Two Major Russian Banks to Offer Crypto-Based Fund for Retail Investors
Major Russian banks Sberbank and Alfa-Bank reportedly testing new crypto-based investment fund to include Bitcoin, Ethereum and Litecoin Go to Source Powered by WPeMatico
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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing
As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. South Korea has also been discussing ways to boost crypto-related AML measures with the U.S. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
This Village Decided to Launch Japan’s First Municipal ICO
A village in Japan has announced its decision to launch an initial coin offering in order to secure funds for creating a sustainable region. This will be the first time in Japan for a municipality to use a token sale to raise funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Local Government Launching … Read more
Kosovo Is Quickly Turning Into a Major Cryptocurrency Mining Hub
Various European nations are showing increasing interest in cryptocurrency. This is especially apparent where altcoin mining is concerned. It is a pretty interesting trend, especially when considering that Kosovo is getting involved. It’s a positive turn of events for this plagued European country, although it remains to be seen how things will evolve. Kosovo and … Read more
Bitcoin Price Watch: Currency Continues to Stay Put
Bitcoin is not going anywhere anytime soon. After 72 hours, the currency is staying put at $6,500, and support remains strong at the present level. One source explains that the currency is “flirting” with a long-term support line, and that more exposed weaknesses could lead to a disastrous bear market that would take a very … Read more
Hodler’s Digest, June 11-17: A Regulatory Win for Ethereum and a Falling Market
This week in crypto, the SEC finally decided that Ethereum is not a security, Bitcoin’s price drop is revealed (allegedly) to be due to Bitcoin future contracts expiring, and more in the Hodler’s Digest Go to Source Powered by WPeMatico
The Reasonable Network
This article is my advice on how reasonable people can have a public discussion that is strong enough to avoid being derailed by trolls, no matter who they are. I believe the key is the conviction that if there were such a thing as a reasonable public discussion, everyone else would depend on the conclusions … Read more
Bitcoin and Ether Are Not Securities: SEC Director Sets the Record Straight
Bitcoin and Ether are not securities, the SEC’s director of corporate finance, William Hinman, stated on June 14. This is because these cryptos lack a central third party whose efforts are key in determining their success. Hinman went on to state that over time, there may be other sufficiently decentralized networks and systems which will … Read more
What Is Blockchain 3.0?
Most of us have heard of Web 3.0, whether we’ve come across a decent explanation of it or not. The first wave of the internet (Web 1.0) was basically a one-way flow of information. We could log on, read stuff, maybe send an email. But there was no real interaction, unlike Web 2.0, which is … Read more
Mining Consumes Half as Much Power as BECI Estimates – Coinshares
Embellished estimates as to the total electricity consumed through bitcoin mining have again made the rounds in the media recently, with many stories claiming that energy consumed by mining annually is comparable to that which is consumed by the entire nation of Ireland. Said stories appear to have been triggered by research published by Alex … Read more