EOS, Ethereum and NEO Receive Top Ratings by China in Round Two

EOS, Ethereum and NEO Receive Top Ratings by China in Round Two

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China recently revealed its second batch of state-endorsed cryptocurrency ratings and notably, EOS takes the lead this round as it was entirely excluded in the first set of ratings released in May 2018. Ethereum, Steem, and Lisk held the top ratings the first time around. The blockchain projects ratings depend on three different components based on technology,…

Stellar Looks to Acquire Chain for $500 million XLM

Stellar Looks to Acquire Chain for $500 million XLM

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Stellar Lumens is currently discussing the possibility of acquiring Chain — a San Francisco-based startup building cryptographic ledgers for the finance industry. Although it’s unclear how Stellar will utilize this technology, the 7th largest cryptocurrency is willing to part with $500 million worth of XLM for the purchase, according to Fortune. Such a sum is certainly…

Freedom of Press Foundation Receives 1000 ETH First Day of Accepting Donations

Freedom of Press Foundation Receives 1000 ETH First Day of Accepting Donations

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Since inception, blockchain technology enables users worldwide the ability to access previously restricted services and information. On June 18, 2018, Freedom of the Press Foundation received $540k worth of Ethereum after extending donation options into cryptocurrency. Crypto and Liberty Collide Organized in 2012, Freedom of the Press Foundation (FPF) is a non-profit organization dedicated to…

Ripple Executive Elected to Lead Federal Reserve Task Force

Ripple Executive Elected to Lead Federal Reserve Task Force

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Business Development Head of Research for Ripple Labs, Ryan Zagone, has been elected to the Federal Reserve’s Faster Payments Task Force Steering Committee. The Steering Committee’s 16 members are designated to lead the 321 stakeholders that comprise the Task Force. In an effort to make American payments faster by 2020, the Faster Payments Task Force was…

Charlie Lee Announces Schedule & Speaker List for Litecoin Summit

Charlie Lee Announces Schedule & Speaker List for Litecoin Summit

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Litecoin founder Charlie Lee has announced the release of the full schedule of the upcoming Litecoin Summit, which will see the Litecoin team, Lightning Labs, RSK Labs, and a range of industry experts and influencers meet in San Francisco to discuss the future of Litecoin. I'm excited for the first ever Litecoin Summit! We have…

NYDFS Authorizes Paxos Trust Company to Add Ethereum, Litecoin, Bitcoin Cash, and Stellar Lumen

NYDFS Authorizes Paxos Trust Company to Add Ethereum, Litecoin, Bitcoin Cash, and Stellar Lumen

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Despite a recent market downturn, cryptocurrencies continue to make regulatory progress. Starting June 14, Paxos Trust Company will make Ethereum, Litecoin, Bitcoin Cash, and Stellar Lumens available for OTC trading on their itBit digital asset exchange. Early Bird Authorization by NYDFS Joining a short list of exchanges authorized to trade cryptocurrency, Paxos Trust Company was approved…

Ethereum’s Forgotten Treasure: DAOs

Ethereum’s Forgotten Treasure: DAOs

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Satoshi Nakamoto’s 2008 whitepaper explained Bitcoin as the most significant document in blockchain to date, then in 2013, Vitalik Buterin’s white paper delineated the Ethereum (ETH) protocol a strong contender for second. Ethereum has since become one of the world’s most critical blockchains, serving as a base for thousands of ICOs and continuously evolving to…

CFTC Commissioner Says We Are Witnessing a ‘Revolution’, Cryptocurrencies Are a ‘Modern Miracle’

CFTC Commissioner Says We Are Witnessing a ‘Revolution’, Cryptocurrencies Are a ‘Modern Miracle’

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US Commodity Futures Trading Commission Commissioner Rostin Behnam labeled cryptocurrencies as a “modern miracle” at a recent summit, sharing a bullish stance on virtual currencies and predicting that blockchain technology will remake economic, social and political structures. US Commodity Futures Trading Commission Commissioner Rostin Behnam Behnam discussed cryptocurrencies at the June 4 BFI Summit “Fostering…

Blockchain Industry Leaders Gather in Seattle for Blockchain NW Conference

Blockchain Industry Leaders Gather in Seattle for Blockchain NW Conference

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On June 5th, 60 speakers and over 600 people gathered at the first-ever blockchain and cryptocurrency conference in Seattle, WA. With industry leaders from all over the country sharing their vision of decentralized technology, the capital of the Pacific Northwest is proving to be a hub for blockchain innovation. Building a Blockchain Community Justin Wu,…

Coinbase Invades Japan With New Office, FSA Compliance

Coinbase Invades Japan With New Office, FSA Compliance

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US-based cryptocurrency exchange Coinbase officially announced an expansion into the booming Japanese cryptocurrency market with the launch of a new Japan office. Announced on June 4, a new office in Japan will be spearheaded by Japanese fintech leader Nao Kitazawa. The new Coinbase office will provide Japanese cryptocurrency investors access to the suite of Coinbase…