#mining Instagram Photos & Videos

mining - 1.1m posts

Latest #mining Posts

  • Coinbase Custody, the custodial tool of U.S. crypto exchange Coinbase, has completed its first OTC trade from cold storage
#Coinbase Custody, the custodial tool of United States-based #crypto #exchange Coinbase, has completed its first over-the-counter (OTC) trade from cold storage, according to a blog post published on March 13.The post reveals that Coinbase Custody is now directly integrated with Coinbase’s OTC desk, which enables customers to use the OTC desk to price and confirm trades prior to moving funds.The product purportedly provides easy and immediate liquidity on users’ offline funds, meaning that it now takes less time for Custody users to get access to their funds and avoid the waiting period to access them.In February, co-founder and #CEO of Coinbase Brian Armstrong outlined what he believes to be four common misconceptions about #crypto custody solutions. Armstrong’s arguments tackled the perception that hot storage is always necessary to provide the flexibility and speed required to execute trades.Armstrong noted that participating in a Proof-of-Stake (#PoS) network and earning returns on staked coins does not necessarily imply the latter need to be stored in a hot wallet. He also disentangled the relationship between single-key #holders and whether storage is hot or cold, and mentioned hardware security modules, arguing that they can come close to the security of cold storage.Coinbase launched OTC #trading last November. At the time, Christine Sandler, head of sales at #Coinbase, pointed out an increased demand for OTC #crypto #trading from institutional players. Sandler said the availability of both #exchange and OTC #business was a “huge benefit” to their customers.Sandler then revealed that the #OTC service was likely to be combined with Coinbase Custody at a later date.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Coinbase Custody, the custodial tool of U.S. crypto exchange Coinbase, has completed its first OTC trade from cold storage
    #Coinbase Custody, the custodial tool of United States-based #crypto #exchange Coinbase, has completed its first over-the-counter (OTC) trade from cold storage, according to a blog post published on March 13.The post reveals that Coinbase Custody is now directly integrated with Coinbase’s OTC desk, which enables customers to use the OTC desk to price and confirm trades prior to moving funds.The product purportedly provides easy and immediate liquidity on users’ offline funds, meaning that it now takes less time for Custody users to get access to their funds and avoid the waiting period to access them.In February, co-founder and #CEO of Coinbase Brian Armstrong outlined what he believes to be four common misconceptions about #crypto custody solutions. Armstrong’s arguments tackled the perception that hot storage is always necessary to provide the flexibility and speed required to execute trades.Armstrong noted that participating in a Proof-of-Stake ( #PoS) network and earning returns on staked coins does not necessarily imply the latter need to be stored in a hot wallet. He also disentangled the relationship between single-key #holders and whether storage is hot or cold, and mentioned hardware security modules, arguing that they can come close to the security of cold storage.Coinbase launched OTC #trading last November. At the time, Christine Sandler, head of sales at #Coinbase, pointed out an increased demand for OTC #crypto #trading from institutional players. Sandler said the availability of both #exchange and OTC #business was a “huge benefit” to their customers.Sandler then revealed that the #OTC service was likely to be combined with Coinbase Custody at a later date. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  1  1  34 seconds ago

Advertisements

  • U.S. Vonage subsidiary has been awarded a patent for using Blockchain technology to secure communications and recordings
A telecoms firm owned by American cloud communications #company Vonage has been awarded a patent for using #blockchain #technology to secure communications and recordings. The patent was published by the United States Patent and Trademark Office on March 12.NewVoiceMedia, Ltd. — a cloud service company based in Basingstoke, England — has been granted a patent for “system and methods for tamper proof interaction recording and timestamping.”Specifically, the development represents a system for securely recording voice communications, such as phone calls, using a distributed #blockchain network. The system is purportedly designed to streamline secure file creation, storage and access through authentication and authorization for users.The patent filing reveals that a database could be a physical or logical storage means, while an authentication server may verify the validity of a voice #communication. The system also considers the application of software or hardware components to access recorded data. The filing further explains:“[...] signatures and timestamps may be published to a public block chain [sic] such as that used for Bitcoin #cryptocurrency #transactions, or a block chain specifically configured for use in signature and timestamp publication. [...] a block chain may be used to publish signatures and timestamps to a public medium, and the use of distributed database nodes inherent in a block chain protects data against tampering, #falsification, or loss due to individual nodes going offline.”#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • U.S. Vonage subsidiary has been awarded a patent for using Blockchain technology to secure communications and recordings
    A telecoms firm owned by American cloud communications #company Vonage has been awarded a patent for using #blockchain #technology to secure communications and recordings. The patent was published by the United States Patent and Trademark Office on March 12.NewVoiceMedia, Ltd. — a cloud service company based in Basingstoke, England — has been granted a patent for “system and methods for tamper proof interaction recording and timestamping.”Specifically, the development represents a system for securely recording voice communications, such as phone calls, using a distributed #blockchain network. The system is purportedly designed to streamline secure file creation, storage and access through authentication and authorization for users.The patent filing reveals that a database could be a physical or logical storage means, while an authentication server may verify the validity of a voice #communication. The system also considers the application of software or hardware components to access recorded data. The filing further explains:“[...] signatures and timestamps may be published to a public block chain [sic] such as that used for Bitcoin #cryptocurrency #transactions, or a block chain specifically configured for use in signature and timestamp publication. [...] a block chain may be used to publish signatures and timestamps to a public medium, and the use of distributed database nodes inherent in a block chain protects data against tampering, #falsification, or loss due to individual nodes going offline.” #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  3  1  2 minutes ago

