Posts in category

Digital assets


The cryptocurrency ecosystem has continued to take some major hits lately, causing many investors and holders to rethink the way they trade their crypto assets. Several high profile cryptocurrency hacks have made the news in the past few years. In one of the most recent hacks, the Japanese cryptocurrency exchange, Coincheck lost more than $500 …

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Po.et, a blockchain startup that allows content creators to create time-stamped titles for their written, visual and audio work, has announced Jarrod Dicker, who has held positions at the Washington Post, Time Inc. and Huffington Post, as its new CEO. It may be the perfect match. Po.et wants to change the way content creators manage …

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TEND, an ethereum-powered marketplace for sharing “tokenized” luxury goods, has partnered with a Porsche dealer based in Switzerland’s “Crypto Valley” to put a sports car on a blockchain. The startup’s founder, Marco Abele, who previously served as chief digital officer for Credit Suisse, told CoinDesk that TEND is collaborating with Porsche Zentrum Zug in order to offer …

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If you are one of the 81 million people who use WordPress to publish content, you’ll soon be able to automatically timestamp your works within the WordPress content management system using the new Po.et plugin. February 8, 2018 marked the launch of Frost, an open API and set of developer tools from Po.et that will …

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Concerns are growing as to whether tether (USDT), the stable token pegged to the dollar, is backed by actual U.S. dollars. And recent scrutiny by U.S. regulators is doing nothing to allay those fears. As of this writing, the number of USDT in circulation is 2.2 billion. That means Tether should have a matching number …

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The Twitter account of “Bitfinex’ed,” the pseudonymous online critic of the world’s largest Bitcoin and cryptocurrency exchange, was suspended today. The blogger says his tweets were being reported and his account was being spammed with hundreds of thousands of fake followers, and he thinks Bitfinex is behind it. (Bitfinex nor its public relations firm, 5W, …

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Blockchain startup Templum has acquired Liquid Markets Group’s broker-dealer and alternative trading system Liquid M Capital LLC. The regulated “tokenized asset” trading platform hopes to enable users to trade cryptocurrencies in compliance with U.S. securities regulations, notably treating digital assets as securities, the company announced in a press release today. Prior to the acquisition, Liquid …

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Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has announced that it will comply with an order from Japan’s Financial Services Agency to improve its business operations. On Friday, January 26, 2018, Coincheck was hacked, resulting in the loss over over $530 million USD worth of NEM (XEM) …

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What is Ripple? Technically speaking, is Ripple a cryptocurrency in the mold of Bitcoin? The short answer is probably “no,” but that doesn’t stop it from often being lumped into that same category. What is Ripple? Originally released in 2012 as a subsequent iteration of Ripplepay, Ripple is a real-time gross settlement system (RTGS), currency exchange …

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On January 13, an unknown hacker(s) hijacked the DNS server for BlackWallet.co, a web-based wallet for the Stellar Lumens cryptocurrency, and redirected it to their own server. Security researcher Kevin Beaumont, who analyzed the code, said, “The DNS hijack of Blackwallet injected code, if you had over 20 Lumens it pushes them to a different …

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In a recent article on the basics of bitcoin and other cryptocurrencies (PDF), Aleksander Berentsen and Fabian Schär of the Federal Reserve Bank of St. Louis cover the usefulness of bitcoin and other alternative cryptoassets. Throughout the article, Berentsen and Schär make the case that cryptoassets are well suited to become a new, important asset …

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In December 2017, an interesting rumor surfaced: According to “sources familiar with the matter,” the messaging app Telegram, very popular among crypto-enthusiasts for its strong encryption and privacy features, would launch its own blockchain platform and cryptocurrency. On January 8, 2018, TechCrunch reported that several unnamed sources had confirmed the news and quoted a secret …

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Kodak, the iconic photography company first established in in the 1880s, has joined the blockchain and ICO age. Today, January 9, 2018, it announced a new blockchain-based platform with WENN Digital to empower and protect image makers, photographers and artists. The new platform, known as KodakOne, will enable users to register their work and license …

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Juan Antonio Ketterer and Gabriela Andrade specialize in financial markets for the Inter-American Development Bank, the largest source of development financing for Latin America and the Caribbean. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Improving access to productive finance in Latin America and the Caribbean is the bottom line of our work. …

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The idea of “Fedcoin,” a cryptocurrency sponsored by the U.S. government and managed by the Federal Reserve, has been around for quite some time. “Imagine that the Fed, as the core developer, makes available an open-source Bitcoin-like protocol (suitably modified) called Fedcoin,” a Federal Reserve VP speculated already in 2015. The idea gained traction also in Europe in connection …

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“Forkcoins,” or “Initial Fork Offerings” — alternative coins that “split off” from Bitcoin — are all the rage right now. The latest trend in the cryptocurrency world was kicked off last summer with the launch of Bitcoin Cash. The Bitcoin offshoot is a top 3 cryptocurrency by market cap according to websites like Coinmarketcap. Perhaps …

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High Fidelity is announcing the launch of Avatar Island, a VR domain where High Fidelity users can purchase items for their avatars, all contributed by digital artists from around the world. High Fidelity is a next-generation platform for Virtual Reality (VR) worlds developed by Philip Rosedale, the creator of the once very popular Second Life. …

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The new Bitcoin-based, multi-signature wallet from Abra is being released hot on the heels of their recent funding announcement, supporting ether and 52 fiat currencies. Now, after running our service for the past few months with tens of millions of dollars of funds, we’re ready for commercial deployment of our multi-signature solution. — CEO Bill Barhydt The new …

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Tether, a cryptocurrency pegged 1-to-1 to the U.S. dollar, was allegedly hacked today to the tune of $31 million. Tether functions to convert U.S. dollars to a type of cryptocurrency. The project’s token (USDT) is pegged to the dollar and is used in exchange trading. The idea behind Tether is that instead of having to …

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While trading of crypto-assets is booming, some investors are looking for options to trade traditional assets like stocks via cryptocurrencies. Three new operators are among those developing trading platforms to meet this need, with blockchain-based tokens pegged to the underlying assets. Ankorus Ankorus is establishing a platform that will permit trading traditional assets, including stocks, …

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