Syscoin: Chain “Fully Operational as per Design” After “Irregular” Trade Activity On July 3, 2018, Binance suspended all trading and withdrawal services due to “irregular” Syscoin (SYS) trades carried out “from a number of API users.” The exchange has since resumed all activities, according to…… Read More
Blockchain Hype Overstates Reality, Says Steve Wozniak Technologist and Apple Inc. co-founder Steve Wozniak played contrarian at the NEX technology conference in late June, comparing the hype around blockchain to the fervor he witnessed just before the implosion of t…… Read More
U.K. Banks Warned to Be Careful With Cryptocurrencies The Bank of England has warned U.K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Go…… Read More
Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars Tether Ltd., which issues a stable coin allegedly tied to U.S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank depos…… Read More
Blockchain-Based Community Currencies to Be Launched in Kenya Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer…… Read More
A16z Leads Investors in $20 Million ICO for Tokenized Assets Platform TrustToken, which aims to put tokenized assets on a blockchain, raised $20 million in a strategic token sale with help from Andreessen Horowitz.… Read More
Jeff Garzik on His Newest Venture and Keeping Time With an Evolving Space Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conf…… Read More
Vote Threshold Is Met: EOS Can Finally Launch Its Platform According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live.After EOS failed to launch its platform on its projected launch date of June 2, a live-stream v…… Read More
Clearing Up Misconceptions: This Is How Tether Should (and Does) Work There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U.S. dollar. According to Tether, each Tether token is backed by one U.S. dollar, held in the full reserve of …… Read More
Coinbase Takes Another Step Toward Trading ICO Tokens by Acquiring Paradex Cryptocurrency exchange Coinbase has taken another step toward trading ERC20 tokens by acquiring decentralized relayer Paradex. ERC20 is the Ethereum technical standard that the majority of initial coin offering …… Read More