TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- Crypto exchange ShapeShift to shut down Prism in October
Leading cryptocurrency exchange ShapeShift has announced that Prism, its trustless portfolio market platform, will shut down next month. ShapeShift launched Prism in closed beta last year. The platform aimed to give u…
· Business
- Indian government gives go-ahead to Exim Bank’s blockchain research with BRICS-based banks
Indian’s Union Cabinet has given its approval to Export-Import Bank of India (Exim Bank) to conduct collaborative research on distributed ledger and blockchain technology with participating member banks under BRICS. L…
· Technology
- RiskBlock Alliance taps R3’s Corda for risk management and insurance industry’s first blockchain platform
The Institutes RiskBlock Alliance, a blockchain consortium for the risk management and insurance industry, has announced the launch of the industry’s first end-to-end reusable blockchain framework, using the Corda, R3…
· Technology
- FxWirePro: ETH/USD continues downtrend, eyes channel base at 155
(Refer ETH/USD chart on Trading View) ETH/USD moved further south on Wednesday as bears continue to flex their muscles. At the time of writing, the pair is trading 10 percent lower and hovering around the fresh low of…
· Investing
- US judge says ICOs fall under federal securities law in Maksim Zaslavskiy’s case
A federal judge in the U.S. has ruled that a criminal case against two reportedly fraudulent initial coin offerings (ICOs) falls under the scope of the country’s securities laws. In September 2017, the U.S. Securities…
· Regulation
- Crypto exchange Bittrex forms Bittrex International to manage ventures outside U.S.
U.S.-based cryptocurrency exchange Bittrex announced the formation of a new company which will own and manage ventures outside of the United States. Bittrex International, an affiliate of Bittrex Inc., aims to drive t…
· Business
- Bank of Korea analyses price gap between domestic and foreign crypto asset market
The Bank of Korea has published a research note in which it has analysed the causes and implications of the price difference between domestic and foreign crypto asset market. Authored by the bank’s Payment Research Te…
· Insights & Views
- Singaporean crypto exchange KuCoin invests $3M in Bitcoin Australia
Singaporean cryptocurrency exchange KuCoin has invested over $3 million in Bitcoin Australia, The Australian Financial Review reported September 9. The companies have formed a joint venture which will see KuCoin expan…
· Business
- SoftBank, TBCASoft, Synchronoss complete PoC on RCS and blockchain-based mobile payments service
Japanese telecom carrier Softbank, U.S.-based blockchain firm TBCASoft, and Synchronoss Technologies, a provider of cloud, messaging, digital and IoT products, have teamed up on a Proof of Concept (PoC) for a Rich Com…
· Technology
- Coinbase, Circle, Digital Currency Group and others form Blockchain Association
In a bid to create a pro-innovation environment for the blockchain industry, leading crypto and blockchain companies have joined forces to establish Blockchain Association. Founding members include Coinbase, Protocol …
· Technology
- Crypto experts welcome EU’s approach towards regulating cryptocurrency markets
European finance ministers have recently revealed that they do not wish to rush to regulate cryptocurrency market. The officials, who met in Vienna on Saturday, said that they will wait for the results of a thorough a…
· Insights & Views
- Kuehne + Nagel upgrades VGM Portal using blockchain technology
Global transport and logistics company Kuehne + Nagel has announced that it has applied blockchain technology to upgrade Verified Gross Mass (VGM) Portal. Kuehne + Nagel launched VGM Portal in order to offer shippers …
· Technology
- KPMG unveils new U.S. blockchain leadership to expand blockchain strategy
Consulting and audit giant KPMG has announced new U.S. Blockchain leadership, in a bid to expand its blockchain strategy across its core lines of business – tax, audit, advisory, and industries. “In addition to solvin…
· People
- European Commission collaborates with other authorities on regulatory mapping of crypto assets
European Commission Vice President Valdis Dombrovskis has recently revealed that it is working with other supervisory authorities on “regulatory mapping of crypto assets.” Speaking at the informal ECOFIN press confere…
· People
- Uzbekistan to establish government-licensed cryptocurrency exchange
The government of Uzbekistan is seeking to establish the country’s first government-approved cryptocurrency exchange. Uzbekistan Sovereign Wealth Fund (SWF) will be visiting South Korea this month to participate in ‘B…
· Regulation
- SABB becomes first bank in Kingdom of Saudi Arabia to join R3 blockchain consortium
The Saudi British Bank (SABB) has become the first bank in the Kingdom of Saudi Arabia (KSA) to join the global blockchain consortium led by enterprise software firm R3, TradeArabia reported September 11. Headquartere…
· Business
- South Korean banks seek to bring more crypto traders under real-name system – Report
The government of South Korea introduced the real-name system for cryptocurrency accounts in January this year. However, local news outlets have reported that only 40-50% of accounts at top four domestic crypto exchan…
· Regulation
- Nasdaq tests new tool to predict crypto price movements – Report
Nasdaq is reportedly working on a tool that will give institutional investors the ability to predict price movements of crypto assets. A source familiar with the ongoing developments told CoinDesk that the American st…
· Business
- NYDFS approves Gemini and Paxos to offer USD-pegged stablecoin
The New York State Department of Financial Services (NYDFS) has announced that it has authorized Gemini Trust Company and Paxos Trust Company to offer stablecoin, pegged to the U. S. dollar. “These approvals demonstra…
· Business
- R3 blockchain consortium and Ripple Labs reach settlement in XRP token litigation
Ripple Labs, a provider of enterprise blockchain solutions for payments, and XRP II, LLC, have released an official statement on the lawsuit with enterprise software firm R3. “R3 HoldCo LLC, R3 LLC, Ripple Labs Inc. a…
