November 4, 2019

Canadian Regulators Seize Crypto Exchange Reportedly Owing $16M to Clients

November 4, 2019 boss

Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange. In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had taken action against the Einstein cryptocurrency exchange, which apparently owes more than $16 million to its customers, according to CBC news. Following a BCSC request to the Supreme Court of British Columbia, the court appointed audit firm Grant Thorton Limited to act as the interim receiver on Nov. 1. Per the press release, Grant Thorton entered and…

Aragon Opposes Change to Ethereum’s Mining Algorithm Before 2.0 Version

November 4, 2019 boss

The Aragon community has officially proclaimed itself against ProgPOW. ProgPOW is a proposed protocol change to the Ehereum network that would close the efficiency gap available to application-specific integrated circuits. In a tweet on Nov. 2, the official account of the Aragon project posted voting results, showing that a proposal to block changes to Ethereum’s mining algorithm had passed. ProgPOW would change the Ethereum network’s proof-of-work mining algorithm before the eventual switch to a proof-of-stake model as part of the Ethereum 2.0 roll-out. Aragon, which is an open-source software project…

Roger Ver Apparently Thinks Bitcoin Cash Value Could Increase 100,000%

November 4, 2019 boss

Bitcoin Cash’s Roger Ver took to Facebook to announce that he is giving away Bitcoin Cash (BCH) to further spread the adoption of the fourth-largest cryptocurrency by market capitalization. Bitcoin Cash price to increase by almost 100,000 percent? On Nov. 4, the Bitcoin Cash proponent and former CEO of Bitcoin.com, Roger Ver, said that he will send $5 worth of BCH to all of his Facebook friends, which “could easily become worth $5,000 some day” — an increase of 99,900%. If people are not already part of Ver’s network of…

Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank

November 4, 2019 boss

Multinational telecommunications and consumer electronics giant Huawei has signed a strategic cooperation agreement with China’s central bank, the People’s Bank of China (PBoC). According to a statement from Huawei’s WeChat channel on Nov. 4, PBoC deputy governor Fan Yifei attended the signing of a fintech research cooperation agreement between Huawei and PBoC’s Digital Currency Research Institute at Huawei’s headquarters in Shenzhen. The announcement did not mention details regarding the agreement, or whether it includes joint research on blockchain technology or digital currencies. Huawei has not responded to Cointelegraph’s request for…

Unveils Platform for Minting Enterprise

November 4, 2019 boss

It goes without saying that the blockchain industry has come a long way over the last decade, and it is no wonder that an idea like that of blockchain tokens is finally taking concrete shape. In a new development that is going to cause waves in the crypto sphere, tech behemoth Microsoft announced that it is going to create a platform that is going to help create crypto tokens with ease. Microsoft has stated that creating crypto tokens is going to be made far easier through this platform, and it…

New Official Register in San Marino Recognizes and Regulates Blockchain Firms

November 4, 2019 boss

The Republic of San Marino has officially adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification. Companies can apply for blockchain certification online The project was initiated by San Marino’s fully state-owned tech innovation company, the Institute for Innovation of the Republic of San Marino, Cointelegraph Italia reports Oct. 22. According to local public service broadcaster San Marino RTV, companies in the microstate of San Marino can now apply to be recognized as a blockchain entity via an official form on the official website…

Augur (REP) Surges 35% in the Last 30 Hours; What’s Next?

November 4, 2019 boss

Augur (REP) has spiked over 35% in the last 30 hours. The Forecast Foundation is moving towards accelerating the development of the platform. REP could soon retrace before it continues its uptrend. Augur is on a roll as its price surged over 35% against the dollar in the last 30 hours. The recent announcements regarding new upgrades and products could be directly related to the sudden spike. On the Works During Devcon 5 in Osaka, Japan, Augur founder Joey Krug revealed that Augur v2 is set to launch in Q1…

Augur (REP) Surges 35% in the Last 30 Hours; What’s Next?

November 4, 2019 boss

The North American Bitcoin Conference Returns

November 4, 2019 boss

TNABC and Miami Blockchain Week return to kick off 2020. On the 16th and 17th of January, 2020, pioneers of the global Bitcoin and blockchain community will converge in Miami for a historical conference, continuing to propel cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest-running and most attended finance conference for the Bitcoin, blockchain and cryptocurrency industries with over 20,000 attendees since 2013. Additionally, a key focus of the 2020 conference will be a focus on enterprise, unpacking the new…

Kadena Mainnet Goes Live, New $20M Token Sale Starts Tomorrow

November 4, 2019 boss

The Kadena network, which is led by JPMorgan blockchain veterans, has gone live on Monday, with the firm announcing a new $20 million token sale. Kadena mainnet launch unlocks mining Kadena coins According to an announcement on Nov. 4, Kadena has launched its mainnet Chainweb alongside the Kadena token wallet Chainweaver. The firm is also planning to carry out its third token sale from Nov. 5–Nov. 22. As specified on Kadena’s website, the launch of Kadena’s mainnet means that miners can participate in the Kadena public blockchain network and mine…