Care Bears, Roger Ver, and Tesla Scammers: Bad Crypto News of the Week
Check out this week’s Bad Crypto Podcast.
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How to Help ICOs Go Legit
Julio Faura is the head of blockchain research and development at Santander. Much is being written these days about the need to regulate initial coin offerings (ICOs) and – to the extent possible – access to cryptocurrencies. With close to $350 billion in (theoretical) market value, cryptocurrencies have started to hit the mainstream, and it…
Russian bank Sberbank plans to launch its stablecoin in about a month
Sberbank, the largest state bank in Russia, submitted an application to the Bank of Russia to introduce a blockchain platform for their stablecoin “Sbercoin”. Sergey Popov, Head of Sberbank’s transaction business, announced the news on January 21 at a local financial event, the Russian news agency reported Interfax. in the “Digital Transformation and Prospects for…
The largest banks in the world restrict their activities in Hong Kong for political reasons
Large international banks such as Credit Suisse and HSBC examine their clients in Hong Kong amid protests over National Security Law supported by China. According to a report by Reuters this July 19, global banks, including Credit Suisse, HSBC, Julius Baer and UBS, They are now evaluating their customers in Hong Kong on possible connections…
Coinbase Discloses Corporate Data In Response to NY Crypto Inquiry
Coinbase, the U.S.-based cryptocurrency exchange startup, has publicly shared part of its response to New York Attorney General Eric Schneiderman’s ongoing inquiry. “We applaud the [Office of the Attorney General] for taking action to bring further transparency to the virtual currency markets,” Coinbase’s chief legal and risk officer Mike Lempres wrote in a five-page letter….
BitFlyer holds its first virtual general meeting with its blockchain-based voting application
BitFlyer Holdings, which manages one of the largest cryptocurrency exchanges in Japan, held its general meeting on Friday and used a blockchain voting app for the first time. In the “new normal” where social distancing is required Blockchain technology finds another use case. The voting application called bVote was developed by the subsidiary BitFlyer Blockchain….
The Japanese company Layer X Labs is developing a blockchain-based electronic voting protocol
The Japanese company Layer X has announced this Development of an electronic voting system based on a blockchain protocol as part of a wider “Smart City” initiative by the city of Tsukuba. The Tokyo-based company said The new system meets the technical requirements of electronic votingThese include the prevention of double votes, the accurate storage…