· Business
- Lightyear becomes Interstellar following acquisition of blockchain startup Chain
Lightyear Corporation, a Stellar-focused company, has acquired Chain, a startup focused on building enterprise-grade blockchain products. With this acquisition, both Chain and Lightyear brands will cease to exist and …
· Business
- Citigroup seeks to enable less risky crypto investments – Report
Citigroup has reportedly developed a new, less risky way of investing in cryptocurrencies, Business Insider reported. Sources familiar with the latest development told BI that the banking giant has created a “Digital …
· Business
- FxWirePro: ETH/USD tumbles below 200, bias bearish
(Refer ETH/USD chart on Trading View) ETH/USD broke below the 200-mark and hit a fresh low of 185 on September 9. The pair is trading at 195 levels at the time of writing, forming a gravestone doji pattern on the dail…
· Investing
- New South Wales to trial blockchain-based digital driver licenses
The government of New South Wales has announced that will conduct a trial of digital driver licenses, which will allow participants to use the digital driver license as proof of age and identity. The trial follows a t…
· Technology
- Cointopia secures $3M in seed funding, launches marketplace for blockchain companies and service providers
Cointopia, a curated ICO platform, has raised $3 million in a seed round and announced the launch of a marketplace for blockchain companies and service providers, VentureBeat reported. The company said that the market…
· Business
- FxWirePro: BTC/USD hovers around 5-DMA, consistent break above 1h 100-SMA to see minor upside
(Refer BTC/USD chart on Trading View) BTC/USD managed to close above 78.6% fib retracement of 5880 and 7125.28 on September 9 after it fell to 6094. It is currently hovering around 5-DMA at 6324 at the time of writing…
· Investing
- Quoine seeks to improve liquidity in cryptocurrency markets via Liquid
Cryptocurrency exchange operator Quoine has announced the launch of Liquid, a one-stop crypto trading portal, aimed at increasing the liquidity for crypto markets. Quoine launched Quoinex in 2014, which became one of …
· Business
- Crypto payments startup Wyre acquires Hedgy
Wyre, a US-based crypto payments startup, has announced that it has acquired bitcoin smart contract derivatives platform Hedgy. This marks Wyre’s second acquisition – the first being the acquisition of Chinese payment…
· Business
- Australian financial regulator ASIC to develop new rules for cryptocurrency exchanges
The Australian Securities and Investments Commission (ASIC) has revealed its plans to develop new approach for regulating cryptocurrency exchanges and increase monitoring of initial coin offerings (ICOs) in order to p…
· Regulation
- Engie and Maltem announce new venture to make blockchain more accessible
French energy firm Engie and business consulting group Maltem have come together for a new initiative that aims to democratise the uses of blockchain technology and expand its reach. Engie and Maltem have created “Blo…
· Business
- Digital Currency and Blockchain Weekly Round-up – September 7th, 2018
U.S. SEC Commissioner Hester Peirce calls for dedicated web page on ICOs, cryptos, and distributed ledger SEC Commissioner Hester Peirce has called for a web page devoted to questions and comments about ICOs, tokens, …
· Technology
- China's apex court legally recognizes blockchain-based records as evidence
Electronic data recorded on a blockchain can now be submitted as evidence in legal disputes in China, the Supreme People’s Court announced on September 6. The apex court has announced new rules, which come into effect…
· Regulation
- Blockchain technology set to disrupt charity sector
The United Nations General Assembly declared September 5th as the International Day of Charity in order to raise awareness and promote charitable efforts aimed at alleviating poverty worldwide. Blockchain, the technol…
· Insights & Views
- FxWirePro: BTC/USD hovers around 61.8% fib support, break below to see further downside
(Refer BTC/USD chart on Trading View) BTC/USD managed to close above 61.8% fib retracement of 5880 and 7411.85 on Thursday (Bitstamp). The pair is trading in a narrow range on Friday and hovering around 61.8% fib supp…
· Investing
- Former US Homeland Security official joins blockchain startup Circle
Blockchain startup Circle has announced the appointment of former official at US Department of Homeland Security as the company’s Chief Legal Officer. The announcement comes on the heels of the company’s $110 million …
· People
- TokenPost and Investing.com sign business agreement for strategic partnership
Blockchain media outlet TokenPost has announced that it has entered into a strategic alliance with Investing.com. Founded in 2007, Investing.com is a leading financial portal, with over 20 million subscribers, that pr…
· Business
- New startup taps IBM Blockchain to build app for personal data property rights management
Hu-manity.co, a new startup working to give people rights to their digital property, has announced that it will use IBM Blockchain platform as the foundational technology for its global consent ledger. While the human…
· Technology
- ZEN Investment Trust: Grayscale launches eighth single-asset investment vehicle
Crypto asset management firm Grayscale Investments has announced the launch of ZEN Investment Trust, a single-asset investment vehicle solely comprised of ZEN, one of the top 100 cryptocurrencies by market cap. The ne…
· Business
- FxWirePro: ETH/USD hits fresh 2018 low, bias bearish
(Refer ETH/USD chart on Trading View) ETH/USD fell to a fresh 2018 low of 211 levels on Thursday, continuing the downtrend seen since yesterday. The fall comes amid wider weakness in the cryptocurrency market as a who…
· Investing
- Coinbase to launch new crypto trading pairs for British Pounds on September 7
Cryptocurrency exchange Coinbase has announced that it will launch a number of new GBP trading pairs starting on 7 September 2018. The announcement follows the company introducing support for British pounds (GBP) to U…
· Business