• Bitcoinist decided to dig deeper into the SEC’s newly issued guidance on Initial Coin Offerings (ICOs) and its implications for investors. We chatted with three legal experts, namely Alfredo Silva, Joshua Ashley Klayman and Daniel Kahan. Joshua Klayman is a founding member and the head of MoFo’s Blockchain + Smart Contracts Group. Her practice focuses on finance and corporate matters including advising on leveraged finance transactions, commercial transactions, and corporate governance matters. Daniel Kahan is an

    Legal Experts: Investors May View SEC’s Statement as Validating ICO’s

    | 2017/08/02 8:00 am
  • Exactly one week ago, the SEC issued a report concluding that certain token sales could be considered securities, and hence were subject to regulation. Today, the Monetary Authority of Singapore (MAS) issued a similar statement, clarifying that, in some cases, Initial Coin Offerings (ICOs) were essentially equivalent to securities, and should fall under the same regulatory procedures. I can’t help but feel slightly responsible. After all, just five days before the SEC report was published,

    ICO Haven Sent Packing; Singapore follows SEC Lead to Regulate Securities-type Token Sales

    | 2017/08/01 5:15 pm
  • Blockchain’s ‘killer app’ might not just be smart contracts, but big data. Blockchain technology can drastically change the way how big data is handled and analyzed. Taking Big Data to the Next Level Smart contracts have been the main “vehicle” that drives blockchain innovation to new heights. The most common use of smart contracts are Initial Coin Offerings (ICO), and they have proven to be an extremely safe and effective method for fundraising. But smart

    When Blockchain and Big Data Come Together It’s Going to Be a Game Changer

    | 2017/07/30 10:45 pm
  • The meeting over, Griff went back to his desk to find his messaging app urgently blinking. He cast his eyes cautiously around at his colleagues. The company he founded, Giveth, was a blockchain startup, creating a transparent accounting system for charities: hashtag, making the world a better place. He smiled. Everyone was occupied in their own thoughts. He clicked the flashing icon. “Something big going down. Vulnerability in Parity wallet. $32m already gone.” …He stood

    Achieving Parity (or How to Save $85M in Your White Hat)

    | 2017/07/27 4:30 am
  • BitBike, a P2P bike sharing startup using Bitcoin for payment, is currently looking for votes to determine the first cities for launch. ‘AirBnB’ for Bikes with Bitcoin The aim of the bike hire initiative is for people to both rent their own bike and hire them out to other BitBike members using a mobile phone app. Users will be able to browse bikes that are currently available and the BitBike website promises that there will

    BitBike: This Bitcoin-Powered ‘AirBnB’ for Bicycles Wants Your Vote

    | 2017/07/18 11:00 am
  • A controversial small town in rural South Africa, infamous for its racial segregation, has identified the value of digital currencies for their microcosmic economy. Orania, a bastion of white supremacy in a country that abolished Apartheid 23 years ago, is looking to move with the times in terms of technological economic growth, despite still remaining backward socially. Established in 1991, ahead of the impending democratic elections in South Africa, Orania is classified as a self-sufficient

    Racially Segregated ‘Whites-only’ Micronation Seeks Digital Currency

    | 2017/07/17 6:30 pm
  • Over 500 people attended a panel discussion to hear Microsoft officials discuss blockchain’s potential for industry disruption. Leading the Blockchain Industry On July 12, Microsoft organized a panel discussion to explain its ambitions for blockchain technology. Two leading Microsoft officials, Yorke Rhodes, global strategist for blockchain, and Craig Hajduk, a principal manager for blockchain engineering, discussed how Microsoft is aiming to be the leading provider of blockchain enterprise services. Over the past two years, the famous

    Microsoft Reveals Ambitious Blockchain Strategy

    | 2017/07/15 6:30 pm
  • Switzerland’s Falcon Private Bank has partnered with a local Bitcoin exchange giving the financial institution the opportunity to offer Bitcoins, as well as altcoins, to its customers through asset portfolios. On Wednesday, Falcon Private Bank took major steps in a number of avenues within digital currency when it announced that it would be storing and trading Bitcoin within its asset infrastructure. Wealthy customers of the bank will now be able to branch out into digital currencies, allowing them

