"The difficulty is coming up with a way to have consensus between different people on the database, so everyone agrees what’s on it. That’s the real innovation that was created. That’s where th... Read More
Here's a paradox.
Cascarilla says: "You’re appealing to the enlightened self-interest. Everyone wants to have a similar database to the other. It doesn’t cost you that much to run a data... Read More
Transactions over the blockchain are also much faster than working through existing systems, so counterparty risk — the risk that the person you're trading with goes bust before you complete ... Read More
Cascarilla says: "In the financial system you don’t actually know because it’s all moving around and there’s many days of settlement risk and it’s very hard to track the actual beneficial own... Read More
Since last August, Nabi has also been a member of a working group looking at how the technology that underpins bitcoin — blockchain — can be used in the post-trade stage of banking: clearing, ... Read More
SEC’s ETF Notice Strengthens Bitcoin Market Position
Most recent notifications by the US Securities and Exchange Commission (SEC) about crypto-based ETFs had negative effects on the market. However, its latest notice in which the SEC turned the table to
Singapore Central Banker: No Securities Crypto Token Approved To Date
The Monetary Authority of Singapore (MAS), the city state's de-facto central bank, highlighted in interview today that no tokens representing securities have been approved to date.
During a firesid
Crypto Exchange Zaif Hacked In $60 Million Bitcoin Theft
Yet another Japan-based cryptocurrency exchange has been hacked, losing a 6.7 billion yen (about $60 million worth of cryptocurrency), including 5,966 bitcoins.
The licensed exchange, called Zaif,
SEC Moves to Make Decision on VanEck-SolidX Bitcoin ETF Proposal
The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).
The SEC published an "