SEC Reschedules Approval Decision on Wilshire Phoenix’s Bitcoin ETF Proposal to February

December 30, 2019
The US Securities and Exchange Commission (SEC) has yet again delayed their decision on whether to approve Wilshire Phoenix’s proposal for Bitcoin as well as US Treasury bond exchange-traded funds (ETF). According to the watchdog agency, a comprehensive decision will be communicated in Feb.. 26, 2020, CoinDesk reports. In a press statement issued on Friday, the regulator stated

Ernst & Young’s ERC-20 Token and Smart Contract Analyzer Available For Public Testing

December 27, 2019
Accountancy company Ernst&Young (EY) has made its smart contract and token service available in open beta. The beta version for the public has been launched on Wednesday. It allows users to put in code for an analysis, while security risks are being identified by testing how efficient and functional a smart contract is. The coding’s quality is

Alchemy Raises $15M to Expand its Blockchain Dev Tool Kit From Stanford, Coinbase, And Samsung

December 26, 2019
Alchemy, one of the fastest growing blockchain oriented startups, recently held its Series A funding and managed to raise $15 million. This is a big milestone for the blockchain infrastructure provider in an era where most crypto oriented firms are opting to outsource FinTech development. The San Francisco based company provides a decentralized architecture that

New Zealand BANK ASB Participates In $1.7 Million Seed Funding Round For Startup TradeWindow

December 25, 2019
The New Zealand Bank ASB participated in a $1.7 million seed funding round for a blockchain company called TradeWindow. The information was released on Monday by TradeWindow in a press release in which they informed that they are also planning a commercial launch in the near future. TradeWindow Raises $1.7 Million In Funding Round As

R3 Closes ‘Largest’ Trade Finance Blockchain Pilot Ever, Involving 70+ Global Organizations

December 24, 2019
Enterprise blockchain giant R3 has announced the completion of a trial of a trade finance network dubbed Marco Polo Network, terming it the biggest financial trial ever. According to CoinDesk, the piloting involved over 70 firms coming from 25 nations. More than 340 representatives from the participating organizations took part in the trials and were

Ripple’s Real-Time Settlement Tech Gets Recognition by US Consumer Financial Protection Bureau

December 23, 2019
Ripple (XRP), which is a real-time gross settlement system and currency exchange network known for its use in cross-border payments was recently mentioned in an official US CFPB document. Most of the content in this document was based on changes and the future of remittance markets. This is the first time in its existence that

Hackers Take Over Amazon Ring Camera, Demanding 50 Bitcoin Ransom While Setting Off the Alarm

December 20, 2019
Technology has been evolving at a rapid pace, but no change comes without a few initial problems. It seems that hackers have found a weak spot in the digital armor of a Ring home security company, as they went after a couple for 50 Bitcoin, stating that they would be “terminated.” The hackers infiltrated the

Hacked & Now-Defunct Crypto Exchange Cryptopia’s Liquidators Recover $10.9 Million

December 19, 2019
Now-defunct New Zealand-based crypto exchange Crypotpia that was hacked in January 2019 for about $16 million has now retrieved $7.2 million. New Zealand-based crypto exchange’s liquidators’ make progress $7.1 million can be potentially be refunded to users Liquidators Grant Thornton has a high court hearing in February 2020 Cryptopia’s assigned liquidator, accounting firm Grant Thornton

Bitfury Makes Strategic Investment In Shyft Network’s FATF Travel Rule Compliance System

December 18, 2019
Bitfury has recently acquired Shyft Network, a company that is working on decentralized identity solutions that would help the firms develop a data transfer product. Specifically, Bitfury is going to be investing in the travel rule solution that complies with the Financial Action Task Force (FATF) and its legal framework. Bitfury Invests In Shyft Network According to

Japanese Electric Co, KEPCO Extends Power Ledger’s Blockchain-Based Energy Trading Pilot

December 17, 2019
Kansai Electric Power (KEPCO) is moving forward with a blockchain-based renewable energy trading platform trial. In order to do so, the company is working side by side with the blockchain-related company Power Ledger. The information was released by the company in a press release shared on December 9. KEPCO Moves Forward With Its Blockchain Trial As