Advertisements

  • U.S. crypto startup Bcause LLC will use Nasdaq's trading, clearing and market surveillance technology
United States-based crypto startup Bcause #LLC will use Nasdaq's #trading, clearing and market surveillance #technology, Nasdaq announced in a press release today, March 13.According to the announcement, Bcause will use the tech for its spot #cryptocurrency market, set to launch via Nasdaq’s Financial Framework platform in the first half of 2019.According to #Nasdaq, the tech will let the #company monitor its markets for manipulative activities and other types of suspicious conduct, therefore creating a more secure spot and derivatives market.Fred Grede, #CEO of Bcause, expects that the new crypto spot market will attract a broad range of users, including both experienced #financial #investors and #crypto enthusiasts, who may be new to #traditional #markets.Paul McKeown, senior vice president and Head of Marketplace Operators & New Markets at Nasdaq, further added:"By leveraging the Nasdaq #Financial Framework, Bcause will have the scalability and modular functionality to introduce new micro-services and expand its #business offerings to meet industry demands and the evolution of the digital assets economy."The startup has reportedly applied for a license from the U.S. Commodity Futures Trading Commission (#CFTC), aiming to become a designated contract #market and to establish a derivatives clearing organization later.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • U.S. crypto startup Bcause LLC will use Nasdaq's trading, clearing and market surveillance technology
    United States-based crypto startup Bcause #LLC will use Nasdaq's #trading, clearing and market surveillance #technology, Nasdaq announced in a press release today, March 13.According to the announcement, Bcause will use the tech for its spot #cryptocurrency market, set to launch via Nasdaq’s Financial Framework platform in the first half of 2019.According to #Nasdaq, the tech will let the #company monitor its markets for manipulative activities and other types of suspicious conduct, therefore creating a more secure spot and derivatives market.Fred Grede, #CEO of Bcause, expects that the new crypto spot market will attract a broad range of users, including both experienced #financial #investors and #crypto enthusiasts, who may be new to #traditional #markets.Paul McKeown, senior vice president and Head of Marketplace Operators & New Markets at Nasdaq, further added:"By leveraging the Nasdaq #Financial Framework, Bcause will have the scalability and modular functionality to introduce new micro-services and expand its #business offerings to meet industry demands and the evolution of the digital assets economy."The startup has reportedly applied for a license from the U.S. Commodity Futures Trading Commission ( #CFTC), aiming to become a designated contract #market and to establish a derivatives clearing organization later. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  3  1  7 minutes ago
  • Crypto futures exchange Coinflex has attracted two more high-profile crypto investors, Digital Currency Group and Polychain Capital
Physically delivered #crypto futures exchange Coinflex has attracted two more high-profile crypto investors, Digital Currency Group and Polychain Capital, the exchange tweeted on March 12.The new investors have joined #Coinflex’s investor consortium, which includes major #market making and venture capital names such as Dragonfly Capital Partners, Trading Technologies and Roger Ver.In the same announcement, #Coinflex introduced its FLEX Coin, which is designed to encourage liquidity and reward early traders on the #platform. Traders will be paid a certain amount of #FLEX based on the proportion of the volume they trade, relative to the total daily volume on the platform, the press release notes.Coinflex CEO Mark Lamb stated in the press release that with the support of high profile #investors, the company is “moving closer to our goal of helping crypto futures trading achieve its full potential.”Claiming to be the world’s first physically-delivered crypto futures market, Coinflex is also planning to launch what it calls the world’s first #stablecoin-to-stablecoin futures contract, the press release says.Olaf Carson-Wee, #CEO of Polychain, was quoted in the press release as saying that Coinflex, as an exchange for physically settled futures, “will be well positioned to capture significant order flow from speculators, institutional traders and Proof of Work miners seeking to hedge against #crypto price volatility and hash rate volatility.” Coinflex is the result of a reorganization of United Kingdom crypto #exchange Coinfloor’s unit, Coinfloorex.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Crypto futures exchange Coinflex has attracted two more high-profile crypto investors, Digital Currency Group and Polychain Capital
    Physically delivered #crypto futures exchange Coinflex has attracted two more high-profile crypto investors, Digital Currency Group and Polychain Capital, the exchange tweeted on March 12.The new investors have joined #Coinflex’s investor consortium, which includes major #market making and venture capital names such as Dragonfly Capital Partners, Trading Technologies and Roger Ver.In the same announcement, #Coinflex introduced its FLEX Coin, which is designed to encourage liquidity and reward early traders on the #platform. Traders will be paid a certain amount of #FLEX based on the proportion of the volume they trade, relative to the total daily volume on the platform, the press release notes.Coinflex CEO Mark Lamb stated in the press release that with the support of high profile #investors, the company is “moving closer to our goal of helping crypto futures trading achieve its full potential.”Claiming to be the world’s first physically-delivered crypto futures market, Coinflex is also planning to launch what it calls the world’s first #stablecoin-to-stablecoin futures contract, the press release says.Olaf Carson-Wee, #CEO of Polychain, was quoted in the press release as saying that Coinflex, as an exchange for physically settled futures, “will be well positioned to capture significant order flow from speculators, institutional traders and Proof of Work miners seeking to hedge against #crypto price volatility and hash rate volatility.” Coinflex is the result of a reorganization of United Kingdom crypto #exchange Coinfloor’s unit, Coinfloorex. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  5  0  8 minutes ago

Advertisements

  • ETH cash prize for top ranker in blockchain training and battle game "HyperDragons"
.
ブロックチェーン育成・バトルゲーム「HyperDragons」上位ランカーにはETH賞金
.
.
To read the full article go to our website:bittimes.net
(この記事の全文はプロフィールの URL からご覧ください)
  • ETH cash prize for top ranker in blockchain training and battle game "HyperDragons"
    .
    ブロックチェーン育成・バトルゲーム「HyperDragons」上位ランカーにはETH賞金
    .
    .
