Search results: SEC

Key Highlights The inherent differences in policy that result from country-specific priorities and demands lead to opportunities for arbitrage across borders. It is in the interest of all parties involved to prevent this from happening, even if that means compromising on certain rules. The input of drastically different nations on their experiences with regulating cryptocurrency […]

Key Highlights From a regulatory standpoint, there is ample reason for governments and institutions to be interested in the cryptosphere. Giles Ward references how it stands to pose “investor protection and market integrity risks.” Marius Jurgilas, Board Member of the Bank of Lithuania, thinks about the potential for blockchain technology to be used in the […]

Listen to the podcast Key Highlights “Within the G7, within the G20, there’s a lot of concern among governments, and I think that some of the concerns are valid. I mean, some of the concerns have to do with control, of course, but they also have to do with money laundering, and I also think […]

Bitcoin (BTCUSD) appears to be struggling to find support after the Saturday plunge, but on the shorter 4hr timeframe chart (not shown) is showing tentative signs going into the European Sunday morning of bottoming.  BTCUSD’s break below upchannel support (on the weekly and arguably on the daily chart) seemingly suggests stronger selling this week, but […]

Key Highlights “There is, from an enterprise standpoint, a desire to engage in this new technology and in this ability to move money globally without any barriers at a very efficient cost basis. Speed is what the market is looking for, particularly as we move towards a global organization. Governments are still trying to regulate […]

Key Highlights “There is, from an enterprise standpoint, a desire to engage in this new technology and in this ability to move money globally without any barriers at a very efficient cost basis. Speed is what the market is looking for, particularly as we move towards a global organization. Governments are still trying to regulate […]

Facebook just did the unthinkable in the Donald Trump era: give America’s Republicans and Democrats something on which to agree. Same with the Group of Seven nations taking a dim view of the social media giant minting its own money. US President Trump declared that Libra, Facebook’s proposed virtual currency, “will have little standing or […]

It wasn’t even on the agenda last year. Ling Wu, Founder and CEO of TBCASoft, tells us why blockchain is taking the Shanghai Mobile World Congress 2019 by storm. Wu is the Chairman of the Carrier Blockchain Study Group (CBSG) Consortium, an initiative between TBCASoft and SoftBank to build a cross-carrier blockchain platform with leading global telecom operators. […]

It wasn’t even on the agenda last year. Ling Wu, Founder and CEO of TBCASoft, tells us why blockchain is taking the Shanghai Mobile World Congress 2019 by storm. Wu is the Chairman of the Carrier Blockchain Study Group (CBSG) Consortium, an initiative between TBCASoft and SoftBank to build a cross-carrier blockchain platform with leading global telecom operators. […]

Bitcoin (BTCUSD) has bounced back above 10k in the past few days after dipping below the psychologically key whole figure level last week.  Although the weekly RSI and Stochastics are turning down from overbought levels, which when combined with the weekly MACD trying to negatively cross seemingly suggest bearish momentum, any further downside this week […]

This week, NEO, an open-source blockchain platform based in China, announced “a partnership to build an open cross-chain platform and establish the foundation for next-gen Internet.” Both NEO and Ontology were founded by Da Hongfei and Erik Zhang.  Interoperability is significant in world of blockchain because the future of the distributed web lies in the ability […]

Ethereum (ETHUSD) is under growing pressure as it enters a new week, and is arguably breaking upchannel support (on the daily chart).  Bulls should not rule out a deeper slide further below daily chart upchannel support (as hinted by the weekly Stochastics turning down from overbought levels).  A deeper reversal will likely find initial support […]

Taiwan faces an existential threat. It is a nation that is dependent on exports, but like other developed nations, recognizes that in order to survive, it needs to champion high-technology industries as labor-intensive industries leave for nations with cheaper workforces like Vietnam or China. Could blockchain and cryptocurrency be part of the answer? Jason Hsu […]

Taiwan faces an existential threat. It is a nation that is dependent on exports, but like other developed nations, recognizes that in order to survive, it needs to champion high-technology industries as labor-intensive industries leave for nations with cheaper workforces like Vietnam or China. Could blockchain and cryptocurrency be part of the answer? Jason Hsu […]

What is blockchain? And why does it matter?  Simply put, blockchain (a form of distributed ledger technology) scales trust. If you were explaining why blockchain matters to your mother, you might tell her that she will no longer need to go through a bank to make a payment to the electric company. Or go to […]