    Switzerland’s Private Banking Sector Offering Bitcoin as an Asset

    | 2017/07/14 3:30 pm
  • Earlier this week, Israeli-based startup Matchpool released its much-anticipated blockchain-based matchmaking platform, currently in its alpha stage of development. Connecting People on the Blockchain Initially created to be a dating platform, Matchpool has grown to become the first community and incentive driven social network built on top of the Ethereum blockchain. The ambitious project combines the best features of social platforms like Slack, Facebook, and popular online dating apps to provide a way to bring together

    Matchpool Launches Alpha Release of Its Blockchain-based Matchmaking Platform

    | 2017/07/13 5:00 pm
  • Logistics company A2B Direct, currently operating in Eastern Europe, announced the launch of its Ethereum-backed ICO. Beginning on July 12th, 2017, the campaign is scheduled to last for one month and seeks to raise between €500,000 to €3,000,000. The platform was first introduced in late 2016 and became widely known as a “freight Uber.” The service provides direct interaction between freight forwarders and cargo owners, ensuring 24/7 communication with the driver, and taking care of all involved

    A2B Direct to Launch Blockchain Platform and Hold ICO

    | 2017/07/12 3:00 pm
  • The Indian insurance company, Bajaj Allianz General has announced that it will use blockchain technology to speed up the process of claims in the travel and motor divisions. Blockchain for Insurance Bajaj Allianz General Insurance officially announced on July 7th that it will be integrating blockchain technology with some of its insurance products. The implementation of this technology into its operations will effectively help speed up the process of claims. This new measure will also help save man hours, reduce claim times,

    Indian Insurance Company Deploys Blockchain Tech to Speed Up Claims Process

    | 2017/07/09 8:30 pm
  • Standpoint Research founder and analyst Ronnie Moas is predicting that the bitcoin price will climb to $5,000 in the next year and then hit $25,000-50,000 in the next decade. Standpoint: From $5,000 to $50,000 per Bitcoin Famous trader Ronnie Moas, who also is the founder of the Florida-based investment firm Standpoint Research, told his clients in a note Wedensday that the bitcoin price could double to $5,000 in 2018 and potentially hit a price range of $25,000-50,000 in

    $50,000 Per Bitcoin Within Next Decade: Standpoint Research Founder

    | 2017/07/06 6:00 am
  • The logistics industry has been in thrall to intermediaries and bureaucrats for decades, if not centuries. Smugglers and con artists have used its infrastructure to run their illicit businesses. Complexities of supply chains and cargo tracking, as well as enormous forwarding expenses and ceaseless document flow, have resulted in a serious increase of expenses. This all might change, however, with A2B Direct rolling out its innovative blockchain solution that some have already dubbed a ‘freight Uber.’

    ‘Freight Uber’ A2B Direct Develops a Blockchain Solution for Its Platform

    | 2017/07/05 5:00 pm
  • Goldman Sachs chart analyst, Sheba Jafari, has predicted that bitcoin price will have a correction, before sky-rocketing to nearly $4,000.  Goldman Sachs: It’s Just a Matter Of Time Goldman Sachs chart analyst, Sheba Jafari, has predicted in a recent report that bitcoin’s price uptrend could continue even further. Jafari is predicting that the bitcoin price could continue its correction, falling to as low as $1,875 before recovering. “From current levels, this has a minimum target that goes

    ‘It’s Just a Matter of Time’: Goldman Sachs Says Bitcoin Price Will Go to $4,000

    | 2017/07/04 7:00 am
  • Bitcoin and Bitcoin Investment Trust (GBTC) in particular are beating traditional investments like gold, stocks and bonds, by as much as 220.59% so far in 2017. Crypto-Market Bulls Are Outrunning Stocks More and more investors are investing directly into bitcoin and other cryptocurrencies, which soared to a $100 billion market in the last couple of months. Many saw this recent price hike as a perfect way to get into the cryptocurrency market. The Bitcoin price has risen by am impressive 156% since last

    Bitcoin Once Again Outperforming Gold, Stocks & Bonds in First Half of 2017

    | 2017/07/03 7:30 am
  • Tim Draper-backed Tezos’ ICO has already netted over $100 million in contributions during the first day of its 12-day uncapped campaign. Tezos: $109 Million With 11 Days To Go Having launched slightly ahead of schedule July 1, the token sale had received 31,224 BTC and 129,468 ETH as of press time Sunday. The delayed release of the latest ERC20 token, dubbed Tezzies (TEZ), was keenly awaited by investors following Tim Draper’s announcement he supported Tezos’