    To read the full article go to our website:bittimes.net
    (この記事の全文はプロフィールの URL からご覧ください)
  •  5  2  10 minutes ago
  • Crypto exchange and wallet service Coinbase has introduced a service to link users’ accounts on its main platform to its Coinbase Wallet app
Cryptocurrency #exchange and wallet service Coinbase has introduced a #service to link users’ accounts on its main platform to its #Coinbase Wallet app, according to an announcement on March 12.According to the company, Coinbase #Wallet is slightly different from the main app, referred to as #Coinbase.com. With the latter, a customer’s #company promises to allow customers to send crypto back to their main account from the wallet.In February, Coinbase Wallet added support for Bitcoin (#BTC) and Bitcoin Cash (#BCH).Lately, #Coinbase has been in the middle of a scandal following its acquisition of blockchain intelligence startup Neutrino for $13.5 #million. Previously, Neutrino was allegedly affiliated with Hacking Team, which purportedly sold surveillance capabilities to governments and law enforcement agencies.As the the #crypto #community launched a hashtag #DeleteCoinbase, urging users to cut ties with the exchange over the acquisition, the company moved to fire Neutrino staff with prior connections to Hacking Team.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Crypto exchange and wallet service Coinbase has introduced a service to link users’ accounts on its main platform to its Coinbase Wallet app
    Cryptocurrency #exchange and wallet service Coinbase has introduced a #service to link users’ accounts on its main platform to its #Coinbase Wallet app, according to an announcement on March 12.According to the company, Coinbase #Wallet is slightly different from the main app, referred to as #Coinbase.com. With the latter, a customer’s #company promises to allow customers to send crypto back to their main account from the wallet.In February, Coinbase Wallet added support for Bitcoin ( #BTC) and Bitcoin Cash ( #BCH).Lately, #Coinbase has been in the middle of a scandal following its acquisition of blockchain intelligence startup Neutrino for $13.5 #million. Previously, Neutrino was allegedly affiliated with Hacking Team, which purportedly sold surveillance capabilities to governments and law enforcement agencies.As the the #crypto #community launched a hashtag #DeleteCoinbase, urging users to cut ties with the exchange over the acquisition, the company moved to fire Neutrino staff with prior connections to Hacking Team. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  6  0  11 minutes ago
  • Russia’s parliament, the State Duma, has voted to enact new digital rights legislation in October this year
Russia’s parliament, the State Duma, has voted to enact new digital rights legislation in October this year, according to a press release on the Duma’s official website on March 12.The changes to Russia’s civil codex passed their third and final Duma reading on Tuesday. The law reportedly establishes the concept of “digital rights” in Russian legislation with the addition of a new article, 141.1, of the Civil Code of the Russian Federation.The law determines how digital rights can be exercised and transferred, as well establishes rules for digital #transactions, including contracts.The press release quotes the Chairman of the State Duma, Vyacheslav Volodin, as stating that the digital rights law “forms the basis for the development of the digital #economy. This is a new area for our rights, thus it is important for us to consolidate the basic concepts.”Commenting on how the legal landscape will look in Russia after October, Aleksandr Zhuravlev, a senior partner at a Moscow-based legal firm, told Russian-language #crypto news outlet Forklog that while imperfections remained, the country’s approach was notably better than some others.“Of course the current project has flaws [...] that could lead to ambiguity in some areas: determining the legal nature of #cryptocurrencies and #mining, as well as several other aspects (digital #financial asset inheritance etc.),” he told Forklog, adding:“However, it’s worth noting that Russia has not gone down the route of China or India, which have selected a prohibitive approach to digital assets.”The decision follows a lengthy debate over how to treat digital #currencies as they pertain to civil property rights, with legislative proceedings in the form of a draft bill on #crypto — titled “On Digital Financial Assets” — seeing multiple delays and missed deadlines.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Russia’s parliament, the State Duma, has voted to enact new digital rights legislation in October this year
    Russia’s parliament, the State Duma, has voted to enact new digital rights legislation in October this year, according to a press release on the Duma’s official website on March 12.The changes to Russia’s civil codex passed their third and final Duma reading on Tuesday. The law reportedly establishes the concept of “digital rights” in Russian legislation with the addition of a new article, 141.1, of the Civil Code of the Russian Federation.The law determines how digital rights can be exercised and transferred, as well establishes rules for digital #transactions, including contracts.The press release quotes the Chairman of the State Duma, Vyacheslav Volodin, as stating that the digital rights law “forms the basis for the development of the digital #economy. This is a new area for our rights, thus it is important for us to consolidate the basic concepts.”Commenting on how the legal landscape will look in Russia after October, Aleksandr Zhuravlev, a senior partner at a Moscow-based legal firm, told Russian-language #crypto news outlet Forklog that while imperfections remained, the country’s approach was notably better than some others.“Of course the current project has flaws [...] that could lead to ambiguity in some areas: determining the legal nature of #cryptocurrencies and #mining, as well as several other aspects (digital #financial asset inheritance etc.),” he told Forklog, adding:“However, it’s worth noting that Russia has not gone down the route of China or India, which have selected a prohibitive approach to digital assets.”The decision follows a lengthy debate over how to treat digital #currencies as they pertain to civil property rights, with legislative proceedings in the form of a draft bill on #crypto — titled “On Digital Financial Assets” — seeing multiple delays and missed deadlines. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  3  0  13 minutes ago
  • Crypto exchange Bittrex is hosting its first token sale on Bittrex International, its Malta-based digital asset trading platform
Crypto #exchange #Bittrex is hosting its first token sale — dubbed an Initial Exchange Offering (#IEO) — on Bittrex International, its Malta-based digital asset trading platform. The news was announced in an official press release published on March 11.Bittrex International, which operates within an #EU and Maltese crypto regulatory framework, will officially start the IEO on Friday, March 15, the press release announces. Bittrex users will be able to use Bitcoin (#BTC) to purchase “XRD” tokens, developed by international gaming data blockchain project Raid.According to the press release, Raid is a project that rewards gamers for sharing data,as part of a tokenized ecosystem that aims to enhance marketing and business growth and foster other improvements for gaming companies.Bittrex #CEO and co-founder Bill Shihara has said that IEOs on the platform will allow international token investors to back new blockchain projects “with the peace of mind that comes from Bittrex International regulated in Malta.”Bittrex has outlined the details of the IEO, which will end when a hard cap of 17 billion #XRD (~$6 million) is reached.Bittrex is currently within the top 50 largest crypto #exchanges globally by adjusted daily #trade volume, seeing about $73 million in trades on the day to press time.Bittrex International’s foray into token sales follows major #crypto #exchange Binance’s token sale platform Launchpad, which recently hosted the high-profile — and extremely swift — token sale for the Tron-based BitTorrent token (#BTT) this January. The BTT sale netted $7.1 million dollars with the sale of 50 billion #tokens within 15-18 minutes.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Crypto exchange Bittrex is hosting its first token sale on Bittrex International, its Malta-based digital asset trading platform
