Top 4 Upcoming Cryptocurrency Projects Sans ICOs (Part 2)

While the ICO craze has had a number of industry-shaping benefits, this new approach to funding has also been exploited by snake oil salesmen and outright scammers. As such, it’s worthwhile to look into the emerging projects in the cryptocurrency space that have elected not to adopt the ICO model. Earlier this quarter, we explored … Read more

Mining Manufacturer Obelisk Announces ASIC-Friendly Launchpad

Obelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the rising threat of 51% attacks. Although initially devised with the company’s own ASIC miner in … Read more

Binance Invests in chiliZ, a Maltese eSports Platform

Binance has invested in Maltese eSports tokenization platform chiliZ, the startup announced on June 5. The platform allows sporting entities to tokenize and grant voting rights to their fans, essentially letting the fans actively participate in the decision-making processes of their favorite teams. Citing a common belief that the video gaming industry is one of … Read more

Coinbase Acquires Investment Firms to Offer Regulated Crypto Securities

Coinbase is seeking to become a fully licensed broker-dealer through its acquisition of three federally regulated firms. The company is confident that it will get the approvals necessary to start offering fully-regulated crypto securities. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase as Regulated Broker-Dealer One of the world’s largest cryptocurrency companies, Coinbase, … Read more

Renowned Economist Jim Chanos Tears into Bitcoin, Calling It a Libertarian Fantasy

James “Jim” Chanos believes that Bitcoin is nothing more than a “security speculation game masquerading as a technological breakthrough in monetary policy.” The Yale-educated economist shared his thoughts on financial fraud and why it’s on the rise, cryptocurrencies, and other matters with the Institute for New Economic Thinking, a New York-based think tank. Chanos believes … Read more

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