Europe Will Have Power to Ban Blockchain Tech in January 2018
The European Securities and Markets Authority (ESMA) is responsible for promoting investor protection, orderly markets and financial stability. At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or....
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Thailand is bound to see a sweeping adoption of blockchain technology in a number of areas including finance by the year 2018, according to a report in regional English daily Bangkok Post. The news daily cites a blockchain specialist who sees businesses in Thailand adopting blockchain technology by the year 2018. Beyond its core features in transferring value with transparency and security while maintaining trust, the inexpensive ease in which it can be implemented will encourage businesses to switch over, opines Bhume Bhumiratana, a blockchain tech expert. The cost of development will....
Andreas Antonopoulos and others are perpetuating a misconception about the nature of power by advancing the notion that the most monied institutions on the planet won’t crack the code for their own blockchain-based systems. Antonopolous claims that, if a blockchain is not an “open” — or public — blockchain, then it “ain’t worth shit.” Tell that to the people investing millions, likely soon to be billions, in just that. The question Antonopoulos brings up has little to do with distributed ledger tech, blockchain or bitcoin, but rather the way in which power works in our world. Power is the....
Bitcoin had previously failed to close above $13,000 every day since Jan. 15, 2018.
The beverage maker turned Bitcoin mining company has failed to file its financial reports with the SEC. Shares of Long Bitcoin Corp (LBCC), a beverage company turned cryptocurrency mining company, have been officially delisted by the United States Securities and Exchange Commission, or SEC. The company was ordered to delist its stock after failing for years to produce any financial reports. Long Bitcoin Corp’s last earnings report was for the quarter ending Sept. 30, 2018, according to Bloomberg. Long Bitcoin Corp is registered in the state of Delaware, according to SEC filings. Originally....
Ethereum's native cryptocurrency, ether, jumped to its highest level since early 2018 following a 43% gain last week.