News

A new link in the blockchain gang has emerged as two companies just joined forces, and it’s out of this world. Lightyear has acquired Chain for a new venture–aptly called Interstellar–in a move that could make the company the world’s sixth largest blockchain. Interstellar Moves Forward The undisclosed deal, which according to Fortune landed at […]

The U.S. Commodity Futures Trading Commission (CFTC) will host its first-ever fintech conference, Oct. 3-4, at its headquarters in Washington D.C. Registration for the event is now open. FinTech Forward 2018 The CFTC’s LabCFTC and the Office of Customer Education and Outreach (OCEO) have teamed up to welcome innovators, regulators, market participants, thought-leaders and the […]

Right on the heels of the Winklevoss twins’ enterprise announcement that Gemini will be matching cryptocurrency and fiat finances dollar-for-dollar with its new stablecoin, New York-based Paxos joins the realm of federally regulated crypto assets. Introducing Paxos Standard With approval from the New York State Department of Financial Services, Paxos has been greenlit to launch its […]

Seattle-based Bittrex is expanding its reach as a blockchain powerhouse, unveiling plans to launch an affiliate company, called Bittrex International. The addition will aim to play a role as a cryptocurrency influencer to streamline blockchain adoption on a global scale. Bittrex Sets Up in Malta According to Bittrex CEO Bill Shihara, an endorsement is the […]

On Sept. 10, the Winklevoss twins and U.S.-based regulated crypto exchange Gemini released a stablecoin that could impact the market in a more profound way than a Bitcoin exchange-traded fund (ETF). The official announcement of Gemini co-founder and president Tyler Winklevoss read: “The Gemini dollar (ticker symbol: GUSD) combines the creditworthiness and price stability of […]

Nouriel Roubini, a Stern School professor and prominent economist, has criticized the major correction of Bitcoin and the rest of the crypto market, claiming that Bitcoin will drop to zero. Tales From Crypt-Apocalypse: Bitcoin has lost 70% from the peak; Ethereum 85%; other Top 10 crypto-currencies about 90%; the remaining crypto-zombie-currencies between 95% & 99% of […]

The U.S Securities and Exchange Commission halted two cryptocurrency-backed securities on Sunday following concerns of “market confusion” among participants. ETFs Remain a Gray Zone According to the SEC notice, XBT Provider’s Bitcoin and Ether exchange-traded notes (ETNs), Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) will be suspended of trading until Sept. 20, due to […]

As of today, the New York trust company and digital asset exchange Gemini has set into action what no other issuer has accomplished. The first stable and regulated digital representation of the U.S. dollar can now be converted and withdrawn instantly as a stablecoin. NYDFS to Oversee Gemini Accounts It took four years for founders Cameron […]

After successfully trialing blockchain-based payments for wholesale interbank settlement, South Africa’s central bank has scooped up the award for Best Distributed Ledger Initiative at Central Banking’s “FinTech RegTech Global Awards 2018.” Central Banking, a global research and intelligence watchdog for the world’s reserve banks, lauded and awarded the South Africa Reserve Bank (SARB) for “Project […]

My career began in the ’80s while the internet was emerging as something beyond a playground for researchers and university students. It was a time of fierce competition and early open source initiatives, where each set of projects wanted to be unique and create custom solutions for common problems. Along came the web, which ushered […]