Changpeng Zhao, better known as CZ, is one of the most influential figures in cryptocurrency / blockchain circles. From flipping burgers at McDonald’s to getting his computer science degree at McGill University, to now Founder and CEO of Binance; CZ has built one of the world’s largest cryptocurrency exchanges. In this unreserved 40-minute conversation, CZ […]

Ethereum (ETHUSD) is under pressure as it enters a new week, and currently testing upchannel support (on the daily chart). Bulls should be prepared for a potential break below daily chart upchannel support, where a deeper reversal will likely find initial support at the 38.2% Fib retrace of the May-June bounce.  Note that the two […]

In a candid conversation, Co-Founder and CEO of BitMEX Arthur Hayes defends why BitMEX is set up in Seychelles, the promise of blockchain for everyone, why ICOs are not a problem, and why his industry is not a “scam.” This self-proclaimed “economics-history nerd” and former Deutsche Bank banker, who joined then lost his job at […]

Forkast.News Editor-in-Chief Angie Lau sits down with Peter Lin, CEO of AAX at the Mobile World Congress in Shanghai for this episode of “In Conversation With” Lin is about to launch a new digital asset exchange using London Stock Exchange trade-matching technology to provide an institutional grade platform to attract investments from hedge funds and […]

Bitcoin (BTCUSD) is trying to resume its massive rally but remains vulnerable to a deeper slide this week with the weekly RSI and Stochastics overbought, and the daily MACD hinting at a negative crossover attempt. On the weekly chart, BTCUSD is above former upchannel resistance, with BTCUSD attempting to trade within a larger range defined by […]

TALLINN, Estonia – Innovative trading platform Geco.one launched its Initial Exchange Offering (IEO) today. Geco.one is novel because lets users invest with a professional cryptocurrency trader. Any user can select a trader on the platform and let that trader manage their assets. The trader combines the assets with their own trades. The company says since […]

Taiwan’s Financial Supervisory Committee (FSC) has recently released guidance on STO rules. What does this mean for the regulation in Taiwan, particularly as it emerges as a hub for blockchain growth and development? Angie Lau, Editor-in-Chief of Forkast.News sits down with Sam Reynolds to learn more. Read the related piece from Sam Reynolds: Innovation versus […]

Key Highlights Osaka may be the “Crypto Bretton Woods” in terms of significance to the global economy Unlike the current economic system, crypto is “rising from the ground up” and is being forced on the global elites “Science-fiction is becoming fact and happening in a way they [governments] can’t ignore.” In the latest episode of […]

Ripple (XRPUSD) is bumping up against ascending triangle resistance (on the daily chart) and the psychologically key 0.5 whole figure level. A break above this multiple resistance zone in the next week or so will likely be quickly followed by a test of the psychologically key 0.75 level. XRPUSD is a prime candidate in the next few […]

The recent move by the U.S. government to blacklist Huawei has been causing a lot of commotion.  The decision by the U.S. to ban Huawei has invited speculation as to the reasoning, although the main point cited by the Trump administration is the issue of national security. While the whole situation is multi-faceted, the trepidation […]

“Knowledge is power” is a phrase you may have heard once or twice in your lifetime. Today, I’d like to propose a bit of a 21st century twist on the saying — “data is knowledge and knowledge is power, therefore data is power.” Easy enough, right? We are living in a time where our data […]

Taiwan is known as a hub for semiconductors and technology, but not finance. While neighboring Hong Kong has HSBC, and Singapore to its south has DBS, Taiwan’s financial sector — mighty on paper in its own right with approximately $1 trillion in financial assets on the books — lacks the global cachet of its neighbors. […]

Facebook’s proposed cryptocurrency faced strong political headwinds from U.S. lawmakers. Democratic Rep. Maxine Waters, chair of the House Financial Services Committee, demanded Facebook stop development of Libra, the cryptocurrency the company unveiled on Tuesday. “Given the company’s troubled past, I am requesting that Facebook agree to a moratorium on any movement forward on developing a […]

The specter of Facebook clicking “like” on Bitcoin adds fuel to what can best be called a resurrection rally. Left for near dead a few months ago, the best-known crypto asset boomed partly on reports Mark Zuckerberg would unveil a digital currency. Now that Facebook’s Libra is out, it could be stellar news -– a […]

Armonk, NY — IBM, KPMG, Merck, and Walmart have been picked by the United States Food and Drug Administration to develop a blockchain system to improve drug safety. The four corporate giants will work together on a solution to track and trace some prescription medicines and vaccines as they move through the supply chain. Each company […]

