South Korean Government Announces Results from Factual Surveys Done on ICO Companies

South Korean Government Announces Results from Factual Surveys Done on ICO Companies

It was shown that more than $450 million (500 billion KRW) was raised through ICO (Initial Coin Offering) in foreign countries last year. On average, one ICO company raised about $29.7 million (33 billion KRW). However, funds were mostly raised through South Korean investors, and additional damage is expected on investors as history of how these funds have been used is unclear.

CBOE Files for Rule Change with SEC Regarding Bitcoin ETF Approval

CBOE Files for Rule Change with SEC Regarding Bitcoin ETF Approval | Crowdfund Insider

Yesterday, the Cboe filed for a rule change pertaining to listing a Bitcoin-based Exchange Traded Fund (ETF). The filing comes following the Securities and Exchange Commission’s (SEC) ossification on the matter having. The SEC has already rejected multiple requests for a crypto ETF. Earlier this month, the Cboe withdrew the filing for the VanEck Bitcoin ETF.

IBM Completes Blockchain Trial Tracking a 28-Ton Shipment of Oranges

IBM Completes Blockchain Trial Tracking a 28-Ton Shipment of Oranges – CoinDesk

IBM has completed a trial of blockchain technology to track a shipment of mandarin oranges from China to Singapore. Announced today, 28 tons of mandarin oranges, or 3,000 cartons containing approximately 108,000 fruits, were delivered ahead of Chinese New Year celebration on Feb. 5 (mandarin oranges are a symbol of prosperity, IBM explained).

Bitcoin’s Advancing Lightning Network As ‘Wumbology’ (Wumbo) Gets Its Day

Bitcoin’s Advancing Lightning Network as ‘Wumbology’ (Wumbo) Gets Its Day

Bitcoin’s Advancing Lightning: Wumbo Gets Its Day Earlier this year, Bitcoin launched their new lightning network transaction program to (you guessed it), make transactions happen faster. Despite warnings from developers that the release was “reckless” because there could be bugs that cause the irreversible loss of coin within, it did not stop users’ excitement or the beginning of its use.

ICOx Innovations announces new corporate cryptocurrency for GunBroker.com

ICOx Innovations announces new corporate cryptocurrency for GunBroker.com

ICOx Innovations Inc ( CVE:ICOX)(OTCMKTS:ICOX) Chairman and co-founder Cameron Chell tells Proactive Investors the platform that builds blockchain solutions for businesses has built a new corporate cryptocurrency called FreedomCoin. Chells says FreedomCoin will allow the users of GunBroker.com, an online marketplace for hunting, outdoor sports and firearms the ability to pay for purchases using a digital wallet.

Bloomberg: Current Cryptocurrency Market a Buying Opportunity for Venture Capitalists

Bloomberg: Current Cryptocurrency Market a Buying Opportunity for Venture Capitalists – Ethereum World News

Cryptocurrency, Venture Capital-Despite the current depressed market prices for Bitcoin and major altcoins, crypto hedge funds turned venture capitalist are finding themselves in the midst of a potential buying opportunity. According to Bloomberg, the rush to establish cryptocurrency hedge funds throughout the bullish market of 2017 has led to an uptick in venture capital activity, …

Canadian Cryptocurrency Exchange QuadrigaCX Files for Creditor Protection in Nova Scotia

Canadian Cryptocurrency Exchange QuadrigaCX Files for Creditor Protection in Nova Scotia

Following months of financial and legal troubles, major Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection, according to an official announcement on Jan. 31. Per a statement on the exchange’s website, the firm filed an application for creditor protection in the Nova Scotia Supreme Court today in compliance with the Companies’ Creditors Arrangement Act (CCAA).

Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages

Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages

American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31. Per the announcement, the firm is currently providing services to a small, select group of clients while it continues to build the platform’s infrastructure.

Bitcoin [BTC] and the cryptocurrency industry is not being helped by defaults on tax payments: Bittax

Bitcoin [BTC] and the cryptocurrency industry is not being helped by defaults on tax payments: Bittax – AMBCrypto

In a statement that could incite a reaction from many who adhere to the strict tenets of cryptocurrency, a tax firm has suggested that anti-establishment attitude and defaulting on taxes owing to any Bitcoin or cryptocurrency transactions will only contribute to the slower adoption of cryptocurrencies on a wider scale.

NYDFS Grants BitLicense to Third Bitcoin ATM Operator

NYDFS Grants BitLicense to Third Bitcoin ATM Operator – CoinDesk

Another bitcoin ATM operator has received one of New York’s coveted BitLicenses. Cottonwood Vending LLC was granted one of the virtual currency licenses Thursday, the New York Department of Financial Services announced on Twitter, joining a select group of fewer than 20 crypto companies to receive regulatory approval to operate within the Empire State.

Blockchain Technology Explained: The Biggest Use Cases for State and Local Government

Blockchain Technology Explained: The Biggest Use Cases for State and Local Government

Along with artificial intelligence and the Internet of Things, blockchain is one of a handful of technologies that might have more buzz around it than actual deployments across state and local governments. Blockchain technology, in and of itself, cannot replace legacy systems for databases, record keeping or transaction management, but it can enhance such systems, experts say.

