Researcher Nears Launch of Ava, a Crypto & Potential Ethereum Killer

By CCN: The crypto ecosystem often explores which blockchain will emerge as the ‘Ethereum killer.’ So far, no network has been able to muscle the second-biggest blockchain off its perch, but now there’s a new kid in town – Ava, and it has Bitcoin, Ethereum, and even Visa in its sights. Ava is a new cryptocurrency that uses a consensus protocol known as Avalanche, whose creators similar to Bitcoin are anonymous only they go by Team Rocket. Avalanche is designed to combine the “best of both worlds” from the Nakamoto Consensus…

Coinbase Plans US Debit Card Launch, Is ‘Considering’ Margin Trading

By CCN: Coinbase CEO Brain Armstrong conducted a live YouTube AMA today from the company’s New York offices. Presumably, he’s in town for blockchain week, which brought him away from the San Francisco headquarters. Armstrong answered several questions in the session, beginning with one regarding “community trust ratings” for altcoins. Armstrong said that crypto is much like the internet: as more options emerge, better mechanisms of finding the actual high-quality projects need to come along. He pointed out that Yahoo began by manually indexing the web, but later things like…

Coinbase Plans US Debit Card Launch, Is ‘Considering’ Margin Trading

By CCN: Coinbase CEO Brain Armstrong conducted a live YouTube AMA today from the company’s New York offices. Presumably, he’s in town for blockchain week, which brought him away from the San Francisco headquarters. Armstrong answered several questions in the session, beginning with one regarding “community trust ratings” for altcoins. Armstrong said that crypto is much like the internet: as more options emerge, better mechanisms of finding the actual high-quality projects need to come along. He pointed out that Yahoo began by manually indexing the web, but later things like…

Fed’s Endless Printing Press Will Launch Bitcoin to $100,000

By CCN: U.S. financial news and opinion broadcaster Max Keiser is a textbook hodler. For the host of the Keiser Report on RT to dispose of the bitcoin he has been accumulating since 2011, his price target of $100,000 will have to be achieved first. The Fed Triggered This Bitcoin Rally Speaking to Kitco News, Keiser said that since acquiring his first bitcoin eight years ago, he had not sold any of it. According to the broadcaster, this is “because my price target is $100,000 and beyond.” This is not…

Fed’s Endless Printing Press Will Launch Bitcoin to $100,000

By CCN: U.S. financial news and opinion broadcaster Max Keiser is a textbook hodler. For the host of the Keiser Report on RT to dispose of the bitcoin he has been accumulating since 2011, his price target of $100,000 will have to be achieved first. The Fed Triggered This Bitcoin Rally Speaking to Kitco News, Keiser said that since acquiring his first bitcoin eight years ago, he had not sold any of it. According to the broadcaster, this is “because my price target is $100,000 and beyond.” This is not…

Major Ethereum Project Launch from Deloitte Teased at Consensus 2019

By CCN: Consensus 2019 is in full swing; booth and aisles are bustling with people, taking over the Hilton Midtown Hotel. We sat in on sessions with Deloitte, wanting to hear why they recently moved from Ethereum to VeChain. After the panel, we were able to sit down with Antonio Senatore, global CTO of Deloitte’s blockchain project, and discuss the firm’s involvement in blockchain development. Deloitte Commits to Ethereum Despite VeChain Rumors Deloitte hinted that it would launch a “very large” Ethereum project this year. | Source: Shutterstock There were…

Australian Advisory Firm to Launch $250 Mln Digital Securities Offering for Mining Sector

Major Australian capital advisory firm PCF Capital Group has chosen permissioned blockchain ecosystem KoreConX for a $250 million digital securities offering. The news was revealed in a press release shared with Cointelegraph on May 14. PCF Capital is a corporate advisory firm with a focus on serving clients within the mining and resource sector, and has executed 120 mine divestment and project financing mandates for over $2 billion, according to the press release. KoreConX is reportedly a permissioned blockchain ecosystem for fully-compliant digital securities. It comprises a network of broker-dealers,…

Bakkt to Launch Bitcoin Futures in July 2019, Finally

Bakkt expects the soft launch of their Bitcoin Futures product by July, explaining that it intends to iron out any kinks in the coming weeks. They confirmed confirmed working “closely” with the U.S. Commodity Futures Trading Commission (CFTC). It is finally confirmed that Bitcoin futures contracts developed by Bakkt will be listed on “regulated exchanges” sooner than expected – already in July. It was previously reported that Bakkt’s Bitcoin futures launch would be delayed until Q4 of 2019, however, the listing now seems to be ahead of schedule. In their…

South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June

Ground X, the blockchain arm of South Korean internet giant Kakao Corp, has announced the launch date of its own blockchain platform, a Cointelegraph correspondent learned at Consensus 2019 on May 13. Per the announcement, the Klaytn mainnet will launch on June 27, 2019, and will purportedly be a major driver of blockchain adoption in the country. Kakao has a 96% market share in South Korea, with a presence in messaging, gaming, content services, financial services and mobility services. Kakao announced its intention of launching a blockchain platform last March,…

Bakkt CEO Kelly Loeffler Targets July for Thrilling Bitcoin Futures Launch

By CCN: It’s finally happening. The Intercontinental Exchange (ICE), the parent company of Bakkt, has officially filed for bitcoin futures approval with the U.S. Commodity Futures Trading Commission (CFTC), according to a blog post this morning by Bakkt CEO Kelly Loeffler. Although the CFTC hasn’t approved the new platform yet, Loeffler seems confident it will, stating: “…bitcoin futures will be listed on a federally regulated futures exchange in the coming months.” What We Know About the Platform Loeffler sheds some light on the upcoming platform launch in her post. Here’s…