ING Groep NV confirmed Tuesday that cryptocurrency exchange Bitfinex has an account with the Dutch bank. According to Bloomberg News and Reuters, a spokesperson for the financial services company acknowledged Bitfinex’s account but declined to share any other information, citing…
Author: Leo Henry
Actor Steven Seagal Endorses Questionable ‘Bitcoiin’ ICO
Action film star Steven Seagal has become the brand ambassador for a controversial cryptocurrency ahead of an initial coin offering (ICO). A statement posted to Seagal’s Twitter account confirmed the news, the announcement for which was posted to the official…
No, Not All ICOs Are Securities
Paul Paray is an attorney in Allendale, New Jersey, focused on privacy and technology matters. In his Feb. 8 opinion piece for CoinDesk, Santander’s Julio Faura suggests that “utility tokens are a bad idea” because it would be a “lie…
In 10 Years We Won’t Have Blockchains
Will Murphy is the vice president for blockchain at of Talla.com, the company behind Botchain, a blockchain for managing autonomous intelligent agents. I predict that in 10 years blockchain technology will improve to a level that calling it “blockchain” will no longer…
FCC: Bitcoin Miner Interfered With T-Mobile Network
The U.S. Federal Communications Commission (FCC) warned a New York City resident this week that his bitcoin mining hardware was interfering with a broadband network operated by T-Mobile. The FCC issued a “Notification of Harmful Interference” to Victor Rosario, dated…
Coinbase Users Cry Foul Over Unexpected Bank Charges
A number of Coinbase users have reported unauthorized charges to their bank accounts by the exchange and digital wallet provider, in some cases draining all their funds and leaving customers with large overdraft fees. Posting on the Coinbase subreddit, customers…
DC Blockchain Hearing Sees Call for Congressional Commission
Members of the U.S. House of Representatives got a crash course on blockchain today, with subcommittees of the Science, Space and Technology Committee meeting to hear testimony on the tech. During the “Beyond Bitcoin: Emerging Applications for Blockchain Technology” hearing,…
Arizona Law Would Define When ICOs Are Securities
The number of blockchain bills before the Arizona state legislature is growing, public records show. Arizona state representative Jeff Weninger introduced two measures focused on the tech last week, including one that would begin laying down ar regulatory framework for…
JPMorgan Report: Crypto Could One Day Help Diversify Portfolios
Cryptocurrencies could one day help investors diversify their equity and bond portfolios, analysts for JPMorgan Chase wrote in a new, 71-page research report focused on the tech. The report, entitled “Decrypting Cryptocurrencies: Technology, Applications and Challenges” and dated Feb. 9,…
Crypto Jobs? Where We’re Going We Won’t Need Jobs
Kade Morton is a security consultant and open source enthusiast. In his spare time, when he isn’t volunteering for Mozilla, he’s working on his own open-source decentralized application, Aletheia. Follow him on twitter @cypath In a recent CoinDesk op-ed, Sandro Ro…