Exchange giant Coinbase is seeking a trademark for “BUIDL,” a popular term used by some segments of the cryptocurrency community, public records show. In an Oct. 2 filing with the United States Patent and Trademark Office (USPTO), the San Francisco–based tech unicorn wants “BUIDL” to become one of the company’s protected brand names. “Now’s the time to BUIDL, not HODL,” a rallying cry in the blockchain developer community first noted on CoinDesk in 2015, is meant to suggest that building real-world use cases is just as valuable as the hoarding of crypto…
Day: December 6, 2018
Coinbase Wants to Own ‘BUIDL’ Trademark, Filing Reveals
Exchange giant Coinbase is seeking a trademark for “BUIDL,” a popular term used by some segments of the cryptocurrency community, public records show. In an Oct. 2 filing with the United States Patent and Trademark Office (USPTO), the San Francisco–based tech unicorn wants “BUIDL” to become one of the company’s protected brand names. “Now’s the time to BUIDL, not HODL,” a rallying cry in the blockchain developer community first noted on CoinDesk in 2015, is meant to suggest that building real-world use cases is just as valuable as the hoarding of crypto…
Don’t Wait on Bitcoin ETF, Could Take Days to Years
Since early 2018, the approval of a Bitcoin exchange-traded fund (ETF) has become the catalyst of the next bull run of crypto to the mind of many investors in the market. A Bitcoin ETF could certainly increase the liquidity of the dominant cryptocurrency in the U.S. market as it would allow both institutional and retail investors to securely and efficiently invest in the asset class without running in conflict with local regulations. However, according to pro-crypto U.S. Securities and Exchange Commissioner (SEC) Hester Peirce, the approval of a Bitcoin ETF…
The Story of Malaysia’s Crypto Political Fundraising Platform
The ongoing controversy surrounding Malaysia’s proposed political cryptocurrency, Harapan Coin, is far from letting up. On Nov. 26, the country’s finance minister, Lim Guan Eng, weighed in on the issue by reiterating that any entity looking to issue a cryptocurrency should first refer to Bank Negara Malaysia (BNM) and the Securities Commission: “Don’t do it without Bank Negara’s guidelines or directive on the matter to avoid doing something wrong and against the law.” During the same press conference, Lim Guan Eng also said that he had asked a government official — who has…
Bitwise Launches Bitcoin, Ethereum Beta Funds to ‘Capitalize’ on Market Downturn
Digital asset manager Bitwise has launched two new beta funds for Bitcoin (BTC) and Ethereum (ETH), according to a press release Dec. 5. The launch of the new products –– both pitched as an opportunity for investors to “capitalize” on the bear market –– aims to provide a “low-cost” and “liquid” means of capturing returns on both high-profile assets, which are currently trading 81 and 92 percent respectively below their all-time highs. Bitwise CEO Hunter Horsley issued a statement accompanying the launch of the new funds, suggesting that investors now…
Overview of Salaries, Taxes and the Most In-Demand Jobs
Over the past months, the cryptocurrency market has been demonstrating bearish sentiment, with crypto prices falling to a yearly lows. This is making some blockchain companies rethink their business models and cut employees. However, the slump didn’t prevent the blockchain industry from experiencing a human resources boom, as evidenced by an active growth of vacancies associated with blockchain and digital assets, according to the latest study by recruiting site Glassdoor. Increase in demand for blockchain-related jobs As estimated by LinkedIn analysts, 645 vacancies tagged with the words “blockchain,” “Bitcoin,” or…
How Crypto Incentives Work, Explained
3. One could argue that PoS provides a double incentive. Here, the onus changes to “staking,” where miners have a better chance of being chosen to add a block to the chain — and hence get rewarded — depending on how many coins they possess. As well as being motivated to invest in a platform and support a currency to increase their profitability, there are the rewards to think about on the horizon. Although it has addressed some of the issues inherent in the PoW protocol — namely the extraordinary…
Huobi Gains Gibraltar DLT License, Plans Global Exchange Rollout in 2019
Major Singapore-based cryptocurrency exchange Huobi has gained a so-called Distributed Ledger Technology (DLT) license in Gibraltar, a press release shared with Cointelegraph confirmed Dec. 5. Huobi, which is leveraging the U.K. territory’s encouraging regulatory perspective on the cryptocurrency industry, will use its new status to launch an international platform geared to both retail and institutional traders, the release states, stating: “The new license gives Huobi the authority to store and transmit digital assets on behalf of clients worldwide.” In so doing, it will compete with fellow exchanges including Binance, Bittrex…
Institute Announces Australia’s First Fully Accredited Blockchain Courses
Australia’s first and fully accredited blockchain course is here. Developed by Australian institute Blockchain Collective and titled the ‘Advanced Diploma of Applied Blockchain,’ the course comes with eight modules, including six core modules and two electives, Australia’s Finder reports. The educational institute stated that the course would be delivered through registered training bodies, intensive learning retreats and online classes. The course is Australia’s first blockchain course to be fully accredited by the Australian Skills Quality Authority (ASQA), making it the first formal and nationally recognized blockchain course in Australia. Nathan…
Binance to Hold Inaugural Blockchain Week in Singapore
While the bears continue to pound the markets into the ground the builders and innovators of crypto and blockchain soldier on. Binance is one of those industry leaders and it has recently announced a week long blockchain conference in Singapore to showcase the technology. A Week Of Blockchain and Crypto Goodness The first Binance Blockchain Week will run from 19th to 22nd of January 2019 at the Sands Expo & Convention Centre in Marina Bay Sands. According to the company announcement 2,000 attendees are expected from around the globe. The…