News

US SEC Commissioner Heston Peirce — one of the four SEC commissioners currently considering the future of a potential Bitcoin ETF — publicly announced that there is “no reason” why the regulatory body would not allow the product to be approved Peirce, who recently published an official statement of dissent regarding the recent SEC rejection […]

Leading cryptocurrency brokerage Coinbase announced the launch of GBP trading for UK-based customers, leveraging the platform’s freshly-minted e-money license issued by the UK Financial Conduct Authority. Having recently become the first cryptocurrency trading platform to obtain a bank account with a major UK-based bank, Coinbase now offers Coinbase Pro, and Coinbase Prime customers can make […]

A possible ICO scam is under investigation in South Korea after a much-publicized shipwreck attracted the suspicions of local authorities. Sunken Treasures As reported by local outlet Korea Joongang Daily on August 1, 2018, Seoul-based Shinil Group is facing the heat as a critical figure in the scam. Earlier in July 2018, Shinil allegedly promised […]

In a report to President Trump entitled “A Financial System That Creates Economic Opportunities Nonbank Financials, Fintech, and Innovation”, the US Treasury described blockchain and distributed ledger technology as “promising innovations”. Its recommendation regarding cryptocurrency, however, is less clear. The report examines existing and emerging trends in the current monetary system and makes more than 80 […]

With the first half of 2018 coming to a close, leading global audit firm KPMG is reviewing the impact of blockchain on the maturing fintech market. On July 31, KPMG published its global report on fintech investment trends for H1 2018. KPMG: “The Pulse of Fintech 2018” In its 2018 Pulse of Fintech report, KPMG recognizes […]

Emerging cryptocurrency regulations are putting greater scrutiny on exchanges and companies worldwide. Starting August 1, 2018, Korean cryptocurrency exchange Bithumb will no longer issue new virtual accounts due to the failure to renew a banking contract. South Korea Cracks Down on KYC and AML Bithumb has suspended new bank-linked virtual accounts after failing to establish […]

Over the past few decades, video game popularity has soared along with its media attention – particularly the topic of whether violent video games lead to increased violence in the real world. Most research, however, concludes no direct, definitive link between them. Although, there may be another link less explored: are video games – specifically, “indie […]

As the industry matures, an influx of institutional investors continues to pour into the cryptocurrency market. Announced July 31, investment banking giant Morgan Stanley hired a former Credit Suisse VP to head its digital assets division. Morgan Stanley Eyes Developing Digital Economy Morgan Stanley is hiring Credit Suisse’s VP of Sales and Innovative Trading Andrew Peel […]

The Coinbase-backed venture, Fuel Games, recently launched the presale of Gods Unchained, the world’s first blockchain-based eSports game. The competitive trading card game hopes to break into the lucrative eSports industry and possibly kickstart a whole new generation of blockchain-based gaming. With the eSports industry projected to be worth around $1.4 billion by 2020, and […]

On July 30, 2018, the IOHK Foundation announced the launch of the second Cardano testnet, the IELE virtual machine (VM) smart contract update. Cardano “IELE” As published on their official website, developers can now experiment with smart contracts technology based on the Cardano blockchain and test it for bugs and other nuances which can be […]