Blockchain will enhance risk management techniques: Experts

Blockchain will enhance risk management techniques: Experts – Business Insurance

MIAMI – The information sharing and collaboration that blockchain technology fosters should lead to improved risk assessment processes, insurance and technology experts say. And as the technology spreads through the insurance placement chain, captive insurer owners will be able to use the blockchain to expand their coverage of third-party risks, they say.

Ethereum’s Joseph Lubin Says Last Year’s Contraction Is Ending As Crypto’s Future Looks Good

Ethereum’s Joseph Lubin Says Last Year’s Contraction is Ending as Crypto’s Future Looks Good

Joseph Lubin: “With Last Year’s Contraction Now Ending, The Future Looks Good For Crypto” ConsenSys and Ethereum co-Founder Joe Lubin recently spoke with CNN Money Switzerland about the future of blockchain technology and how he feels the traditional stock market will perform in 2019.

Fidelity Says Its Crypto Trading and Storage Platform Is in ‘Final Testing’

Fidelity Says Its Crypto Trading and Storage Platform Is in ‘Final Testing’ – CoinDesk

Financial services provider Fidelity, which has some $7.2 trillion in client assets under management, said Thursday that its anticipated crypto trading and custody platform is in its “final testing” phase. The company noted in a blog post late Thursday that it had on-boarded “a select set of eligible clients” already, while it worked on building Fidelity Digital Asset Services (FDAS).

Korean Government Upholds ICO Ban: “No Company Had Actual Service,” Tokens Dumped

Korean Government Upholds ICO Ban: “No Company Had Actual Service,” Tokens Dumped | Crowdfund Insider

Citing “high risk,” “insufficient disclosure,” “no actual service” and token dump price plunges of 68% immediately after privately sold coins are introduced onto public exchanges, the Korean Government has decided to uphold strict regulation (reportedly a ban) on ICOs (initial coin offerings).

UNICEF Partners with Ethereum Hackathon ETHDenver on a Blockchain Token Reward System

UNICEF Partners with Ethereum Hackathon ETHDenver on a Blockchain Token Reward System – CryptoNewsZ

The Ethereum hardware hackathon ETHDenver has announced that they are partnering with UNICEF on a blockchain token reward system. The token aims to encourage developers to create projects that would benefit society. ETHDenver has joined hands with UNICEF Ventures, UNICEF France and ETH startup Bounties Network to build a prototype.

Crypto Exchange QuadrigaCX Files for Creditor Protection

Crypto Exchange QuadrigaCX Files for Creditor Protection – CoinDesk

Canadian crypto exchange QuadrigaCX is filing for protection from creditors, a step taken to avoid bankruptcy. In a statement posted to its website nearly a week after the portal became inaccessible, the exchange announced that it had filed “an application for creditor protection in accordance with the Companies’ Creditors Arrangement Act,” as part of a move to “address” financial issues.

Giving “Without Friction or Fraud.” The First Bitcoin Donation Platform Turns Five

Giving “Without Friction or Fraud.” The First Bitcoin Donation Platform Turns Five

BitGive, the first bitcoin 501(c)(3) nonprofit recognized by the U.S. government, marked its fifth anniversary in 2018. BitGive is a funding platform that accepts and sends donations in bitcoin (digital money) with a blockchain (a digital network and ledger). It distributes the funds to nonprofits quickly, cheaply and securely-taking advantage of some of blockchain technology’s most lauded features.

Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament

Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament

Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 26 countries. Launched in 2011 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country.

Ripple fans compared to “Flat Earthers” by a prominent Bitcoin [BTC] enthusiast and trader

Ripple fans compared to “Flat Earthers” by a prominent Bitcoin [BTC] enthusiast and trader – AMBCrypto

Tone Vays, a prominent trader, Bitcoin enthusiast and head of research at Brave New Coin tweeted that having a debate between prominent people in the Bitcoin community and those in the XRP and Ripple community would be like a conversation between “Geologists” and “Flat Earthers”.

Crypto Markets Cool Off Following Yesterday’s Surge, Ripple (XRP) Drops Over 2%

Crypto Markets Cool Off Following Yesterday’s Surge, Ripple (XRP) Drops Over 2% | NewsBTC

Yesterday was a positive day for the crypto markets, with many cryptocurrencies surging to recover some of their recent losses. Despite this, the markets were not able to maintain their upwards momentum, and all major cryptocurrencies have dropped today, with Ripple (XRP) surrendering a portion of its recent gains.

Bitcoin (BTC) Holds Steady Above $3400, But Analysts Still Believe Further Losses Could Be in Store

Bitcoin (BTC) Holds Steady Above $3,400, But Analysts Still Believe Further Losses Could Be in Store | NewsBTC

Following Bitcoin’s recent drop into the $3,400 region, it has been able to hold support above $3,400 for an extended period of time, which may ultimately prove to be positive for Bitcoin’s price action. It is important to note that Bitcoin (BTC) has not yet been able to break above $3,500, which appears to be a relative level of resistance for the cryptocurrency.

Stellar (XLM) Micropayments to the Rescue for EU Digital Publishing House Alex Springer via …

Stellar (XLM) Micropayments to the Rescue for EU Digital Publishing House Alex Springer via SatoshiPay Wallet

Journalism has been unkind and relentless place, especially for online publishers. Most publications are free to read, leading to paywalls for companies to bring in revenue to keep their businesses afloat. However, there are limits to how much the average consumer is willing to spend on their news publications, which is shown through the 1,000 jobs that were lost on HuffPost, Buzzfeed, and Gannett in this week alone.