    Crypto #exchange #Bittrex is hosting its first token sale — dubbed an Initial Exchange Offering ( #IEO) — on Bittrex International, its Malta-based digital asset trading platform. The news was announced in an official press release published on March 11.Bittrex International, which operates within an #EU and Maltese crypto regulatory framework, will officially start the IEO on Friday, March 15, the press release announces. Bittrex users will be able to use Bitcoin ( #BTC) to purchase “XRD” tokens, developed by international gaming data blockchain project Raid.According to the press release, Raid is a project that rewards gamers for sharing data,as part of a tokenized ecosystem that aims to enhance marketing and business growth and foster other improvements for gaming companies.Bittrex #CEO and co-founder Bill Shihara has said that IEOs on the platform will allow international token investors to back new blockchain projects “with the peace of mind that comes from Bittrex International regulated in Malta.”Bittrex has outlined the details of the IEO, which will end when a hard cap of 17 billion #XRD (~$6 million) is reached.Bittrex is currently within the top 50 largest crypto #exchanges globally by adjusted daily #trade volume, seeing about $73 million in trades on the day to press time.Bittrex International’s foray into token sales follows major #crypto #exchange Binance’s token sale platform Launchpad, which recently hosted the high-profile — and extremely swift — token sale for the Tron-based BitTorrent token ( #BTT) this January. The BTT sale netted $7.1 million dollars with the sale of 50 billion #tokens within 15-18 minutes. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  5  0  14 minutes ago
  • UK asset management company Elwood Asset Management is looking to increase its crypto offerings after co-launching a Blockchain ETF
United Kingdom-based asset #management #company Elwood Asset Management is looking to increase its #cryptocurrency offerings after co-launching a blockchain #exchange-traded fund (#ETF), Bloomberg reported on March 12.Elwood, which is owned by billionaire Brevan Howard creator Alan Howard, partnered with Invesco to bring a blockchain ETF to market this week.Now, the company told reporters that it is already eyeing what else it could offer institutional investors eager to gain exposure to the cryptocurrency arena.“The only way for institutions to get meaningful exposure to digital assets has been to buy Bitcoin, but many are reluctant or unable to buy Bitcoin - and for good reason,’’ #CEO Bin Ren commented to Bloomberg, adding:“An #ETF gives a highly liquid and regulated way to gain exposure. This is the right point to start.’’Ren did not mention specific products or #services Elwood could offer.“Elwood also plans to develop #investments tied to the #trading of digital assets, and may eventually offer exposure to #cryptocurrencies such as Bitcoin (#BTC) and Ethereum (#ETH),” Bloomberg summarized.#Cryptocurrency #investment products continue to gain both uptake and publicity, a trend which is contrasted by the still patchwork regulatory climate, which makes serving large numbers of clients vary in difficulty depending on jurisdiction.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • UK asset management company Elwood Asset Management is looking to increase its crypto offerings after co-launching a Blockchain ETF
    United Kingdom-based asset #management #company Elwood Asset Management is looking to increase its #cryptocurrency offerings after co-launching a blockchain #exchange-traded fund ( #ETF), Bloomberg reported on March 12.Elwood, which is owned by billionaire Brevan Howard creator Alan Howard, partnered with Invesco to bring a blockchain ETF to market this week.Now, the company told reporters that it is already eyeing what else it could offer institutional investors eager to gain exposure to the cryptocurrency arena.“The only way for institutions to get meaningful exposure to digital assets has been to buy Bitcoin, but many are reluctant or unable to buy Bitcoin - and for good reason,’’ #CEO Bin Ren commented to Bloomberg, adding:“An #ETF gives a highly liquid and regulated way to gain exposure. This is the right point to start.’’Ren did not mention specific products or #services Elwood could offer.“Elwood also plans to develop #investments tied to the #trading of digital assets, and may eventually offer exposure to #cryptocurrencies such as Bitcoin ( #BTC) and Ethereum ( #ETH),” Bloomberg summarized. #Cryptocurrency #investment products continue to gain both uptake and publicity, a trend which is contrasted by the still patchwork regulatory climate, which makes serving large numbers of clients vary in difficulty depending on jurisdiction. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  8  0  15 minutes ago
  • Get 120% in 1 day, 143% in 2 days, 169% in 3 days and 200% in 4 days here at Primform.
Come on board today!
  • Get 120% in 1 day, 143% in 2 days, 169% in 3 days and 200% in 4 days here at Primform.
    Come on board today!
  •  9  1  16 minutes ago
  • Digital currency wallet and exchange Abra has launched native Ethereum support
Digital currency wallet and #exchange Abra has launched native Ethereum (#ETH) support, according to an official blog post published on March 12.Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the altcoin as an on-ramp to invest in other Abra-listed #crypto and fiat currencies — over 30 crypto assets and 50 fiat currencies.These include Abra’s recently-listed BIT10 Index token, which tracks the ten largest #cryptocurrencies by market capitalization.As the Abra blog post outlines, up until now, Abra had only supported Ethereum as a so-called “synthetic asset” — an investment mechanism that creates crypto-collateralized contracts so that users could gain exposure to the altcoin’s price movements, but not hold the coin itself.Abra #CEO Bill Barhydt has given a short statement, noting that Ethereum support “sets the stage for Abra to launch native ERC-20 support, in particular a whole bunch of [ERC20-based] stablecoins, that we’re excited about.”As reported, Barhydt has recently said that even as the Abra wallet #service gains traction as an investment #platform, the #company — as many #crypto firms, he suggested —— is yet to conquer the sphere of #crypto-enabled consumer cross-border payments and remittance services at scale.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Digital currency wallet and exchange Abra has launched native Ethereum support
    Digital currency wallet and #exchange Abra has launched native Ethereum ( #ETH) support, according to an official blog post published on March 12.Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the altcoin as an on-ramp to invest in other Abra-listed #crypto and fiat currencies — over 30 crypto assets and 50 fiat currencies.These include Abra’s recently-listed BIT10 Index token, which tracks the ten largest #cryptocurrencies by market capitalization.As the Abra blog post outlines, up until now, Abra had only supported Ethereum as a so-called “synthetic asset” — an investment mechanism that creates crypto-collateralized contracts so that users could gain exposure to the altcoin’s price movements, but not hold the coin itself.Abra #CEO Bill Barhydt has given a short statement, noting that Ethereum support “sets the stage for Abra to launch native ERC-20 support, in particular a whole bunch of [ERC20-based] stablecoins, that we’re excited about.”As reported, Barhydt has recently said that even as the Abra wallet #service gains traction as an investment #platform, the #company — as many #crypto firms, he suggested —— is yet to conquer the sphere of #crypto-enabled consumer cross-border payments and remittance services at scale. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  7  0  16 minutes ago
