Monthly Archives: May 2018

Deloitte Veterans Are Launching a Tokenized Blockchain for Supply Chain

Former members of Deloitte’s blockchain team are joining a new startup that seeks to bring a tokenized blockchain protocol to one of the world’s most inefficient markets. Announced Monday, a startup called Citizens Reserve is coming out of stealth, revealing it has hired former Deloitte global blockchain leader Eric Piscini, as well as at least two other former members of the firm’s blockchain division, to its initial 32-person team. Not short on ambition, Citizens Reserve is seeking to launch a permissioned blockchain protocol called zerv that the […]

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Coinbase Remains the Most Successful and Important Company in the Crypto Industry

On its 6th birthday, Coinbase received high praise from Shapeshift’s Erik Voorhees. He Tweeted, “Coinbase remains the most successful and important company in the crypto industry.” Arguably, that is very much the case. The San Francisco-based cryptocurrency exchange with its barebone menu of offerings, combined with its easy user-interface and relatively smooth onboarding (almost no upfront deposit needed), provide an envious business model. That’s not to write the company is without faults, as it has many. It might not even be the future of retail crypto access, […]

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Today in Bitcoin (2018-05-14) – I ordered a blockchain but all I got was a database – Consensus 2018

Donate Bitcoin: 3NqhJSAikoFiYmZm3ACGzdw9Lr86ZiLT7K Join our new Patreon: https://www.patreon.com/wcn Listen to WCN Audio Podcasts: https://itunes.apple.com/us/podcast/world-crypto-network/id825708806?mt=2 Check out the brand new http://WorldCryptoNetwork.com/ Follow WCN on Twitter: https://twitter.com/WorldCryptoNet —- Marc Hochstein on Twitter: “#Consensus2018 is starting… ” #Consensus2018 is starting pic.twitter.com/EHABPhK8IS — Marc Hochstein (@MarcHochstein) May 14, 2018 CoinDesk on Twitter: “The price of bitcoin is on the move, popping above $8,700 according to CoinDesk’s BPI https://t.co/BQGRsuA511… ” The price of bitcoin is on the move, popping above $8,700 according to CoinDesk's BPI https://t.co/BQGRsuA511 pic.twitter.com/ujE7IK4iIf — CoinDesk (@coindesk) May 14, […]

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Ripple (XRP) and Mitsubishi: Ripple’s Solutions Tested and Loved by Many

The intention to find use of Ripple’s distributed ledger technology for showcasing international money transfer has been declared by Mitsubishi Corporation and Mitsubishi UFJ Financial Group. Utilizing the solutions that the blockchain based tech firm is offering has come as an idea keeping in mind that it will lower time and costs of transaction settlement – according to Mitsubishi Corporation. Also as an addition, for the remittance test – Standard Chartered UK will be present. “We aim for practical use within a few years,” the statement highlights. Accordingly, […]

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SEC Regulatory Approved ICO’s Secured by SharesPost

SharesPost – private exchanging platform for crypto-token and investment trading has been given the green light by SEC [The Securities and Exchange Commission]. The FINRA registered asset dealing firm from San Francisco has made public that its ATS – Alternative Trading System has grasped the regulatory approval for running Initial Coin Offering’s without scratching any law. The development could be a signal that regulators from the US could be getting ready for digital currencies. For the time being, laws regarding the verse are quite tight with many […]

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A Boost for Privacy in Cryptocurrency: Gemini Announces Support for Zcash

Zcash just became the first privacy coin to earn itself a fiat trading pair on a mainstream American exchange. On Monday, May 14, 2018, a Gemini blog post announced that the Winklevoss-run exchange would list Zcash after it received the go-ahead from the New York State Department of Financial Services (NYSDFS). Opening deposits for Zcash on May 19, 2018, at 9:30 a.m. EST, the exchange will officially commence trading for the asset at 9:30 a.m. EST on May 22, 2018. Zcash utilizes two addresses, shielded and unshielded, […]

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Samourai and goTenna Enable Bitcoin Transactions Without Internet Access

Samourai Wallet is collaborating with goTenna, a Brooklyn-based company specializing in off-grid communications, to produce txTenna, an Android app that combines mesh networking with Bitcoin transactions. The app will allow users to pair their phones with goTenna’s portable antennas in order to broadcast transactions. goTenna produces consumer-grade hardware to facilitate mesh networking — a concept that echoes much of the decentralization ethos that we see across the cryptocurrency domain — which operates by allowing peers to connect directly to one another for the purpose of routing packets, […]

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First Crypto Exchange Using Nasdaq’s Tech Announces Launch, Excluding US Customers

The first Nasdaq-powered crypto exchange is reportedly set to launch next month, Finance Magnates reports. The first cryptocurrency exchange to use US stock market giant Nasdaq’s technology revealed it plans to launch next month in an exclusive with Finance Magnates Monday, May 14. Nasdaq, the second largest stock exchange in world by market capitalization after the New York Stock Exchange (NYSE), is providing the technology to power the new centralized crypto exchange, DX, according to the project’s CEO Daniel Skowronski. Skowronski called the upcoming exchange a “one-stop-shop” […]

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Bitgo Launches Institutional Grade Custodial Services Suite

This weekend the leading cryptocurrency security platform, Bitgo, announced the launch of custodial storage solutions for institutional investors. The new custodial program aims to offer a multi-level suite for digital asset security in partnership with the firm Kingdom Trust. Also read: Markets Update: Cryptocurrencies Lose Steam During the Weekend Bitgo Offers a Secure Custodial Platform for Institutional Investors The Palo Alto-based firm Bitgo is now offering institutional investors custodial services due to a partnership with Kingdom Trust. The news follows the recent announcements from the Wall Street giant […]

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Litecoin (LTC), Two Other To Be Listed On Gemini

The Gemini exchange, a creation of Tyler and Cameron Winklevoss, has stated that it is supporting Litecoin (LTC), Zcash (ZEC), and Bitcoin Cash (BCH). The development is an aftermath of the approval given by the New York Department of Financial Services (NYDFS). Gemini, which have a large user base in 48 U.S states, Washington D.C., Puerto Rico, Canada, Hong Kong, Singapore, South Korea and the United Kingdom will first begin trading Zcash starting from May 22. In a letter sent to Forbes Magazine, which is marked “confidential”, […]

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