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![US Government's Massive Archive Explores Blockchain 1 susan yin 647448 unsplash 1 scaled](https://forkast.news/wp-content/uploads/2019/06/susan-yin-647448-unsplash-1-scaled.jpg)
US Government’s Massive Archive Explores Blockchain
Washington, DC — The National Archives and Records Administration (NARA), the agency tasked with preserving the U.S. government’s colossal archive of historical records, wants to use more blockchain. Of immediate interest to NARA, verifying tamper-free versions of documents to guard against deep-fake videos, which are created by machine-learning algorithms that can manipulate images and audio […]
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Coins and the Cayman Islands
“What is a coin?” Lawyers who work in the digital assets space have become very familiar with multiple variations of that question over the last few years. “It depends” is the answer with which issuers have become equally familiar. There is much legal confusion about the exact nature of a coin or token. This […]
![Ethereum (ETHUSD) Testing Daily Chart Upchannel Support 3 EthWeekly June 10](https://forkast.news/wp-content/uploads/2019/06/EthWeekly-June-10.jpg)
Ethereum (ETHUSD) Testing Daily Chart Upchannel Support
Ethereum (ETHUSD) continues consolidating just below the psychologically key 250 level after a torrid H119 bounce. Significantly, although ETHUSD remains positioned to resume pushing higher later this month, ETHUSD appears to be vulnerable to more profittaking this week as it tests upchannel support (on the weekly chart). Note that the two breaks below upchannel support […]
![Big Brewer Invests in Blockchain to Help Small Business 4 tatiana rodriguez 1196504 unsplash scaled](https://forkast.news/wp-content/uploads/2019/06/tatiana-rodriguez-1196504-unsplash-scaled.jpg)
Big Brewer Invests in Blockchain to Help Small Business
Minneapolis, MN – The world’s biggest brewer is increasing its stake in a blockchain trailblazer helping some of the world’s smallest businesses. Anheuser-Busch InBev announced today it boosted its Series A investment in Minnesota-based BanQu (pronounced Bank-You), a blockchain startup working to help entrepreneurs and small-business owners, most in the Third World. Exact terms of […]
![First Big European Football Club Takes Cryptocurrency 5 nathan rogers 558650 unsplash 1 scaled](https://forkast.news/wp-content/uploads/2019/06/nathan-rogers-558650-unsplash-1-scaled.jpg)
First Big European Football Club Takes Cryptocurrency
LISBON — Portuguese champions Benfica are the first major European football team to accept cryptocurrency. Fans can now use crypto to purchase tickets and merchandise directly from the club. “We recognize that many of our supporters are now digital users first, so we want to be ahead of the curve when it comes to adopting […]
![Blockchain Voting Pioneer Voatz Scores Series A Funding 6 element5 digital 1126202 unsplash scaled](https://forkast.news/wp-content/uploads/2019/06/element5-digital-1126202-unsplash-scaled.jpg)
Blockchain Voting Pioneer Voatz Scores Series A Funding
BOSTON — Blockchain voting platform Voatz announced today it raised $7 million in Series A funding, including backing from Medici Ventures, the subsidiary of Overstock.com created to boost blockchain. “Voting is a great application of blockchain technology,” said Medici Ventures President Jonathan Johnson. “Many of the key issues facing the world today cannot be addressed until we have […]
![Facebook's Foray Into Crypto: How It All Began 7 alex haney 1358658 unsplash scaled](https://forkast.news/wp-content/uploads/2019/06/alex-haney-1358658-unsplash-scaled.jpg)
Facebook’s Foray Into Crypto: How It All Began
Adding Blockchain Faces to Facebook: the Acquihire of Chainspace Facebook hired the founding team of Chainspace in Feburary 2019. Chainspace is a blockchain startup developing new technology to scale and speed up the execution of smart contracts on the Ethereum platform. The social media giant seems to be more interested in acquiring Chainspace’s talent than […]
![Facebook to Launch Cryptocurrency? 8 icons8 team 643415 unsplash scaled](https://forkast.news/wp-content/uploads/2019/06/icons8-team-643415-unsplash-scaled.jpg)
Facebook to Launch Cryptocurrency?