  • Key price movement indicators show that Bitcoin could be heading for another move downward
Key price movement indicators show that Bitcoin (#BTC) could be heading for another move downward, according to a recent report from Bloomberg on March 12.The report states, “Technical gauges signaling long-term buying demand for Bitcoin are deteriorating” and as such, buying pressure could increase. Bloomberg notes that the seminal #crypto’s Moving Average Convergence Divergence (MACD) indicator has been moving downward since mid-February.The MACD is a trend-following indicator of momentum that shows the relationship between two moving averages of the price of a security.Bitcoin has tested the $4,000 mark several times in previous weeks, but has as of yet been unable to break above it for a meaningful period of time. Bloomberg states that, until Bitcoin can break through that level, it is likely to face selling pressure. Bloomberg analyst Mike McGlone said:“The entire industry is ripe to resume a path to lower prices. Conditions are akin to November [2018], just prior to the collapse. Prices are #consolidating within narrowing ranges, with a few sharp bear-market rallies that appear fleeting.”Other industry experts have suggested that investors are forgoing Bitcoin to move their money into altcoins. EToro senior #market analyst Mati Greenspan said:“It’s just that investors are seeing more potential in some of the smaller #tokens at the moment. As we approach the culmination of the crypto winter, we’re actually seeing some of the altcoins delivering spectacular gains in the last few weeks. We are now in what industry insiders like to call alt-season.”At press time, data from TradingView shows that the #Bitcoin #MACD is at 44.3, pointing to a “sell” recommendation. The coin is currently trading at $3,910.57, up a modest 0.48 percent on the day according to #CoinMarketCap.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Key price movement indicators show that Bitcoin could be heading for another move downward
    Key price movement indicators show that Bitcoin ( #BTC) could be heading for another move downward, according to a recent report from Bloomberg on March 12.The report states, “Technical gauges signaling long-term buying demand for Bitcoin are deteriorating” and as such, buying pressure could increase. Bloomberg notes that the seminal #crypto’s Moving Average Convergence Divergence (MACD) indicator has been moving downward since mid-February.The MACD is a trend-following indicator of momentum that shows the relationship between two moving averages of the price of a security.Bitcoin has tested the $4,000 mark several times in previous weeks, but has as of yet been unable to break above it for a meaningful period of time. Bloomberg states that, until Bitcoin can break through that level, it is likely to face selling pressure. Bloomberg analyst Mike McGlone said:“The entire industry is ripe to resume a path to lower prices. Conditions are akin to November [2018], just prior to the collapse. Prices are #consolidating within narrowing ranges, with a few sharp bear-market rallies that appear fleeting.”Other industry experts have suggested that investors are forgoing Bitcoin to move their money into altcoins. EToro senior #market analyst Mati Greenspan said:“It’s just that investors are seeing more potential in some of the smaller #tokens at the moment. As we approach the culmination of the crypto winter, we’re actually seeing some of the altcoins delivering spectacular gains in the last few weeks. We are now in what industry insiders like to call alt-season.”At press time, data from TradingView shows that the #Bitcoin #MACD is at 44.3, pointing to a “sell” recommendation. The coin is currently trading at $3,910.57, up a modest 0.48 percent on the day according to #CoinMarketCap. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  6  0  17 minutes ago
  • Thailand’s securities regulator has approved the first ICO portal in the country
Thailand’s securities regulator has approved the first initial coin offering (#ICO) portal in the country, local daily news outlet the Bangkok Post reported on March 12.The Thai Securities and #Exchange Commission's (#SEC) board of directors has reportedly authorized the first ICO portal that allows to screen ICOs, perform due diligence, confirm smart contract source codes and conduct Know Your Customer (#KYC) procedures. The operator of the ICO portal is reportedly a foreign entity.Archari Suppiroj, director of the fintech department at the SEC, reportedly told the Bangkok Post, “Thailand's first authorized ICO portal is being finalized for official approval with the relevant government agencies such as the Commerce Ministry. [...] The first ICO deal will be available for public offering in the near future under the digital asset royal decree.”According to Archari, the #ICO market has began to mature from project-based and intangible ideas to ICOs backed by physical assets. Archari also revealed that “in the future” the SEC will issue criteria that enables companies to tokenize securities and other assets.Initially, the Thai SEC intended to clear the first ICO portal to operate legally last November, with plans “to approve each #ICO offering, which might start in December.”Last December, the Thai #SEC announced its plans to consider loosening rules that form a “barrier” to #ICOs, although there will be caps on participation. Tipsuda Thavaramara, general secretary of the Thai #SEC then said:“The proposed guideline is an attempt to find greater equilibrium in the regulatory process and reduce regulatory impediments, while taking risk #management and investor protection into account.”#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Thailand’s securities regulator has approved the first ICO portal in the country
    Thailand’s securities regulator has approved the first initial coin offering ( #ICO) portal in the country, local daily news outlet the Bangkok Post reported on March 12.The Thai Securities and #Exchange Commission's ( #SEC) board of directors has reportedly authorized the first ICO portal that allows to screen ICOs, perform due diligence, confirm smart contract source codes and conduct Know Your Customer ( #KYC) procedures. The operator of the ICO portal is reportedly a foreign entity.Archari Suppiroj, director of the fintech department at the SEC, reportedly told the Bangkok Post, “Thailand's first authorized ICO portal is being finalized for official approval with the relevant government agencies such as the Commerce Ministry. [...] The first ICO deal will be available for public offering in the near future under the digital asset royal decree.”According to Archari, the #ICO market has began to mature from project-based and intangible ideas to ICOs backed by physical assets. Archari also revealed that “in the future” the SEC will issue criteria that enables companies to tokenize securities and other assets.Initially, the Thai SEC intended to clear the first ICO portal to operate legally last November, with plans “to approve each #ICO offering, which might start in December.”Last December, the Thai #SEC announced its plans to consider loosening rules that form a “barrier” to #ICOs, although there will be caps on participation. Tipsuda Thavaramara, general secretary of the Thai #SEC then said:“The proposed guideline is an attempt to find greater equilibrium in the regulatory process and reduce regulatory impediments, while taking risk #management and investor protection into account.” #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  2  0  18 minutes ago
  • This is where the foundation of your home starts. You couldn’t live without the people who make big rocks into little rocks.
