitcoin operations providing no clear reasons at the time. Stripe COO Explains Move On July 18, 2018, Stripe COO Claire Jackson disclosed why the company’s short-lived relationship with the pioneer […]

Leading Bitcoin exchange BitMEX has recorded the largest volume candle in the history of cryptocurrency, with over $2 billion traded within four hours on July 17, 2018. The event was first marked in a tweet by Broccolex, a self-declared blockchain analyst: ⚠️@BitMEXdotcom painted the largest 4hr volume candle ever today ⚠️More than 2 billion dollars (2,000,000,000) […]

One of the most complex DApps to run on the Ethereum blockchain, Augur, is a decentralized prediction market enabling users to bet on almost anything. On July 18, 2018, Augur announced on Twitter that the first market on its platform confirmed $20K in payouts to users. World Cup Bets Pay Out $20K Three years after […]

With the impending legalization of cryptocurrency exchanges and businesses, South Korea continues to make way for blockchain development. A leader in the industry, South Korea is considering reducing taxes for blockchain startups to fuel ‘growth through innovation.’ Meeting on ‘Growth Through Innovation’ On July 13, 2018, the South Korean Ministry of Strategy and Finance met […]

The emergence of new regulations continues to fuel an influx of institutional capital in the cryptocurrency sector. In its H1 2018 report, Grayscale Investments revealed that the majority of cryptocurrency investments are coming from institutional investors. Rising Institutional Investor Interest Based in New York, Grayscale Investments is one of the largest digital currency investment firms […]