Key Highlights In lieu of being open source, Hedera Hashgraph aims to bring stability to its platform Hedera Hashgraph’s cryptocurrency is called HBAR Listen to the full podcast version of this interview Transcript of Part II But Hashgraph in of itself is patented… Hashgraph is an algorithm, correct. The IP for Hashgraph is privately owned. […]

Key Highlights Hashgraph is an alternative to blockchain Hashgraph optimizes both security and performance Listen to the full podcast version of this interview Transcript of Part I In conversation with Mance Harmon, Co-Founder and CEO of Hadera Hashgraph, and also a course director for cyber security at US Air Force Academy. He’s also a Program […]

Key Highlights Fundraised $100M at a $6B valuation Hedera Hashgraph has proposed a new regulatory language Listen to the full podcast version of this interview Transcript of Part III Well, it’s very exciting in the space. You raised 100 million dollars on a 6 billion dollar valuation. What are you doing with 100 million dollars? […]

Key Highlights Hedera Hashgraph will devote capital from the fundraise to grow enterprise sales and double down on regulatory The governing body for Hedera Hashgraph was designed to be distributed and representative of all constituencies from a global perspective Listen to the full podcast version of this interview Transcript of Part IV Liquidity and market. […]

Key Highlights Hedera Hashgraph is focused on enterprise solutions of distributed ledger technology (DLT) adoption Several large brands, including Nomura, Deutsche Telekom, Swisscom, and DLA Piper are already users of Hashgraph Listen to the full podcast version of this interview Transcript of Part V What’s the road map for you? Testnet, Mainnet, what do we […]

Facebook today unveiled its long rumored cryptocurrency, which will be known as Libra, and you won’t need a Facebook account to use it. That’s because Facebook says it wants to help those without bank accounts. “Libra holds the potential to provide billions of people around the world with access to a more inclusive, more open […]

Key Highlights Hashgraph is an alternative to blockchain Hashgraph optimizes both security and performance In lieu of being open-source, Hashgraph aims to bring stability to its platform Hedera Hashgraph’s cryptocurrency is called HBAR Fundraised $100M at a $6B valuation Hedera Hashgraph has proposed a new regulatory language Hedera Hashgraph will devote capital from the fundraise […]

Calgary — The Southern Alberta Institute of Technology (SAIT) will be the first post-secondary institution in Canada to issue digital diplomas through blockchain. More than 4,800 graduating students in SAIT’s Class of 2019 will receive blockchain-based documents along with their traditional parchments. Fittingly, the idea was inspired by a group of students. “Last year we […]

Bitcoin (BTCUSD) is resuming its uptrend after spending the first 2 weeks of H219 consolidating in the ~7500-8500 range, with BTCUSD bulls now eyeing the next major psychologically key whole figure level of 10k.  Although overbought on the weekly and daily Stochastics, the upsloping weekly MACD suggests any dip this week towards uptrend/ascending wedge support […]

Legal & General, Britain’s largest manager of corporate pensions, today announced the launch of the first reinsurance platform driven by blockchain. Known as ‘estua-re,’ it will initially be used to handle bulk annuities, which involve L&G taking over companies’ defined benefit or final salary pension schemes. “We believe that blockchain is uniquely suited to the […]

“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) 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 […]

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 […]

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 […]

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 […]

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 […]

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 (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 […]

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 […]

Key Highlights Open-sourced platforms face bottlenecks In a truly decentralized community where there is no direction or leading voice, it can be difficult to gain consensus and make progress; establishing governance for a more disciplined and coordinated team can quicken decision-making and maintain quality Creating a bridge between centralized and open-source blockchain is a critical […]

Key Highlights Cardano is now looking at Vietnam, Cambodia, Malaysia, and Indonesia for expansion Hoskinson is thinking about Samsung S10, digital identity, and how to manage a public-private key pair for cryptocurrency Listen to the full podcast version of this interview Transcript of Part V At Cardano, you’re moving towards shaping that part of the […]

Key Highlights Hoskinson says using open-source is a prerequisite to get governments and universities to adopt a system Blockchain allows the producer and the consumer to find each other, and interact as if Uber or Airbnb existed, but without these middlemen  Listen to the full podcast version of this interview Transcript of Part IV The […]

Key Highlights Cardano is both a cryptocurrency and a decentralized computing platform Cardano is often criticized for building its smart contract platform on Haskell, a programming language used mainly in academia in which programmers are difficult to find Hoskinson says Haskell is more precise and helps secure open-sourced blockchain to internet-based platforms Listen to the […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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% […]

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 […]

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 […]

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. […]

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, […]

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 […]