  • This is where the foundation of your home starts. You couldn’t live without the people who make big rocks into little rocks.
  •  252  4  19 minutes ago
  • Binance OTC desk Koi Trading has partnered with IdentityMind, a platform for online risk management, to develop an AML compliance-as-a-service product
#Binance-backed over-the-counter (#OTC) desk Koi Trading has partnered with IdentityMind, a #platform for online risk management, to develop an Anti-Money Laundering (#AML) #compliance-as-a-service product. The development was announced in a press release published on March 12.The parties have reportedly released an #AML #compliance-as-a-service product dubbed “Koi Compliance,” supporting digital currency and targeting money services #businesses. The new platform will purportedly enable companies to focus on conducting their #business, letting Koi Compliance to perform Know Your Customer (#KYC) procedures, monitor transactions, conduct sanctions screening, and keep records.Last November, Koi #Trading received $3 million in #investment from #Binance Labs, an incubator arm of the world’s leading #cryptocurrency #exchange (as of press time) #Binance. The move was purportedly taken to enable Binance Labs to utilize Koi’s quantitative research, data science, and compliance consulting services.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Binance OTC desk Koi Trading has partnered with IdentityMind, a platform for online risk management, to develop an AML compliance-as-a-service product
    #Binance-backed over-the-counter ( #OTC) desk Koi Trading has partnered with IdentityMind, a #platform for online risk management, to develop an Anti-Money Laundering ( #AML) #compliance-as-a-service product. The development was announced in a press release published on March 12.The parties have reportedly released an #AML #compliance-as-a-service product dubbed “Koi Compliance,” supporting digital currency and targeting money services #businesses. The new platform will purportedly enable companies to focus on conducting their #business, letting Koi Compliance to perform Know Your Customer ( #KYC) procedures, monitor transactions, conduct sanctions screening, and keep records.Last November, Koi #Trading received $3 million in #investment from #Binance Labs, an incubator arm of the world’s leading #cryptocurrency #exchange (as of press time) #Binance. The move was purportedly taken to enable Binance Labs to utilize Koi’s quantitative research, data science, and compliance consulting services. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  8  0  19 minutes ago
  • Major UK energy company OVO has invested in Blockchain firm Electron through its recently launched technology division, Kaluza
Major United Kingdom energy company OVO has invested in #blockchain firm Electron through its recently launched technology division, Kaluza. The development was announced in an #OVO blog post published on March 12.Kaluza — an intelligent grid #technology #company that provides software and hardware products to the energy sector — has reportedly made an investment in Electron, a London-based energy tech company that uses #blockchain #technology. The move aims to facilitate Electron’s deployment of distributed energy trading platforms.Electron will purportedly use the proceeds of the investment to develop its energy platforms and systems, or its distributed flexibility marketplace. “The development of Electron’s shared asset register will be crucial to supporting the growth of Kaluza and deliver on its mission to securely connect all devices to an intelligent zero-carbon grid,” the post explains.The new investment from OVO is reportedly the first since Mitsubishi acquired a 20 percent stake in the firm. #OVO is reportedly the seventh largest energy supplier in the U.K.Blockchain has seen multiple applications in the energy sector globally. Earlier in March, Thai petroleum refining firm Bangchak Corporation Public Co. Limited (#BCP) began testing a #blockchain-based energy trading #platform and commercial microgrid. The platform will support the basic electricity needs of an average #BCP fuel station in addition to generating, distributing and storing energy for neighboring shopping mall tenants.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Major UK energy company OVO has invested in Blockchain firm Electron through its recently launched technology division, Kaluza
    Major United Kingdom energy company OVO has invested in #blockchain firm Electron through its recently launched technology division, Kaluza. The development was announced in an #OVO blog post published on March 12.Kaluza — an intelligent grid #technology #company that provides software and hardware products to the energy sector — has reportedly made an investment in Electron, a London-based energy tech company that uses #blockchain #technology. The move aims to facilitate Electron’s deployment of distributed energy trading platforms.Electron will purportedly use the proceeds of the investment to develop its energy platforms and systems, or its distributed flexibility marketplace. “The development of Electron’s shared asset register will be crucial to supporting the growth of Kaluza and deliver on its mission to securely connect all devices to an intelligent zero-carbon grid,” the post explains.The new investment from OVO is reportedly the first since Mitsubishi acquired a 20 percent stake in the firm. #OVO is reportedly the seventh largest energy supplier in the U.K.Blockchain has seen multiple applications in the energy sector globally. Earlier in March, Thai petroleum refining firm Bangchak Corporation Public Co. Limited ( #BCP) began testing a #blockchain-based energy trading #platform and commercial microgrid. The platform will support the basic electricity needs of an average #BCP fuel station in addition to generating, distributing and storing energy for neighboring shopping mall tenants. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  7  0  20 minutes ago
  • U.S. SEC Chairman Jay Clayton confirmed that Ethereum and crypto like it aren’t securities under U.S. law
United States Securities and Exchanges Commission (#SEC) Chairman Jay Clayton confirmed that Ethereum (ETH) and #cryptocurrencies like it aren’t securities under U.S. law, non-profit crypto research organization Coin Center reports on March 12.Citing a letter written by Clayton, Coin Center reports that the SEC staff has found that ETH is not a security under U.S. law.In September last year, Coin Center worked with U.S. representative Ted Budd to send a co-signed letter to Clayton asking whether he agreed with the approach to #ETH of the #SEC’s director of corporate finance, William Hinman. In June last year, Hinman had stated in a speech that ETH “in its present state” — as opposed to during its distribution via initial #coin offering (#ICO) — won’t be regulated as a security.In his answer letter, dated March 7, Chairman Clayton noted that he agrees that a digital asset’s definition as a security is “not static” and thus can change over time.He further stated that a digital asset that starts as a security may see its designation change over time “if the digital asset later is offered and sold in such a way that it will no longer meet that definition.”Without ever mentioning #ETH directly, Clayton stated that he had been asked if he agrees “with certain statements concerning digital #tokens in Director Hinman's June 2018 speech.” He replied with a description of how an asset could #transition away from being a security:“I agree with Director Hinman's explanation of how a digital asset transaction may no longer represent an #investment contract [a security] if, for example, purchasers would no longer reasonably expect a person or group to carry out the essential managerial or entrepreneurial efforts.”#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • U.S. SEC Chairman Jay Clayton confirmed that Ethereum and crypto like it aren’t securities under U.S. law
