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Hedera Hashgraph, touted as high-speed blockchain alternative, goes liv

Hedera Hashgraph has officially launched its public network after testing with a small group of clients since Dec. 2018; with the network live investors in the project, which raised $124M in a token sale, will start to receive their HBAR tokens; according to CoinDesk, twelve cryptocurrency exchanges and over-the-counter (OTC) desks plan to list HBAR […]

By |September 17th, 2019|Regulation|0 Comments

Wells Fargo to pilot dollar-linked crypto for internal settlement

Wells Fargo is developing a U.S. dollar-backed stablecoin, called “Wells Fargo Digital Cash” that will be used in a pilot to settle internal cross-border payments; the firm believes its proprietary digital ledger tech (DLT) platform will enable money to move in near real-time, with less transaction fees, and outside normal operating hours – Link

By |September 17th, 2019|Regulation|0 Comments

Deutsche Bank joins JPMorgan’s blockchain-based Interbank Information Network

Deutsche Bank has joined banking rival JPMorgan’s Interbank Information Network (IIN) a blockchain-based network comprised of over 60 banks, according to a Financial Times report; the IIN allows member banks to exchange information related to international payments on a blockchain; up until this point, most of the members of the network have been smaller banks […]

By |September 17th, 2019|Regulation|0 Comments

Critical vulnerability disclosed in new AirSwap smart contract

A critical exploit was discovered in a newly released AirSwap smart contract, according to a blog post from AirSwap; the vulnerability, which was discovered during an internal security review, would allow an attacker, under certain conditions, to perform a swap without requiring a signature from a counterparty. A list of 10 accounts that were at […]

By |September 17th, 2019|Regulation|0 Comments

Square is testing a free stock trades feature within its Cash App

Square is testing a free stock trades feature within its Cash App, according to a company video seen by Bloomberg; a source indicated employees began testing the service in recent weeks; Cash App previously launched Bitcoin trading – Link

By |September 17th, 2019|Regulation|0 Comments

Bitcoin mining power hits a new all-time-high suggesting more than 600,000 ASICs have come online

The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that more than 600,000 ASIC mining machines may have come online in the last three months: CoinDesk; according to data from crypto mining pool BTC.com, bitcoin’s two-week average hash rate has crossed another major threshold, reaching 85 exahashes per second (EH/s) […]

By |September 16th, 2019|Mining, Security|0 Comments

BitPay launches support for Ethereum

BitPay today announced its customers will soon be able to accept Ethereum meaning businesses using BitPay for payment processing can accept Ethereum for purchases without the need for any integration or enhancements – Link

By |September 16th, 2019|Adoption|0 Comments

U.S. Treasury sanctions North Korean hacking groups, citing crypto exchange hacks

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions targeting three North Korean state-sponsored malicious cyber groups on Friday: Lazarus Group, Bluenoroff, and Andariel; the announcement explicitly cites these organizations’ involvement in the thefts of digital assets, noting their “target Virtual Asset Providers and cryptocurrency exchanges to possibly assist in […]

By |September 16th, 2019|Regulation|0 Comments

Sparkswap adds USD support to its Bitcoin Lightning Network exchange

Sparkswap, a bitcoin startup building a non-custodial exchange on the Lightning Network, announces its support for the U.S. dollar, enabling users to buy bitcoins directly from their Sparkswap Lightning wallet; unlike its bitcoin and litecoin trading pairs, Sparkswap will act as the counterparty for trades dealing with bitcoin and USD; at launch, USD support will […]

By |September 16th, 2019|Regulation|0 Comments

Harbor tokenizes real estate funds worth $100M on Ethereum

Harbor today announced the creation of tokens on the Ethereum blockchain representing the shares of four real estate funds worth $100M; the move is intended to make these private securities easier to trade for the 1,100 investors that hold them, along with 17 broker-dealers and 17 placement agents that work with the funds’ manager, iCap […]

By |September 16th, 2019|Regulation|0 Comments

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