The Financial Conduct Authority (FCA), an independent British watchdog organization, has issued a reporton regulatory issues related to distributed ledger technology and crypto assets. The organization published the document as part of a larger body called the Cryptoassets Taskforce. The report urges UK authorities to take proactive steps to ensure…

IBM and The Smart Dubai Office (SDO) have announced the launch of the “Dubai Blockchain Platform”, the first state-backed Blockchain-as-a-Service (BaaS) initiative in the Middle East. …

A new open-source protocol known as the Open Federated Gateway Protocol (OFGP) has been developed to help crypto-users complete transactions between public blockchains. The new OFGP was developed by iBitcome, a mobile wallet provider, and DEx.top, a decentralized exchange, and promises to improve the interoperability of independently developed blockchain networks. …

USDT

Attention seems to have once again turned to Bitcoin in the light of its tepid but important price action in the last week. Some experts are even predicting major breakout movements. Still, with two months left in the year, Bitcoin is still nowhere near the 2017 highs. …

Ripple Labs announced that it has hired Amir Sarhangi, who until now headed a major mobile project at Google. Ripple is already widely known as the blockchain-based payment network that is allowing financial institutions to easily make cross-border payments. Now, Ripple has hired one of Google’s key figures. Sarhangi originally…

The Shenzhen Court of International Arbitration (SCIA), a body responsible for the resolution of disputes outside of the judicial court system, has defined Bitcoin assets as “legal property”, and thus, Chinese citizens have a right to own and exchange them. The details of the specific case under arbitration concern an…

Recorded Future, a Massachusetts-based cybersecurity company, has released a report highlighting the extent of cryptocurrency scams associated with the North Korean regime. The October 25 expose also claims that North Korea uses cryptocurrency to bypass U.S. economic sanctions with help from collaborators in Singapore. This is one of many recent…

In our previous article, Bitcoin Mining Part 1: Decentralization, Nationalism and the Future of Blockchain, we explored the Bitcoin mining ecosystem to help our readers to better understand the backbone of the Bitcoin Network. We touched upon the concept of decentralization, gave an overview of what Bitcoin mining is, and…