Grayscale Bitcoin Trust may become the first SEC-reporting crypto-based security, potentially signifying a trend for more transparency. On Nov. 19, Grayscale Investments, a subsidiary of Digital Currency Group and the world’s largest digital asset manager, filed a voluntary registration statement on Form 10 with the United States Securities and Exchange Commission on behalf of its…
Read more
Oman Oil and Orpic Group and HSBC Bank Oman SAOG have conducted the country’s first blockchain-based trade finance transaction. Oman Oil and Orpic Group and HSBC Bank Oman SAOG have conducted the first trade finance transaction on the blockchain in the country using R3’s Corda platform. As news publication the Oman Observer reported on Nov.…
Read more
Chinese authorities shut down local cryptocurrency exchange BISS, and arrested 10 people suspected of being involved in its operations. Chinese authorities shut down local cryptocurrency exchange BISS and arrested 10 people suspected of being involved in its operations. Local media Sohu reported on the actions undertaken by Chinese authorities on Nov. 22. However, the date…
Read more
CFTC chairman Heath Tarbert has called for “principles-based regulation” for crypto, advocating for a period of observation. The chairman of the United States Commodity Futures Trading Commission (CFTC) has called for “principles-based regulation” for cryptocurrencies. Heath Tarbert, who assumed his post following former Chairman J. Christopher Giancarlo in July 2019, stated that taking such an…
Read more
In an escalating argument on social media, Changpeng Zhao promises legal action after The Block doubled down on its widely disputed Binance coverage. The CEO of cryptocurrency exchange Binance has vowed to sue industry media outlet The Block over alleged false reporting. In an ongoing Twitter exchange on Nov. 22, Changpeng Zhao, known as CZ…
Read more
This week saw personal data and passwords of GateHub wallet users leaked online, as well as discussions about 80,000 Bitcoins stolen from Mt. Gox. We learned that BTC may dip below USD 7K before the halving (and it did), and miners may or may not be capitulating. Meanwhile, Ethereum managed an ‘insane’ number of transfers…
Read more
Bitcoin futures daily volumes on digital asset platform Bakkt have hit another new all-time high, once again coinciding with a major move in BTC price. Bitcoin (BTC) futures daily volumes on digital asset platform Bakkt have hit a new all-time high, according to data from Intercontinental Exchange (ICE). More than $20.3 million was traded in…
Read more
Grin’s reputation seemingly taking beating in light of the recent allegations put forth by crypto researcher over Mimblewimble protocol. On Nov. 18, crypto researcher Ivan Bogatyy published an article on Medium claiming that he had found an extremely easy way of bypassing Grin’s Mimblewimble privacy protocol. As part of his efforts, Bogatyy stated that he…
Read more
Ethereum co-founder turned Cardano creator Charles Hoskinson said that he expects Bitcoin to be back over $10,000 and reach $100,000 in the future. Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson said that he expects Bitcoin (BTC) to be back over $10,000 and reach $100,000 in the future. In a tweet published on Nov.…
Read more
Both institutional and retail investments are indispensable if crypto is to grow, but it’s likely that in 2020 we’ll see different kinds of investment from different demographics. As experts tell Cryptonews.com, institutional investors might become more important next year and are likely to focus mostly on bitcoin, while retail investors will be more open to…
Read more
