Singapore government develops blockchain based security token system

The Monetary Authority of Singapore (MAS) in collaboration with the Singapore Exchange (SGX) has been developing an automated Delivery versus Payment (DvP) platform. The platform aims to allow the settlement of tokenized securities across various blockchain platforms. The announcement was made over the weekend during which the MAS and SGX...

Ethereum Constantinople hard fork release date set for January 2019

Last month, an initial test of Ethereum's Constantinople hard fork uncovered some consensus issues during its testnet deployment. For this reason, the hard fork which was earlier scheduled for this month will apparently launch on the 16th of January 2018. The new release date was announced on Friday, November 9th during...

Monero fees drop by 97% after ‘Bulletproofs’ upgrade

Last Thursday Monero's blockchain went through the system-wide upgrade known as "Beryllium Bullet". The update to v.0.13.00 slightly altered the consensus mechanism of the blockchain to ensure the network's ASIC resistance following the sudden appearance of CryptoNight ASICs that nearly eliminated GPU-focused Monero miners while also causing concerns for a...

The first central bank-backed crypto exchange in the Middle East to launch in 2019

Rain Financial, a company co-founded by Egyptian investor Yehia Badawy and Saudi blockchain consultant Abdullah Almoaiqel plans to offer an institutional platform and a brokerage for retail crypto investors. After a year in the Bahrain fintech sandbox, Rain has finally opened its public waiting list. The Bahrain sandbox is a...

Nine Bitcoin ETF applications to be reviewed by October 9, says US SEC

Nine exchange-traded funds proposed by three different applicants now have a review deadline on October 9, according to official documents published yesterday by the U.S. Securities and Exchange Commission (SEC). Two of the applications have been submitted by ProShares in collaboration with the New York Stock Exchange (NYSE) ETF exchange NYSE...

CFTC Chairman Giancarlo says cryptocurrency ‘is here to stay’

J. Christopher Giancarlo, the top derivatives regulator in the U.S seems confident that Bitcoin, while it will never replace the dollar it could achieve "significant adoption in the two-thirds of countries without stable currencies". https://twitter.com/CNBCFastMoney/status/1046874045126467585 In an interview with CNBC, the chairman of the Commodity Futures Trading Commission (CFTC), Giancarlo, states...

Trending