Reports say Facebook will announce its rumored cryptocurrency sometime in June, and will allow employees working on the project to take their salary in it. Facebook appointed former PayPal executive David Marcus last year to explore opportunities with blockchain. Insiders say Marcus has focused on a digital currency, which users will be able to store, […]
![US Insurance Giants Team Up on Big Blockchain Solution 9 antonio dicaterina 738197 unsplash scaled](https://forkast.news/wp-content/uploads/2019/06/antonio-dicaterina-738197-unsplash-scaled.jpg)
US Insurance Giants Team Up on Big Blockchain Solution
American insurance giants State Farm and USAA want to use blockchain to speed up auto claims. They’re focusing on the last part of the claims process called subrogation. Subrogation is the legal right that allows one party (e.g., your insurance company) to make a payment that is actually owed by another party (e.g., the other […]
![Can Blockchain Give You A Piece of the Action in World’s Most Expensive Housing Market? 10 patrick tomasso 89367 unsplash scaled](https://forkast.news/wp-content/uploads/2019/06/patrick-tomasso-89367-unsplash-scaled.jpg)
Can Blockchain Give You A Piece of the Action in World’s Most Expensive Housing Market?
HONG KONG — Average investors may soon be able to get a piece of the world’s hottest property market. One real estate giant is considering tapping into the world of blockchain for liquidity. It’s just an MoU at the moment, and certainly it is not unique; as many are exploring selling/investing in real estate with […]
![Ripple (XRPUSD/XRPJPY) Readying to Resume Rally 11 XRP](https://forkast.news/wp-content/uploads/2019/06/XRP.jpg)
Ripple (XRPUSD/XRPJPY) Readying to Resume Rally
Ripple (XRPJPY) is edging higher again as it appears to be readying to play catch up to Bitcoin (BTCUSD) which has outperformed XRPJPY in recent months. XRPJPY will be less bogged down this week by the somewhat overbought conditions slowing BTCUSD’s torrid advance, and has stronger momentum heading into this week. With massive gains on Bitcoin […]
![Blockchain's "Voice" Takes on Facebook 12 robin worrall 749755 unsplash scaled](https://forkast.news/wp-content/uploads/2019/06/robin-worrall-749755-unsplash-scaled.jpg)
Blockchain’s “Voice” Takes on Facebook
Move over Facebook, a new kid is on the block. Voice, a new blockchain-based social media platform, will launch promising users more control over their posts and photos. “The truth is, current social media platforms are designed to use their users,” said Brendan Blumer, CEO of Block.one. “By design, they run by auctioning our information […]
![Putting Medical Data on the Blockchain Could Save Lives 13 cyborg](https://forkast.news/wp-content/uploads/2019/05/cyborg.jpg)
Putting Medical Data on the Blockchain Could Save Lives
To seek diagnoses and treatment, patients have to share with healthcare institutions detailed information, including biological samples from blood tests, scans and other assessments as determined relevant by clinical staff. A patient’s medical history should be a comprehensive collection of such information, kept up-to-date on records secured and accessible to individual patients and their healthcare […]
![Opinion | Sorry, We Don't Accept Cash 14 coins](https://forkast.news/wp-content/uploads/2019/05/coins.jpg)
Opinion | Sorry, We Don’t Accept Cash
Cash is not only not a king, but there is increasing realization among cities and states, that the cost of cash is not worth it. From reducing costs of producing physical money, increasing administrative efficiencies, to even reducing cash-related violent crimes — going cashless is where many are going, including Singapore. I stumbled across a […]
![In Conversation with Charles Hoskinson, Co-Founder of Ethereum and IOHK 15 hoskinson2](https://forkast.news/wp-content/uploads/2019/05/hoskinson2.png)
In Conversation with Charles Hoskinson, Co-Founder of Ethereum and IOHK
How the race to get billions of users onto blockchain has this mathematician thinking about the future of work. Could decentralization be the one thing that actually binds us together. Charles Hoskinson sits down with Angie Lau, in Hong Kong a week after Hong Kong Blockchain Week and shares his vision of how 2019 will […]
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What is Proof of Stake?
