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South Korea Legitimizes Blockchain Industry With Major New Classification Standards

South Korea Legitimizes Blockchain Industry With Major New Classification Standards

The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. Three Korean ministries –… Read more »

The History of Tezos: The Infamous ICO Trying to Rebound Amidst Lawsuits and Disputes

The History of Tezos: The Infamous ICO Trying to Rebound Amidst Lawsuits and Disputes

On June 30, almost a year after the widely successful ICO — a project that raised $232 million worth of BTC and ETH back in July 2017, setting a record… Read more »

BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money

BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money

The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to… Read more »

Former Jefferies Asia CEO to Lead $1 Billion EOS VC Arm

Former Jefferies Asia CEO to Lead $1 Billion EOS VC Arm

The former CEO in Asia for Jefferies Group LLC, a major global investment banking firm, has joined as head of EOS’ $1 billion venture capital arm effective Thursday, July 5…. Read more »

IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security

IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security

IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5…. Read more »

Deadline for Implementing Indian Central Bank’s Ban on Crypto Dealings Ends

Deadline for Implementing Indian Central Bank’s Ban on Crypto Dealings Ends

The Reserve Bank of India’s (RBI) deadline to implement ban to stop dealing with all crypto-related accounts expires Thursday, July 5, local news outlet The Times of India reports. The… Read more »

Collectable Crypto Game Introduces Personalized Artist-Designed Avatars

Collectable Crypto Game Introduces Personalized Artist-Designed Avatars

The recently-launched collectable crypto game Blockchain Cuties is set to take the personalized gaming experience to the next level, with plans to introduce ultra-customized avatars designed by graphic artists. Users… Read more »

Immutability in Doubt: Do We Need to Protect Blockchain Data?

Immutability in Doubt: Do We Need to Protect Blockchain Data?

On June 12, the state of Michigan introduced a bill imposing criminal penalties for manipulating data on blockchains in order to commit fraud. This is the first attempt in the… Read more »

Huobi Launches Australian Exchange Ahead of Blockchain Investment Plans

Huobi Launches Australian Exchange Ahead of Blockchain Investment Plans

Chinese cryptocurrency exchange Huobi has confirmed trading on its new Australian platform begins today, July 5. The exchange is fourth largest in the world as of press time, with $713… Read more »

Crypto Markets See Small Slump, Bitcoin Keeps Above $6,500 Threshold

Crypto Markets See Small Slump, Bitcoin Keeps Above $6,500 Threshold

Thursday, July 5: crypto markets are seeing some red, with most major coins down up to 3 percent in 24 hours to press time. The total market cap has dropped… Read more »

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