Enterprise blockchain firm R3 is adding a second floor to its London office to accommodate a hiring spree. It’s a move that comes amidst a momentous period in the U.K., when the country appears on the verge of completing its…
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What the Next 4 Years of Ethereum Look Like
Yesterday, ethereum celebrated its fourth birthday. Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and native programming…
Overstock to Pay Its Shareholders a Dividend in tZERO Tokens
Online retailer Overstock.com announced it will pay shareholder dividends in its affiliate company’s digital security. The move, approved by the company’s board of directors, will see that one digital voting series A-1 preferred stock (series A-1) will represent 10 shares…
US Defense Department to Develop Blockchain Cybersecurity Shield
The U.S. Department of Defense (DoD) is looking to forge a blockchain cybersecurity shield. In a report published on July 12 titled Digital Modernization Strategy, the DoD outlined several ways to advance the nation’s digital defenses. This includes the integration…
WATCH: The Facebook Libra Hearings: Everything You Missed in 5 Minutes
[embedded content] “It’s not a surprise to me that inevitably corporations are going after creating their own tokens but for Facebook to be one of the first big ones is is pretty much a surprise,” said Lukka CEO Jake Benson told…
Crypto Exchanges Are Benefiting from Algorithmic Trading: Here’s How
Matthew Trudeau is chief strategy officer at crypto asset exchange ErisX. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in crypto assets. Sign up here.…
Prosecutors File Formal Complaint Against Infamous BTC-e Crypto Exchange
According to a court document filed on July 25 in the Northern District of California, BTC-e and its executive Alexander Vinnik have been indicted for the alleged crimes of conspiracy, money laundering, unlawful monetary transactions, and operating an unlicensed exchange. The…
SEC Clears Blockchain Gaming Startup to Sell ‘Quarters’ Tokens
The U.S. Securities and Exchange Commission has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on the ethereum blockchain. PoQ may legally sell its Quarters tokens to consumers without registering them as…
Ripple Sold $251 Million Worth of XRP in Q2, Increasing Total Nearly 50 Percent
Ripple’s second-quarter report released Wednesday came with a few surprises: a gain, a loss, and a new partner. The distributed ledger technology firm’s total sales of XRP increased by nearly 48 percent to $251 million in the quarter, outpacing the first quarter’s $169…
New NYDFS Division to Oversee Licensing for Cryptocurrency Startups
The New York State Department of Financial Services (NYDFS), the financial regulator for the state of New York, is moving its in-house team supervising cryptocurrency businesses to a new division. In a statement Tuesday, Linda Lacewell, the newly appointed superintendent, announced the Research…