The Daily: Binance Tests Fiat Exchange, Russians Mull Crypto Platforms

by

Binance, the leading cryptocurrency exchange, has announced it will start testing a fiat currency trading platform in Singapore and we’ve got the story in Sunday’s edition of The Daily. Also, two islands in Russia are competing to host the country’s first regulated exchange, and the ECB says Europe doesn’t need a central bank issued crypto. … Read more

Exchanges Round-Up: Aus Regulators Doubt Coinjar Volume, Paysend Partners With Bitstamp

by

In recent news pertaining to cryptocurrency exchanges, Australia’s financial regulators have expressed skepticism regarding Coinjar’s purported trade volume, Paysend has partnered with Bitstamp to facilitate cryptocurrency purchases through its Global Account, and Seed Cx has announced a $15 million USD Series B funding round. Also Read: A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and … Read more

Wyoming’s Crypto Cowboys: First State Hackathon Lures 27 Teams

by

Over nearly three days on the University of Wyoming campus in Laramie, more than two dozen hacker teams competed for cash and prizes in the state’s first ever Wyohackathon: Breakin’ Through. Organized by the Wyoming Blockchain Coalition, the event included speakers from industry luminaries, and all three of the state’s gubernatorial candidates made an appearance. … Read more

$150B Money Laundering Probe of Danske Bank Implicates Citigroup and Deutsche Bank

by

U.S. law enforcement agencies have started their money laundering investigations of Danske Bank, Denmark’s largest bank, according to the Wall Street Journal. Citigroup and Deutsche Bank have been implicated. Danske Bank is also currently under investigation by Denmark and Estonia and its CEO reportedly ignored warnings of suspicious transactions. Also read: 160 Crypto Exchanges Seek to … Read more

Gemini Dollar Code Review Reveals the Stablecoin’s Accounts Can Be Frozen

by

This week a blockchain researcher named Alex Lebed published a code review on the new stablecoin, the gemini dollar, created by the Gemini Trust cryptocurrency firm. According to Lebed’s study, gemini dollar accounts can be frozen by the exchange, and the tokens can be turned into non-transferable assets. Also read: Markets Update: Short Term Recovery – Is … Read more

The Potential of the Cryptocurrency Market – Why Giving into FOMO Isn’t a Bad Idea

by

In less than a month, Bitcoin will turn ten years old. Bitcoin, along with the cryptocurrency market has surpassed several milestones since Satoshi first released Bitcoin’s whitepaper to the public. There are now approximately 17 million bitcoins in circulation, as well as numerous other tokens available to trade and transact with – as of August … Read more

What Are Dapp Scaling Frameworks, and How Will They Affect Blockchain Technology in the Near Future?

by

Decentralized apps, or dApps, operating on the blockchain face a singular problem: scalability. Take a look at Bitcoin 10 transactions per second (TPS) limit, compared to Visa’s 24,000 TPS. While a handful of high-quality projects and companies have partly surmounted this challenge with sidechaining and sharding, nonscalability has inhibited the progress of many otherwise promising … Read more

Alternative Crypto Bills Presented in Ukraine and Russia

by

Draft laws employing alternative approaches to regulating digital currencies have been introduced in Ukraine and Russia. In Kiev, a bill that classifies cryptocurrency as an asset, unit of exchange and store of value has been filed in the Rada and it’s supported by both deputies and representatives of the industry. In Moscow, the managers of … Read more