    United States Securities and Exchanges Commission ( #SEC) Chairman Jay Clayton confirmed that Ethereum (ETH) and #cryptocurrencies like it aren’t securities under U.S. law, non-profit crypto research organization Coin Center reports on March 12.Citing a letter written by Clayton, Coin Center reports that the SEC staff has found that ETH is not a security under U.S. law.In September last year, Coin Center worked with U.S. representative Ted Budd to send a co-signed letter to Clayton asking whether he agreed with the approach to #ETH of the #SEC’s director of corporate finance, William Hinman. In June last year, Hinman had stated in a speech that ETH “in its present state” — as opposed to during its distribution via initial #coin offering ( #ICO) — won’t be regulated as a security.In his answer letter, dated March 7, Chairman Clayton noted that he agrees that a digital asset’s definition as a security is “not static” and thus can change over time.He further stated that a digital asset that starts as a security may see its designation change over time “if the digital asset later is offered and sold in such a way that it will no longer meet that definition.”Without ever mentioning #ETH directly, Clayton stated that he had been asked if he agrees “with certain statements concerning digital #tokens in Director Hinman's June 2018 speech.” He replied with a description of how an asset could #transition away from being a security:“I agree with Director Hinman's explanation of how a digital asset transaction may no longer represent an #investment contract [a security] if, for example, purchasers would no longer reasonably expect a person or group to carry out the essential managerial or entrepreneurial efforts.” #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  6  0  26 minutes ago
  • Official wallet of leading crypto exchange Binance, Trust Wallet, has added support for credit card purchases and Ripple’s XRP token
Trust Wallet was acquired by Binance in July of last year in the exchange’s first public acquisition.According to the press release, users can now send, receive, store and exchange #XRP via Trust Wallet. According to the wallet’s official website, Trust Wallet also supports Bitcoin (#BTC), Ethereum (#ETH), Litecoin (#LTC) and Bitcoin Cash (#BCH), among others, and as well as any #ERC20, ERC223 and ERC721 tokens.Following a partnership with payment processing firm Simplex, the wallet also now supports credit and debit card purchases of #XRP, BTC, #BCH, #LTC and #ETH.Per the release, the recent launch of the company’s open-source, cross-platform software library Trust Wallet Core also enables developers to build further native decentralized apps and #wallets.Furthermore, Viktor Radchenko, the founder of Trust #Wallet, pointed out that the library enables independent developers to integrate new #blockchains with the wallet.At the end of January, #Binance itself — currently the world’s largest #crypto #exchange by adjusted daily trade volume — added support for credit and debit card purchases via Simplex.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Official wallet of leading crypto exchange Binance, Trust Wallet, has added support for credit card purchases and Ripple’s XRP token
    Trust Wallet was acquired by Binance in July of last year in the exchange’s first public acquisition.According to the press release, users can now send, receive, store and exchange #XRP via Trust Wallet. According to the wallet’s official website, Trust Wallet also supports Bitcoin ( #BTC), Ethereum ( #ETH), Litecoin ( #LTC) and Bitcoin Cash ( #BCH), among others, and as well as any #ERC20, ERC223 and ERC721 tokens.Following a partnership with payment processing firm Simplex, the wallet also now supports credit and debit card purchases of #XRP, BTC, #BCH, #LTC and #ETH.Per the release, the recent launch of the company’s open-source, cross-platform software library Trust Wallet Core also enables developers to build further native decentralized apps and #wallets.Furthermore, Viktor Radchenko, the founder of Trust #Wallet, pointed out that the library enables independent developers to integrate new #blockchains with the wallet.At the end of January, #Binance itself — currently the world’s largest #crypto #exchange by adjusted daily trade volume — added support for credit and debit card purchases via Simplex. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  6  1  27 minutes ago
  • ABBC Foundation has agreed to stop using the name “Alibaba” for its crypto after legal action by Chinese e-commerce giant Alibaba Group
Dubai-based #crypto firm #ABBC Foundation has agreed to stop using the name “Alibaba” for its #cryptocurrency after legal action by Chinese e-commerce giant Alibaba Group, Reuters reported on March 11.The decision from ABBC Foundation is reportedly part of a settlement of an almost year-long lawsuit brought by Alibaba against the #crypto startup.ABBC Foundation, previously also known as Alibabacoin Foundation, reportedly said that it regretted confusion caused by its former use of the name “Alibabacoin” for its firm and #cryptocurrency. Per the report, the #company’s coin will now be called ABBC coin.In April last year, Alibaba had previously sued the #company for copyright infringement after the latter’s initial coin offering (#ICO) initially raised $3.5 #million.Later, in May 2018, a United States court ruled against Alibaba’s request for an injunction against thestartup. However, despite the setback, in October last year, Alibaba won a preliminary injunction against ABBC Foundation (at the time Alibabacoin Foundation) in a lawsuit over the misleading use of Alibaba in their name in the U.S. District Court for the Southern District of New York.Recently, Liu Song, Alibaba’s vice president, said in an interview that the #company is considering #blockchain tech implementation for cross-border supply chains.In January, news broke that the Pakistan-based subsidiary of global telecommunications giant Telenor had launched across-border remittance service powered by the blockchain system of Alibaba’s payment subsidiary, Alipay.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • ABBC Foundation has agreed to stop using the name “Alibaba” for its crypto after legal action by Chinese e-commerce giant Alibaba Group
