Korean Government Expected to Announce ICO Stance in November, Official Says
The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision ICO Stance Expected in November Hong Nam-ki, Chief...
Church Mining Cryptocurrency to Pay Higher Electricity Rates
The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises. ‘Grace’, the religious organization of the local evangelical community, has been taking advantage of lower prices offered to private consumers to mint digital...
Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange
A report authored by researchers from the Henryk Niewodniczanski Institute of Nuclear Physics has found that Bitcoin is maturing. The report, courtesy of the Polish Academy of Sciences in Krakow, concludes that Bitcoin carries “concrete potential of imminently becoming a regular market” and “an alternative to the foreign exchange.” Also Read: Research: Corporations Fail to Deliver on Blockchain Hype,...
Bitcoin Cash Developers Are Building Tools for Better BCH Fungibility
On Oct. 12 the Bitcoin Cash developer Chris Troutner published a new shuffling protocol concept called Tokenshuffle, a platform that aims to anonymize BCH transactions. Meanwhile, the Cashshuffle project has recently outlined the platform’s roadmap and accomplishments so far. Over the past few months the focus on bitcoin cash fungibility and tools that make blockchain obfuscation possible has become a popular trend among BCH...
Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern
A new report from Greenwich Associates, a provider of market intelligence and advisory services to the financial services industry, tries to answer the question: “Why have the tech and financial industries lagged their own blockchain expectations?” It identifies technical challenges as causing corporations to fail to deliver on the hype they created around a buzzword for database just to ride the coattails of...
