Ten years ago on January 3, an anonymous figure dubbed Satoshi Nakamoto “mined”, or verified, the first block of transactions on the Bitcoin network. In the decade that followed, Bitcoin would face a litany of organized attacks, the price of the currency would collapse 4 times by upwards of 70%, and it would be subjected…
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While the US State of Ohio may have become the first US state to accept cryptocurrencies for tax payments, New York is the first state to form a special cryptocurrency task force that will study how to define, user and regulate digital coins in the most suitable way. New York State Governor, Mr. Andrew Cuomo,…
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Blockchain company Huobi Group has announced that it has released the English language white paper for Huobi Chain, its first public blockchain. Just last week, Huobi DM has expanded its cryptocurrency contract trading services to include EOS. The Singapore-based cryptocurrency exchange has been granted a full Distributed Ledger Technology (DLT) license by the Gibraltar Financial Services Commission…
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The bitcoin / blockchain revolution has undoubtedly arrived. Cryptocurrency enthusiasts will no longer need internet to transact with their digital coins. And while hundreds of startups and companies are trying to disrupt the level-playing field of blockchain services, one firm does it on a whole different level. Blockstream, a "pioneer in Bitcoin and blockchain technologies",…
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Following the Swiss government’s release of an official report on Friday, advocating for decentralised financial transactions to have a place in the Swiss legal code, could this new strategy strengthen Switzerland’s status as a blockchain friendly country? LeapRate reminds that, a few days ago, the Federal Council adopted a report on the legal framework for…
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When we think of regulators, we normally envision government officials auditing financial service firms, incarcerating fraudsters, and generally being a pain in the neck for all those within their purview, but one key part of their mission statement is also to educate the investing public and keep them aware of important trends. In that latter…
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Facebook is on a hiring blockchain spree. The company has started forming a blockchain group in mid-2018, and now has over 40 "blockchain" employees. Facebook was rumoured to be launching its very own digital coin. David Marcus, who was a President at Paypal and a Board Member in Coinbase, has joined Facebook in the blockchain…
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The government of Switzerland has announced that it will create legal environment for the blockchain industry. The strategy aims to position Switzerland as a major blockchain “destination” and a blockchain-friendly jurisdiction. According to Swissinfo, the major focus of the blockchain strategy is for the government to introduce decentralized digital tokens across the business sector, especially…
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Digital legal infrastructure company Monax has just announced the launch of its first blockchain-based game. The name is Marmota Prime and its about winning donations in kind to charitable organisations, such as The Salvation Army, Toys for Tots and Edinburgh's Royal Hospital for Sick Children. Beginning today, new challenges will launch on the platform every 24 hours until…
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LeapRate Exclusive… Last week LeapRate reported that IPC, a provider of networking solutions, has entered a partnership with R3. The team formation has been made in order to support Corda blockchain networks on the IPC Connexus platform. Since this partnership, Corda blockchain applications (a.k.a. CorDapps) have been accessible via IPC’s Connexus Cloud. LeapRate has reached Rob Coole, Director, Product Management at…
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