SEC Sets Up Open Line of Communication for Fintech Projects With FinHub

The U.S. Securities and Exchange Commission (SEC) has launched a new office to engage with cryptocurrency and blockchain startups. Called the Strategic Hub for Innovation and Financial Technology (FinHub), the division will make it easier for fintech startups to interact with the regulator on related issues and the legal implications of products before they launch […]

Decentralization Gains Traction: Go-Ethereum Fifth Most Active on Github

Bear markets refine industries. Overall sentiment becomes negative from all angles, and naysayers proclaim that crypto is “dead.” Underneath all the fear, uncertainty and doubt, though, developers are still building. Case in point, Go-Ethereum (or geth), a command-line interface for running an Ethereum node using the Go programming language, is now the fifth fastest growing […]

CME Bitcoin Futures Contract Hits Volume High of 5,053 Contracts in Q3, up by 41%

CME Group announced its average daily volumes in the third quarter. Bitcoin futures ADV rose 41 percent to 5,053 contracts with open interest increasing by 19 percent to 2,873. CME Group Announces Bitcoin Futures Contracts Volume Up By 41% Chicago Mercantile Exchange (CME), described by The Economist as “the biggest financial exchange you have never heard […]

Cryptocurrency Fever is Starting to Fade: Russian Central Bank

Elvira Nabiullina, the head of the Central Bank of the Russian Federation, claimed that investors’ excitement toward cryptocurrency has begun to cool. Her remarks came at the FINOPOLIS innovative financial technology forum. Cryptocurrency Fever ‘Beginning to Disappear’ The famed Russian economist and former economic advisor to the Russian President Vladimir Putin represented businesses’ point of view […]

Could Celebrity-Issued Cryptocurrencies Become a New Trend?

World number two tennis professional, Caroline Wozniacki plans to issue her own digital token with celebrity blockchain platform Global Crypto Offering Exchange (GCOX). Fans of the Danish ace will eventually be able to trade the tokens for various exclusive perks. Celebrity Tokens: Next Big Thing or Blatant Attempt to Cash In? Tennis professional Wozniacki has […]

New BitConnect Class Action Combines All Former Suits — And Targets Youtube

According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U.S. District Court for the Southern District of Florida against BitConnect. The new suit combines all the lawsuits previously filed against the now-defunct pyramid scheme. The new class action names the law firm Silver Miller as the “Class Counsel” […]

Apple Pioneer Steve Wozniak Has Co-Founded a Blockchain Investment Firm

Steve Wozniak, the tech entrepreneur best known as the co-founder of Apple, has joined EQUI Global, a venture capital fund built using blockchain technology, as a co-founder. In a Medium post published by the company, Wozniak said that he will scout for technology companies to find the “tech stars” of the future. He also said that […]