• Bancor co-founder Guy Benartzi’s at the Ethereal Summit in Tel Aviv on September 15, 2019 (Photo by Molly Jane Zuckerman for Modern Consensus).
    Technology

    ‘After the flood comes rainbows and sunshine’: Bancor’s Guy Benartzi on state of the crypto space

    The co-founder of the liquidity-focused blockchain protocol spoke with Modern Consensus at the Ethereal Summit about the possibilities for a multi-blockchain, multi-crypto world

    Bancor co-founder Guy Benartzi’s talk at the Ethereal Summit in Tel Aviv on September 15 was straightforward: he wanted to discuss the company’s Year 3 roadmap, and he wanted to share the new creator.eco platform—built on the Bancor protocol—that helps content creators monetize through a staking system.

  • "It's okay, little man. You'll see a Bitcoin ETF when you're a big boy... maybe." (via Pixabay).
    Cryptocurrencies

    Cboe pulls Bitcoin index fund application—again

    The BZX Exchange had asked the Securities and Exchange Commission to approve an ETF tracking the price of Bitcoin

    Securities and Exchange Commission Chairman Jay Clayton may feel that his agency is getting closer to approving an index fund tracking cryptocurrencies, but it’s apparently not close enough for the Chicago Board Options Exchange, which just withdrew its application to create a Bitcoin EFT.

  • Are rewards points the best use case for blockchain technology (via Wiki commons).
    Technology

    Bringing smart contracts to consumer loyalty rewards programs

    Blockchain-as-a-service provider Loyyal is betting distributed ledger technology can reduce costs and improve customer satisfaction

    Consumer loyalty is a business that Greg Simon, the founder and CEO of Loyyal, thinks is ripe for disruption by blockchain technology, and particularly smart contracts.

  • Bittax VP Or Lokay Cohen at the Ethereal conference in Tel Aviv on September 15, 2019 (photo by Molly Jane Zuckerman for Modern Consensus).
    Technology

    How the IRS is cracking down on crypto taxes: A conversation with Bittax’s Or Lokay Cohen

    At this weekend’s Ethereal Summit, Modern Consensus delved into the murky waters of cryptocurrency taxation and its various pitfalls

    Or Lokay Cohen has been at crypto tax calculation service Bittax since 2016, which means that she may know more about how to file crypto taxes than any other person alive. Lokay Cohen told Modern Consensus that she came to the Ethereal conference in Tel Aviv on September 15 to meet other like-minded crypto people, as she was toying with the idea of using Ethereum-based smart contracts to pay your taxes automatically for the IRS.