The news, however, is not all bad. In fact, regulators devoted several detailed sentences at the very beginning of the settlement agreement to applauding Ripple Labs’ cooperation and commitment to m... Read More
“I think the CFTC has a very weak case here and it’s a very creative reinterpretation of what the word commodity means,” he said. “The ruling will be challenged, and judges will apply common s... Read More
The report went on to name some of the affected regular people including grandparents who were simply leaving funds for their small grandchildren. The action also forced out of some of the nation’s ... Read More
Overstock CEO Patrick Byrne’s fiery opening speech at Bitcoin 2014 is geared straight at the libertarian spirit of Bitcoin-hardliners. In his philosophical keynote address, the man who was heralded ... Read More
In what amounts to a quit-claim declaration on regulation, US Federal Reserve chairwoman Janet Yellentestified before the Senate Banking Committee that the central bank lacks the authority at present ... Read More
IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing
A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain.
Led by a team at IBM's Watson Research Center, the patent application p
CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud
The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme.
According to a press release iss
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
One of Japan's largest insurance companies, Tokio Marine & Nichido Fire Insurance, and IT firm NTT DATA have completed a trial that put the paperwork for marine cargo insurance claims on a blockchain.
Accenture Puts Software License Management on a Blockchain Platform
Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset.
Accenture announced in a pre