Introduction The blockchain revolution is happening so fast, that it too is being revolutionized. Until now, the de facto mechanism to reach consensus on distributed ledgers has been Proof of Work (PoW), in which computers compete to solve fictitious mathematical problems. However, this system wastes a lot of energy and computer power. But now a […]
![Caroline Malcolm, OECD’s Head of Blockchain Policy Center, on International Blockchain Regulation 17 pedro lastra 127540 unsplash scaled](https://forkast.news/wp-content/uploads/2019/05/pedro-lastra-127540-unsplash-scaled.jpg)
Caroline Malcolm, OECD’s Head of Blockchain Policy Center, on International Blockchain Regulation
Key Highlights The regulatory challenge is in how to balance proactively supporting blockchain development while defining the ways in which the regulatory body should protect against downsides Traditional approaches in thinking about regulation from a national level will not be enough; national systems need to work well together and move towards harmonization, even if it’s […]
![LISTEN: Blockchain and its Potential for Social Impact with UNICEF 18 7F1DF3A5 D8D7 4ED4 B621 21F83992E9F1 2490 0000012CD9C1365B](https://forkast.news/wp-content/uploads/2019/05/7F1DF3A5-D8D7-4ED4-B621-21F83992E9F1-2490-0000012CD9C1365B.jpg)
LISTEN: Blockchain and its Potential for Social Impact with UNICEF
Key Highlights As of December 2018, UNICEF has invested into six blockchain companies in five countries UNICEF now accepts cryptocurrency donations and allows donors to easily mine cryptocurrency just by visiting their donation site Across UNICEF’s projects, blockchain technology is being used to improve traceability of donations and to better track outcomes of donated funds […]
![Can Digital Currency End Japan's Economic Malaise? 19 cat](https://forkast.news/wp-content/uploads/2019/05/cat.jpg)
Can Digital Currency End Japan’s Economic Malaise?
Risk-averse, regulation-crazy, deflationary Japan was never an obvious epicenter for Bitcoin trading. And yet the government has openly welcomed the crypto industry, betting that blockchain innovation would catalyze a startup boom and create new wealth and jobs. So should the Bank of Japan (BOJ) go one step further and issue its own cryptocurrency? “This will […]
![Get Right with the Authorities: Bringing Yourself Into U.S. Compliance After an Unregistered ICO 20 library 1](https://forkast.news/wp-content/uploads/2019/05/library-1.jpg)
Get Right with the Authorities: Bringing Yourself Into U.S. Compliance After an Unregistered ICO
In 2017-2018, a wave of “initial coin offerings” (ICOs) swept the global markets, as companies looked for innovative ways to raise capital. The United States regulatory authorities, particularly the Securities and Exchange Commission, took a dim view of these capital raises, however, and cracked down on such unregistered coin offerings. For those companies that joined […]
![LISTEN: Are We Ready for Cryptocurrencies as an Alternative Asset Class? 21 markus spiske 484245 unsplash scaled](https://forkast.news/wp-content/uploads/2019/05/markus-spiske-484245-unsplash-scaled.jpg)
LISTEN: Are We Ready for Cryptocurrencies as an Alternative Asset Class?
Key Highlights As a non-sovereign, decentralized, and digitally native asset, Bitcoin has a strong value proposition to hedge against any risk of a major currency devaluation Cryptocurrency is censorship-resistant; it’s accessible to everyone, and anyone can acquire it, making it powerful for long-term wealth storage for both companies and individual Quantitative easing and the Federal […]
![Can Cryptocurrencies Restore Japan’s Former Economic Glory? 22 sorasak 252182 unsplash scaled](https://forkast.news/wp-content/uploads/2019/05/sorasak-252182-unsplash-scaled.jpg)
Can Cryptocurrencies Restore Japan’s Former Economic Glory?
