Mattereum, an unorthodox startup, hopes to revolutionize the world of smart contracts by transforming them into enforceable legal contracts. High Weirdness in London TechCrunch’s Jon Evans notes that Mattereum’s project has been kindling in London for roughly a year-and-a-half, with an eclectic “[…] team of lawyers, cryptographers, software engineers, and/or former military consultants.” The project revolves around an attempt to bring together smart contracts and real-world legal contracts, altering traditional landscapes of ownership and legality. Mattereum’s white paper, available via the company’s website, was published in October of this year. The paper describes Mattereum’s goal of developing:…
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South Korea’s Upbit to Launch Cryptocurrency Exchanges in Thailand and Indonesia
South Korean cryptocurrency exchange Upbit has reportedly started marketing new crypto exchanges in Thailand and Indonesia as part of its global expansion plans. The company recently launched an exchange in Singapore. Over 130 coins and 240 trading pairs will be offered on both of the new Upbit exchanges, according to their websites. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Latest Expansion Plan Upbit, one of South Korea’s largest cryptocurrency exchanges, has been marketing new crypto exchanges in Thailand and Indonesia in their local languages, according to local media.…
Read MoreThe Daily: Shatner Dives Deep Into Crypto, Bank to Launch Digital Deposit Box
In today’s edition of The Daily, we feature a story about William Shatner flaunting his vast crypto knowledge, from Tether to Kitties. Additionally covered are a bank which wants to offer a digital deposit box for exchanges and investment funds, a new development in the Charlie Shrem lawsuit and more. Also Read: Marshall Islands President Attacked Over National Crypto Plan Tether Blows Captain Kirk’s Mind William Shatner, the original Captain Kirk, wants you to know that he knows his crypto. After admitting back in June that he doesn’t fully understand…
Read MoreCryptocurrencies to Target for the Next Bull-Run (OAX, XLM, HOT)
Cryptocurrencies OAX, HOT, and XLM are worth looking into if you’re looking for coins with the best chance to outperform Bitcoin price in Q4 2018. Small Cap Vs. Low Price Cryptos (A Trader’s Mindset) The mindset of a cryptocurrency trader in a bull vs. a bear market is vastly different. During the last bull-run, two types of cryptocurrencies had a tendency to ‘pump.’ Ones with very low market caps on big exchanges and those with very low prices. The coins with low market caps, dedicated teams, with the network to…
Read MoreNigerian Startups Call for Cryptocurrency Regulation to Stem Investment Outflows
Nigeria’s financial technology startups have called on the Central Bank of Nigeria (CBN) to provide legal guidelines for the cryptocurrency and blockchain industry. A lack of regulation is driving investment out of Africa’s biggest economy to areas like Rwanda and Europe while fomenting uncertainty, according to the Electronic Payment Practitioners Association of Nigeria (E-ppan). Also Read: Canadian Bitcoin Miner Hut 8 Reports Q3 Loss of $8.7 Million Lack of Regulation Drives Capital Away “Investments in blockchain-based financial services such as cryptocurrency are today going to Rwanda and Malta, which have provided…
Read MoreCountries and Enterprises Can Access Green Capital Market Thanks to Blockchain Technology
Regardless of futuristic forecasts, blockchain technology doesn’t seem to have that many real-world applications, especially at a large global scale. The green capital market, however, tends to stand out, as blockchain has already been tried and tested. It opens up ecological markets for enterprises by allowing emissions trading. Emission Trading and What it Entails Emission trading is a phenomenon which was initially brought forward by the Kyoto Protocol in 2005. It came into effect in order to reduce the harmful effects of CO2 emissions into the atmosphere, the issuers of…
Read MoreEtherdelta Founder Fined $400K for Operating Unregistered Securities Exchange
The U.S. Securities and Exchange Commission has published details of a cease and desist order it has taken against Zachary Coburn, the operator of Etherdelta. The decentralized ER20 token exchange was the leading Ethereum DEX during its peak, executing more than 3.6 million orders. According to the SEC, many of those orders were for unregistered security tokens. Also read: Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels Zachary Coburn Settles With SEC Zachary Coburn Zachary Coburn is almost $400,000 out of pocket after settling with the SEC for…
Read MoreHuobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels
The Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program. Also read: Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets New Branch to Maintain Russian Call Center Huobi Global Senior Director Edward Chen and Andrei Grachev, head of the Russian office, announced the launch date during the Blockchain Life conference in Saint Petersburg this week. They revealed that the…
Read MoreThe Daily: Security Experts Rank Exchanges by Safety, Malta Dominates Trade Volume
In today’s edition of The Daily, we cover several different reports about the cryptocurrency ecosystem. The first was written by a cybersecurity firm that’s trying to identify the safest exchanges through which to trade. The second report offers a detailed breakdown of the market based on a host of different parameters, while another shows that corporations have abused the term “blockchain” so much that it has become poisonous. Also Read: Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin And the Safest Exchange Is… Group-IB, a Moscow-based cybersecurity…
Read MoreVenezuela’s Supreme Court Orders Payment in National Cryptocurrency
Venezuela’s Supreme Tribunal of Justice has ordered a compensation payment of 266 petros, the country’s national cryptocurrency, in a workplace injury case. Meanwhile, the Venezuelan government has launched the petro savings plan, backed by 4 million of the digital currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Venezuela’s Supreme Court Recognizes Petro The Supreme Tribunal of Justice of Venezuela (TSJ) has ordered moral damage compensation in a workplace injury case to be paid in petros or the equivalent, local media reported on Friday. The TSJ is the country’s highest court…
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