In the Race for a Bitcoin ETF, Wall Street Has Plenty of Hurdles to Clear

In the latter half of 2018, few developments have occupied crypto investors’ headspaces like the industry’s indefatigable pursuit of a bitcoin exchange traded fund (ETF). This conversation lay largely dormant since the two brothers’ first attempt was rejected by the U.S. securities regulator in March of 2017. But the Winklevosses reignited the conversation when their second attempt at an ETF was shot down by the U.S. Securities and Exchange Commission (SEC) in July of this year.  With the buzz back, the prospect (or failing prospects) of a bitcoin ETF have…

Binance Launches Research Arm For “Institutional-Grade Research Reports”

Popular cryptocurrency exchange Binance announced today that it has launched a new division dedicated specifically to industry analysis. In a November 8, 2018, announcement, Binance described some of the responsibilities of this new division, which has been dubbed Binance Research. The research is “focused on the creation of institutional-grade research reports” and has “the aim of increasing transparency and improving the quality of information available within the crypto space.” To this end, Binance has paired the official public announcement of this new division with some of the research that it…

University of Guelph Joins Left to Build Mesh Networks in Canadian North

The School of Computer Science at the University of Guelph has partnered with an award-winning startup to revolutionize connectivity across Northern Canada. The Maple Ridge-based tech company Left has teamed up with the University of Guelph to launch a $2.1 million project with Mitacs to spread Mitacs’ patented mobile mesh network to a wide range of remote communities in Canada. This is the largest partnership the School of Computer Science has ever undertaken, incorporating “120 graduate student internships over five years, from universities across Canada.” Left and Mitacs are providing…

Altcoins Preserve Bearish Sentiment as Rally Fizzles Out

Twitter Facebook LinkedIn Led by ripple (XRP), the bitcoin and the altcoin markets edged lower on Thursday after staying on the bulls’ side for most of the week. Ripple Price Headlines Pullback The cryptocurrency market as a whole witnessed their uptrends getting stalled. Other top performers during the previous rally, including stellar (XLM), bitcoin cash (BCH) and EOS, underwent a sharp pullback action. However, they managed to hold on to some of their gains despite being unable to sustain their prevailing bullish momentum. The crypto correction coincided with the pullback…

Expect the SEC to Target More Token Exchanges After EtherDelta

The Securities and Exchange Commission’s (SEC) settlement with the founder of EtherDelta is likely the first of many enforcement actions to come against crypto token exchanges. Until recently, the SEC’s scrutiny of the cryptocurrency industry largely focused on projects and teams that raised money through initial coin offerings (ICOs) in possible violation of securities laws. But a person familiar with the SEC’s thinking told CoinDesk Thursday that crypto trading platforms have become a significant priority for the agency’s enforcement division. As such, the news that the SEC had charged EtherDelta founder Zachary…

Teachers Mine for Ethereum | Busted for Using School’s Power

Teachers Mine for Ethereum: Mining for cryptocurrency comes with its controversy. Energy consumption is already the most eyebrow-raising aspect. So what about using the local school’s computers to mine for Ethereum… during school time? Oh, and you’re the principal of the school. This is exactly what happened in Hunan Province, China. Teachers Mine for Ethereum: What Happened? According to Hong Kong news outlet HK01, two Puman Middle School principals were caught using the school’s power to mine Ethereum. The school’s general manager noticed the computers’ fans were louder than normal and…

Coinbase Users Can Now Buy and Sell Brave’s Basic Attention Token

Crypto exchange Coinbase is adding web browser Brave’s Basic Attention Token (BAT) to its retail trading platform, less than a week after listing it on Coinbase Pro. The exchange announced Thursday that customers would be able to buy, sell, trade or otherwise transact with the token on coinbase.com, as well as its Android and iOS apps. Coinbase first said it was supporting the token on its professional trader platform Friday, making BAT the second ERC-20 token to be listed by the company, after 0x. That being said, not all customers…

Bitcoin (BTC) Profits Jump $500,000 in Square Q3 Earnings Report

US financial service company Square (NYSE:SQ) just announced that its Q3 Bitcoin (BTC) revenue jumped up from its previous earnings in Q2. Square detailed its full company earnings in a shareholder letter released yesterday. In the third quarter of 2018, we continued to drive strong growth at scale. $SQ https://t.co/HPhSMfVgac — Square IR (@SquareIR) November 7, 2018 Bitcoin (BTC) Revenue Q3 2018 Square released a full digest of its total earning and financial activities. The release was far more colorful and interactive than most public companies’ earnings reports. It included…

JRR Crypto Launches Token Design Competition

In a collaboration with LongHash and BTC Inc, JRR Crypto has launched an international token design competition. Beginning on October 26, 2018, JRR Crypto launched this design competition at a multiday festival in Berlin. According to the group, it’s designed to address one of the fundamental issues that the development of decentralized projects faces today. “JRR observed that most blockchain projects that design a pass-through mechanism are too focused on fundraising rather than actual economic model building and the landing of business models,” according to a translated description of the…

Bitmain’s New 7nm Chip Miners Are Available for Purchase Today

Chinese mining giant Bitmain’s 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15. The company first provided the news on Twitter, writing, “We are officially announcing the release of our new 7nm miners which possess industry-leading hash rates designed to mine with the SHA256 algorithm. Two models will be offered, the Antminer S15 and T15. Available for purchase on…