Key Highlights Introducing digital currencies would allow countries like Japan to incentivize economic behavior, such as putting greater spending power in peoples’ hands Japan’s demographics make it an interesting test case: given its shrinking population and risk-averse culture, what is the balance between harnessing innovative technology like blockchain? Japan currently taxes cryptocurrency gains at 55% […]
![QuadrigaCX CEO Dies, Customers Can't Get Funds: What You Need to Know 23 lock](https://forkast.news/wp-content/uploads/2019/05/lock.jpg)
QuadrigaCX CEO Dies, Customers Can’t Get Funds: What You Need to Know
Edited June 23, 2019 Key Highlights Dec. 9, 2018 — Gerald Cotten QuadrigaCX CEO dies of complications from Crohn’s disease while in India. Dec. 10, 2018 — Jaipur Police release NOC (No Objection Certificate) to Cotten’s widow, allowing her to return to Canada with the body of her husband. Jan. 2019 — QuadrigaCX announces CEO’s death. It […]
![Security Token Offerings: The What and the Why, Vol. 1 24 markets](https://forkast.news/wp-content/uploads/2019/05/markets.png)
Security Token Offerings: The What and the Why, Vol. 1
This is the first part of an insight series by Tanner De Witt partner, Pádraig Walsh, in which he gives his legal perspective on security token offerings. In this article, he starts from the basics, and asks and answers what are security token offerings and why we should care. What is a token? A token […]
![Investors May Flock to Crypto as Central Banks Back Off Interest Rate Hikes 25 markets bw](https://forkast.news/wp-content/uploads/2019/05/markets-bw.jpg)
Investors May Flock to Crypto as Central Banks Back Off Interest Rate Hikes
For investors, risk assets appear more attractive, at least in the near-term, as global central banks walk back plans to raise interest rates. The Federal Reserve’s dovish pivot in recent months has fueled a rebound in stocks. Although some people remain skeptical of the recent rally, investors don’t seem to have many alternatives given the […]
![LISTEN: In Conversation with Karim Sabba, Paris Blockchain Week 26 andreas selter 330331 unsplash 1 scaled](https://forkast.news/wp-content/uploads/2019/05/andreas-selter-330331-unsplash-1-scaled.jpg)
LISTEN: In Conversation with Karim Sabba, Paris Blockchain Week
Angie Lau, Editor-in-Chief of Forkast.News, sits down with Karim Sabba, Co-Founder of Paris Blockchain Week, to discuss how France is trying to grow its influence in the blockchain industry. In the first released episode of “In Conversation With,” Angie Lau speaks with Karim Sabba, French entrepreneur and co-founder of Paris Blockchain Week who sheds light […]
![EXCLUSIVE: Excerpt from “I Sold My Soul in Bitcoins” 27 book cover](https://forkast.news/wp-content/uploads/2019/05/book-cover.jpg)
EXCLUSIVE: Excerpt from “I Sold My Soul in Bitcoins”
I Sold My Soul in Bitcoins, by Jake Adelstein Prologue I sold My Soul in Bitcoins, by Jake AdelsteinBefore the police knocked on the door, they called, and a week before they called, they politely leaked to the Japanese press that they would be arresting Mark Karpeles, the former CEO of failed bitcoin exchange, Mt. […]
![Bitcoin Association of HK: On the Radar for Q1 2019 28 florian wehde 411734 unsplash scaled](https://forkast.news/wp-content/uploads/2019/03/florian-wehde-411734-unsplash-scaled.jpg)
Bitcoin Association of HK: On the Radar for Q1 2019
1. Introducing … JP Morgan Coin? JPMorgan Chase is the largest U.S. bank, sixth largest in the world. It holds over US$2.6 trillion in assets. In the cryptocurrency community its CEO Jamie Dimon is most known for calling Bitcoin a ‘fraud’ and that he’d fire any employee trading Bitcoin for “being stupid.” On February 14, […]
![Bitcoin Prices Settle Above $5K as Crypto Gains More Mainstream Interest 29 btc chart](https://forkast.news/wp-content/uploads/2019/05/btc-chart.png)
Bitcoin Prices Settle Above $5K as Crypto Gains More Mainstream Interest
Bitcoin (BTCUSD) prices fell this week from a 4 month high but remains above the psychologically key $5,000 mark. Longer term investors are increasingly taking advantage of price dips as the overall industry gains more interest from mainstream technology and financial institutions. Facebook is reportedly developing a coin for its WhatsApp messenger app while JPMorgan […]
![We’ve Been Here Before: Framing the Current Bitcoin Cycle 30 framing btc](https://forkast.news/wp-content/uploads/2019/05/framing-btc.jpg)
We’ve Been Here Before: Framing the Current Bitcoin Cycle
Bear markets are painful. Plain and simple. Looking back, there were numerous signs in mid-to-late 2017 a price bubble was forming. But then again, hindsight is always 20/20. It’s important (and if nothing else reassuring) to remember: we’ve been here before. Bitcoin surged more than 10x in the second half of 2013, peaking over $1,000 […]