    Dubai-based #crypto firm #ABBC Foundation has agreed to stop using the name “Alibaba” for its #cryptocurrency after legal action by Chinese e-commerce giant Alibaba Group, Reuters reported on March 11.The decision from ABBC Foundation is reportedly part of a settlement of an almost year-long lawsuit brought by Alibaba against the #crypto startup.ABBC Foundation, previously also known as Alibabacoin Foundation, reportedly said that it regretted confusion caused by its former use of the name “Alibabacoin” for its firm and #cryptocurrency. Per the report, the #company’s coin will now be called ABBC coin.In April last year, Alibaba had previously sued the #company for copyright infringement after the latter’s initial coin offering ( #ICO) initially raised $3.5 #million.Later, in May 2018, a United States court ruled against Alibaba’s request for an injunction against thestartup. However, despite the setback, in October last year, Alibaba won a preliminary injunction against ABBC Foundation (at the time Alibabacoin Foundation) in a lawsuit over the misleading use of Alibaba in their name in the U.S. District Court for the Southern District of New York.Recently, Liu Song, Alibaba’s vice president, said in an interview that the #company is considering #blockchain tech implementation for cross-border supply chains.In January, news broke that the Pakistan-based subsidiary of global telecommunications giant Telenor had launched across-border remittance service powered by the blockchain system of Alibaba’s payment subsidiary, Alipay. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  2  0  29 minutes ago
  • UK banking giant HSBC is seeking banking partners in South Korea to deploy the Blockchain platform Voltron in the country
United Kingdom-based banking giant #HSBC is seeking banking partners in South Korea to deploy the blockchain platform Voltron in the country, Korean news outlet The Korea Times reports on Tuesday, March 12.As reported, Voltron is a platform that enables companies to process and settle their trading invoices via blockchain. The solution was launched in October 2018 by blockchain consortium R3 and eight banks — including HSBC, ING and Standard Chartered — and is currently at the pilot stage.#HSBC's Innovation Director on Blockchain Joshua Kroeker, cited by The Korea Times, says that the company is planning to launch Voltron commercially in the near future. HSBC wants to establish ties with Korean #banks to collaborate on the development of the #platform and share costs.Kroeker believes that the decentralized system can significantly reduce the time generally required for interbank operations and facilitate connections. "The biggest impact would be time. Time and transparency will help companies better manage their cash flow and working capital," he told reporters, adding:"I am here this week to reach out to Korean banks to collaborate on this blockchain #platform for letters of credit."The Korea Times noted that filing and processing #trading papers normally takes five to ten days, but can in fact last up to 30 days. As the publication notes, a decentralized system could help reduce this time to 24 hours, as #blockchain enables different parties to have access to the data in real time.#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • UK banking giant HSBC is seeking banking partners in South Korea to deploy the Blockchain platform Voltron in the country
    United Kingdom-based banking giant #HSBC is seeking banking partners in South Korea to deploy the blockchain platform Voltron in the country, Korean news outlet The Korea Times reports on Tuesday, March 12.As reported, Voltron is a platform that enables companies to process and settle their trading invoices via blockchain. The solution was launched in October 2018 by blockchain consortium R3 and eight banks — including HSBC, ING and Standard Chartered — and is currently at the pilot stage. #HSBC's Innovation Director on Blockchain Joshua Kroeker, cited by The Korea Times, says that the company is planning to launch Voltron commercially in the near future. HSBC wants to establish ties with Korean #banks to collaborate on the development of the #platform and share costs.Kroeker believes that the decentralized system can significantly reduce the time generally required for interbank operations and facilitate connections. "The biggest impact would be time. Time and transparency will help companies better manage their cash flow and working capital," he told reporters, adding:"I am here this week to reach out to Korean banks to collaborate on this blockchain #platform for letters of credit."The Korea Times noted that filing and processing #trading papers normally takes five to ten days, but can in fact last up to 30 days. As the publication notes, a decentralized system could help reduce this time to 24 hours, as #blockchain enables different parties to have access to the data in real time. #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  3  0  30 minutes ago
  • Crypto payments are a topic of increasing interest for U.S. lawyers following a recent conference panel
Cryptocurrency payments are a topic of increasing interest for United States lawyers following a recent conference panel, Bloomberg Law reported on March 11.Referencing participants in the 18th Annual Legal Malpractice & Risk Management (#LMRM) Conference, which ran from March 5-7 in Chicago, the publication noted the prevalence of #cryptocurrency payments in the legal profession, stemming from client demand.As the #cryptocurrency industry and markets mature, more clients are asking to use digital assets for payment.Doing so can nonetheless yield mixed results, experts advised, with upfront bill payments differing from retainers, which remain in segregated funds for long periods.“#Cryptocurrency does not fit with the model for trust funds — lawyers should not accept #cryptocurrency as trust money,” Matthew K. Roskoski, deputy general counsel for Latham & Watkins, who joined the LMRM panel, summarized.Continuing, Roskoski highlighted the risks, but suggested dealing with initial coin offerings (#ICOs) constituted another level of difficulty for legal professionals.“Working in #ICO space [sic] is subject to risk and a liability scheme we have no track record in,” he said, adding:“[But] there’s real #money to be made there so people don’t want to wash their hands of it entirely.”#bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  • Crypto payments are a topic of increasing interest for U.S. lawyers following a recent conference panel
    Cryptocurrency payments are a topic of increasing interest for United States lawyers following a recent conference panel, Bloomberg Law reported on March 11.Referencing participants in the 18th Annual Legal Malpractice & Risk Management ( #LMRM) Conference, which ran from March 5-7 in Chicago, the publication noted the prevalence of #cryptocurrency payments in the legal profession, stemming from client demand.As the #cryptocurrency industry and markets mature, more clients are asking to use digital assets for payment.Doing so can nonetheless yield mixed results, experts advised, with upfront bill payments differing from retainers, which remain in segregated funds for long periods.“ #Cryptocurrency does not fit with the model for trust funds — lawyers should not accept #cryptocurrency as trust money,” Matthew K. Roskoski, deputy general counsel for Latham & Watkins, who joined the LMRM panel, summarized.Continuing, Roskoski highlighted the risks, but suggested dealing with initial coin offerings ( #ICOs) constituted another level of difficulty for legal professionals.“Working in #ICO space [sic] is subject to risk and a liability scheme we have no track record in,” he said, adding:“[But] there’s real #money to be made there so people don’t want to wash their hands of it entirely.” #bitcoin #ripple #ethereum #bitcoindiamond #bcd #cryptonews #trader #invest #blockchain #price #ico #mining
  •  7  1  31 minutes ago