The Wyoming House of Representatives Takes Out Utility Tokens from the Purview of Security Regulations

The Wyoming House of representatives has given the nod to exempt Utility Tokens from purview of security regulations. The House Bill 70 is now pending for the approval of the Senate. If the bill is approved by the state governor, it will come into effect from July 1, 2018. The utility token sellers and developers […]

Japanese Cryptocurrency Exchange Coincheck Inc Under Immense Pressure To Safeguard Investors

Coincheck Inc, which happens to be a Japanese cryptocurrency exchange sometime back, reported the theft of about $530 million of digital money. It was last Tuesday when it proceeded to file a report with the regulators in line with the hacking that just occurred. Pressure is at the moment emanating from all sides on the […]

The Fan ICO Controversy Ensnares The Chinese Boy Band

It was sometime back when the self-proclaimed fans of the widely renowned Chinese boy band went ahead to build an initial coin offering (ICO).It was focused around their idols but the issue that has become the subject of talk among quite a significant number of people is the controversy that just popped up in line […]

CME Reveals That It Is Considering Modifying Blockchain’s Rules

New patent filings indicate that the CME Group may be undertaking the exploration of the various ways in which different developers could proceed and modify the blockchain’s rules without having to bother about the consensus from the various network’s nodes. A person familiar with the matter opined, “It’s a key need for such systems and […]

Cryptocurrency Regulations To Be Out Soon: SEBI

Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi announced recently that a policy on the cryptocurrency should be released first before the rule of SEBI is outlined. As the bitcoin prices continue being volatile and the investors’ safety becomes a major concern, regulation on the digital currencies in India is put on hold […]

CFTC And SEC Speak Our Regarding Virtual Currencies During A Senate Hearing

CFTC and SEC have moved ahead to have expressed their respective standpoints in line with the senate hearing on virtual currencies. CFTC Chairman J. Christopher Giancarlo and SEC Chairman Jay Clayton are said to have forwarded their testimonies via writing. Anyone that has the opportunity to go through the testimonies will attest to the fact […]

Ethereum (ETH) Worth $2 Million Stolen Ahead Of Seele ICO

Reports indicate that investors who were planning to put their money in the Seele ICO have had their Ethereum (ETH) virtual currencies worth more than $2 million stolen by people who are thought to have administrator privileges or at least people who were impersonating administrators. According to reports two accounts which had administrator privileges in […]

Hyperledger Blockchain Consortium Releases Version 1.0 Of Sawtooth Software

The market has a new technology Hyperledger Sawtooth 1.0, from the Linux Foundation. The open-source blockchain is said to be officially ready for enterprise use and that it is the latest open source digital ledger project. It is the second to go live after Fabric 1.0 in July 2017 and will be used particularly for […]

Credit Agricole SA Announces Feasibility Checks of Ripple to Expedite Payments

Credit Agricole SA has initiated testing of Ripple to expedite payments and extend a better service to its esteemed clients. The company staged a decision to show the importance of Ripple that offers a solution after having established alliances with MercuryFX and IDT Corporation (NYSE:IDT) in becoming to financial institutions, banks and other firms engaged […]

Blockchain-Based Ad Exchange AdEx Joins IAB’s Tech Lab

AdEx, a decentralized advertising network has joined IAB’s TechLab as one of the leading contributors to the Blockchain Working Group.The IAB Tech Lab is an independent nonprofit international research and development organization which was started in 2014 in the USA. Its main aim is to create and establish a world technical standards in the industry several working groups which […]

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