• newspapers
    Alt coins,  Bitcoin,  Innovators,  Media,  Ripple,  United States

    Must-reads for October 19, 2018: Ripple exec finds a Harbor, Ticketmaster gets Upgraded, and more

    These are the crypto stories you should be following today

    Ripple’s Head of Information Security Leaves for Token Startup (CoinDesk) Sujay Jaladi is leaving Ripple to go to Harbor, “a startup that provides a compliance platform for issuers of private securities housed as tokens on the blockchain. The company’s R-Token standard (the R stands for “regulated”) is compatible with ethereum’s popular ERC-20 token framework, and, according to Harbor’s white paper, can be used to tokenize interests in real estate, limited partnerships, fine art and other assets areas,” writes CoinDesk’s David Floyd.   Ticketmaster Acquires Blockchain Startup in Bid to Combat Ticket Fraud (CCN) Controversial ticket scalper seller Ticketmaster just bought Upgraded, a startup that uses distributed ledger technology to fight…

  • China's flag and bitcoin
    Asia & Australia,  Bitcoin,  Politics,  Ripple,  United States,  XRP

    Does the White House Prefer XRP to BTC?

    China’s control over Bitcoin network said to make Trump Admin uneasy

    The battle for dominance in the digital asset space just went big. And now it looks like it’ll include political might, too. According to a story in Forbes Tuesday, “Many in the bitcoin and cryptocurrency industry have expressed concern about how much control [mining concentration] gives China over bitcoin, with the Beijing-based Bitmain Technologies mining more than half the world’s bitcoins.” American crypto companies have noticed, as well. In a recent interview in Breaker, Ripple’s Chief Market Strategist Cory Johnson stated that the Trump administration was doing its “homework” regarding China’s dominance over Bitcoin, and more specifically, the mining operations that provide the necessary security for Bitcoin’s blockchain. In recent years China has become…

  • Tether
    Bitcoin,  Canada,  Innovators,  Media,  Ripple,  Tether,  XRP

    Must-reads for October 15, 2018: Tether’s collapse may have just begun

    These are the crypto stories you should be following today

    Newsflash: Bitcoin Surges to $7,500 on Bitfinex Due to Tether Implosion, Real Price $6,700 (CCN) When we broke news that Tether’s former bank, Noble, is in financial trouble and that a large holder of tether had trouble dumping a few million of them, we were originally going to title it “Tether’s collapse may have just begun.” But we didn’t. We should’ve, though. Anyway, you’re seeing a premium in bitcoin versus tether on some tether-only exchanges. You have holders of tether trying to get out by trading them for bitcoin, pushing up the price of BTC on those exchanges. Simultaneously, it’s lowering the price of USDT. At some point, tether—which is…

  • Rya W. Zobel
    Bitcoin,  Cryptocurrencies,  Ethereum,  Opinion,  Regulation,  Ripple,  United States,  XRP

    Judge rules ‘virtual currencies’ are commodities

    Regulatory waters clear as mud

    On October 3, 2018, the U.S. Commodity Futures Trading Commission (CFTC) issued a statement saying that Judge Rya W. Zobel of the U.S. District Court for the District of Massachusetts declared “virtual currencies” are commodities. The order coming from Judge Zobel is one of several rulings and statements that have gripped the crypto-sphere over the last year or so as digital asset creators, their investors, exchanges, and various companies and organizations attempt to gain clarity over whether their distribution, purchase and selling, and use of digital assets is legal in the United States. Unfortunately, the ruling from Judge Zobel and subsequent statement from the CFTC only seems to muddy the waters…