ANALYSIS

Georgia as a Crypto Powerhouse

[ad_1] The former Soviet republic of Georgia, which occupies picturesque mountain valleys and rugged ridges of the Southern Caucasus, has roughly the same population as the state of Connecticut. It is renowned as the birthplace of Joseph Stalin, as well as for being one of the oldest wine regions in the world, its rich and eclectic cuisine, and, more recently, for hosting the world’s third-largest cryptocurrency mining operation.Additionally, an estimated 5%
ANALYSIS

How Iced Tea Company Went Blockchain and Failed Despite a 289 Percent Stock Rise

[ad_1] On March 6, Long Blockchain Corp., previously known as Long Island Iced Tea, reached an agreement to sell its beverage business.In December 2017, the firm rebranded itself to focus on blockchain development and enjoyed a 289 percent boost in its stock. Since then, it has been delisted from Nasdaq, hit with a subpoena by the Securities and Exchange Commission (SEC), made (and then cancelled) mining-related plans, and limited its
ANALYSIS

The SEC’s Guidelines and Statements Show That It’s Slowly Learning to Accept ICOs

[ad_1] Initial coin offerings (ICOs) may be less fashionable than security token offerings (STOs) right now, but that hasn't stopped the United States Securities and Exchange Commission (SEC) from keeping its beady eye trained firmly on them. Ever since it published its investigation into the decentralized autonomous organization (DAO) in July 2017 and declared that ICO tokens can be (and often are) securities, it has been producing a variety of guidelines
ANALYSIS

Blockstream’s MuSig to Improve Bitcoin Transactions?

[ad_1] Following the launch of working code last month, blockchain technology firm Blockstream hopes to successfully develop a new multisignature standard for Bitcoin transactions in the future.Alongside this, Blockstream also released its latest version of its Bitcoin scaling software c-lightning at the beginning of March, marking a busy period for the highly regarded development house.Upgrades to the Bitcoin protocolHistorically, potential upgrades to the Bitcoin protocol (BTC) have been a big
ANALYSIS

Japanese Players Are Going Crypto as the Local Government Is Overseeing the Market

[ad_1] The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in the current monetary system, a topic that was widely discussed by the country’s officials last year.Secondly, major domestic trading company and investment bank, Marubeni
ANALYSIS

Elon Musk’s Complex Relationship With Crypto

[ad_1] Last week, technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant,” adding that digital currency is “a far better way to transfer value than pieces of paper.”Notably, that was perhaps the most straightforward comment on cryptocurrencies and blockchain from Musk so far, as he normally tends to avoid the topic. However, there have been a few encounters between the tech mogul and crypto
ANALYSIS

New York State as a “Tough” Model of Crypto Regulation

[ad_1] Recently the New York Department of Financial Services (NYDFS) granted statewide virtual currency licenses to two applicants: stock trading service Robinhood and cryptocurrency ATM operator LibertyX. The state’s regulatory regime, commonly known as BitLicense, imposes a set of strict disclosure and consumer-protection requirements on any business that offers cryptocurrency-related services to New York residents. Since the framework was introduced in 2015, only a handful of companies had their applications approved
ANALYSIS

More Accuracy, More Transparency and More Efficiency

[ad_1] The evolving relationship between blockchain tech and the health sector has already been thoroughly documented, yet something that's received less attention is the increasing role blockchains are set to have in the health insurance industry. This industry was worth over $600 billion in 2017 in the United States alone, while calculations suggest that as much as $375 billion is wasted every year by American insurance companies as a result of the
ANALYSIS

First Pension Funds Investing in Crypto — a Sign of Things to Come?

[ad_1] Positive moves are being made for investor sentiment in the cryptocurrency space despite a year-long bear market.This comes after $40 million was raised by cryptocurrency investment firm Morgan Creek Digital, which is headed up by its founder, Anthony Pompliano. The crypto-focused hedge fund is part of Morgan Creek Capital, which manages over $1 billion in assets.While the capital raised isn’t record-breaking, the move garnered interest because a portion of
ANALYSIS

Ongoing Economic Crises in Venezuela and Beyond Show That the Idea of Bitcoin as a Store of Value Is Increasingly Catching On

[ad_1] Just when it seemed like the economic and political situation in Venezuela couldn't get much worse, it has. Back in December, the Venezuelan bolívar witnessed its peak annual inflation rate for 2018, with this rate coming in at a dizzying 80,000 percent, according to the calculations of Steve Hanke of John Hopkins University. However, with the United States' imposition of sanctions against Venezuela's state-owned oil company on Jan. 28, and