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

Bitcoin in Brief: Halting 51% Attacks and Where Now for Ripple?

The last 24 hours have been action-packed for the cryptocurrency markets, with digital assets rising off the SEC’s pronouncement that ethereum is not a security. But while most hodlers were toasting the agency’s announcement, one top five coin that failed to respond favorably was ripple. In today’s Bitcoin in Brief we consider where the SEC’s … Read more

Coinbase Remains a Kingmaker for Cryptos

Coinbase recently announced that it would be adding support for Ethereum Classic (ETC), a hard fork of Ethereum. The announcement caught the crypto community by surprise, as the exchange had repeatedly made it clear that it would not be adding any digital assets in the near future. However, the reaction was swift from the crypto … Read more

Four Cryptocurrency Projects That Hit Deadlines

There is a belief in startup culture that pushing back or missing a deadline is not the worst thing that can happen. With new technology and unexplored territory, it’s understandable that obstacles arise and sometimes objectives are heftier undertakings than imagined. In the world of cryptocurrency, this phenomenon is perhaps exacerbated. However, not every project … Read more

Crypto Exchange Approved for Regulatory Sandbox License in Bahrain

A Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The license was granted by the Central Bank of Bahrain and will take effect this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Exchange Received Sandbox … Read more

Ripple CEO: Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency

Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. Also read: Crypto and Virtual Reality Meet in Ken Liu’s Science … Read more

Korean Firm Keypair Launches Credit Card-Shaped NFC Hardware Wallet

A new hardware wallet has been launched by the South Korean financial tech firm Keypair. The company’s Keywallet Touch has an interesting design as it’s shaped like a credit card and utilizes NFC technology. The company says the device’s smart card chipset supports cryptocurrencies like bitcoin cash, ethereum, bitcoin core and litecoin, while also providing … Read more