News

West Indian fintech startup Bitt has entered a Memorandum of Understanding (MoU) with Sint Maarten and the Central Bank of Curaçao (CBCS) to explore the possibilities and advantages of introducing a state-backed digital currency. Micro-Revolution Underway As indicated in an official press release, dated Aug. 12, the MoU will be primarily used to facilitate the transfer […]

Spearheading development to establish Jeju Island as a blockchain and cryptocurrency hub, Governor Won Hee-ryong issued a formal request to the Korean government, Aug. 14, to designate the island as a special economic zone for the burgeoning digital asset sector. ICO Regulations Pitched to Government According to Korea Joongang Daily, Hee-ryong held a meeting with high-ranking […]

One of the world’s largest cryptocurrency exchanges, Binance, has unveiled a new educational platform that will provide free resources for the burgeoning cryptocurrency and blockchain industries. A Hub for All Things Crypto? Binance has revealed a new educational initiative and open-access platform, called Binance Academy, with the goal of fostering a wider understanding of blockchain […]

In yet another effort to supplement a thorough understanding and adoption of distributed ledger system, the Communist Party of China (CPC) released a “primer” on blockchain technology on Aug. 13, 2018. Blockchain Education for Officials As noted in the press release, the CPC-funded book contains relevant information on blockchain technology – including the origins of […]

Block.one, the company behind EOS, announced the highly-anticipated location for part four of its first-of-a-kind global blockchain hackathon. We're going to San Francisco! Developers, designers and entrepreneurs – are you ready to join us Stateside on Nov 10-11 for part four of our first-of-its-kind blockchain hackathon series? Sign up here for the first-ever #EOSHackathon event […]

David Marcus has stepped down from the Coinbase board, citing a conflict of interest. Facebook goes on record that it will not partner with Stellar, according to Cheddar. In a statement to the news outlet, a Facebook spokesperson said: “We are not engaged in any discussions with Stellar, and we are not considering building on […]

Undaunted by the SEC’s second Bitcoin ETF proposal rejection, Tyler and Cameron Winklevoss appear to be charging full steam ahead with their cryptocurrency exchange and custodian, Gemini. For the twin brothers, the commission’s green light may have granted Gemini the largest rush of institutional capital seen in this industry. Now, with Gemini ranked 24th largest exchange […]

State officials in Saudi Arabia reissue warnings against trading and investing in cryptocurrencies. The official committee will also have the remit of notifying relevant agencies of any activity to reduce marketing exposure. No Trading. No Investing. In Saudi Arabia, following a series of websites and social media accounts promoting cryptocurrencies such as Bitcoin and Ethereum, […]

Europe-based KamaGames will launch its own token to allow its more than 100 million players a new, easier alternative to purchasing in-game chips. Trading in Ethereum for Chips KamaGames, a European operator of social casino games, is set to make purchasing in-game currency simpler than ever as it prepares to launch its own blockchain token, […]

Following news of a delayed Bitcoin ETF decision, the overall cryptocurrency market began to fall from its recent recovery. Bitcoin and Ethereum prices are plummeting as selloffs increase this week. At press time, 97 of 100 top cryptocurrencies are in the red.