Analysis

Swiss Federal Railways (SBB) has completed a proof-of-concept (PoC) of a blockchain-based credentials management system for workers employed at the company’s construction sites. The project ran from May to November, and aimed to improve upon the current manual, paper-based processes in an “agile working environment with a digital, audit-proof solution based on blockchain,” Daniele Pallecchi, the
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Bitcoin’s (BTC) stalled recovery rally could kick off again if prices manage to beat new resistance above $4,600. The leading cryptocurrency by market valuation picked up a bid after hitting 14-month lows near $4,000 on Wednesday, possibly due to record oversold conditions reported by the 14-day relative strength index (RSI). The corrective rally, however, seems
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Tobacconists in France are reportedly going to be selling bitcoin to the public from New Year. According to France-based radio station Europe 1, tobacco retailers will be offering bitcoin vouchers in denominations of 50, 100 or 250 euros (around $57, $114 or $285) from Jan. 1, 2019. Local crypto startup Keplerk is said to have signed
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Edan Yago is the founder of CementDAO, an effort to bring together stablecoins into a unified ecosystem. He previously was the CEO and co-founder of software firm Epiphyte and helped set up the industry associations DATA and the Stablecoin Foundation. The views expressed here are his own. —————————- The U.S. Securities and Exchange Commission (SEC) has been
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A new amended class action complaint has been filed against Coinbase, providing more detail on how insiders allegedly profited from the cryptocurrency exchange’s rollout of bitcoin cash last December. The document, filed Nov. 20 with the U.S. District Court for the Northern District of California, outlines why the plaintiffs believe Coinbase “made false and deceptive
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The Colorado Division of Securities has issued another batch of cease-and-desist orders against allegedly fraudulent initial coin offerings (ICOs). The watchdog announced on Tuesday that the U.S. state’s securities commissioner, Gerald Rome, has signed four new orders against Global Pay Net, Cred LLC (doing business as Credits), CrowdShare Mining and CyberSmart Coin Invest. The companies
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As Wall Street raises the stakes around cryptocurrency, large institutional players are circling this new asset class and bringing with them their own set of requirements. For example, there’s a need for qualified custodians to hold the assets these big-money investors will trade, as in the traditional, regulated financial realm. But a less-discussed yet critical
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The Bitfury Group, a crypto mining and software company, has recruited two veterans of the traditional financial world to guide its strategy and growth. Revealed exclusively to CoinDesk, Antoine Dresch, founder of tech investment fund Korelya Capital (which led an $80 million funding round for Bitfury) and former executive at several major investment banks, will join Bitfury’s board
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Bitcoin Cash “Satoshi’s Vision” – otherwise called Bitcoin SV – suffered a block reorganization Monday by which transactions on two different blocks were overwritten. Though it is possible these two blocks may have been maliciously overwritten by outside attackers, the most likely explanation for the temporary block reorg was due to an overload in transaction activity
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Advertisement Twitter Facebook LinkedIn Fundstrat co-founder Tom Lee stands by his reduced year-end bitcoin price target of $15,000, saying continued fallout from a market slump in tech stocks is putting pressure on cryptocurrencies. Lee’s new prediction is a dramatic drop from the bullish $25,000 price target he had set in early-2018, when the crypto market
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Crypto startup Paxos is partnering with payments firm BitPay to allow the latter’s merchants utilize the Paxos Standard stablecoin in settling transactions. Announced Tuesday, the move will give BitPay clients the ability to conduct transactions using a cryptocurrency while maintaining the “the trust and stability of the U.S. dollar,” according to press statements. BitPay’s overseas
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Intercontinental Exchange’s bitcoin futures trading platform is delaying its formal launch. Announced Tuesday via a company blog post, Bakkt’s first product, unveiled in August, has now been postponed to Jan. 24, 2019. Trading and warehouse operations are both expected to begin on that date. The platform explained that “the new listing timeframe will provide additional time for customer
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The U.K.’s Financial Conduct Authority (FCA) is considering a ban on some cryptocurrency-based derivatives, a senior executive has said. Speaking at an event in London covering the regulation of cryptocurrencies, Christopher Woolard, executive board member and director of strategy and competition at the FCA, said that the watchdog has concerns that retail investors are being
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The U.S. Department of Justice (DOJ) is increasingly focusing a months-long investigation into crypto market manipulation on the tether stablecoin, a report says. Citing individuals familiar with the probe, Bloomberg reported Tuesday that the DOJ is looking into whether crypto exchange Bitfinex and Tether Ltd. have pushed bitcoin’s price up using the stablecoin. Specific details
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