    Tim Draper Uncapped Tezos ICO Raises $109M In 15 Hours

    | 2017/07/02 5:00 pm
  • The new blockchain project SkinCoin aims to fix the problems plaguing the booming market of video game skin betting and trade. The skins market is somewhat of a novelty concept even to many veteran online gamers. It has existed as a fairly marginal industry ever since video game skins first became available but when Steam’s skin market economy spilled into secondary platforms several years ago – and generating insane profits in the process – the

    SkinCoin: a Blockchain Solution for the Video Game Skin Trade Economy

    | 2017/06/30 2:00 pm
  • Ethereum price is crashing at an alarming speed. Could the Ether bubble be real? If so, has it finally popped? Ethereum Price Drops Over 15% Ether, the underlying currency in the Ethereum blockchain, is losing value on the price charts, having dropped $47.44 (-15.51%) in the last 24 hours. Currently sitting at $259, Ether continues to drop at an alarming rate, causing investors to wonder if the bubble mentioned by several members of the community is now

    Flippening Flop? Ethereum Price is Crashing Amid Bubble Fears

    | 2017/06/26 7:30 am
  • American billionaire Mark Cuban took the Bitcoin world by storm when he revealed his interest in the cryptocurrency and the possibility it may be a bubble. Shark Calls Bitcoin Bubble Mark Cuban is, among other things, an American billionaire, businessman, investor and television personality. He is also known for being one of the main investors on the ABC reality television series, Shark Tank. Yesterday, Cuban took the Bitcoin world by storm when he tweeted about

    Billionaire Mark Cuban Buys $20 in Bitcoin, Says It’s ‘In a Bubble’

    | 2017/06/07 7:00 am
  • Independent feature film Braid will set a new precedent for independent film finance by using an ICO funding model. By leveraging the accounting and documenting elements of the Ethereum blockchain this new way of funding promises to disrupt traditional film financing models. The Evolution of Crowdfunding Independent film producers have been attracting financial support for their projects through crowdfunding websites like Indiegogo and Kickstarter for years. Funding through these types of websites is usually incentive-based, with backers receiving merchandise, dinners

    Independent Film’s ICO says Goodbye to Hollywood

    | 2017/06/05 6:00 pm
  • The new online gaming platform ZENIgames offers gamers a chance to play games and win “Zennies” in the process. Love online gaming and cryptocurrencies? Then this new gaming platform is just for you. The Bulgarian arcade game website ZENIgames.com has announced its official launch and is powered by “Zennies”, the platform’s own cryptocurrency. ZENIgames offers free-to-play online games and lets players earn Zennies in the process. ZENIgames joins other companies such as Datcroft Games Ltd. and Ionomy Studios in integrating

    Cryptocurrency-Powered Game Platform ZENIgames Announces Official Launch

    | 2017/06/04 10:00 am
  • Olaf Carlson-Wee, CEO of hedge fund Polychain Capital, says Bitcoin may lose its edge over Ethereum as soon as the end of next year. With the highest market share and price, Bitcoin remains the most popular cryptocurrency today. The aggressive growth of Ethereum, the market’s second-most popular cryptocurrency, has led Carlson-Wee to predict in an interview with Bloomburg that it will overtake Bitcoin by the end of 2018. He even speculates that the market cap of Ethereum

    Ethereum To Overtake Bitcoin by 2018, Says Crypto Hedge Fund CEO

    | 2017/06/02 7:00 am
  • UK’s most popular investment platform, Hargreaves Lansdown, will soon allow its clients to invest in Bitcoin. Hargreaves Lansdown Hargreaves Lansdown, the administer £70bn of investor money with 876,000 clients, has announced it will allow customers access to invest in Bitcoin. “By adding self-service, online dealing, the team at Hargreaves Lansdown is providing UK investors with professional and quick access to bitcoin in the UK and greater Europe,”  Ryan Radloff, XBT’s head of investor relations told the Telegraph. This follows the recent

    UK’s Most Popular Investment Platform to Offer Bitcoin

    | 2017/06/01 8:30 am